Why Value The Practice?
The potential buyers want to know how much the value of a practice increases from the addition of an ancillary like Pain Baseline testing. Your practice will be valued by Healthcare Practice Sale (HPS) who will create a practice profile that is of Wall Street quality. All costs involved with HPS will be covered by the testing company. Please review the site www.thesecrettosellingyourpractice.com for additional information on HPS. HPS will determine how much the value of your practice increased as a result of the addition of Pain Baseline testing. It is estimated that the addition of Pain Baseline testing will increase the value of any practice by several million dollars as the revenue generated is almost pure EBITDA.
If you decide to place your practice anonymously on the HPS Platform, you will receive offers for your practice but you do not have to accept them. YOU DO NOT HAVE TO SELL and you do not have to be placed on the platform for sale if you do not desire. Your practice, however, will be positioned to sell for a very high multiple if you do decide to sell.
HPS bridges the gap between what we call “Main Street” (where we all are) and “Wall Street”. On Main Street you will find buyers such as other Doctors, MSOs, DSOs and hospitals. Main Street buyers obtain their funding primarily from banks.
On Wall Street funding comes from Private Equity, Family Offices and other sources. Higher multiples are achieved on Wall Street through group sales or rollups. The multiples paid for practices on Wall Street are exponentially higher than on Main Street and HPS helps you to get there.