Ron Booth CPA
Founder and Managing Director of Thompson River Advisory
What We Do
Selling your medical practice can be complicated. Thompson River Advisory can help you wade through the details so that you can focus on making the best decision possible for your career, your partners and your families.
Advise Your Board
Many decisions about the future of a medical practice begin at the board level. Thompson River Advisory serves as a trusted advisor to boards contemplating practice ownership transitions.
Identify potential acquirors/partners
With knowledge of the local market and exposure to national acquirors of medical practices, Thompson River Advisory helps identify those firms that may prove to be the best partners for medical practices.
Preparation of Practice for Evaluation
In order to maximize the value of your medical practice, its important that the essential information about your practice is accumulated and presented in a clear, concise manner. Thompson River Advisory’s services include accumulating and organizing your medical practice’s information so that potential acquirors and partners can understand the value proposition of your medical practice.
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Organization of practice information
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Preparation of confidential information memorandum
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Solicitation of potential acquirers
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Coordination of transaction calls and meetings
Management of Due Diligence Process
Once potential partners are identified, they will want to understand your practice better through a due diligence process. During this process, it is important that you have an experienced representative like Thompson River Advisory, fielding questions and providing follow-up answers.
Getting the Best Deal
It is vitally important for medical practices to have an expert on their side when it comes to negotiating purchase and sale agreements and physician employment agreements. While attorneys play an integral part of this process, having an operation-minded advisor leading the negotiations is critical. Thompson River Advisory’s experience in transactions and practice operations sets us apart.
Resources for Physician Owners
Explore expert insights, guides, and industry updates to help you navigate the sale, merger, or partnership of your medical practice with confidence. Stay informed and make strategic decisions with Thompson River Advisory.