Selling your orthopedic practice
Understand how a sale works, who may buy, and what to ask before you sign anything. Orthopedic Surgeon Planning introduces orthopedic surgeons to independent practice brokers, appraisers, and healthcare attorneys.
- Independent professionals
- Free introduction
- You decide who to hire
How do you sell an orthopedic practice?
Selling an orthopedic practice usually involves preparing the practice, obtaining an independent valuation, choosing whether to work with a practice broker, identifying and screening buyers, negotiating a letter of intent, completing due diligence, signing a purchase agreement, and transitioning patients and staff. A healthcare attorney should review every document. Orthopedic Surgeon Planning introduces owners to independent professionals. It does not broker, buy, or list practices.
A sale is a process, not a single conversation
When owners search "sell my orthopedic practice," they often expect a quick answer about price. The more important questions come first: who the likely buyers are, how much patient demand will follow a new owner, what role you want afterward, and how to keep the process confidential from staff and patients.
Selling an orthopedic practice follows the same broad steps as any practice sale, with a few important differences: ASC and real estate interests held in separate entities, ancillary services under Stark law, and buyers that range from platforms to hospitals. An orthopedic practice for sale may draw interest from several buyer types. Remember that orthopedic practice brokers are usually paid by the transaction, so independent counsel matters.
Learning how to sell a medical practice starts with knowing where you stand, so if you are not sure yet, begin with exit readiness.
Steps in a typical orthopedic practice sale
Preparation
Organizing records, contracts, licenses, and compliance documents before going to market.
Independent valuation
An opinion of value from an appraiser with no stake in the sale, as a reference point.
Broker or direct sale
Deciding whether a broker will manage outreach and screening, or whether you will approach buyers directly.
Letter of intent
Key terms, exclusivity, and confidentiality, reviewed by your attorney before you sign.
Questions that shape an orthopedic practice sale
Which buyer fits
A platform, a hospital, a larger group, and internal surgeons will each offer different terms, roles, and levels of independence.
Separate entities
Decide whether ASC shares, real estate, and ancillaries are sold with the practice, separately, or kept.
Ancillary review
Expect detailed questions about imaging, therapy, and DME structure.
Hospital contracts
Call and co-management agreements may need consent or renegotiation.
Frequently asked questions
How do I sell my orthopedic practice?
Most sales follow a similar path: prepare the practice, get an independent valuation, decide whether to use a broker, identify and screen buyers, negotiate a letter of intent, complete due diligence, sign a purchase agreement, and transition patients and staff. A healthcare attorney should review each document along the way.
How long does it take to sell a medical practice?
It varies widely with the practice, the buyer, and the structure. Preparation alone can take months, and due diligence and documentation add more. Ask any broker or attorney for a realistic timeline for your situation. No professional can promise a particular timeline.
Do I need a broker to sell my practice?
Not always. Some owners sell directly to an associate or nearby physician with an attorney and an appraiser. Others prefer a broker to reach a wider group of buyers confidentially. Ask how any broker is paid and whom they represent before engaging them.
What happens to my patients and staff after a sale?
It depends on the agreement. Many buyers keep the team and continue care under the practice name, sometimes with the seller staying on for a period. Record custody, patient notices, and staff employment terms should be addressed in writing, with counsel.
Is selling an orthopedic practice different from selling other practices?
In some ways. Buyers look closely at surgeon depth, ASC and real estate interests, ancillary compliance, and hospital contracts, and separate entities may need separate agreements. The overall path, from preparation and valuation through a letter of intent, diligence, and closing, is similar to other specialties.
Is Orthopedic Surgeon Planning a practice broker?
No. Orthopedic Surgeon Planning is an introduction service. It does not broker, buy, list, or value practices. It connects practice owners with independent practice brokers, appraisers, and healthcare attorneys. The professional you choose works for you directly, explains their own scope and fees up front, and is responsible for the work they deliver. You decide whether to hire them.
More exit planning services
Exit Planning
How orthopedic practice owners plan an exit, from readiness and sale options to succession and transition.
Back to Exit Planning →Exit Readiness Planning
An honest look at how ready your practice, and you, are for a change of ownership.
Explore exit readiness →Selling Your Practice
How an orthopedic practice sale works, who may buy, and what to ask brokers and attorneys.
Explore selling your practice →Private Equity & Partnership Options
How private equity platforms, groups, and partnership structures work, and what to review before you engage.
Explore private equity options →Mergers & Acquisitions
How orthopedic practices combine, acquire, or join other practices, and what a deal team reviews.
Explore mergers & acquisitions →Succession & Partner Buy-In/Buy-Out
Planning a successor, a partner buy-in, or a buyout, with clear terms for everyone involved.
Explore succession & buy-ins →Practice Transition Support
Handing over patients, staff, records, and accounts smoothly after a change of ownership.
Explore transition support →Sell your practice with clear guidance
Take a 2-minute Exit Readiness Check and request an introduction to an independent professional who works with orthopedic practice sales.
Take the 2-minute Exit Readiness Checkor call (972) 616-4581
Orthopedic Surgeon Planning is an introduction service connecting physicians with independent professionals. It does not value, broker, or buy practices. General education, not legal advice.
Please seek professional advice for your specific situation from an independent, qualified professional. View Disclaimer.
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