Ross talks to dental industry experts, CPAs, lawyers, and other professionals offering keen insight on how to grow your income and improve your life. Listen to this lasted, information-packed episode to learn ways to protect your legacy when selling your dental practice.
Host Matt Fisher’s guest is Dr. Suzanne Ebert, VP Dental Practice & Relationship Management, ADA Business Innovation Group. Their discussion topics include, evolution of dental practice; comparative regulatory independence of dentistry; entrepreneurial spirit among dentists and interest in owning independent practice; and lessons learned about dentistry from COVID.
It’s relatively easy to understand a straight salary, typical for those working in public health, academia, or government agencies. It gets more complicated for those paid in whole or on some percentage of their overall productivity in the office, which is the more common scenario for dentists employed in private practice or DSOs. Pay is typically based on total production, billable production, or total collections in these cases.
When Kiss.com launched as a matchmaking site in 1994, artificial intelligence (AI) was still science fiction. Little did we realize how much the early technology would come to change how we shop, how products are delivered, how we choose what to watch, and yes, even how we find our life partners. Behind the scenes, AI has found its way into nearly every industry, including dentistry.
By using a primarily digital environment, today’s dentists can now find the perfect match (whether practice or person), manage the evaluation, and complete a transaction with greater efficiency and success. AI has the potential to uncover great opportunities a dentist may have overlooked, similar to Netflix, StitchFix, Priceline, or other tech-first companies.
Dr. Ebert built a successful dental practice from scratch. After selling her practice, she became the dental director of a federally qualified health center where she provided high quality care to underserved populations. Today she focuses on the mentorship to ownership approach.
Company is recognized for its state-of-the-art online matching platform designed to support digital transformation in the dental industry.
The pandemic hit dentists hard. Many find themselves closing their practices, especially in rural areas. Patients are putting off appointments too, risking their health in the process.
The answer to “what does it actually cost to sell a dental practice?” is as you’d expect – it depends. Numerous factors play into selling a dental practice and make each sale unique, impacting the total cost. This article will discuss some of these factors, offer a range of costs, and explore ways to minimize or avoid those costs.
Buying or exiting a business can be an exciting and profitable venture, but it’s essential to do your due diligence. Whether you run a dental or medical practice, a small family-run company, or a large corporation, the general steps remain the same.
Independent dentists who work in rural areas and suburbs across Massachusetts are in a vulnerable spot. The dental practice landscape is changing, and the small, private practices that are an essential part of the fabric of these communities may soon disappear.
The American Dental Association (ADA) Business Innovation Group (ADABIG) today announced Tim Steffl as its new president and chief executive officer. In this position, Steffl will be responsible for establishing short and long-term profitability and measureable growth of ADABIG to meet strategic and financial goals, as well as creating a strategy for increasing and scaling ADA Practice Transitions.
There's a problem, according to the American Dental Association. Younger dentists aren't settling in rurual areas. The Result is less access to quality dental care.
I’d like to sell my practice in the next five years. I know the potential buyers and brokers will look at my P&Ls for the past few years, but what other practice data do they look at? Which practice numbers should I focus on improving?
As a part of our series about “Five Things You Need To Know If You Want To Build, Scale and Prepare Your Business For a Lucrative Exit, I had the pleasure of interviewing Dr. Suzanne Ebert.
In my work, I talk to dentists from across the country who are preparing for career transitions. Some are retiring and taking the next step on their long-planned path, but others face outside forces that make them rethink their priorities and goals.
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