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Posted 9/14/2017 by dentalattorney in The Overlooked Basics   |  Comments: 0  |   Views: 35
The Steps Involved in a Practice Transition
The process of a dental practice transition involves several different contracts. Typically, after the practice owner has selected a potential buyer, that buyer will want to obtain financial or operational information about the practice. Before providing a buyer with confidential practice...  Read More
Posted 9/11/2017 by Professional Transition Strategies in Professional Transition Strategies   |  Comments: 0  |   Views: 15
If you are considering selling or transitioning your practice, increasing the value of your practice is, or should be, a priority. It can be difficult to know how or to find the time to make changes at your practice. However, it is very important that you take the time to get your practice and...  Read More
Posted 6/20/2017 by Ellen Dorner in Maximize Your Chances of Selling   |  Comments: 0  |   Views: 30
Planning Your Dental Transition
For many dentists, owning your dental practice consumes the majority of your energy, finances, and professional life. Your practice is more to you than just a profession, its years of blood, sweat, and tears…decades of staff and patient memories. These factors have caused you to form an...  Read More
Posted 4/14/2017 by Ellen Dorner in Maximize Your Chances of Selling   |  Comments: 0  |   Views: 20
Growing Your Dental Practice
Are you looking to grow your dental practice? Perhaps you’re trying to add more patients, create demand for new services, reduce overhead – or all of the above. Many factors outside your control will influence the selling price of your practice, whether it’s next year or five...  Read More
Posted 4/3/2017 by iSynergyCPA in Dental Business & Legal Symposium   |  Comments: 0  |   Views: 26
Synergy Consultants & CPAs is pleased to announce the second annual Dental Business & Legal Symposium. Itinerary: 9CE DAY ONE: STRATEGIES TO CONTROL STAFF COSTS AND BUILD A BONUS SYSTEM--1HR KEY BENCHMARKS FOR A MORE PRODUCTIVE HYGIENE DEPARTMENT--1HR ...  Read More
Posted 3/13/2017 by Ellen Dorner in Maximize Your Chances of Selling   |  Comments: 0  |   Views: 11
Is Your Practice Ready to Start the Transition Process?
When the time comes for you to begin the transition process out of your dental practice, there are two parts to that decision. The first is that you are ready to start the process because you are at a point in your life where you want to do all the things on your bucket list, or you want to at...  Read More
Posted 2/7/2017 by Ellen Dorner in Maximize Your Chances of Selling   |  Comments: 0  |   Views: 8
Transition Pitfalls
You never know when something can happen that will impact your ability to practice dentistry. Each year, many dentists find themselves facing the unexpected which prevents them continuing the professional career. Or, more commonly, retirement quickly creeps up on them. Whether it’s due to...  Read More
Posted 2/7/2017 by Ellen Dorner in Maximize Your Chances of Selling   |  Comments: 0  |   Views: 9
When Is The Right Time to Talk To the Staff About Your Transition?
Timing is everything. When dealing with delicate situations such as selling your practice, you should approach the conversation with staff carefully. Some dentists experience feelings of guilt by keeping the news of their dental practice sale a secret from their staff. Or they view keeping the...  Read More
Posted 1/19/2017 by Ellen Dorner in Maximize Your Chances of Selling   |  Comments: 0  |   Views: 7
Location, Location, Location…
One of the most important factors that impact your practice’s value is your location. As baby boomers approach retirement, more Gen Xer’s have the purchasing power. Based on studies, the majority of recent dental school graduates have a desire to practice in urban and suburban areas....  Read More
Posted 12/8/2016 by BillLossef in Dental Practice Sales MLS   |  Comments: 0  |   Views: 56
Dental Practice Broker MLS
Most Dental Practice Brokers run stand alone companies that do not collaborate with other dental practice brokers. This is how things were in real estate 20 years ago when real estate brokers signed up Sellers to Exclusive Right to Sell contracts and did not work with other Brokers. Today, most...  Read More
Posted 11/4/2016 by Dental Insurance Credentialing in Dental Insurance Credentialing   |  Comments: 0  |   Views: 211
Transition Issues Related to Dental Insurance
Transition Issues Related to Dental Insurance We often get questions regarding the transfer of ownership and complications with dental insurance networks. Here are some answers to the most common questions asked by clients: Is the buyer able to bill under the seller’s information? Many...  Read More
Posted 9/13/2016 by AxexGabe in Rebel Dentist Podcast   |  Comments: 0  |   Views: 63
Dirty Data Transfers
About the most complicated thing, you can do in your dental practice is transitioning from one dental software to another. This experience can be so traumatic to some, that quite often clinicians find themselves keeping a software that is problematic and/or expensive for fear of transitioning....  Read More
Podcast Episode #6 Demystifying the Buying and Selling of a Dental Practice
Catch THE Jerry Jones Radio Show, live, 11AM Pacific, every Tuesday, at www.blogtalkradio.com/jerry-jones Available on iTunes, Stitcher and at www.jerryjonesdirect.com/podcast Episode #6 Demystifying the Buying and Selling of a Dental Practice ...  Read More
Posted 8/15/2016 by Dr Bill Adams in Bill Adams, DDS   |  Comments: 0  |   Views: 81
The Deciding Decade of Dentistry
If you want a glimpse of the future of dentistry, take a look at the history of the medical profession. While it is indisputable that there are numerous changes in the industry, the future of dentistry is quite predictable. Dentists need to look at the situations that physicians have been...  Read More
Posted 7/19/2016 by Bill Rossi in Bill Rossi: Advanced Practice Management   |  Comments: 0  |   Views: 132
PPOs and Practice Transitions
One has to consider many factors when purchasing a practice and now PPO participation has to be taken into account. This becomes even more important when you’re dealing with practice mergers. It is increasingly common to see exiting practices not sold outright but sold to and blended with...  Read More
Posted 10/26/2015 by Dr Bill Adams in Bill Adams, DDS   |  Comments: 0  |   Views: 102
Are You Paying Attention to What You are NOT Doing That Could Significantly Increase Your Practice Value?
