To sell or not to sell: Practice independence in light of tax reform
March 31, 2018
By Kevin Schmitt, CPA, CFP® Partner Over the last 5-10 years, hospital systems have made a strong effort to buy up physician practices in hopes of purchasing the physician/patient relationship. In the last five years, the amount of practices for sale escalated but leveled out in 2017. Additionally in 2017, tax reform provided a significant tax
Is your medical practice large enough to have a CEO?
January 31, 2018
By Kevin Schmitt, CPA, CFP® Partner Independent medical practices often grapple with the question: Are we large enough to need or sustain a CEO? As providers of accounting, tax and business planning advisory services for independent medical practices for over 70 years, we’ve frequently helped clients answer this question. We recently sat down with our independent