medical-practice-risk-analysis

The value of a doctor's practice impacts nearly every aspect of his or her professional, financial and          personal life.

Litigation Support

Litigation is often contentious and stressful.  The PVG valuation experts have the savvy and wisdom that will enable doctors and their advisors to find workable, long lasting solutions to complicated legal matters quickly, effectively and economically without having to resort to messy and expensive court room battles. 

  • Equitable distribution
  • Non-compete arguments
  • Contract disputes
  • Lost wage claims
  • Partnership disagreements
  • Damage award calculations
  • Review appraisals
  • Internal Revenue Service audits
  • Valuations for divorce
  • Expert witness testimony

Strategic Planning

PVG goes to work on behalf of primary care physicians, specialists and sub-specialists such as ophthalmologists, radiologists, orthopedic and general surgeons, general dentists and dental specialists such as periodontists and oral and maxillofacial surgeons, podiatric surgeons, veterinarians, ambulatory surgical centers, free standing diagnostic centers and hospitals to make it easy for them to tackle hard questions associated with:

  • Forming a group practice
  • Resolving buy-sell issues
  • Buying into a practice
  • Starting a practice
  • Hiring an associate
  • Developing an exit strategy
  • Analyzing a merger
  • Designing a doctor salary model

Practice Brokerage

Although the purchase or sale of a medical practice is a business transaction, it involves more than money.  Seller’s emotions run deep.  Buyers experience anxiety, if not sheer terror.  Success requires dedication and hard work and an expert in medical practice valuation by their side.  
 
PVG practice brokers have the ability and good judgment to help buyers and sellers work together to resolve the following tricky issues and conclude the sale.

  • Determining a listing price
  • Acting as a buyer's agent
  • Developing a pricing strategy
  • Drafting a letter of intent
  • Acting as a seller's agent
  • Helping the buyer get a loan

Practice Management Consulting

Human medicine along with veterinary medicine and dentistry experienced unprecedented growth during the past two decades.  Practice economics were robust.  Profits soared.  Doctor income mushroomed.   Prosperity was the norm not the exception. 

But…….the economic model of the old normal could be broken.  Too little might be the new normal.  The Practice Valuation Group has boots-on-the-ground experience to help doctors meet the challenge of the new normal and…  

  • Mapping an operating model
  • Operations consulting
  • Fleshing out a strategic plan
  • Building out an infrastructure
  • Preparing a cash flow forecast
  • Developing an org. chart
  • Writing a job description
  • Branding the practice
  • Monitor staff performance
  • Monitoring performance markers

 

“I take a different approach to practice valuation.  I don’t talk valuation theory or appraisal concept to doctors and their advisors.  I talk about valuation and pricing models, practice economics and practice specific risk analysis.  I discuss discovery, procedure and strategy.  I thrash out execution.  If a doctor walks this talk with me, we will solve the valuation problem.  You can take that to the bank.”  

David J. Shuffler