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  • Practice Financial Statements

    The biggest medical career decision you will make following your medical training will likely be joining a medical practice. A practice is a small business and you will be entering the business of medicine. Very likely you will have business partners in this enterprise. As with any investigation into a business’s financial health and stability, you must perform a rigorous analysis of the practice’s finances and business metrics. Two ...
  • Medical Practice Revenue Analysis

    The biggest career decision you will make following your medical training may be joining a practice. A medical practice is a small business and you will be entering into the business of medicine. Very likely, you will have business partners in this enterprise. As with any investigation into a business's financial health and stability, you must perform a rigorous analysis of the practice's finances and business metrics. There are two key ...
  • Selecting a Financial Planner

    Selecting a Financial Planner As a trained medical specialist you know that seeking professional help with critical health needs is always advisable. So, when planning for your near and long-term personal and professional financial health, you should also seriously consider seeking the advice of a trained professional - a chartered financial planner. What Sort of Investor Are You? Before starting your search for a financial planner, you first ...
  • Medical Practice Financial Statements

    The biggest career decision you will make following your medical training and medical career management will likely be joining a medical practice. A practice is a small business and you will be entering the business of medicine. Very likely you will have business partners in this enterprise. As with any investigation into a business's financial health and stability, you must perform a rigorous analysis of the practice's finances and ...
  • How to Purchase a Medical Practice

    The current state of the healthcare industry has created an extremely dynamic and sometimes unpredictable marketplace for private practices across the U.S. If you're considering buying into this volatile market you'll need to be rigorous in assessing the true and transferable value of any practice you're analyzing for potential purchase. You'll likely seek out trusted professional help to ensure that your purchase agreement is ...
  • Medical Practice Management: Finance-Key Concepts

    Introduction While many important non-financial considerations contribute to a decision regarding a practice opportunity, this component of the Tool Kit will focus on key financial concepts. The purpose is to provide: (1) an introduction to medical practice financial concepts; (2) insight into key issues related to group practice financial performance; and (3) probing questions to better understand the financial potential of an opportunity. In ...
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