Published: 02/2025
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Get help valuating a practice, marketing a practice for sale, finding a buyer for a medical practice, creating a contract, and sealing Tags:Sell Medical PracticeMedicinePeople also askCan a medical practice be sold?There are usually only two structures that the sale of a medical practice can take: selling some or all of the assets (an asset sale), or selling the actual corporate entity (Corp, LLC, LLP, etc.), an entity sale. If you are a sole proprietor, not incorporated, your only choice is to do an asset sale, as you have no corporate entity to sell.A Detailed Step by Step Guide - How to Sell a Medical PracticeHow does an independent contractor get paid in a medical practice?An independent contractor in a medical practice is expected to be paid on a project-to-project basis, either by the hour or by flat-fee per project. A practice could also agree to pay an independent contractor for a given number of hours per week for a given length of time (say, 30 hours per week for 3 months).A Detailed Step by Step Guide - How to Sell a Medical PracticeShould a medical practice use an independent contractor?A medical practice using an independent contractor is expected to be paid on a project-to-project basis, either by the hour or by flat-fee per project. A business could also agree to pay an independent contractor for a given number of hours per week for a given length of time (say, 30 hours per week for 3 months).A Detailed Step by Step Guide - How to Sell a Medical PracticeHow do you sell a medical practice?When it comes to selling a medical practice, there are basically two different kinds of payment arrangements: Lump Sum Payments and Installments. In most cases, the two are mixed in some fashion. 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