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What Went Wrong: I Got Too Comfortable in My Associateship

I have said it before, and I will say it again: now is a fantastic time to buy a practice! Today’s low interest rates, motivated buyers, and comprehensive support network can help you launch the next phase of your career.

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Topics: purchase a practice, what went wrong

Practice Profile: 4-op Mountain Practice with Sky-High Potential

Posted by Betsy Krekling, ADA Advisor on 7/16/21 8:30 AM

This 4-operatory, high-tech office is a young dentist's dream come true. This practice is very profitable on a part-time schedule – giving you the option to expand hours (and profits) or maintain the schedule to enjoy all the nearby mountains have to offer!

All four operatories are updated with the latest technology, including CBCT, digital radiographs, paperless charts, implant surgical kits, PRF machine, sleep apnea diagnostic equipment, electric handpieces, and intraoral cameras. This investment reflects the seller’s commitment to continuous learning and evidence-based care.

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Topics: practice profiles

Why Now is a Great Time to Buy a Practice

The last year was unsettling for many people, even in a relatively stable profession like dentistry. If you weren’t furloughed, you probably know people who were. 

The pandemic gave a lot of us time to think about the big picture and recalibrate our goals. 

That’s part of the reason I’m seeing so many would-be owners joining ADA Practice Transitions. Some are 10 to 15 years post graduation and say that they have always wanted to own a practice, but for whatever reason, it kept getting pushed to the back burner. The pandemic gave them a new perspective, and they realized they are frustrated by the “lack of control” they have as associates. Now they're ready to take charge of their futures.

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Topics: purchase a practice

Practice Profile: Immediate Productivity, Instant Growth Potential

Posted by Betsy Krekling, ADA Advisor on 7/9/21 8:15 AM

This immaculate 3-operatory general practice is a terrific value. Everything’s in place so you can be immediately productive: equipment, digital x-ray and patient files, upscale office décor, staff, and patients! Add your skills and a pinch of entrepreneurship to build on this successful boutique practice just outside Chicago.

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Topics: practice profiles

Practice Profile: Build Your Career in this Well-Established, 5-Op Practice

Posted by Betsy Krekling, ADA Advisor on 7/2/21 8:45 AM

Steady growth, steady staff, steady patients! Buy this 5-operatory practice to build your career on a solid foundation. With low overhead, strong financials, and a loyal patient pool, you’ll be set for satisfaction.

The seller is happy to provide as much mentorship and guidance as you need to ensure a successful transition.

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Topics: practice profiles

Practice Profile: Ready to Prosper with Your Leadership

Posted by Betsy Krekling, ADA Advisor on 6/25/21 7:45 AM

Great staff? Check. All the technology? Check. Updated for COVID? Check. Well-established? Check.

This fully functional, paperless practice has everything. It just needs YOU as its new leader!

For more than 50 years, this practice has served the community and built a loyal patient pool. Now the current owner must retire due to health issues, presenting a prime opportunity for you to step right in!

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Topics: practice profiles

Humans, AI, and Networks: How ADAPT Makes Connections

Posted by Bill Robinson, ADAPT President & CEO on 6/22/21 8:13 AM

In April, we at ADA Practice Transitions celebrated our second anniversary. Our beginnings were modest, launching in just two states, Maine and Wisconsin. Within that first year, we expanded to six additional states. And now, by the end of our second year, we have expanded our service to all 50 states, with customers in every single one of them.

It is a human tendency to use an anniversary as a time of reflection. At ADAPT, our goal has always been to provide a better way of managing transitions for all of dentistry.

We started off with extensive research, where we often heard dentists complain how difficult it is to find a good match. No one had the scope to cast a wide net in matching sellers with buyers or owners with employees. We thought, “The ADA can do that,” and began designing the service to address those complaints.

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Practice Profile: Grow in this Associateship with Hands-On Mentorship

Posted by Betsy Krekling, ADA Advisor on 6/18/21 8:15 AM

Looking for an associateship in a well-established practice where you’ll be busy from day one? Then this 7-operatory practice needs YOU! New grads and recent residents are welcome, as the team is willing to mentor the right person.

For 40 years, this cosmetic and general dentistry practice has fostered warm, sincere relationships that have translated into loyal patients. The two owners have built an amazing team, some of whom have 25+ years of service. Everyone works well together: two doctors, five assistants, four hygienists, and five front office staff. The senior dentist is approaching retirement, while his partner will remain for the long term.

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Topics: practice profiles

Practice Profile: Build this Small Solo Practice into Your Dream

Posted by Betsy Krekling, ADA Advisor on 6/11/21 8:30 AM

This well-established solo practice is small but mighty! It could be the ideal place to launch your career – or to slow down.

Founded in 2000, the seller has built a loyal base of patients with just two operatories. However, a third operatory is already plumbed and ready to establish as a hygiene room – and there’s enough space to add a fourth operatory when you’re ready.

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Topics: practice profiles

OK Boomer! What D’ya Want Millennial?

Posted by Bill Robinson, ADAPT President & CEO on 6/8/21 7:30 AM

It is astonishing how many articles, essays, and opinion pieces there are about generational differences between baby boomers and millennials. Not to mention the YouTube videos, memes, and TikToks poking fun and parodying one side or the other. My favorite is here (and I’m a boomer!).

The last thing I want to do is write yet another blog post pontificating on how the generations misunderstand one another. Instead, I want to focus on what both groups share – especially when talking about dentists working together in an office as owner and associate or transitioning a practice from one dentist to another.

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