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When Private Practices Close

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I have been asked to post this for someone who wishes not to be identified

We all are aware of the benefits of Private Practices

*But*

When a private practice is NOT succesful

1. What is the impact on the owners? Their families?

2. What happens to the owners after the practice is closed?

3. Do the owners often open another practice?

4. Do owners of closed practices have any " words of wisdom " ?

5. What are the reasons that the practices fail?

6. How pervasive is practice failure in PT?

7. Is it happening more now due to economy? POPTS? Managed Care?

Thanks in advance for your input

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