Physician Services
When selling a physician practice, physician groups need an experienced financial advisor providing insight on the ins-and-outs of the issues that come up during a sale.
- Do you need your own practice valuation to serve as a benchmark?
- How important is the hospital’s choice of a valuation firm how should you influence it?
- What about the pitfalls of post-sale compensation — which is often more important than the sales price?
- “Unwind” provisions and restrictive covenants must be carefully negotiated to assure they are workable if everything doesn’t work out.
- Post-sale issues including distribution of proceeds, staff retention and operations/management are often overlook.
Delta’s experience in working with both physicians and hospitals assures you maximize the value of your practice, your post-sale compensation and your post-sale satisfaction.
Reestablishing Private Practice
Physicians concluding that hospital employment isn’t for them and considering a return to private practice often don’t know where to start. Delta wrote the guidebook on returning to private practice. Our services include examination of the following:
- What are the legal barriers? Is a separation possible?
- Where is your hospital employer in its employment cycle? This insight can make separation possible even where legal barriers exist.
- Valuation services allowing you to “sanity test” the value the hospital assigns to your repurchasing practice assets.
- A comprehensive feasibility is a key component, answering threshold questions such as startup costs, sources of capital financing, financial projections and projected physician income.
- Management recruiting and operational startup.
Group Practice Mergers/Aquisitions
Delta is the preeminent firm in the formation of new physician groups through merger and acquisition. We have formed and been integral to the success of some of the largest and most successful physician groups in the country.
Other Services
Delta’s experience allows us to provide a broad perspective on most group practice issues including:
- Strategic planning
- Business planning
- Practice assessments
- Compensation plan design
- Management recruiting and mentoring
- Interim/turnaround management
- Performance improvement benchmarking and dashboards
