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Integrity Practice Sales Blog
Articles to help you buy or sell your dental practice.
Planning your dental practice future after COVID-19
Dear friends and colleagues, I don’t know about you, but I feel like I’ve been using acronyms more than usual. There’s the PPP and a shortage of PPE, EIDL grants from the SBA, the CARES Act and the most recent IFR (Interim Final Rule). Even COVID-19 is an acronym for coronavirus disease of 2019. We use acronyms…
Interest Rates & Practice Values
This morning’s headline in the Wall Street Journal: “Mortgage Rates Hit 5% for First Time Since 2011“. If you’re thinking about buying or selling a dental practice in the next few years, it’s time to pay attention. Interest rates are one of the market forces that drive dental practice values. (Of course, the best way…
Triaging and categorizing dental practice patients after COVID-19
Hello again from my kitchen table to yours,I hope you all are remaining healthy and well as we close the book on the 3,000 days of April 2020. What a strange month it’s been.The good news is that I have been talking to many doctors getting ready to return to practice. There is light at…
Do Your Due Diligence Before Dental Practice Sales: Reviewing Patient Charts
Performing due diligence on patient charts can be a big undertaking before dental practice sales, but it should not be overlooked. By examining the charts, you can tell what type of dentistry the seller performs, how the practice cares for and follows up with patients, how patients are scheduled, and how the practice makes financial…
Preparing to Buy a Dental Practice: Setting Financial Goals
While closely related to personal goals, financial goals deserve a blog post of their own. When you are thinking about buying a dental practice, it is important to understand how your personal finances can affect your ability to get a loan and live the lifestyle you want. Dental practices pay for themselves. This makes the…
How to soothe the nervous dental patient post-COVID-19
Dear friends, partners, and colleagues, In this newsletter, I’ll cover: CDA Respiratory Protection Program PPP Loan Forgiveness A Quick Reminder to Stay Vigilant Focusing on the Nervous Patient Dental Practices for Sale Another Musical Interlude Best Wishes on Memorial DayBelieve it or not, this Monday is Memorial Day.The de facto beginning of summer has taken me completely…
Best Clinical Styles after Dental Practice Acquisition
Understanding successful dental practice acquisition means also understanding that we all have different clinical styles and beliefs. Finding a practice that is close to your style can make the transition much smoother. That being said, in my experience, almost any dentist can work in almost any practice … and transform almost any enterprise to their…