Exiting Partners from a Practice with Attorney Jason Greis

Listen in as David chats with nationally recognized healthcare attorney Jason Greis about the important and sensitive topic of creating win-win strategies for exiting retiring partners from a medical practice.  Jason begins by describing his firm and practice and then gives some reasons why setting a partner exit pathway is so important for the exiting partners, the practice and younger partners.

Jason then explains what he is seeing in the marketplace in terms of private practice exit plans (or “sunset” plans), why striking a distinct deal for each new exiting physician can be problematic and why starting the exit conversation well in advance of any one partner looking to leave is ideal.

Jason then speaks to how the influx of private equity into healthcare is impacting exit planning and a variety of issues that exit agreements often cover. Finally, Jason covers what is typically involved to incorporate exit plans into the legal documents of a practice and why having a solid exit plan can actually be a practice differentiator for recruitment of younger physicians.

You can find show notes and more information by visiting www.physicianswealthpodcast.com.