How Do I Sell My Cardiology Medical Practice?
As the population ages, there will be a continued strong demand for Cardiologists. However, there may come a time when you are ready to sell your Cardiology Practice. You may be ready to retire, or perhaps you just don't want the hassle of owning and managing the business.
You have built up expertise in diagnosing and treating heart disease, but when it comes time to sell a cardiology practice, there is a lot to learn. Fortunately, Synergy Business Brokers has years of experience selling Medical Practices, and we can guide you every step of the way.
Medical Practice Business Brokers
The cardiology industry is worth over $50 billion and is expected to continue to grow. This means there are a lot of opportunities when it comes time to sell a cardiologist's practice. But how do we capitalize on these opportunities? Synergy Business Brokers provides you with a free consultation to understand your practice and determine how to market it. We'll also review your financial information and give you a potential asking price. This allows you to determine whether you want to move forward or not. If you do, we will market your business confidentially. We'll contact Hospitals, Private Equity Investors, Wealthy Doctors, and large public and private Healthcare companies. Before we give them the specifics of your business, we'll have them sign a confidentiality agreement and provide us with information on their qualifications. This allows us to narrow down the best buyers for your specific practice. For example, different buyers want different things. You may specialize or emphasize different aspects of cardiology such as:
- medical diagnosis and treatment of congenital heart defects
coronary artery disease- valvular heart disease
- electrophysiology
- Heart Surgery
- Internal Medicine
- Echocardiography
- Cardiac Testing & Diagnosis
- Preventative Cardiology
- Cardiac Catheterization
- Coronary Angioplasty
- Stent Placement
- Coronary Fractional Flow Reserve
- Peripheral Arterial Disease Management
- Varicose Vein diagnosis and management
In addition, some buyers are looking to purchase cardiology practices nationwide, and some are only looking in certain regions. The size of the cardiology practice is another factor. Don't worry; we have over 30,000 potential buyers to find the right buyers for any practice. It does take some time and effort to get the right match, but we work on your behalf to narrow down the buyers to only the best ones that we introduce to you. From there, we solicit offers from the candidates and get your feedback on which ones you are most interested in working with to take over your practice.
We do all of this work with no fee until your practice is sold, ensuring that we are on the same page to get you the right fit that you will feel comfortable with.
Contact a Healthcare Business Broker
Please fill out our online form for a private discussion. We are selective in taking on assignments that we think we can sell, so we'll let you know if we are the right fit or not. We only sell practices that have annual revenue of $700,000 to $70 Million. We have won many major awards as a top Business Broker in the country. Feel free to call us at 888-750-5950.