Synergy Business Brokers has a reputation built up over 20 years of selling healthcare businesses. So, if you are interested in selling your virtual medicine practice or remote healthcare provider, we can help you. We offer a free, no-cost confidential consultation. We’ll discuss your goals and learn more about your business so that we can provide you with an estimate of the value of your telehealth business.
We have won awards for being the top virtual business broker in the country. Our database of 40,000 potential buyers comprises private equity groups, public healthcare companies, virtual medicine entrepreneurs, and regional healthcare businesses. We take pride in optimizing the purchase price of your virtual medicine business and finding the right buyer who can leverage the remote healthcare business that you have built over the years. Someone who will take care of your employees and patients.
Virtual Healthcare is growing rapidly; some companies are worth over $1 Billion in this space. While few virtual medicine practices will reach these lofty heights, smaller businesses are also in demand. Synergy Business Brokers can provide you with a valuation for your business and let you know if we are the right Business Broker to handle the sale of your firm. We specialize in selling healthcare businesses with annual revenues of $700,000 to $70 Million.
Also desirable are companies that offer in-person healthcare with the option of virtual medicine, thereby providing the patient with options. There are many options for providing healthcare via video including primary care, diagnostics, medicine management, mental and behavioral health counseling, surgical follow-up, off-site medical specialist consultations, and more.
Patients often prefer the convenience of receiving in-home medical advice that telehealth solutions can provide. Most insurance benefits now cover virtual health care as an option to a face-to-face doctor-patient meeting. In some cases, the doctor can do follow-up consultations via chat, email, or other digital health care. Many medical devices can now be equipped to send alerts and notifications to doctors to provide real-time feedback for a patient being monitored remotely. Some concierge medical practices combine in-home visits with virtual visits.
We have many M&A opportunities within the remote medical equipment industry, with private equity firms focused on acquiring companies in the medical device technology sector. Also in demand are companies with profitable business models for a high-quality virtual care service, such as urgent care or long-term health services. Synergy Business Brokers takes a customized view to market every business in the virtual healthcare industry. We protect your confidentiality by requiring all prospective buyers to sign a confidentiality agreement before we release the details of your company.
There is no fee for our services until your business is sold, so we are selective in taking on the right clients that we feel comfortable in selling their company at a price that they will be happy with. The market is hot for selling telemedicine companies but the pricing expectations need to be in line with what buyers are willing to pay for the business. We’ll let you know before we begin where we think the market is for your company.
The good news is that once we begin an assignment, we always have plenty of potential buyers. Our job becomes narrowing these down to the ones who are most qualified and likely to give you the best offer. We become educated on the details of your business so we can answer buyers’ preliminary questions and only introduce them to you once we have a buyer who is a good fit.
From there, you can answer each other’s questions to make sure there is a fit in going to the next step, which would be for the buyer to make an offer. We usually get multiple offers, and we can help you evaluate not only the price of the offer but also the terms and conditions, which can make a difference in your overall payout. Once you have an accepted offer, you go to due diligence and the negotiation of a purchase and sale agreement. We’ll be there to guide you through the process and overcome differences that can occur during this phase of the business sale process.
Our goals are aligned with your goals. We get paid based on your sale price, so we will maximize the value of your business. With our understanding and experience in the healthcare industry, we know how to position your business to the right buyers to get interest and deal activity that leads to a successful closing.
If you have any inquiries about our services for virtual healthcare businesses, feel free to schedule a confidential appointment with us or complete the form on this page.