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  • Determing the Value of Your Practice

    If a hospital or physician group approached you today with an offer to buy your practice, would you know if it was a good offer? Do you really know what your practice is worth? If you do not, the difference in value can be anywhere from a decrease of 50% to upwards of an increase of 300% of its original value.  

  • The Real Cost to Move Your Practice

    Most people dread moving: part of it is the hassle of moving, but another thing to think about is the cost of moving, which includes more than just boxes and a moving truck. Moving a medical office costs more than moving an apartment or house, so don’t make the mistake of comparing the two.

  • Are Mixed Practices a Good Idea?

    Bringing together a group of specialists within one practice can save you money, increase your patient base and add stability and visibility to your practice. But mixed practices do have some challenges, and even some drawbacks.

  • Reducing Energy Consumption to Cut Your Electricity Bill

    As medical offices become increasingly more tech-savvy and equipment-laden, it’s likely that your energy costs are skyrocketing. Discovering smart ways to reduce your energy consumption and reduce your energy costs makes environmental and financial sense. 

  • All You Need to Know about Letters of Credit

    Letters of credit may sound like a smart alternative to putting up cash for your professional real estate transactions, but they’re not right for every practice in all situations. Here, answers to important questions about letters of credit and what you should know before signing on the dotted line.