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Succession Planning for Ophthalmologists
Succession Planning
 

Conceiving what will happen to your practice when you take a planned retirement or an unplanned absence from the practice should be part of your overall strategic planning document. It's a difficult paradox to accept, but any successful growth and development efforts can actually make your practice less marketable (less affordable by a successor physician, or more dependent on your unique energies and skills.)

Traditionally, succession planning has involved building a larger base of partner-providers, whose ages are staged such that the burden of buying out each successive retiree is minimized.

Succession Planning for Ophthalmology Practices

In today's more complex world, succession planning can include an evaluation of competing corporate bids...even to the point of hiring an investment banker to quarterback the brokerage or capital development process.
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