Clinic Succession Planning Services
(Selling of clinic practices, Keyman retention, Partners’ buy-sell, Beneficiary pass-on)

Dear Doctor, you have work hard all your life to build up your medical practice. You feel that now it’s time for you to plan for what is going to happen to your clinic practice should you retire or some sudden and unfortunate event happen.

We specialise in Clinic Succession Planning Services in 4 aspects:

1) Are you looking to sell your clinic practice? 

Selling your clinic practice can be a tedious and daunting process. What are the factors to look at when selling your practice? What is the valuation price ? How to identify other selling points of your practice? How to handle the property aspect ? Who are the potential buyers of your practice? How to market your practice to potential buyers? What is the selling process like? We have been in the business of buying and selling clinic practices and premises for 8 years. We will take care of the whole process of selling your practice for you.

2) NOK Beneficiary Pass-on 

You have a doctor son or daughter whom you plan to pass on your practice to him/her when you retire. How to ensure that there will be a smooth transition should an unfortunate event (Death or Permanent Disability) happen to you now? This is especially so as there is high start-up cost, and higher costs based on longer learning curve in clinic operations nowadays.

3) Keyman Retention 

You have a keyman in your current clinic practice. He/she could be your anchor doctor or your trusted Clinic Manager who oversees every aspects of your practice. You wish that the person will take over your practice when you retire. How to ensure that there is smooth passing on of your practice to this key person?

4) Partners’ Buy-sell 

You are with a few partner doctors in your current practice. Should an unfortunate event (Death or Permanent Disability) happens to any of your partners, how to ensure that his/her spouse doesn’t come into the picture and have a hand in running the practice? How to ensure that there will be smooth transition of his/her shares to the remaining partners? Both as clinic succession planners and clinic brokers, we take care of the above 4 scenarios for your clinic.