Acquiring a dental practice is a significant investment that requires meticulous preparation and informed decision-making. In this comprehensive guide, we delve into the due diligence process, what any buyer would be expecting to see, and how a practice can be best prepared for a pain-free sale. This article is a must-read for dental professionals [...]
As a new owner, completing a dental practice purchase is an exciting venture that requires a successful transition plan from day one. The first step is to ensure a seamless and effective team transition to maintain continuity in patient care and daily operations of the practice. In this blog post, we will explore the [...]
Whether you’re buying or selling, the valuation of a dental practice is highly dependent on the patient roster. The list's health and stability serve as key indicators to determine the value of a practice and its growth potential. This comprehensive guide will explore various techniques to generate an accurate valuation. It will help buyers [...]
Selling dental practices today is not like it was in the past. have been involved in selling dental practices since 1975. Started when I was 23-years old as a second generation dental transaction specialist following my father’s footsteps. For those selling their practice today, it is important to understand that the marketplace is not [...]
Delta Dental, America's largest dental insurance provider, has recently announced it will begin rolling out reduced fees for General Practice Premier providers. On July 1, 2021, Delta Dental will lower its Premier fees for endodontists, oral surgeons and periodontists. Dental CPA Haden Werhan of Thomas Doll in Walnut Creek compared Delta Dental's contracted fees [...]
Serious About Selling your Dental Practice? Don’t Hire an Order Taker! Your dental practice is unique. Your service profile reflects your standard of care, your patient pool has its specific demographics and the payor mix reflects your patient following. However, ultimately how your dental practice should be priced comes down to the following factors: [...]
Selling your dental practice is not going to be easy. Unfortunately, selling dentists do not always make prudent decisions concerning this important event. By identifying common mistakes, you can avoid making them. Here are four of the most common mistakes dentists make when selling a dental practice. No one knows my practice better than [...]
Dental Office Transitions: Passing the Torch to the Next Generation I have been selling dental practices since 1975. I started managing dental office transitions when I was 23. I, and many dental brokers like me, are witnessing more sellers looking for that “perfect” successor while dismissing many of those who walk through the door [...]
