Business
You may have noticed over the past few years that your local doctor has joined a larger medical group or a hospital system. Why did that happen? As a physician, or as an advisor to a healthcare practice, you may be considering selling a practice as a retirement plan or way to increase reimbursements and decrease expenses. In this episode I speak with Daniel Brunello, a Director in the Bernstein Wealth Strategies Group, to learn more about consolidation in the healthcare industry. We discuss who the top buyers of healthcare practices are and what motivates them. Daniel covers strategies for handling the real estate associated with a practice and the best way to prepare the business to maximize sale price. We also give our top tip for physicians trying to save for retirement who are not considering selling their practice. With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s). AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this podcast. This podcast is for informational purposes only and does not constitute investment advice. AllianceBernstein L.P. does not provide tax, legal or accounting advice. It does not take an investor’s personal investment objectives or financial situation into account; investors should discuss their individual circumstances with appropriate professionals before making any decisions. This information should not be construed as sales or marketing material or an offer or solicitation for the purchase or sale of any financial instrument, product or service sponsored by AllianceBernstein or its affiliates.