An Ortho Doc’s Playbook on Selling to Private Equity With Dr. David Hergan - Part 1 [Limitless MD, Episode 157]

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Are you an MD looking to increase your income without sacrificing time and freedom? 

While running your own practice can be financially rewarding, it often comes with long hours and stress. And if your practice grows, so do your responsibilities.

But what if I told you there’s a way to secure your financial future without burning out or feeling like you’ve made a pact with the devil? The world of private equity may be the solution you’re looking for.

In this episode, my guest, Dr. David Hergan, a board-certified orthopedic surgeon and founder of a successful practice in Connecticut, shares his playbook for navigating the private equity landscape. 

He’s a medical professional, entrepreneur, and real estate investor, making him a unique expert in achieving a high-performance lifestyle while balancing multiple roles.

Today, you’ll discover the metrics to assess if your practice is ripe for private equity, learn how to negotiate terms that suit your goals and explore the path to a prosperous future with financial security. 

 

These are some of the topics we cover during our conversation: 

  • How to become a multidisciplinary professional 
  • Why complacency is the worst attitude you could assume
  • Metrics to decide if private equity makes sense for your practice
  • How to engage in private equity the right way

 

Dr. Hergan believes everything unfolds precisely as it should, and his insights will inspire you to take charge of your career and financial well-being. Take advantage of this opportunity to transform your financial and professional life.

“A big killer for us is complacency, right? It’s easy to keep going on the same road and not change, and that’s how we’re kind of hardwired. And, I think, what scares me most is, and what I despise the most, I would say, is two things: inaction, number one, and two, assuming a role of victimhood.” – Dr. Hergan


In This Episode:

01:06 Who is Dr. David Hergan?   

02:06 How to become a multidisciplinary professional   

07:55 What would Dr. Hergan have done differently? 

08:43 Why complacency is the worst attitude you could assume  

11:55 Metrics to decide if private equity makes sense for your practice    

19:22 How to engage in private equity the right way  

22:37 Connect with Dr. Hergan

 

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