Ensure all referral patterns and financial relationships with other providers are legal.
Analyze current physician compensation models to see if they are sustainable or need post-sale adjustments. ⚙️ Operational & HR Questions buying a medical practice questions to ask
💡 : Ensure any agreement includes an escrow account or holdback to cover potential post-sale "redos" or liability claims that surface after closing. buying a medical practice questions to ask
High turnover can signal cultural or management problems that may follow the sale. buying a medical practice questions to ask
Determine if it is for retirement, burnout, or a hidden issue with the local market or regulations.
Negotiate non-compete and non-solicitation agreements to prevent the seller from opening a nearby rival practice.
Ask if they have ever had a third-party HIPAA audit and if business associate agreements (BAAs) are up to date.