Physicians Who Join Early Own a Larger Share
UPA is open to new membership now. The first physicians to join have an opportunity to become Founding Members.
UPA is poised to begin its initial public marketing campaign, officially seeking new membership. Every member has the opportunity to be an owner, but UPA recognizes that the first members who join play a special role in building the company. These are the UPA "Founding Members" and deserve to be rewarded as the company grows - the earlier your membership, the greater your reward with the the company's success. The first 200 members who choose the Equity Option will be the UPA "Founding Members." Founding Members will receive an option to purchase equity for $1/share when UPA reaches 200 members. As long as this paragraph remains on UPA's website, we encourage you to become a Founding Member.
What is the value of ownership in UPA?
The primary initial benefit of ownership is that you become an equity owner at the ground level. All members will experience the benefits delineated under the "Membership Benefits" section of this website; but only the first 200 physicians will have an equity option to buy in at $1/share. At some (as yet to be determined) point after 200 physicians, one of the principles of UPA will continue - that every physician member who desires will have periodic opportunities to buy in. When subsequent physicians buy in, UPA will be appraised. That appraisal will likely result in a greater than $1/share price. When subsequent physicians buy in and a greater number of shares are issued, the percentage value of the company that each antecedent share represents will be diluted. The funds which will be received by the company at the time of subsequent buy-ins will be distributed to the physicians whose shares are diluted in direct proportion to the number of shares they own. Hence, like any investment, the value of the share you purchased originally (at $1/share) may increase. (And as with anything provided with value, there may be individual tax consequences that each individual member will need to evaluate.)
As UPA grows, the organization will grow in influence, recognition, and revenue. As a founding member, you will have a greater opportunity to guide UPA during its development.
Third, in the event UPA distributes profits to its members, you will be entitled to your share of the profits. (Please note however - UPA is not structured such that we expect short term profit distributions. The vast majority of the revenue generated will be distributed to the physicians who do their medical work.)
Read More about our Philosophy of Equity Membership