Nick Hernandez

A brief, focused strategic plan can align staff and drive revenue growth.

Tips on the decision-making process when it comings to buy or selling a practice.

Here are some of the advantages, disadvantages, and considerations for medical practice acquisitions. 

A strategic plan should be a living and breathing document. Here are 10 ways to ensure your plan is a road map to success.

Take time to reassess your personal and professional priorities as well as long-term goals for your practice, then adjust your workload as needed.

A merger or acquisition may look perfect on paper, but it’s the people who ultimately guarantee its success - or failure.

Once the deal is signed on the dotted line, it’s make or break time for merging two medical practices. Here’s how to ensure the acquisition doesn’t fall apart.

Owning a medical practice can be stressful. Here are four ways to help you take back your time and focus on what really matters.

The decision to buy, sell, or merge a medical practice is more complicated than ever, and physician owners must have a clear understanding of the legal structure of the potential transaction.

Physician entrepreneurs need know-how and a strategic vision to run a company. They also need to know what they don’t know so they can fill those critical knowledge gaps.

A thorough valuation can help you position your medical practice as an attractive prospect for potential physicians and investors. It’s also a useful exercise to measure the health of your practice.

In order to be successful, a merger must be followed up with a detailed course of action.

When determining the value of a practice, several factors should be considered, including historical growth, forecasting future performance, and practice size.

Investing a small amount of time in examining business competitors can pay big dividends for practices.

To avoid a transaction failure, practices need to think about integration through every step of the process.

If you are considering merging your practice with another group, make sure you are doing so because it's the right thing to do.

It is important to evaluate whether you want to consolidate your medical practice’s position or find ways to grow.

Why are practices merging with others? Here are five common reasons at what's driving this trend.

Amplifying a practice's vision should be a key goal when developing any messaging strategy, yet many physicians struggle to do this.

Here are some operational steps you should take to ensure your strategic planning process isn't a waste of time.

The first step to strategically plan for your practice is defining the organization's values, community vision, and mission.

Your personality and style shouldn't be the overwhelming consideration when choosing a successor to run your practice.

Practices engaging in strategic planning should look ahead and create a vision of where it wants to be in three to five years.

If you are looking to combine your practice with another, here are some ways to ensure the merger goes off without a hitch.

For independent physician practices, a joint venture may be the best option to gain credibility and expand your resources.

Bringing on a new physician or practice manager can be a stressful process. That's why you should use a recruiter, if you can.

If you are considering selling your practice, you'll have to know the terms and appraisal definitions, as well as how to understand value.

Interested in creating a joint venture agreement with another healthcare entity? Here are some considerations to make.

Too often, two practices merging with another have a misguided sense of why a deal should happen. Is the strategic vision for the agreement valid?

Every single medical practice plan should include various components that will ensure it's enacted properly. Here are a few areas to consider.