Practice Focus
Independent primary care, valued for the panel you actually built.
Independent groups, direct primary care, geriatrics, and practices already leaning into value-based contracts. Consolidation in primary care is real and moving fast, which means owners get approached constantly, usually by whoever is loudest, not whoever fits.
What we cover
Segments inside primary care.
Independent group practices
Two to twenty providers, fee-for-service with commercial and Medicare. Panel size and provider productivity anchor the model.
Direct primary care and concierge
Membership revenue is recurring revenue. Retention rate and per-member economics drive the premium.
Value-based and Medicare Advantage
Shared savings, risk contracts, and accurate risk adjustment. Documented performance is worth more than a bigger top line.
What moves the number
Four things buyers underwrite before anything else.
01
Payer contracts
Rates above regional benchmarks, and whether those contracts survive assignment, is one of the first diligence items.
02
Provider retention
Employed physicians and APPs under fair, enforceable agreements protect the panel. Buyers discount hard for key-person risk.
03
Ancillary revenue
In-house labs, imaging, chronic care management, and remote monitoring add margin buyers can underwrite immediately.
04
Ownership structure
Corporate practice of medicine rules shape every deal in this space. Getting the structure right early keeps the process from stalling at LOI.
Who is buying
The acquirers in this segment.
Physician-led platforms, MSO-backed groups, value-based care enablers, payers building provider capacity, and health systems protecting referral flow.
After the close
What the transition looks like.
- Most buyers want you clinically active for two to five years, though a reduced-schedule arrangement is common and negotiable.
- Compensation models get reset at close. We make sure yours and your partners' are on the table before anyone signs an LOI.
- Staff and scheduling usually stay intact; the back office, including billing, credentialing, and contracting, is what the platform absorbs.
One conversation. No listing, no fee, no obligation.
Tell us about the practice. If there is a fit with a buyer we already know, we make one or two introductions. If there isn't, we say so.
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