With careful financial pre-planning, the firm works to increase medical practice value before sales and mergers, Tinsley Medical Practice Brokers reports.
Austin, TX - April 10, 2017 /MarketersMedia/ —
Doctors often slow down two to four years prior to retirement or sale of their medical practices. “This is not a desirable financial tactic”, says Sean Tinsley, Managing Partner at Tinsley Medical Practice Brokers. “We encourage doctors and physicians to contact us well in advance of their desire to sell, retire or merge. With strategic financial planning, we reposition the practice to enhance value and marketability. This can often make a big difference in a comfortable retirement or second career. We are focused on Texas medical practices. We are headquartered in Texas, and live and raise our families here. The Texas economy continues to be bright. In 2016, Texas was home to five of the fastest-growing cities. What do all those people need? Doctors and medical services,” said Tinsley.
Hospitals are eager to acquire existing medial practices with solid patient bases. However, there can be a lack of monetary value when selling a physician practice to a hospital when compared to physician-to-physician sales. Physician-to-physician sales can be custom tailored to a buyer and a particular market.
Each medical practice is unique. With decades of experience assisting physicians with medical CPA services, physician financial planning and physician business development, Tinsley Medical Practice brokers has the eye to identify hidden value and marketability.
Doctors can often stay on as W-2 employees with respectable salaries during and after a transition. The introduction of ancillary medical services can broadly increase revenue streams. These services are tailored to the specific medical specialty. Overhead has often been neglected and costs have escalated over time. These are all areas that contain hidden value. Revenue enhancement, value-added services and tax consequences can alter outcomes either positively or negatively. Tinsley assists physicians and medical practice groups in making the most beneficial financial decisions based on the current and projected financial position of the medical practice and the desired goals of the physician owners and/or medical equity groups.
As detailed at the company's website, Tinsley Medical Practice Brokers provides a full range of medical practice management services that cover every financial and business management detail related to owning, operating, investing, financing, managing, buying and selling a medical practice in Texas. Interested parties can click here to learn more about services offered by Tinsley Medical Practice Brokers.
Tinsley Medical Practice Brokers provides comprehensive financial and practice management solutions for the Texas medical practice industry including medical practice brokerage, medical practice appraisal, healthcare practice business development, medical practice performance consulting, Texas medical practice financing solutions and physician financial planning for sole practitioners, group medical practices and medical equity investor groups.
“Our years of experience and our extensive pre- and post-transaction planning services is what sets us apart from other medical practice brokerage firms,” Tinsley explained. “Not only do we provide comprehensive Texas medical practice brokerage and Texas medical practice valuation services, we also assist buyers with how to buy a Texas medical practice, how to sell a Texas medical practice, acquisitions, buy-ins, partnerships, mergers, medical practice transitions, physician income, practice revenue and medical practice overhead management strategies.”
Key areas of focus when seeking to increase practice value include physician income, medical practice revenue and healthcare practice overhead. The seasoned team at Tinsley Medical Practice Brokers quickly helps to identify those areas in medical practice operations that can be improved.
Pre-transaction services provide a projected timeline and a comprehensive financial plan for acquisition, transition, expansion, merge, sale and/or retirement. Post-transaction services help create efficiency and set new service and delivery standards. Whether before a sale or after an acquisition, Tinsley Medical Practice Brokers' unique medical practice consulting pre- and post-planning services utilize specific strategies to the specific medical practice specialty aimed at achieving goals quickly and efficiently.
For more information about Tinsley Medical Practice Brokers, go to the company website located at https://tinsleymedicalpracticebrokers.com.
About Tinsley Medical Practice Brokers:
Tinsley Medical Practice Brokers helps physician owners and buyers maximize the value and performance of medical practices nationwide. Specializing in Texas medical practices, Tinsley offers a full range of pre-, post-, and sale-oriented services including Texas medical practice brokerage, medical practice valuation, medical practice performance consulting, Texas medical practice financing solutions, physician tax consulting, and physician financial planning.
Contact Info:
Name: Sean Tinsley
Organization: Tinsley Medical Practice Brokers
Address: 9600 Escarpment Blvd, Ste 745-228 Austin, TX 78749-1982
Phone: 512-659-0643, Toll-Free: 855-222-8311
For more information, please visit https://tinsleymedicalpracticebrokers.com
Source: MarketersMedia
Release ID: 184822
