How to Survive, Succeed and Grow
Led by CT MGMA in collaboration with the DE MGMA, MA/RI MGMA, MD MGMA, NY MGMA, PA MGMA, and VA MGMA.
About the Webinar
Planning for physician ownership succession will ensure not only the survivability of the practice, but also continued success and growth. Strategic planning, careful due diligence of recruitment, and continual process management are hallmarks of successful physician transition. In this presentation, you will discover a proven step-by-step practice ownership transition strategy that will not only ensure the survivability of the practice -- but will also position the practice for continued growth and profitability. The best practices, and practical "how-to" ownership transition techniques, explained in this presentation can help you to avoid common, but costly mistakes that quickly turn transition into a financial and legal disaster for both buyer and seller.
Objectives:
- Why it is absolutely critical to start planning for practice transition now, even if ownership transition is still years away.
- How to start thinking about ownership transition -- key issues and considerations -- common mistakes and misconceptions about practice ownership transition that can quickly derail a smooth ownership transition.
- Best practices for partnership structure.
About the Speaker
Nick Hernandez
Founder & CEO, ABISA, LLC
Nick Hernandez, MBA, FACHE, is the CEO and founder of ABISA, a consultancy specializing in strategic healthcare initiatives. Since founding ABISA in 2007, his emphasis has been on developing and maintaining a strong relationship with physicians and identifying areas for business opportunity and support. The company’s client list includes physician groups, hospital systems, healthcare IT organizations, venture capitalists, private equity firms, and hedge fund managers.
Nick is a graduate of the United States Naval Academy and a former Captain in the U.S. Marine Corps. He holds MBA degrees in both Operations Management and Information Technology & E-Business Management from Wake Forest University. He is Board Certified in Healthcare Management and has been named a Fellow of the American College of Healthcare Executives. He is a frequent guest lecturer and is often quoted in the national media. He has consulted with clients in multiple countries and has over 20 years of leadership and operations experience.
* Note: If you have firewall security on your computer, you may encounter trouble as you access the webinar.
Continuing Education Units
Earn up to 1.0 continuing education unit hours for each hour of education from the ACMPE, American College of Medical Practice Executives and up to 1.0 continuing professional educational credit hours for Certified Public Accountants for each hour of education from, The New York State Education Department, Professional Licensing Services. Our events are eligible for continuing education units as awarded by other professional associations. We recommend that you contact your professional association for their approval process.
