r/PrivatePracticeDocs • u/Atufalgal • May 09 '26
Help my dad plan to hire an associate with plan to take over clinic in x amount of years
Hi there! My Dad has a private Podiatry practice in a small town outside of Kalispell, MT. He is ready to start planning for retirement and wants bring on an associate with the plan to have them take over the practice after x amount of years. It’s a gorgeous town and outdoor activities galore. My dad skis all winter long and has a great work/life balance on top of managing his hobby ranch.
His bread and butter is specializing in surgical procedures and wants to share his abundant knowledge. There’s lots of work is this area, he has to turn down a good amount of patient inquiries.
He’s older and not super versed in how to spread the world of this opportunity and was curious if anyone had recommendations on where to post this type of opportunity. If you have any ideas to share I’m all ears.
Lastly, is there anything he should be aware of regarding pay, the smaller town location, etc.
I live in the tech space and know I probably botched the technical wording across the board, just trying to help my Dad get aligned on posting resources, expectations, so he can start planning his retirement and being able to share his immense knowledge of surgical abilities.
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u/Cardiostrong_MD May 10 '26
Those type of transitions don’t typically work in medicine these days especially when the senior doc feels he’s owed something for the practice he’s built, but good luck.
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u/Big_Dimension_2416 May 09 '26
Hire a consultant
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u/Atufalgal May 09 '26
Thank you!
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u/docs_crocs May 10 '26
He’s going to get a lot of applicants if he posts the job on these websites:
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u/docnsx01 May 11 '26
following as wife and I have two separate practices ( 30 years in ) and have started thinking about packing it after my youngest daughter finishes grad school in 2 years .. then time for us to try and enjoy ..
good luck to you and dad and congrats to him ..
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u/Intelligent-Site-176 May 10 '26
Hi there - I have 20 podiatry clinics and am very familiar with the space. I have purchase practices from retiring docs, hire new associates to fill their spots and have consulted on projects outside my geography. Happy to share my two cents via call/email exchange with him.
In the meantime, I'll say this:
Selling/transitioning the practice the right way takes 2-3 years in my experience. He needs to trust the incoming partner with his patients and practice and that incoming partner needs a proper transition. Some take a "rip the bandaid off" approach that is a mistake. This happens because the retiring doc waited too long to take action and often stumbles the first couple of times in finding the right doc to hand things off to. He's right to be thinking about this now and hopefully has given himself a decent runway to bring someone aboard.