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Professional Transition Strategies, a company that facilitates dental practice purchases, mergers, and acquisitions, is delighted to announce its impressive growth statistics for the third quarter of 2023. When they started working with PTS, the original value of the practices was $18 million, with $3.9 million in EBITDA.
The PracticeTransition Conundrum: The Unanswered Questions Practitioners Face Amidst the Proliferation of DSO Exit Offers The fever surrounding DSO exit offers has become the defining spirit of an era in dentistry. Do you want to trust your nest egg to the future of these markets? The rules of the game are indeed in flux.
Professional Transition Strategies (PTS) , a company that facilitates dental practice purchases and mergers & acquisitions, is pleased to share its remarkable practicetransition statistics for 2023. These transactions springboard dentists to achieve their goals, while ensuring a smooth handover of their practices.
Professional Transition Strategies (PTS) , a company that facilitates dental practice purchases and mergers & acquisitions, proudly unveils its latest venture: Headwaters PracticeTransitions. Headwaters PracticeTransitions caters primarily to doctor-owners who aspire to sell their practices to another practitioner.
Professional Transition Strategies (PTS) , a company that facilitates dental practice purchases and mergers & acquisitions, is ecstatic to report it facilitated 30 practicetransitions for dental entrepreneurs around the country in Q1 2024. Initially valued at $7.6
Key highlights include: Software solutions covering practice management, marketing, patient engagement, and artificial intelligence (AI) from Henry Schein One (booth #3012); Merchandise products and exclusive offers on Henry Schein Brand Products (booth #3019); Transition planning, sales, valuations, and practice financing solutions from Henry Schein (..)
Menlo Dental Transitions, a leading dental practicetransitions firm, is pleased to announce the appointment of Dave Dahler as vice president of practice sales. In his role, Dahler will help the firm expand into new markets in the eastern half of the United States. and have successfully sold hundreds of practices.
McCann is a dynamic, former Fortune 50 executive, with more than 25 years of experience in leadership, operations, marketing, mergers and acquisitions and sales. Previously, McCann served as a vice president of practicetransitions for USOSM. McCann earned her engineering degree from Drexel University with a minor in marketing.
The process and outcome are based upon comprehensive real estate market knowledge, authoritative posturing, and negotiation expertise. If you don’t know the market, you are simply begging or bluffing. Healthcare practices choose CARR to save them a substantial amount of time and money; while ensuring their interests are always first.
You can use tools and technology platforms to house this data and analyze it, which will allow you to provide raises that reflect the market and your employees’ performance. If you’re starting up a new practice, you will invest more organic marketing dollars into growing your patient list and your brand.
The longer you stay on board through the practicetransition process, the more attractive your practice will be to a buyer. With all of this in mind, think about how long you’re willing to work before you even take your practice to market. Find out more by visiting pattersondental.com/practice-transitions.
Analyzing considerations like the season of your practice and future growth needs, available financing, cash flow, and your practice’s financial position, tax implications, and market availability, all play roles in determining whether to lease or purchase. In most markets, lease options outweigh purchase options by 10 to 1.
By Kyle Francis, CEO and founder Professional Transition Strategies. To many, the dental practicetransition process seems daunting, but it doesn’t need to be. This is mainly because practice owners often don’t know where to start or how the practice’s value is determined, among other essential factors.
Among your biggest assets is the dental practice you’ve built. A practicetransition will shine a spotlight on your entire enterprise. As you’re preparing to showcase your practice for interested parties make sure to spruce things up. Preserve and promote your assets.
Practice valuations are more heavily scrutinized by today’s buyers because financing is not as easy to come by given the degree of market and economic volatility we have experienced in recent years. Below are some tips to improve the value of your practice and prepare for a successful sale in today’s market.
This acquisition positions Henry Schein as a one-stop resource for healthcare professionals seeking guidance on practice management, transitions, and valuations, solidifying its reputation as a trusted partner in the industry. Market Expansion: As Henry Schein expands its service offerings, it also gains access to a broader market.
Anna DuHamel, previously Benco Dental’s VP of Sales for Strategic Markets, has assumed the role of Chief Business Officer at PPO Profits. “In After two decades in the corporate world, he left his job to take a more active leadership role in his wife’s startup practice. PPO Profits is additive and will remain a separate entity.
Before they approve your loan for expansion into additional locations, banks want to look at your practice’s historical performance and then gauge it against the new opportunities you have in the market. Are you trying to tap into a historically underserved market? So, what is your “why?” What will your schedule look like?
said, “LPS is complementary to our existing Dental PracticeTransition business and our commitment to providing value-added services to our customers. For many years, we have had a successful practicetransitions group dedicated to assisting smaller and mid-sized dental practices.
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