Sell Your Physician Group or Multispecialty Medical Practice

Medical professionals discussing a physician group practice

Are you considering selling a multispecialty medical practice or physician group? A successful sale needs to account for more than the purchase price. Your partners may have different retirement plans, your physicians may want to continue practicing, and your patients depend on continuity of care.

Synergy Business Brokers helps medical practice owners prepare for a sale, connect with qualified buyers, and negotiate terms that reflect their goals. We have sold practices with multiple doctors and practices bringing together several clinical disciplines.

Whether you want to retire, reduce your management responsibilities, or find a buyer to support continued growth, our 15-step confidential sales process explains how we work with you from the initial consultation through closing.

Discuss Selling Your Medical Practice

Read About Medical Practices and Physician Groups We Sold

Medical Center Plus: Multiple Specialties and a Physician Buyer

Medical Center Plus in Alabama brought together doctors and nurse practitioners with various specialties. Its pain-management services included physical therapy, chiropractic care, injections, and other treatments. The practice offered a combination of clinical disciplines rather than relying on a single type of treatment.

Synergy attracted numerous potential buyers and sold the practice to an investment group of physicians for the full asking price. For an owner considering the sale of a multispecialty practice, this is an example of a transaction involving both a varied clinical team and buyers with a medical background.

Read about the Medical Center Plus transaction.

Back to Basics Pediatrics: A Physician Group Owner Preparing to Retire

Back to Basics Pediatrics in McHenry County, Illinois, was a practice with multiple doctors whose owner was ready to retire. Synergy located potential buyers, and the seller chose the best offer. The seller agreed to stay after the sale to help with the transition, and the transaction closed six months after the first contact with Synergy.

This was a single-specialty physician group. Its sale illustrates how a transition arrangement can support an owner’s retirement plans while allowing time for a handover.

Read about the Back to Basics Pediatrics transaction.

Examples of Specialties and Practice Types We Have Sold

Our experience also includes sales of practices providing the services below. Some offered several services, while others focused on a single specialty. Follow the links for guidance on selling these practices or examples of completed transactions:

These are examples of our healthcare sales experience. Read more about healthcare businesses we have sold.

We Have Buyers Interested in Medical Practices and Physician Groups

We have buyers interested in profitable medical practices and physician groups with annual revenue of $700,000 to $250 million or more, including:

Holistic medical practices with multiple providers
Integrative medical practices combining conventional and complementary care
Multilocation physician groups
Multispecialty groups offering several medical specialties
Outpatient medical centers with multiple providers
Primary care groups with specialty services
Single-specialty practices with multiple physicians

A multispecialty practice combines different specialties within one business. A physician group can include several doctors in the same specialty. We consider both, with attention to the practice’s profitability, clinical team, and ability to continue operating through an ownership transition.

Potential buyers can include established healthcare organizations, other medical groups, physician investors, and private equity-backed healthcare companies. We consider a buyer’s financial qualifications, acquisition goals, and proposed role for your physicians when evaluating fit.

What Affects the Value of Your Physician Group?

Two practices with similar revenue can have different values. A buyer needs to understand the earnings the practice can sustain after the sale and the people, systems, and relationships supporting those earnings.

Clinical team and continuity: Which physicians and other providers plan to remain, and how much patient care depends on an owner who wants to retire?
Earnings and physician compensation: How do owner compensation, clinical duties, management responsibilities, and nonrecurring expenses affect ongoing profitability?
Locations and specialty mix: How do individual offices and service lines contribute to revenue, expenses, and growth?
Management and operations: Who handles scheduling, billing, staffing, and day-to-day decisions, and what would change after the sale?
Payer mix and collections: How does the practice collect its revenue, and what do its reimbursement arrangements and accounts receivable show?
Referral relationships and patient demand: How established are the practice’s referral sources and patient base?

We start by reviewing your business and financial information so we can discuss a realistic approach to pricing and presenting the practice. Clear financial reporting across providers, locations, and specialties can help buyers understand what they are acquiring.

Agree on the Owners’ Goals Before Going to Market

Partners do not always want the same outcome. One may want to retire, another may want to keep practicing with less administrative work, and another may want to participate in future growth. Addressing those preferences early helps us identify buyers whose plans are compatible with yours.

We help you compare offers beyond the headline price, including payment terms, transition expectations, and proposed roles for the owners. Your legal, tax, and healthcare advisers should assess the agreements and requirements that apply to your transaction.

Choose a Transition That Fits Your Plans

Depending on the buyer and the needs of the practice, an owner may be able to arrange a shorter handover, continue part time, or remain in a longer-term clinical role. Partners can have different preferences. Discussing those goals early helps clarify which offers and transition arrangements are worth pursuing.

A Confidential Process for Selling Your Medical Practice

Selling a physician group requires careful communication. We work with you to present the opportunity confidentially, qualify interested buyers, and manage the release of detailed business information during the sales process.

Understand your practice and goals. We review your financial information, services, ownership structure, and preferred transition.
Prepare the opportunity for buyers. We explain the practice’s strengths, clinical team, and operating model in a confidential presentation.
Identify and qualify buyers. We seek interested buyers and coordinate confidential discussions about the business.
Compare offers and negotiate terms. We help you evaluate price, buyer qualifications, and the proposed transition.
Support due diligence and closing. We coordinate with you, the buyer, and your advisers as the transaction moves toward completion.

There is no upfront brokerage fee or monthly retainer. Our brokerage fee is paid when your practice sells.

You do not need to decide every detail before an initial conversation. Tell us about your practice, your partners, and what you would like to accomplish. We can help you understand the next steps.

Call 888-750-5950 or request a confidential consultation to discuss selling your multispecialty medical practice or physician group.

Request a Confidential Consultation

Sell Your Multispecialty Medical Practice or Physician Group