Sometimes documenting what you are NOT doing is as important as documenting what you ARE doing when it comes to increasing the value of your dental practice for potential buyers. In our Practice Information Summary form, which is used in part to illustrate the value of a dental practice,...  Read More
Posted 9/11/2015 by Dr Bill Adams in Bill Adams, DDS   |  Comments: 0  |   Views: 75
Are You Serious or Just Curious?
Thinking About Selling Your Dental Practice? Are you Serious or Just Curious? Understandably, many dentists are initially hesitant when it comes to the idea of selling their practice. Their practice is their identity and, while retirement is a time for new beginnings and fun, it is a big...  Read More
Posted 9/1/2015 by Steve Williams in drTransitions   |  Comments: 0  |   Views: 93
The renowned computer scientist Edsger W. Dijkstra said, “Simplicity is a great virtue but it requires hard work to achieve it and education to appreciate it. And to make matters worse: complexity sells better.” How right he is!! Many consultants market their transition services as a...  Read More
Posted 7/23/2015 by seanepp in The Practice Buyer's Corner - Random Musings from the Buy-Side   |  Comments: 0  |   Views: 160
The Dental Summit 2015
Wow, late July already. I hope everyone has had a successful start to 2015 and is enjoying their summers thus far. I wanted to share some talks given recently at the . Speakers included DSO operators large and small, industry consultants, leading vendors, and many highly experienced doctors,...  Read More
Posted 7/14/2015 by Paul Edwards in CEDR HR Solutions   |  Comments: 0  |   Views: 212
Strategies for transitioning when buying a new practice - Live From HR Base Camp Podcast #2
Today, Kurt joins Paul again for Live From HR Base Camp, this time to discuss strategies for having a smooth transition when taking over a new practice Transitioning Into A New Practice Click to subscribe to...  Read More
Posted 3/30/2015 by Dr Bill Adams in Bill Adams, DDS   |  Comments: 0  |   Views: 103
Presenting Your Practice to Potential Buyers
At Southeast Transitions, we are often asked by future sellers, “What do we need to prepare to present our practice to future buyers?” Here’s what we have found: Have a clear message about the reason for the sale. Prospective buyers will want to know why you are...  Read More
Posted 3/13/2015 by Dr Bill Adams in Bill Adams, DDS   |  Comments: 0  |   Views: 948
Retaining Patients Following a Dental Practice Sale
There are a number of rumors circulating regarding patient retention following a dental practice sale; in fact, some people say that new owners lose up to 20% of patients. Fortunately, this is untrue-most dentists are able to retain at least 90% of the patient base after buying a dental practice....  Read More
Posted 3/12/2015 by howard in Dentistry Uncensored with Howard Farran   |  Comments: 1  |   Views: 631
Navigating Commercial RE with Tanner Milne : Howard Speaks Podcast #56
When Tanner Milne realized that there was no commercial real estate broker in the Phoenix valley who specialized in helping dentists, he created Menlo Group CRE. Since then he has brokered over 1000 real estate transactions for dentists and advises them on leases, renewals, purchases, and...  Read More
Posted 2/25/2015 by dentalattorney in The Overlooked Basics   |  Comments: 0  |   Views: 124
Financial Matters in a Dental Office
FinancialMatters in a Dental Office It is imperative that dental team members in financial roles recognize the often delicate nature of their assigned tasks. In many dental practices, the negotiation of patient financial arrangements and management of account receivables is delegated to an...  Read More
Posted 2/24/2015 by Dr Bill Adams in Bill Adams, DDS   |  Comments: 0  |   Views: 161
Smart Retirement Planning for Dentists: Sell Now - Retire Later
Don't Wait Until Retirement Time to Sell Your Dental Practice Deciding on the right time to put your dental practice for sale can be a daunting experience. While it may seem logical to wait until you're ready to retire, the truth is that selling your dental practice earlier can have a positive...  Read More
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