Independent medical practices are the backbone of care delivery, but for these organizations, remaining independent is challenging, especially during times of transition. When buying out retiring partners, a clear path to succession is critical to the preservation of a practice’s independence. Traditional methods create challenges such as cash flow interruption and interpersonal conflict. Borrowing money is expensive, and selling to a hospital eradicates the autonomy of the practice.

At MaxWorth, we believe that tax-efficient tactics are key to establishing a better path to succession. Our Practice Transition Strategies ensures that the necessary funds are available to a practice when a retiring partner is ready to step away. Unlike traditional approaches, our program minimizes cash flow interruption, can be more cost-effective than lending programs, and helps secure the independence of the practice for future partners.