Practice agreements vital to avoid messy, and pricey, exit strategies

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Practice agreements vital to avoid messy, and pricey, exit strategies

Business deal

Dear Aunt MASie

Flowers
Dealing with unplanned exits is less disruptive with a pre-agreed practice strategy

One of the GP principals in our group practice is unwell and it’s looking like he will need to stop practising. We are very sympathetic to his situation but would like to have a say in who buys into the group. What options do we have to approve the buyer of his practice?

Worried well, Auckland

Without a formal agreement, you may retain different memories of discussions and agreements reached some time ago One of the GP principals in our