Are you wondering about what comes first (or next) in your dental career? Whether you’re just starting your career or looking for a change, you don’t have to settle. After all, you’ve invested a lot of time, money, and energy to reach this point! It’s worth taking the time to find the right fit.
Our new eBook can help you weigh your options. Download it now to explore:
Topics: incoming dentist
If you own a practice, you’ll eventually need an exit strategy. And it’s wise to start thinking about your preferences long before you think you’ll need to sell. After all, sometimes life happens and forces you to act sooner.
It can feel daunting to think about walking away from the practice you’ve spent decades building. How will your patients be cared for? What about your loyal staff?
And what about YOU? What will you do during your retirement?
Relax. You have options — probably more than you realize! Retirement doesn’t always have to look like a 100% sale in which you hand over the keys and never look back. Today, many doctors are approaching their retirement as a years-long transition period during which they can do more of what they love — and leave behind the things they don’t prefer. That can take a lot of forms, including practicing part-time, teaching/mentoring, helping underserved populations, or making a fresh start in an entirely new-to-you practice. Your options are limited only by your imagination!
Topics: owner, selling a practice, Real Talk
What does it take to become a successful practice owner? And why can it be “easier” in a small town?
Dr. Kristen Sciolino recently sat down with The Dental Brief Podcast to share her story. Hear about her path from social work to dental practice ownership — all while raising two small children.
During her D4 year at the University of New England, Dr. Sciolino created an ADA Practice Transitions profile. She wanted to find a small-town practice that she could buy within a few years.
She landed in Lincoln, Maine, where Dr. Joe Thibodeau was beginning to plan for retirement. The two shared complementary philosophies of care and similar timelines and goals — it was the perfect match. Less than two years after graduating, Dr. Sciolino bought Lincoln Smiles, the million-dollar practice, from Dr. Thibodeau. Today, she’s thriving as he eases into retirement.
So what makes a small-town practice such a great choice for someone who wants to own?
Topics: purchase a practice, transition tales, podcasts
The ADA Practice Transitions team is heading to SmileCon in Houston! If you’re thinking about your own practice transition, make sure to stop by Booth #1640, right in the ADA Member Center, to get all your practice transition questions answered. You can even schedule a one-on-one meeting with one of our ADA Advisors to talk through your own transition goals and plan.
And if you know you’re ready for a change but don’t yet have a plan — make an appointment. Our Advisors are experts at helping you think through your preferences and priorities. A quick conversation can help you start taking your next steps with confidence.
Everyone who stops by our booth walks away with something — and we’ll even give you a key to try to unlock an On-The-Go Prize Pack.
While you’re planning your SmileCon agenda, be sure to check out these sessions from ADA Practice Transitions experts:
(5143) Beyond Salary: Negotiate the Best Contract for Your Goals
