When selling your specialty physician practice, you face a choice: a joint venture (JV) with a split ownership structure (often 60/40 or 70/30), sharing future profits, or a full buyout, where a group acquires 100% and you share in no future gains. A JV keeps you invested—30-40% ownership means you benefit from growth, like increased patient volume or new locations, while the larger partner (60-70%) provides resources like administrative, tech and marketing support. In 2024, joint ventures in healthcare rose 15% as doctors sought ongoing upside instead of working for profits that are no longer theirs.
A full buyout, however, offers immediate liquidity, deal for retiring baby boomers wanting a clean exit, while young founders might miss out on future growth. Choose based on your goals: long-term gains or a quick payout. Large buyers come in many shapes and sizes. Choose an advisor who can help you structure a deal around your desires. Reach out for a free valuation.
Exit Tip of the Day: Partnering with the right group can generate additional cash via stock appreciation from growth of the greater group. Who you partner with is more important than the headline valuation number.
Cheers!
Jordan Barrett
Founder | Healthcare Transaction Professionals
Healthcare & Real Estate Transaction Services
(214) 888-6560 | jordan@healthcaretxprofessionals.com
www.healthcaretxprofessionals.com
