5 things to look for when buying an established practice

Many doctors look at setting up their own practice, but few consider the option of buying into an established practice, says a leading medical finance specialist.

Paul Freeman, who heads up Medfin Finance, a subsiduary of NAB Health, says that established practices can sometimes be more financially suitable.

“They generally come with an existing customer base, have all required staff on hand and all the equipment needed for your business,” he says. “Having all this set up means less time and capital spent setting up your practice.”

But he says are a