How much is an incumbent GP worth, when they come as part of the deal?

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How much is an incumbent GP worth, when they come as part of the deal?

Dear Aunt MASie

Thursday 15 March 2018, 04:36 PM

Shaun Phelan is the business advisory manager, MAS

Dear Aunt MASie

We are a group practice and we’re looking to purchase the patient-base from a nearby solo practice. As part of the transaction, the current GP owner will continue to provide GP services to his patients from our rooms until he retires in a few years. We’re not sure if we will engage him as a contractor, or employ him for this period. Can you give us an idea of current market rates paid to GPs for both options.

How much for a GP? Wellington

In December 2017, we published our annual GP remuneration survey report for locums and associates, so we can give you a reasonable idea of the market

Business

MAS

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