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Nick Hernandez, MBA, FACHE

Understanding Dermatology Practice Valuations
Business Insider
Understanding Dermatology Practice Valuations
10/05/2020
Practice valuation nomenclature has changed over the years. Practice values used to be referred to as a percentage of collections, but today’s most common reference point is a multiple of earnings before interest,...
Practice valuation nomenclature has changed over the years. Practice values used to be referred to as a percentage of collections, but today’s most common reference point is a multiple of earnings before interest,...
...
10/05/2020
The Dermatologist
Practice Pearls
Professional Organizations Can Benefit Physicians
07/01/2016
Plenty of health care professional organizations exist but are the yearly dues worth it to join?
Plenty of health care professional organizations exist but are the yearly dues worth it to join?
Plenty of health care...
07/01/2016
The Dermatologist
Managing the Post-merger Integration of Dermatology Practices
Business Insider
Managing the Post-merger Integration of Dermatology Practices
06/11/2020
Closing the deal is a major milestone, but the post-merger integration process is where the real value is created. It may be difficult to believe, but the post-merger integration can be even more complicated than...
Closing the deal is a major milestone, but the post-merger integration process is where the real value is created. It may be difficult to believe, but the post-merger integration can be even more complicated than...
...
06/11/2020
The Dermatologist
News
Market Assessment for Medical Practice Competition
12/12/2017
A good competitive analysis is a scouting report of the actual market terrain that your practice must navigate to achieve success.
A good competitive analysis is a scouting report of the actual market terrain that your practice must navigate to achieve success.
A good competitive analysis is a...
12/12/2017
The Dermatologist
Business Insider
Qualities of Successful Dermatology Practice Mergers
11/12/2019
Successful practice mergers do not happen overnight—they require careful planning from both sides before any papers are finalized. Considering integration throughout the process is critical to avoid failure.
Successful practice mergers do not happen overnight—they require careful planning from both sides before any papers are finalized. Considering integration throughout the process is critical to avoid failure.
Successful practice mergers do...
11/12/2019
The Dermatologist
Seven Reasons to Create Physician Partnerships
08/16/2017
Although your practice may be doing fine now, there may come a time when bringing in a partner could make sense.  
Although your practice may be doing fine now, there may come a time when bringing in a partner could make sense.  
Although your practice may be...
08/16/2017
The Dermatologist
Business Insider
Valuations of Dermatology Practices
03/01/2019
One of the first, and most complex, steps in selling your practice is determining how much it is worth.
One of the first, and most complex, steps in selling your practice is determining how much it is worth.
One of the first, and most...
03/01/2019
The Dermatologist
Strategic Planning: A Must for Dermatology Practices
05/31/2017
These plans are expressions of a physician owner’s dreams and visions of successful results.  
These plans are expressions of a physician owner’s dreams and visions of successful results.  
These plans are expressions of a...
05/31/2017
The Dermatologist
Three Ways Medical Practices Can Budget Smart
03/23/2017
A business budget enables a medical prctice to plan ahead, prioritize allocation of funds, and gauge whther financial predictions are being met.
A business budget enables a medical prctice to plan ahead, prioritize allocation of funds, and gauge whther financial predictions are being met.
A business budget enables a...
03/23/2017
The Dermatologist
Developing A Strategic Plan
02/15/2017
Strategic planning is the process by which practice leaders determine what the practice intends to be in the future and how it will get there.
Strategic planning is the process by which practice leaders determine what the practice intends to be in the future and how it will get there.
Strategic planning is the...
02/15/2017
The Dermatologist

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