Buying a Physician Practice? Ask These Questions

July 18, 2012 | Risk Management News

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Probing questions can help clarify an organization’s motivation for and considerations that must still be resolved before buying a physician practice, states an article published in the July 2012 hfm Magazine. The author of the article notes that such careful deliberation before a practice is purchased can prevent a “dysfunctional” relationship between the hospital and practice, which would be characterized by lack of agreement on strategic goals, staff disgruntlement, low practice productivity or revenues, and other negative factors.

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