As an entrepreneurial-minded dentist, you may be evaluating the path of starting or joining a Dental Services Organization (DSO). Let’s find out exactly what a DSO is, its benefits, and whether you should consider joining one. What is a DSO? A DSO is an organization that provides business support services…
When deciding to buy or sell a dental practice, it’s important to consider how your sales contract is structured. Typically, you’ll choose between an asset sale or a stock sale. Let’s take a look at how they differ so you can make the best decision for your dental practice transition….
Tom Sullivan, editor of the Government Health IT reports: “While 90 percent of healthcare CIOs view IT innovation as critical to success, the more surprising statistic is that fewer than one-fourth consider their existing infrastructure capable of supporting such technological advancement. That’s according to a report from MeriTalk, published Monday,…
Click Here to Print or Download Article Starting your own dental or medical practice will require as many decisions about the business of medicine as it does the practice of medicine. Making the wrong decisions from the outset will not only result in wasted time and expense to repair your…
Scenario: A dentist-client (Dentist A) was recently approached by another dentist (Dentist B) to discuss the referral of new patients to Dentist A’s practice. Dentist B wanted a commission or referral fee on each patient referred to Dental A’s practice by Dentist B. Dentist A declined the offer, believing that…
Recently, I was representing a dentist in the purchase of a practice and a unique issue came up about the occasional sale tax exemption. My client wanted to know if there were any unforeseen actions he could take after buying the seller’s lone practice which would prevent the seller from…
