Trusted Advice for Physicians

Our team at Keene Advisors has helped hundreds of executives, founders and business owners execute mergers and acquisitions (M&A), sales and divestitures, capital raising, and turnaround transactions, as well as evaluate strategies to accelerate growth. We have deep experience helping physician practices navigate a broad range of corporate finance and strategic matters. As a certified Benefit Corporation, we are committed to providing you with outstanding advice and service and we are relentless in pursuit of your success.

Our team leverages decades of experience as investment bankers, consultants, corporate executives and Board members to help you make smart decisions for your practice with confidence. Whether you are considering a merger & acquisition transaction, a sale transaction, raising capital, or are curious about how much your practice is worth, we can help. We have intimate knowledge of many of the key factors that influence the valuations of physician groups and are key to any successful transaction, including:

• Collections by provider

• Current Procedural Technology (CPT) code trends and analysis

• Profitability by office

• Patient visits and revenue by CPT code

• Current and historic payer mix, including reimbursement rates

• EBITDA addbacks, including compensation adjustments, add-backs for non-recurring personal expenses and other non-recurring items, among others

• Employment agreements, including revised compensation for physician owners

• Leases for property owned outside of the practice that will be leased

• Billing and compliance matters

• Among many others

If you would like to speak to experienced financial advisors and strategy consultants that can help you determine the best strategic alternatives to grow your practice organically, develop an M&A strategy, raise capital, or sell your practice, contact us.