Buying A Physical Therapy Practice < 2K 2027 >
Don't just focus on the purchase price. Negotiate the transition period (how long the previous owner stays to help), non-compete clauses, and accounts receivable.
Verify that the practice follows billing regulations, such as the Medicare 8-Minute Rule, to avoid future legal or financial penalties. 📍 Phase 2: Evaluating Value and Growth buying a physical therapy practice
Review at least three years of profit and loss statements, balance sheets, and tax returns. Ensure the practice is consistently profitable and that you can manage any existing debt. Don't just focus on the purchase price
SBA 7(a) loans are often cited as the best option for healthcare practice acquisitions due to their favorable terms. 📍 Phase 2: Evaluating Value and Growth Review
A practice's value isn't just in its current revenue; it’s in its future potential.
Identify where patients come from. Are they referred by local physicians, or does the practice have a strong direct-access marketing strategy?