I’m aware that valuation involves numbers and computations, but what key factors are present in the more lucrative practices?

What helps a practice’s value?

1. Stable financial performance over the prior 3 to 5 years without decreases in revenue or major increases in expenses,   2. Appropriate cost controls, with practice operating expenses no greater than 55 to 57% of practice operating revenue,  3. Newer, well-maintained equipment and facilities in good locations,   4. Healthy accounts receivable, with no more than 15% of such accounts greater than 120 days old,  5. Diversified revenue streams derived from a combination of different procedures and facilities, and no more than 10% of practice revenue dependent on a single payer,  6. Appropriate administrative, financial, and marketing resources indicating a sophisticated and competent business operation,  7. Local demographics showing a wide, even array of age groups within the practice service area.