The asset value of a practice is of major importance when considering an associate, a partnership, a merger, the sale of a practice, personal tax and estate planning, divorce, or as a measurement of increasing or decreasing economic value. Negotiation of suitable terms for the involved parties, focusing on financial arrangements, accounts receivable, and maximizing patient retention through bilateral cooperation. Personal experience and his MBA education have provided Dr. Wiser with the requisite expertise for the formation of professional mergers, associations, and partnerships which are equitable and beneficial for the participating professionals.
Revenue enhancement is equally desirable.
Careful analysis of the internal operations of a practice is necessary for optimum results. Imagine the benefits to your practice of an increase in profitability through the implementation of more efficient overhead management techniques. Quite often compensation policies, staff education, task assignments, and interpersonal communications present serious management obstacles for health care practitioners. Pertinent applications of sound management philosophy will increase office harmony and staff retention. Prudent investment for the education of your children effective retirement planning, efficient tax and estate management, and a generally enhanced lifestyle for you and your family can be achieved with the application of conservative and time-tested financial principles.