title: The physician equity option: an alternative to purchasing a practice.
abstract: Traditionally, a healthcare organization acquires a physician practice by purchasing the practice's assets and then acting as an employer to the physicians. Another acquisition strategy is for a healthcare organization's medical director to purchase equity in a practice and then direct the physician partners. An alternative to these traditional strategies is the physician equity option, by which a healthcare organization purchases an option to acquire a physician practice at a future date. This strategy enables a healthcare organization to meet its goal of developing relationships with physician groups without the cash outlay involved in purchasing 100 percent of a practice outright.
authors.affiliation: Physician Management Group, Inc., New Orleans, LA, USA.
authors.forename: J W
authors.initials: JW
authors.lastname: McDaniel
authors.forename: T P
authors.initials: TP
authors.lastname: Schier
mesh_terms: D019981:Health Care Sector; D006801:Humans; D007449:Investments; D010067:Ownership; D011216:Practice Management, Medical / Q000191:economics*; D013997:Time Factors; D014481:United States