Monday Dental Practice Optimization

Dental Practice Optimization

June 24, 2024

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Welcome to
Dental Practice Optimization!

Trivia Question❓

How do dental practice owners typically stay updated with industry trends and advancements?

Answer at the bottom of the newsletter

I recently interviewed David Cohen on Success Strategies for Dental Practice Owners. It was a great experience! We talked about how DSO deals involve more complex legal processes compared to private doctor-to-doctor deals, requiring more documentation and due diligence.

 

 

Success Strategies for Dental Practice Owners delivers entertaining insight and a wealth of knowledge from guests who are at the forefront of the dental industry discussing practice acquisitions and growth strategies. I was fortunate enough to have David Cohen as a guest expert on the show. I found the experience to be insightful.

 

Here are just a few of the topics we covered:

 

·         DSO deals involve more complex legal processes compared to private doctor-to-doctor deals, requiring more documentation and due diligence.

 

·         Attorneys involved in DSO deals vary in flexibility, influenced by negotiating dynamics and doctor-friendliness of DSOs.

 

·         Communication is crucial in deals to avoid misunderstandings and potential deal breakers, requiring clear and open communication between all parties.

 

·         Networking with the right people and leveraging the expertise of brokers are important in navigating the dynamics of broker transactions effectively.

 

·         DSO-driven transactions typically provide more favorable economics for doctors selling their practices compared to private deals, often resulting in higher payouts at closing.

 

·         DSO deals typically offer more money to a selling doctor compared to private deals, making the DSO route more lucrative for those prioritizing financial gain.

 

You can listen to the interview on:

iTunes  SpotifyTuneIniHeartRadioC-Suite Radio and Amazon Music

 

If you enjoyed it, please do me a favor and leave a review and let us know what part made the biggest impact!

 

Also, while you are there, please make sure and subscribe to Success Strategies for Dental Practice Owners to get access to all of the new and informative interviews!

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Trivia Question Answer

💡 Answer to Trivia Question:

They attend continuing education courses, conferences, seminars, and engage in networking with peers and industry experts.