By Luis de la Prida
You probably got into medicine because you wanted to make a difference in the world. You recognized that urgent care fills a gap in the healthcare market. You get to interact with a diverse range of patients, fulfilling your own vision of how healthcare should be done.
Now that you’ve been up and running for a while, the administrative burden is keeping you from what you love: practicing medicine. It’s time to decide whether to hold and maintain or grow. How do you take your practice to the next level?
Growth takes risk and thinking strategically. If you find yourself at the point of wanting to grow, but not quite sure how to do it, then you’ll want to read further.
Current Landscape for Urgent Care Practices
Before figuring out how to create a growth plan or implementing an acquisition strategy, it is important to know the lay of the land. Knowing who’s buying and why is an important step toward effective negotiating. Knowing why practices are selling can position you to make an attractive offer that beats out your larger competitors. [Read more…]