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The WealthAbility Show #113 - Data Decisions w/ Seth Stephens-Davidowitz
Data Decisions - The WealthAbility Show #113 The WealthAbility Show #113: Decisions we used to make based on our ‘gut feeling’ have been shaped by a new approach: data analysis. In some cases, we have aggregated tons of data where there was never any before. In this episode, Seth...  Read More
When do I know if I’m ready to bring on an associate?
Season 2 - Episode 9 There reaches a point in the life cycle of most practices where the doctor is as busy as they want to be, or as busy as they can be.  We call these “S.E.T. points” – Solo Economic Threshold.  It’s the point where you are working as much as you want to, or you...  Read More
How To Affiliate With a DSO When You’re Not Ready To Retire
You want to sell your dental practice but are . With the right tools in place, you can sell to a DSO and still practice at your original location. Here’s how to get in on the consolidation wave.  When to sell Whether retiring or just looking to consolidate, the best time to sell any dental...  Read More
Cultivating Your Vision for Your Practice Part 2, with Drs. Cary and Jonathan Limberakis
On this episode of the Dental Up Podcast we interview the father-son duo, Dr. Cary Limberakis and Dr. Jonathan Limberakis. Since 1980, Dr. Cary J. Limberakis has been working in southeastern Montgomery and Bucks Counties to provide the best dental care for his patients. His experience in...  Read More
Kiss of Death Practice Locations for 2023
Kiss of Death Practice Locations  Every year, we publish a list of the sites that are "Risky." We call these areas the "Kiss of Death" Sites.  If you are considering one for purchase or a start-up, we want you to think twice. The factors that make these locations less-than-desirable, change each...  Read More
Cultivating Your Vision for Your Practice Part 1, with Drs. Cary and Jonathan Limberakis
On this episode of the Dental Up Podcast we interview the father-son duo, Dr. Cary Limberakis and Dr. Jonathan Limberakis. Since 1980, Dr. Cary J. Limberakis has been working in southeastern Montgomery and Bucks Counties to provide the best dental care for his patients. His experience in...  Read More
In medicine, Value Based Care (“VBC”) is a payment model that aims to take a renewed and holistic approach to the antiquated means of billing by procedure code. Though ethics guidelines require otherwise, the shear nature of the “old way” of billing encourages healthcare providers to bill as many...  Read More
For Associates: What are the Pros + Cons of working for a DSO?
Season 2 - Episode 8 “I didn’t know if I was paid what I should be paid.” When you come out of dental school, you’ve been taught how to be a dentist, but you don’t yet know how to run a successful business. Unfortunately, this puts you in a vulnerable position. DSOs can take advantage of you. ...  Read More
WHAT YEAR IS YOUR PPO IN?
WHAT YEAR IS YOUR PPO IN?   All of us are aware that over the years, PPOs rarely give increases and those that do are rather meager. Meanwhile, reality marches on in dental offices where, especially post Covid, expenses like PPE, wages, etc. have gone up. But even before Covid, clearly PPO fee...  Read More
EVERYTHING YOU DO TODAY, DICTATES YOUR PRACTICE'S VALUE TOMORROW
YOUR PRACTICE VALUE COULD BE 100% OF YOUR COLLECTIONS!!!    As you are well aware, dentistry demands unique skills that few outside the profession understand. Your ability to perform intricate procedures in a confined space takes energy, focus, and commitment. But at the same time, you’re running a...  Read More
Pin Pointing the PERFECT Practice Location
Pin Pointing - A New Way to evaluate practice site viability by Scott McDonald - Doctor Demographics It has been true for a long time that brokers, realtors, and even demographers have considered only a very narrow number of factors in determining practice site viability.  Traditionally, this may...  Read More
STRIKE WHILE THE IRON IS HOT!
