Skip to page content
MedVanta
Main Navigation
  • Our Solutions
    • Finance
    • Human Resources
    • Revenue Cycle
    • Technology Services
    • Value-Based Care
    • Athletic / Human Performance Suite
    • Marketing & Communications
    • Compliance
    • Therapy Management Services
    • Payor Contracting
  • FAQ
  • News
  • Careers
  • About
    • Overview
    • Leadership & Team
  • Contact
  • For Providers →

    Efficiently and effectively practice medicine, thrive in value-based care, and stay connected with your patients with the solutions offered by MedVanta.

  • For Employers →

    Reduce healthcare spend, deliver high quality healthcare services, and leverage Digital MSK, Health, and Wellness apps.

  • For Health Plans →

    Leverage our technology and care coordination to lower the risk of costly patient events and improve health outcomes with MedVanta.

  • For Consumers →

    Solutions for your healthcare journey. Locate a care center near you within our network.

  • Our Solutions
    • Finance
    • Human Resources
    • Revenue Cycle
    • Technology Services
    • Value-Based Care
    • Athletic / Human Performance Suite
    • Marketing & Communications
    • Compliance
    • Therapy Management Services
    • Payor Contracting
  • FAQ
  • News
  • Careers
  • About
    • Overview
    • Leadership & Team
  • Contact
  • For Providers →

    Efficiently and effectively practice medicine, thrive in value-based care, and stay connected with your patients with the solutions offered by MedVanta.

  • For Employers →

    Reduce healthcare spend, deliver high quality healthcare services, and leverage Digital MSK, Health, and Wellness apps.

  • For Health Plans →

    Leverage our technology and care coordination to lower the risk of costly patient events and improve health outcomes with MedVanta.

  • For Consumers →

    Solutions for your healthcare journey. Locate a care center near you within our network.

Page Content
Thought Leadership
The MedVanta Press Room
Back to News
Previous Story Next Story

Why You Should Think Twice Before Selling Your Independent MSK Practice

April 30, 2024

Are you considering selling your independent MSK practice? If so, you're not alone. The healthcare industry is constantly evolving. Regulatory changes, shifting patient expectations, and declining reimbursement rates are among the top reasons independent physicians are choosing to sell their private practices. However, before making such a monumental decision, it's crucial to consider the long-term implications including the advantages of maintaining autonomy and the strategies to thrive in an ever-changing industry.

Doctor thinking about selling practice

What are the advantages of an independent practice?

Independence affords orthopedic physicians and MSK practices the freedom to prioritize patient care above all else. By retaining ownership, orthopedic surgeons can maintain control over clinical decisions, ensuring that patients receive personalized treatment tailored to their unique needs. This autonomy fosters a sense of trust and continuity, enhancing patient satisfaction and loyalty.

Furthermore, independent practices have the flexibility to adapt swiftly to industry changes without bureaucratic red tape. Whether implementing new technologies or adopting innovative treatment modalities, autonomy empowers orthopedic surgeons to stay at the forefront of advancements, providing patients with cutting-edge care.

What are some of the concerns facing independent physicians?

While the advantages of independent practice are significant, there are also some legitimate concerns that can lead doctors to consider selling their MSK practices. Here are some of the most common concerns and how you can address them:

Administrative Burden

Running a small business can be time-consuming, especially when it comes to administrative tasks like billing, coding, and insurance credentialing. However, there are a number of solutions available to help you lighten the load. You can utilize a CBO (central billing office) to handle these tasks, freeing you up to focus on what you do best: patient care.

Financial Risk

The financial success of your practice depends on your ability to attract and retain patients. However, there are steps you can take to mitigate this risk. By developing a strong marketing strategy, reputation management plan, building relationships with local referral sources, and providing exceptional patient care, you can position your practice for long-term financial stability.

Work-Life Balance

It's no secret that running an independent practice can be demanding. However, there are ways to achieve a healthy work-life balance. By delegating tasks effectively, building a strong team, streamlining your workflow, and setting clear boundaries, you can ensure that you have time for your personal life outside of the office.

Is there another option?

Yes! By partnering with a proven orthopaedic MSO (Management Service Organization), independent MSK practices can utilize state-of-the-art technology, management resources, and marketing strategies to deliver the scale, efficiencies, and services necessary to thrive in a competitive industry. An MSO can help your medical practice grow and become more competitive—all while you retain ownership and control over your practice. This enables you to focus on what you do best: providing high-quality patient care. Contact us to learn how MedVanta can help your practice.

Contact — Get in Touch

Doctor holding a clipboard

If you’re interested in how MedVanta can partner with you and elevate your private practice, we’d love to explore how we can work together. Please fill out the form and reach out to us today.

By checking this box, I agree to receive text messages from MedVanta. Message frequency varies. Reply STOP to unsubscribe. See our Privacy Policy.

Thank you for your interest in MedVanta. A member of our team will be in touch shortly.

MedVanta
6707 Democracy Blvd, Suite 500, Bethesda, MD 20817
Info@MedVanta.com
(301) 291-5095
LinkedIn
Quick Links
  • Our Solutions
  • FAQ
  • News
  • Careers
  • About
  • Contact
Privacy Policy SMS Privacy Policy
© 2025 MedVanta
Powered by Piszko