title: The value of goodwill in medical practice.
abstract: Accountants measure goodwill as the amount paid to acquire a medical practice over and above the current value of its net tangible assets. Patient lists, a well-respected practice, an ideal location, and other factors are expected to result in greater than normal earning power. In this article, the author discusses the hidden value of goodwill and its important in medical acquisitions and other business transactions.
authors.affiliation: Managed Healthcare Solutions, Lafayette Hill, PA 19444, USA.
authors.forename: A
authors.initials: A
authors.lastname: Lazarus
mesh_terms: D000066:Accounting; D005375:Financial Audit / Q000379:methods*; D010817:Physician-Patient Relations; D011216:Practice Management, Medical / Q000191:economics*; D011365:Professional Practice Location; D014481:United States