Considering retirement? Selling or Wanting to Buy a Practice? Making this transition requires planning and sufficient time to accomplish this effectively for your patients, staff and family. It more difficult for physicians to sell, transition, start or purchase a practice. Learn creative strategies to help you accomplish your goals. This seminar will discuss the options, including: bringing in an associate, recruiting, selling the practice, or closing the practice. Included is the latest information on valuation methodology for selling, divorce or estate planning.
Participants will learn:
To be prepared for succession planning for the practice and to assure all important safeguards are in effect to leave a practice
Topics covered will include:
Physicians, Administrators, Hospital Administrators who manage physician practices, spouses of physicians
Debra Phairas, MBA, is President of Practice & Liability Consultants, LLC a nationally recognized firm specializing in practice management and malpractice prevention. Her background includes medical clinic administration and loss prevention management for NORCAL Mutual, a physician malpractice insurance carrier in Northern California. Her BS is from Michigan State University and her graduate work at Golden Gate University, San Francisco MBA Health Services Administration program. Her consulting experience includes over 1,800 practices of all sizes and specialties. Typical engagements include: practice start-ups, practice assessments, mergers, financial analysis, revenue enhancement, overhead reduction, personnel management, over 380 practice valuations, expert witness, partnership issues and recruitment support for hospitals and physician groups. She has presented seminars and lectures nationwide for state and local medical/dental associations, management organizations and specialty societies.