                                                                                                                               WE ARE PLEASED TO ANNOUNCE                                                                                                                                               ...  Read More
Episode 123 - Should I Sell My Dental Practice? (Part 1)
“Why are you selling? You might be right on the cusp of a really valuable practice.” ~Dr. Bruce B. Baird I’ve been talking to a lot of dentists in their mid 30s and 40s who are selling their practices. Now it makes sense for people my age to be selling our practices - we are ready for...  Read More
Marketing Your Practice in Today's Economy
Every time the Economy drops into "danger territory" we see a flood of advertising for "The No-Lose Marketing Plan for YOUR Practice."  We have been here before.  Most of the time, they are expensive and long-term plans that are guaranteed to make YOUR practice into a production and collection...  Read More
"Your Patient is the Most Important Person in the Room," by Dr. Alan Kaplan
On this episode of the Dental Up Podcast, we interview the acclaimed Dr. Alan Kaplan, known for his kindness, generosity, and world-class technique, onsite at Keating Dental Lab! Dr. Kaplan graduated from the University of Florida's College of Dentistry in 1976, where he made history as the...  Read More
What work back arrangements have you experienced?
Season 2 - Episode 7 Do you join a DSO or sell to a private buyer? That is the question. And when it comes to practice transition options, one of the big considerations are work back arrangements.  The differences in working arrangements between offers from DSOs compared to independent buyers in...  Read More
When To Cut Back On Marketing And Which Services To Keep
In most cases, marketing is a misunderstood field and underrated at nearly every chance. Marketing is often the last to be considered during economic crises or simply during a practice's financial trouble. Ironically, when a medical practice is doing very well, marketing is also often the first to...  Read More
What You Need to Know Before Buying a Dental Practice
"We literally do thousands of buyer conversations on a yearly basis," Professional Transition Strategies Founder and CEO Kyle Francis said in a recent . "At any one time, we have something between 100 and 120 practices on the market, which means there's a lot of folks interested in those...  Read More
Transitioning to a Private Practice with Dr. Stephanie Price
On this episode of the Dental Up Podcast, we interview the esteemed Dr. Stephanie Price. After serving 12 years in the army, Dr. Price went on to study at the University of North Carolina School of Dentistry Chapel Hill, where she graduated from in 2013. She has been practicing dentistry for at...  Read More
WHEN IS THE RIGHT TIME TO SELL YOUR PRACTICE?
                                                                                                                                                                     STRIKE WHILE THE IRON IS HOT AND IT IS STILL A SELLER'S MARKET                                                   Dear Dental Practice...  Read More
How do offers differ from a DSO to an independent buyer?
Season 2 - Episode 6 There’s a big assumption today that if you sell to a DSO you’re going to get a higher price point. While on the surface this appears true, it is in the contingencies like workback agreements where it becomes not so cut and dry. “I was getting pushed into a corner and I...  Read More
The Patient First Podcast Episode 39: A Major Barrier To Success In Dentistry... And How To Avoid It
Although change can be a two-edged sword, the pain of not changing is greater than the pain of change. In order to keep up with the fast-paced world today, we have to learn how to face that pain head on or else get left in the dust. Progress is impossible without change, and those who are unable...  Read More
(4) Top Used Dental Equipment That Maintains Its Value
Value is a complex concept; it's also a relative term. However, there are many ways to determine the value of dental equipment. When deciding to purchase dental equipment, several factors are essential. One of those is the depreciation value of the product. The faster something depreciates, the...  Read More
Have you been thinking about buying a Practice of your own or expanding your current practice ownership?
Have you been thinking about buying a Practice of your own or expanding your current practice ownership?  As you know, the Federal Reserve has announced that they will raise interest rates 4-6 times this year. We just experienced our first rate hike and need to be prepared for more. If you have...  Read More
Should You Open a Dental Practice in the South?
Go South Young Man!  The national trend right now is to look at the southern end of the country for opening a new professional practice. There are many big cities that are growing there and there is tremendous attention from the doctor community. So, the big question is this: Should YOU Go South?   Read More
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