BSM Consulting is excited to announce we have partnered with VMG Health as of 5/1/23. 
Nature of the Engagement
Dr. Monson, an established surgeon, was ready to move back to his home state and become a practice owner. Specifically, Dr. Monson was looking to purchase a successful practice and ambulatory surgery center (ASC). He reached out to BSM Senior Consultant Dixon Davis for guidance.
"Dixon has made a significant difference to our practice by helping us value, negotiate, and transition the purchase of a new practice and ASC. Access to his industry research, the time saved, and ability to close were of tremendous value. Five stars. I recommend him to everyone."
Dr. Monson
MONSON VISION
Practice Profile
- Owner - Dr. Monson, MD
- Location - Logan, Utah
- Specialty - Ophthalmology
- Practice Size - 10-15 employees
- Owner - Dr. Monson, MD
- Location - Logan, Utah
- Specialty - Ophthalmology
- Practice Size - 10-15 employees
the challenge
Finding a practice and ASC that met Dr. Monson's vision and needs.Purchasing a practice and ASC requires reviewing potential businesses, identifying a fair value for each, negotiating a sale, consulting with attorneys for legal documents, and providing guidance for a successful transition into operations.
our approach
our approach
Evaluate local practices and ASCs to find the perfect match and facilitate a fair sale.
After finding a suitable practice and ASC in Dr. Monson’s target area, Mr. Davis performed a financial and operational analysis. He then negotiated the sale price and favorable contract terms with the current owner and attorneys. Finally, Mr. Davis helped recruit and train a new office manager to assist with the transition and daily operations.
the solution
Dr. Monson successfully purchased a medical practice and ASC at a fair price.
With the help of Mr. Davis, Dr. Monson was able to successfully purchase and assume ownership and operations of an established, successful ophthalmology practice and ASC. Since then, Dr. Monson has experienced continued growth with additional providers and affiliations. Now, Mr. Davis provides Dr. Monson with ongoing support as his practice and ASC continue to grow and expand.