Professional Transition Strategies
Professional Transition Strategies
PTS wants to help you every step of the way. Whether you're selling, buying, leasing or expanding your dental clinic, PTS is here to provide the information, answers and expertise you need. Check back weekly for our most recent blog posts!
Professional Transition Strategies

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Expanding a dental practice is an exciting milestone for entrepreneurial dentists, but selecting the right market is a critical decision. Should you expand in a densely populated urban area with high patient volume, or target a spread-out region with less competition? This isn’t a simple either-or...  Read More
Chances are, if your dental practice isn’t .  DSOs DSOs are set up to offer benefits, health care and a 401K right out of the gate, as well as a higher hourly pay rate. Starting at a DSO, a hygienist can have a better-defined career path with job opportunities outlined upfront. DSOs can invest...  Read More
Interest rates are at an all-time high with no signs of slowing down. Dental entrepreneurs are feeling the pressure to maximize cash on hand while continuing to invest in  your business during these trying times. Analyze your fees Smaller fees attached to vendors may be draining your income a...  Read More
It’s easy for those without dental insurance to avoid getting treatment, which ultimately leads to more dental and overall health problems down the road. It’s in the best interest of the provider and patient to offer different financing options for those who need the assistance. What’s more, it...  Read More
No matter how diligent or friendly your  is, there’s always a chance they’ll be on the receiving end of some form of conflict. It can be easy to take it personally, even though oftentimes it has nothing to do with the people involved. The best thing you and your dental practice can do is work...  Read More
If there’s one thing dental school may not have prepared you for, it’s how to handle no-shows and cancellations at your dental practice.  even shows this often happens at student clinics or newly opened practices, slowing growth by as much as 50% in the first three years. Not only does the...  Read More
As with any new business venture, the best way to add a new service to your dental practice is to start with goals and a plan. If you want to  to your dental practice, especially in light of a transition. Transition If an ownership  before handing over the proverbial keys. It takes six months to...  Read More
Having a user-friendly  or well-established in your dental practice. Encourage participation Simply put, the larger social media presence you have, the better  (SEO) your dental practice will have. This can be as easy as encouraging current patients to like or follow your business on the...  Read More
The connection between money flowing in and out of your dental practice and your bottom line isn’t necessarily an obvious one. In order to stay out of the red, a dental entrepreneur must stay on top of the business’s cash flow. This can be as easy as employing a cash management system in...  Read More
With .  The plan Studies have shown that increasing fees by 1% in 90-day increments allows time to evaluate patient reactions. The goal is to increase fees by 5% to offset inflation and increase  reimbursements, it takes some time for product prices, fees and employee pay to level out during...  Read More
There’s no one way or perfect time to  (DSO), the right plan depends on your short- and long-term goals. The best you can do is gather all your information to see which opportunities present themselves. Here is a list of questions to help you understand what your next business move might look...  Read More
How States Have Devised Plans To Overcome the Dental Assistant Staffing Shortage
The , but in particular, dental practices are still struggling to find qualified dental assistants in a competitive market. Now, states are finding ways to fill those roles in a variety of ways. Here are a few of the highlights. Nationwide In a  (ADA). To help dentists find candidates to fill...  Read More
If one good thing came out of the . Enter remote dental assistants. Here’s how hiring from outside your geographic area can open a new world of talent at your dental practice.  The why Like the rest of the health care industry, dentists are still playing catchup after being forced to  skilled...  Read More
The latest  picks to help your dental practice run more smoothly and efficiently, from the front desk and back office to overall clinical workflows.  Procurement Procurement software, such as  and independent offices. Practice management  provide insightful dashboards that allow you to view...  Read More
Regardless of whether or not you’re looking to  your dental practice, it’s always in your best interest to know where your business stands financially. What may surprise you is the small changes that can be made to take your dental practice from in the red to profitable. Here are our top...  Read More
Tax season is upon us, and the American Dental Association has . Here are some considerations you can make now and in the future. (And remember there’s no shame in filing for an extension to make sure all your bases are covered at this point.) Gathering information This includes W-2s, IRS Form...  Read More
 yet.  Doctor-led DSOs One concern with selling your dental practice to a DSO is the release of all the .  Specialty DSOs Gone are the days of DSOs only catering to general practitioners. These days, DSOs are maximizing doctor collaboration by partnering with one or more related  your dental...  Read More
It’s no secret the connection between oral health and overall health has become stronger over recent years. But the relationship between  might be the right move for your dental practice.   Focused attention DSOs are better  that come along with owning a business and focus on the clinical...  Read More
There are many well-known pros and cons when it comes to joining a  (DSO). One significant advantage of affiliating with a DSO is releasing the managerial responsibilities that tend to take a backseat to the clinical reasons you got into dentistry in the first place. Here’s a list of some tasks...  Read More
You’ve been bitten by the entrepreneurship bug and have wondered if purchasing additional dental practices is your next move. But first, you’ll need to understand what’s involved in owning , for better or worse.  Crunching the numbers Simply put, more locations equal more fixed costs. This can...  Read More
If you are busy juggling clinical work alongside the managerial responsibilities of owning a dental practice, you are familiar with wearing many hats in your day-to-day work. The same can be said for your staff. Given the option, a hygienist will likely jump at the chance to have help with...  Read More
Even the most successful dentists need to rediscover their passion for their life’s work. A paradox exists between being . When owning your own practice, it can be easy to get lost in the managerial aspects and forget the clinical reasons you got into dentistry in the first place. Here’s how to...  Read More
We all know the key to running a successful dental practice is . But with most life-improving techniques, this can sometimes be easier said than done. That’s why we’ve rounded up some of the best tools for running your dental practice to get the most out of your business experience and improve...  Read More
It’s no secret hiring and retaining quality hygienists during a staffing shortage is top of mind these days. But how does that affect your dental practice’s bottom line and, ultimately, a valuation of your business leading up to an eventual transition? Here’s how to optimize your hygienists’...  Read More
As if finding and retaining quality  isn’t hard enough, now dentists are facing the ever-growing issue of higher costs associated with staffing expenses. But how do you continue to increase practice production while paying staff more due to this structural shift? With the help of Professional...  Read More
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