Physical therapy practice consolidation has reshaped the outpatient physical therapy industry over the past decade. Corporate consolidators and private equity-backed platforms have acquired thousands of physical therapy practices, fundamentally changing the buyer landscape, methodology, and operational expectations practice owners encounter when planning transitions. This article walks through how the consolidation trends are reshaping the industry
Dermatology practice succession planning involves navigating cosmetic-medical revenue mix considerations, active private equity acquisition activity in the cosmetic dermatology segment, methodology specifically calibrated to dermatology economics, and multi-year preparation horizons that align with the operational changes that improve transition outcomes. This article walks through how dermatology practice owners approach succession planning in the current consolidation
Med spa exit strategy planning requires understanding the aesthetic industry consolidation expanding rapidly across the United States, the role of membership program revenue in shaping valuations, treatment mix considerations specific to medical aesthetics, and the multi-year preparation horizons that produce strong exit outcomes. This article walks through how med spa owners plan exit strategies in
Patient or client base composition, concentration, retention patterns, and demographic factors drive practice valuation across all methodology approaches. The patient base represents the underlying revenue substrate the practice operates on; buyers evaluate its quality and durability carefully because forward revenue projections depend on patient base characteristics. This article walks through how patient base factors shape
Lease terms shape practice valuation outputs at the diligence tier across most professional service industries. Remaining term length, renewal options, assignability provisions, and rent escalation structures all surface during transaction work and affect both buyer interest and applicable multiples. This article walks through how lease structure affects practice valuation and what lease characteristics produce premium
Owner dependence represents the single largest hidden valuation risk most professional service practice owners carry. The risk operates through multiple mechanisms — multiple compression, transition complications, post-sale performance variance, and structural buyer skepticism. This article walks through how owner dependence affects practice valuation and what operational changes reduce the dependence risk. What Owner Dependence Means