What is a healthcare practice actually worth?
A hot topic of discussion with our clients and people we deal with in the healthcare industry is 'What is a medical or dental practice actually worth?'
It's a challenging discussion because often, the practice isn't actually worth how much someone expects it.
Join me as I share some of the key elements and questions you need to ask when working out what your medical or dental practice is worth.
At the moment, there's a huge demand for medical or dental practices. So the multiples are really high.
Working out what works for you and what works around what you want in life is really important. We have heaps of conversations around that, so don't be scared to reach out to your advisor and have those discussions.
Make sure you've got a strategy.
If you're building towards a value, make sure you're getting regular reports, so you know exactly how you are tracking at any point in time.
If you have any questions or need further advice, I'm available for a quick chat.
Director | Affluence CA