You will understand your practice’s value, learn of any areas for improvement, and set realistic expectations for a potential sale, including whether now is a good time or if waiting a bit could make sense.
PGP will consider a combination of qualitative, quantitative and practice makeup characteristics, such as financial performance, geographic profile, current standing in your local market, overall M&A market conditions, and the go-forward growth potential. In aggregation, this helps us provide you an understanding of your practice’s true value.
PGP maintains close relationships and regular contact with the strategic and financial buyers who invest in physician practices. If/when you decide this is an avenue worth exploring, the transaction process we embark upon ensures your practice receives multiple offers, allowing us to help you choose a partner based on cultural fit and shared vision/alignment, not just on economics. On average, our clients receive multiple offers to the table, and the vast majority of our sellers increase their initial offers by 30%+.
PGP has advised 60+ independent physician groups since 2018, more than any other M&A Advisory firm serving the healthcare sector, and Physician Services is 100% of our time and focus. Through dozens of transactions, our senior leadership team has experience negotiating the best possible terms for clients, and the entire PGP team acts as an extension of your own team, advocating on your behalf and ensuring no stone gets left unturned. Having a seasoned professional healthcare investment banking team on your side is imperative to ensure you achieve the best outcome.
The timeline for a transaction process all depends. If your group is early in the process and you have new doctors who are ramping up production, it could be 8-12 months. However, most transaction processes for our clients are completed within 4-6 months.