Assignment: Healthcare Finance
"How much is my practice worth?" This is a question many physicians, and practice managers will ask themselves at some point in their career.Watch the video "Valuation Considerations in the Healthcare Industry" prior to completing this discussion.WHAT:"2017 09 12 12 02 Valuation Considerations in Healthcare Industry" (Youtube Video)
You have been the practice manager of Rockford Urgent Care for five years. The practice is profitable, but the current physician owner is ready to retire, and sell the practice. He has hired a company to broker the sale. Respond to the following points:
• What information should you begin preparing to aid in a smooth valuation process? (You may use bullet points for clarity).
• Explain the relationship of a practice's income to valuation.
• Explain how your ability to collect from patients will impact a favorable valuation.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.