At CLEMENS, we also advise other healthcare professionals, such as veterinarians, podiatrists, etc.

The first step in the process is usually the negotiation and agreement of the purchase price, possibly with the assistance of an accountant or lawyer.

However, there are a number of other issues that should be agreed at the same time so that there is a common understanding of the overall framework for the transfer.

This includes:

  • Time of taking over the clinic or practice
  • The valuation of any inventory and the principles behind it
  • Entry into tenancy or ownership of real estate and the principles thereof
  • Employee management
  • The scope of the transfer in general; including whether there are assets that are not to be transferred to the buyer, or ongoing agreements that the buyer does not wish to enter into
  • Any restrictions on competition for the seller
  • The breakdown of costs for drafting agreements, including who drafts which agreements
  • It is also important to determine the ownership structure, including whether a buyer should set up in the corporate tax regime or via a company

Once the terms of the practice or clinic transfer have been negotiated and the transfer agreement is agreed upon, the transfer agreement can be signed.

In the time between the signing of the transfer agreement and the transfer date, the conditions to be fulfilled are clarified, which typically include

  • Clarification of the relevant authorization in the form of a provider number, practice number or similar, depending on the specific healthcare area
  • Entering into a new or joining an existing partnership contract, ownership agreement or cooperation agreement
  • Entering into a new or joining an existing lease if the practice or clinic operates from rented premises
  • Dialogue with credit institution and/or bank if the practice or clinic owns the practice property and the purchase price is partially rectified by debt assumption

With CLEMENS, you are guaranteed an experienced advisor, so you can feel safe and calm throughout the entire process.

We also advise on the other legal and practical challenges that may arise when running or transferring a clinic or practice.

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