7c. How to buy a practice as a millennial
Tracks
Stream 3
| Sunday, May 24, 2026 |
| 13:15 - 14:00 |
Details
By the end of this session, participants will understand the key steps, challenges, and opportunities involved in becoming a practice owner. They will be able to assess their readiness for ownership, identify suitable practices for purchase, and apply effective negotiation and leadership strategies to ensure a smooth transition. Attendees will gain insight into building a positive team culture, leveraging technology for growth, and adopting a mindset of innovation and continual improvement — empowering millennial doctors to confidently step into ownership and shape the future of general practice.
Key topics includes: - A New Generation of Owners. Explore the current landscape of private practice ownership and why it remains a powerful pathway for autonomy and impact. Understand how millennials bring fresh perspectives, adaptability, and innovation to the business of healthcare. - Assessing Your Readiness. Examine what it takes to be prepared—financially, mentally, and professionally. Define your goals around lifestyle, patient care, and growth, and recognise the importance of skills beyond medicine: leadership, management, and business acumen. - Choosing the Right Practice. Learn how to evaluate opportunities based on location, patient base, financial performance, and staff culture. Identify growth potential and spot the red flags that could signal risk. - Negotiating and Buying the Practice. Understand the process of due diligence—legal, financial, and operational. Explore deal structures, financing options suited to younger doctors, and the value of mentors, brokers, and advisors. - Culture, Team, and Leadership. Discover how to retain staff, earn trust, and lead effectively as a new owner. See how a strong culture creates long-term stability. - Technology and Modern Management. Use digital tools, marketing, and patient engagement strategies to build efficiency and future-proof your practice.
Key topics includes: - A New Generation of Owners. Explore the current landscape of private practice ownership and why it remains a powerful pathway for autonomy and impact. Understand how millennials bring fresh perspectives, adaptability, and innovation to the business of healthcare. - Assessing Your Readiness. Examine what it takes to be prepared—financially, mentally, and professionally. Define your goals around lifestyle, patient care, and growth, and recognise the importance of skills beyond medicine: leadership, management, and business acumen. - Choosing the Right Practice. Learn how to evaluate opportunities based on location, patient base, financial performance, and staff culture. Identify growth potential and spot the red flags that could signal risk. - Negotiating and Buying the Practice. Understand the process of due diligence—legal, financial, and operational. Explore deal structures, financing options suited to younger doctors, and the value of mentors, brokers, and advisors. - Culture, Team, and Leadership. Discover how to retain staff, earn trust, and lead effectively as a new owner. See how a strong culture creates long-term stability. - Technology and Modern Management. Use digital tools, marketing, and patient engagement strategies to build efficiency and future-proof your practice.
Speaker
Dr Jonathan (Casey) Going
Director
MBSPro
How to buy a practice as a millennial
13:15 - 14:00Biography
Dr Casey Going is an Australian General Practitioner, practice owner, and healthcare entrepreneur based in regional Queensland. He is the co-director of Condamine Medical Centre and works across both community general practice and hospital settings. Dr Going holds Fellowship with the Royal Australian College of General Practitioners and has completed a Master of Business Administration and a Master of Internal Medicine, reflecting his strong interest in both clinical excellence and health service leadership.
He is the founder of MBSPro and a senior educator with Business for Doctors, where he focuses on ethical Medicare Benefits Schedule optimisation, practice sustainability, and improving access to care in disadvantaged communities. Dr Going regularly delivers education to GPs, registrars, and practice owners on billing compliance, workflow efficiency, and the responsible use of AI in healthcare. He is also actively involved in registrar supervision and rural workforce development.
