Vein Management Solutions: Helping Physicians take their Practice to the Next Level

Stephen L Kanaval  |

Vein Management Solutions (“VMS” from here on) helps physicians maximize the financial worth of their vein disease practice. Mark Bower is excellent at discovering opportunities in a business. As the owner of VMS and a licensed CPA since 1986, Bower has been working to help physicians increase the efficiency, effectiveness and net revenue of their practices.

Bower and Associates use strategic planning to assess the areas of strength in a practice and then form a plan that will evolve the practice into a valuable financial asset. Bower has 20 years of experience designing financial and business models for stimulating physician practices.

Bower and VMS worked closely with one of the most hectic vein clinics in the country with extremely positive results. Here is Bower’s breakdown of the results, taken from the company website:

• Grew the practice from one to multiple clinics – from $4m to $15m in revenues – in less than three years. The clinics averaged 50 procedures per week in towns with local populations of around 300,000 people.
• Designed and applied the marketing strategy which grew clinics to the highest volume vein clinics in the country within eighteen months of inception and with no name recognition!
• Designed and issued the Company’s business plan to investment bankers and private equity firms – achieving a market value of $22m!
• Negotiated private equity deals optimizing the value of the Company.
• Ensured the Company had state of the art Compliance Programs, Operations Management and Clinical and Business Procedures in place.

Bower and VMS are great at taking physician practices that can inherently be worth little and turn them into a successfully managed business and a true investment for doctors. VMS comes up with action plans that make it clear on what an owner needs to do to maximize a practices' potential.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

CMX Gold & Silver Corp.

CMX Gold & Silver Corp is an exploration stage company. The Company is engaged in the acquisition, exploration and development of silver and copper/gold properties in the USA.