Medical Practice Opportunities, Inc.


    BUYING A PRACTICE:

    Medical Practice Opportunities, Inc (MPO) will work with you to find a practice that suits your training in the type of community you desire.

    Timing is Critical. The ideal time period for a commitment by a buyer to purchase a medical practice is at least nine months prior to their intent to begin practice. This time period is essential because of the lengthy application process required by most state licensing departments, hospitals, and insurance plans. Although each entity may claim an approximate 90-day process time, these processes are dependant on each other. Most hospitals will not grant staff privileges until state licensure has been granted. Many insurance plans will not accept applications unless hospital privileges can be verified. Therefore, a total processing period may take 9 months!

    Once we have been engaged by the buyer to represent* them, we will provide the following services:

    • Create a Personal Portfolio
    • Provide a Detailed Analysis of Prospective Practices
    • Aid in the Negotiation Process
    • Aid in Obtaining Financing
    • Review of Buy-Sell Agreements
    • Aid in Finding In-State Legal Counsel
    • Aid in Establishing a Smooth Transition Process
    • Guidance in Obtaining Licensures, Hospital Privileges and Inclusion in Local Insurance Plans
    • Access to Resources for Practice Management Training Aid in Start Up Marketing Techniques

    *If also engaged by a seller, our primary commitment will be to the seller, not the buyer. However, we will ensure appropriate protection by your legal counsel.