Buying a Dental Practice: There is More to it Than Price.

Townie Meeting 2014 Lecture Series
This course is part of Townie Meeting 2014 Lecture Series
Series View Cost: $225
Course Count: 12
Series Credit Cost: +$225
Total Credits: 24
Tim Lott, Buying a Dental Practice: There is More to it Than Price.
Speaker: Tim Lott
CE Credits: 2
Format: MP4 Video
This presentation is designed to educate the prospective buyer on how to approach the financial due diligence aspect of buying a dental practice. You will learn what information you need to look at, h...more
  • 5.0 (5 Reviews)
  • Running Time: 1.5 hours
  • Released: 9/1/2014
  • Expiration Date: 6/30/2025
  • Review Date: 6/30/2022
CE Details
Credit Details
This electronically delivered self-instructional program is designated for 2 hours of CE credit by Farran Media.
AGD Code: 556.

The fee to view this course is $36. This cost includes the fee to take the exam and claim your CE credits.

The fee to view the entire series is $225. There is an additional fee of $225 to take all exams and claim CE credits for this series.

Synopsis:


This presentation is designed to educate the prospective buyer on how to approach the financial due diligence aspect of buying a dental practice. You will learn what information you need to look at, how to piece the information together and how to analyze that information to formulate an offer. You will also learn some of the other aspects of the purchase process so you will be prepared when you locate a practice you want to purchase.


Educational Objectives:
Upon completion of this course, you should be able to:
  • What information they'll need to properly evaluate the opportunity
  • How to assess the asking price
  • How to assess the performance of the practice
  • How to identify the strengths & weakness of the practice and how that impacts price
Description of Speaker:
Tim Lott is a CPA (Certified Public Accountant) and a CVA (Certified Valuation Analyst) as a Partner with Naden/Lean, LLC, a Professional services and CPA firm with a specific concentration in the dental industry. He has worked with dental professionals for 30 years. In addition to traditional CPA services, he advises his clients on practice performance, practice transitions, business finances, personal finances, budgeting and planning. He is the main contributor to the award-winning Dental CPA Blog, which is popular with dentists across the country. During the past 10 years Lott has increased his focus on buyer representation. On almost any given day he is involved in more than a dozen practice transitions (on behalf of buyers) all over the country.

Disclosure:
The speaker declares that neither he nor any member of her family have a financial arrangement or affiliation with any corporate organization offering financial support or grant monies for this continuing dental education program. he does declare that he does have a financial interest in being an accountant to dental professionals.

CE Reviews

Overall

5.0  (5 Total Reviews)
 5 people would recommend this course to a friend.
Instructor spoke clearly and was easy to understand
5.0
Course material was informative, organized, and up to date
5.0
Course objectives were consistent with course as advertised
5.0
Great info
kcdents
User: kcdents
Date: 12/31/2020
Instructor spoke clearly and was easy to understand
5
Course material was informative, organized, and up to date
5
Course objectives were consistent with course as advertised
5
Great speaker and nice guy. Entertaining lecture a
dashdds
User: dashdds
Date: 9/14/2016
Great speaker and nice guy. Entertaining lecture a
dashdds
User: dashdds
Date: 9/14/2016
Very informative
babelle
User: babelle
Date: 6/7/2016
Very informative
babelle
User: babelle
Date: 6/7/2016
CE Policies
American Dental Association (ADA), Continuing Education Recognition Program (CERP) provider
Farran Media is an ADA CERP Recognized Provider. ADA CERP is a service of the American Dental Association to assist dental professionals in identifying quality providers of continuing dental education. ADA CERP does not approve or endorse individual courses or instructors, nor does it imply acceptance of credit hours by boards of dentistry. Concerns or complaints about a CE provider may be directed to the provider or to ADA CERP at https://ccepr.ada.org. For any questions, please contact Nareg Apelian, DMD, Director of Continuing Education at nareg@farranmedia.com.
American General Dentistry (AGD), Program Approval for Continuing Education (PACE) approved, FAGD / MAGD Credit Farran Media is a nationally approved PACE Program Provider by the Academy of General Dentistry. Approval does not imply acceptance by any regulatory authority or AGD endorsement. The current term of approval extends from 1/1/2023 to 12/31/2026. Provider ID# 304396
This activity meets the educational criteria required for verifiable Continuing Professional Development under the General Dental Council Lifelong Learning scheme and represents 2 hours of verifiable CPD.

Legal Disclaimer:
The CE provider (Farran Media) uses reasonable care in selecting and providing content that is accurate. The CE provider, however, does not independently verify the content or materials. The CE provider does not represent that the instructional materials are error-free or that the content or materials are comprehensive. Any opinions expressed in the materials are those of the author of the materials and not the CE provider. Completing one or more continuing education courses does not provide sufficient information to qualify the participant as an expert in the field related to the course topic or in any specific technique or procedure. The instructional materials are intended to supplement, but are not a substitute for, the knowledge, expertise, skill and judgment of a trained health care professional.

Licensure:
Continuing education credits issued for completion of online CE courses may not apply toward license renewal in all licensing jurisdictions. It is the responsibility of each registrant to verify the CE requirements of his/her licensing or regulatory agency.

State CE Requirements:
Click Here for CE requirements by state. Please note that this information is current as of the time of listing. This information is subject to change at any time from the state boards. For the most up-to-date information, please contact your state board directly.

Refund Policy
There are no refunds for Online CE courses. Please contact technical support if you run into technical difficulty.

CE Contact
For any questions, please contact Nareg Apelian, DMD, Director of Continuing Education at nareg@farranmedia.com
To reap the full benefits of this CE course, the presenters (Howie Horrocks and Mark Dilatush) have agreed to create a marketing plan specifically tailored to your practice and your specific market area. Having your marketing plan printed and open while you view the course material, will greatly individualize your learning experience.
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