Sell your Medical Practice
Cash out now and earn more than you're currently earning
Cash out now and earn more than you're currently earning
Purple is a private-equity backed consolidator of medical offices. Our business model allows us to buy medical practices at top dollar and pay our selling doctors more than they were previously earning on an annual basis. We utilize a fair and transparent valuation model based on the revenue and net income of your business after deducting the owners' take home pay, perks and benefits.
Purple will manage all administrative matters in your office, such as billing, coding, HR, scheduling, marketing and more, utilizing the same staff that's already in place. Our doctors just focus on the stuff they're best at: providing quality medical care.
Purple offers doctors a path to retirement by unwinding the daily administration and hassles of owning a medical practice. Doctors focus on their passion for quality care and are expected to reduce hours in office over time. In the meantime, replacement doctors can be trained and onboarded to provide a path to retirement without affecting the financial performance of the business.
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