Step-by-step guidance
From talks to transition
Change can be hard. Even starting a discussion is a major step, involving varying emotions and knowledge that future decisions impact your clinic staff and family. We understand this and are here to support you, at your pace. With over 25 years of experience and a comprehensive, transparent process, let us guide you step-by-step, so you know what to expect at each stage.
Step 1: Initial contact
When you first reach out, you’ll get to know who we are and what we stand for, and work on building a strong, trusting relationship. You'll have an opportunity to connect with former clinic owners, gaining valuable insights from their experiences. We'll provide you with a clear understanding of the process to ensure we're on the same page throughout.
Step 2: Preliminary information gathering
During the preliminary stage, you'll share key information to help us assess the opportunity and fit. We'll discuss the structure of the potential transaction and future opportunities to ensure alignment. After this, you’ll receive a non-binding letter of intent, outlining preliminary terms, so we can all move forward with confidence.
Step 3: Due diligence and planning
As we continue to build our relationship, we’ll conduct a full financial analysis and operational review. This stage involves a thorough assessment of risks and opportunities. Finally, we prepare for the transition, ensuring a smooth and efficient process.
Step 4: Transition
During the transition phase, we’ll lay the foundation for building strong relationships and trust. We focus on important tasks related to transitioning the clinic and staff to Lifemark processes.
Step 5: Integration planning
In addition to education on our core standards, a cross-functional integration plan is developed, outlining timelines and expectations.
Step 6: Integration of standards
We’ll help prepare the clinic to be in a ready state for future initiatives, setting the stage for long-term success.
Let’s start the conversation
Selling your clinic is a significant decision, and we're here to support you every step of the way. Reach out today and start the conversation.