Transition Consultants develops of an independent service called Medical Practice Appraisers (MPA) dedicated to valuation and appraisal of healthcare practices.
Online PR News – 29-September-2010 – – Transition Consultants has announced the development of an independent service for medical practice valuation and healthcare business appraisal. "We are satisfying a growing need for objective, unbiased valuation analysis in healthcare business transactions," states Chris Majdi, Lead Appraiser at MPA, Certified Healthcare Business Consultant, and Member of the Institute of Business Appraisers.
For over 15 years Transition Consultants has provided full-lifecycle solutions to sellers and buyers of closely-held medical and optometry practices. Clients have ranged in size from small solo practices to multispecialty groups and corporate entities. Majdi attests that the accurate assessment of practice value is crucial to transition planning: "A practice may be a doctor's most valuable asset. Why rely on unsubstantiated rules of thumb, multiples, and inaccurate comparable sales to determine value?"
Having completed hundreds of successful practice sales and financing projects throughout the years, the principals at Transition Consultants long recognized the need for a specialized appraisal service within the industry. When asked what distinguishes MPA from other organizations, principal and 30-year industry veteran Mo Majdi stated: "We hold ourselves to a higher standard. I haven't come across many consultants, brokers, or business appraisers who truly understand the breadth of all medical specialties and the market dynamics which govern them."
MPA has steadily grown its force of practice appraisers and valuation analysts to tackle projects in all national markets. Practice appraisals are used for various purposes including the Sale of a medical practice; Partner buy-in or buy-out; Medical practice merger or consolidation; Practice financing; Divorce, estate, tax, or financial planning; Practice performance evaluation and analysis. Visit the MPA website medicalpracticeappraisal.org for a complimentary consultation.
Medical Practice Appraisers (MPA) is a division of Transition Consultants, a recognized leader in practice financing solutions, healthcare business consulting, and medical practice brokerage. For more information call 800-416-2055 or visit transitionconsultants.com