The context was the sale of various healthcare facilities, deals which, by definition, involve the sale of the business…
Tag: price
Many professionals, from architects to anesthesiologists, from structural engineers to surgeons, make the mistake of focusing solely on developing their skill sets and in delivering those skills to their customers, patients or clients.
Hospitals, especially in their rush to spend money acquiring physician practices in order to participate, were all for the concept of value based care.
Wimpy, the character from the Popeye cartoon series (not just a hungry guy, but a talented economist), famously said, “I’ll gladly pay you Tuesday for a hamburger today.”
A diamond and a rock, sitting side by side. But are they of the same value?
The devil though, is in the details: what’s value to you isn’t value to everyone. And, value is determined by the buyer.
If you were going to sell your house, you’d make sure that it’s put into decent or even prime shape before listing it, right?
Have you ever considered the price that you might pay, as the seller, in a deal?
Price is what you pay. Value is what you get.
Price is what you pay. Value is what you get.