When Venture Capital Backs Out

Unfortunately, many medical practices these days are backed by venture capital groups who are only in the healthcare market to maximize profits and streamline efficiency. It is rare that these groups are in your practice for the long haul and if you are a practice owner who is backed by venture capital groups it is important to understand what happens when these groups have maxed out and are ready to move on. Too often we see practices now left stranded without funding to continue their practice once these groups have reached their goals and have moved on. It is important to know what to do in order to pick up where they have left you and try to start your own practice without their backing. VM Practice Consulting can help with valuable resources to be a bridge from their backing out to you starting your own practice. Many times a practice is left without a physical space, equipment, billing and credentialing services when these groups back out. We have the resources to quickly step in and help guide you and your practice back to a self sustaining organization. While these venture capital groups can be a great resource for your practice they often are not in it for the long haul so prepare yourself for what that looks like for you and your practice when they do exit.