- Joined
- Oct 22, 2016
- Messages
- 54
- Reaction score
- 8
Hi all
I want to start my own private practice and I fell on something that could be a good deal. Not sure. Need you all advise
A 69y old LCSW have a psychotherapy group that she wants to sell. Her son is struggling with TBI and she wants to retire. She has 10 therapists and they contribute 40% of collections to overhead. She owns 2 buildings; one is 5 rooms and the other is 4 room. Practice seems busy. She mentioned month of June she collected 60K. She has a psychiatrist and ARNP that she pays hourly. Psychiatrist license is used to credential business and also for marketing. She outsources med management cases as her psychiatrist and ARNP work only 5hours each a week
I am interested to purchase practice and buildings. This can be a golden opportunity for me to start with a good case load. What will be some good questions to ask and pitfalls to watch for? Any info appreciated.
I want to start my own private practice and I fell on something that could be a good deal. Not sure. Need you all advise
A 69y old LCSW have a psychotherapy group that she wants to sell. Her son is struggling with TBI and she wants to retire. She has 10 therapists and they contribute 40% of collections to overhead. She owns 2 buildings; one is 5 rooms and the other is 4 room. Practice seems busy. She mentioned month of June she collected 60K. She has a psychiatrist and ARNP that she pays hourly. Psychiatrist license is used to credential business and also for marketing. She outsources med management cases as her psychiatrist and ARNP work only 5hours each a week
I am interested to purchase practice and buildings. This can be a golden opportunity for me to start with a good case load. What will be some good questions to ask and pitfalls to watch for? Any info appreciated.