Medical Practices A partner at Gettry Marcus CPA, P.C., a leading accounting, tax, consulting and business valuation firm, reveals reasons why hospitals that are pursuing the acquisition of small medical practices should perform due diligence
WOODBURY, NY / www.myprgenie.com / ACCESSWIRE / May 03, 2014 / Stuart Kertzner, CPA/ABV, CVA, Partner-in-Charge of the Gettry Marcus Health Care Group, was recently published in Healthcare Finance News, where he discussed the importance of due diligence for hospitals looking to acquire small practices. According to Kertzner, there is a growing trend of hospitals that are pursuing the acquisition of small medical practices.
He writes in the article, “Once a hospital and a small practice have completed preliminary discussions, and a decision to pursue a transaction has been made, the due diligence process begins. The hospital will need to analyze several different aspects of the practice before it can determine if a deal should be made, and if a deal is to be made, how it should be structured. The methodology of the transaction could, in part, be dependent on the results of the due diligence performed.”
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SOURCE: Gettry Marcus Health Care Group