Selling your dermatology practice is, for most physicians, a once-in-a-career decision.
Ellis and Associates helps you understand the full breadth and depth of your options and prepare your practice for market, so you can confidently go through the sale process with clarity.
Our firm supports owners through valuation, buyer outreach, negotiations and closing.
A successful dermatology practice sale requires going beyond finding the right buyers. It takes a deep understanding of your goals, significant preparation when done right, positioning, and a clear understanding of each buyer’s capabilities, trajectory and acquisition profile, including how they value your cosmetic mix, Mohs and pathology services, and mid-level leverage. Our dedicated team covers all these bases, and understands the worth of the practice to provide you with the leverage you need.
We review your financial performance, payer and cash-pay mix, operational strength, patient demand, positioning and growth opportunities. That helps owners see their practice the way buyers will before entering the market. We think the old adage, measure twice, cut once, applies well here.
Everything from the right buyer universe, the right positioning and the right highly-orchestrated sale process must be managed carefully to sell a dermatology practice. Our dedicated team does this on a bespoke basis for you, built on decades of experience, pattern recognition and a track record of success.
It involves more than finding buyers. Every dermatology practice has unique value drivers, from cosmetic and aesthetic revenue to Mohs surgery, dermatopathology, and provider productivity. Get a clear understanding of what makes a dermatology practice valuable.
Someone who speaks the same language as both doctors and buyers is essential here.
The process is managed discreetly to protect staff, patients, and referral relationships.
Research shows practices who have professional representation achieve valuations 10-40% higher than without representation. At these levels, after paying the fees for professional representation, the selling doctor(s) keep more proceeds than they would on their own. And that’s just on economics. Risk protection, quality of life and all of the other important aspects of the doctor(s) post-close period typically materially benefit too.
A dermatology practice sales firm helps review price, deal structure, transition terms, rollover equity, and post-sale obligations.
Physicians looking to sell their cosmetic dermatology practice need to consider life goals, financial goals, brand, and patient continuity. Our team helps owners prepare the practice for sale, evaluate buyers, and manage negotiations with a deft touch, protecting the cash-pay franchise you have built.
We have decades of top-quality experience managing medical practice transactions to give you a competitive edge. We understand how buyers think and how sellers can squander their opportunity without the right preparation.
Know the best time to prepare for sale before contacting buyers. Obtain a top-quality (this matters greatly) practice valuation to get a clear view of what you are likely to receive for selling your practice. Identify the steps to improve your value before transaction time, from payer mix to provider leverage and ancillary services. Run a competitive, high-caliber, professionally-orchestrated process.
Yes. Many dermatologists stay involved after closing through an employment agreement, transition role, or equity partnership, and are often required to do so by the buyer. Buyers typically desire 3-5 year stay periods, these can be negotiated and do impact valuation.