Practice financing options for small to mid-sized medical practices.

ABSTRACT

In today's competitive marketplace, finding and using capital in the most effective manner can help bring greater economic success to medical practices. This article focuses on the most common capital needs of practices ranging in size from solo practices to 25 physicians--practice acquisition, real estate, operating cash needs, and medical equipment--and the types of capital providers for these size practices--health care financing firms, banks, and equipment leasing companies. Interviews with various capital finding providers and various research information, including a 1998 study commissioned by AMA Solutions, Inc. (a subsidiary of the American Medical Association) form the basis for the information provided.