Practice acquisition: buy or build?
While the advantage to a hospital of having a stake in a physician's practice is clear, the manner by which it should gain that stake is not. Should a hospital acquire an existing practice through outright purchase or assist a physician in building a new one? This article discusses the financial components that influence this decision and presents a pro forma analysis model.
Manecke
S R
SR
Physician Services of America, Louisville, Ky.
D003362:Cost-Benefit Analysis / Q000706:statistics & numerical data*; D003625:Data Collection; D003659:Decision Making, Organizational; D005194:Family Practice / Q000191:economics; D005375:Financial Audit; D005377:Financial Management, Hospital / Q000379:methods*; D017721:Hospital Costs / Q000706:statistics & numerical data; D006759:Hospital-Physician Joint Ventures / Q000191:economics* / Q000706:statistics & numerical data; D007182:Income / Q000706:statistics & numerical data; D011216:Practice Management, Medical / Q000191:economics*; D014481:United States