Purchasing a practice is one way in which nurse practitioners and other clinicians will start a practice. However, unless you approach it with eyes wide open and the appropriate professionals at your side, you may find it was not the wisest of choices for you.
In episode #82 of the NP Business Matters podcast, I discuss 12+ key considerations worth paying attention to when you are considering purchasing a practice that is for sale, as well as what to consider when are asked to take over or inherit a practice.
Some of the things mentioned in the podcast include:
- Financial assessment
- Legal Considerations
- Practice valuation
- Payer mix
- and so much more.
To make it easy, I’ve included a checklist you can download with these 12 items. You simply need to fill out your name and email address, and the resources will be sent to your email.
- Catch up on all the NP Business Matters podcasts here.
- Check out the Nurse Practitioners in Business Facebook Group
- Become a Member of the NPBO™
- Ready to start your own practice?
Connect with the Podcast
You can find the NP Business Matters Podcast on popular podcasting platforms:
- Apple Podcast
- Google Podcast
- Amazon Music/Audible
- And others. You’ll also find us in your favorite podcast player.
As always, please subscribe, leave a rating, and share with your colleagues.
If you have requests for topics and/or guests, you can leave us a comment below, or anonymously fill out this form.
Did you purchase a practice? What was your experience? What caveats would you share with your colleagues?