Kristen Sciolino, D.M.D., practices in Lincoln, Maine — population 4,853. As a dentist in a small, rural community, Dr. Sciolino said her family wouldn’t have it any other way. She is just one of many new dentists who have chosen to practice in a rural setting, whether it be in public health or at a private practice or dental service organization. Find out how Dr. Sciolino and other new dentists found the right practice for a satisfying career and work-life balance.
Many dentists reach a point in their careers where they are done with owning a practice. Some are tired of managing the financials, dealing with payers, chasing down suppliers, and all the other headaches of practice ownership. Others have physical limitations that make daily practice difficult. And some want to capitalize on a hot market for practice sales. ADAPT's Dr. Suzanne Ebert offers options for owners who are done with practice ownership but not with dentistry.
In times of economic uncertainty, making the right investments is more important than ever. Here is what three dental leaders, including ADAPT's Dr. Suzanne Ebert, chose to invest in during 2022.
The Great Resignation has reached dentistry — especially as hygienists choose not to return to the profession. That’s why it’s essential that owner dentists take steps to retain their most valuable resource: long-tenured, knowledgeable staff who have built trust with patients. ADAPT's Dr. Suzanne Ebert explores the trend and offers advice on how owners can retain their best staff.
Bringing in an associate can be intimidating. You’ve built your practice’s reputation on a certain style of care and may have known some of your patients for decades. You want to know that Mrs. Smith will get the same quality and level of care she’s come to expect, regardless of which dentist she sees in your office. So what makes an associate “right” for your practice and patients? ADAPT's Dr. Suzanne Ebert shares advice on evaluating candidates to find a great fit.
ADAPT's Dr. Suzanne Ebert talks to Ross Brannon of the Financial Flossing Podcast. Together, they discuss how a dentist can grow or sell a practice, what buyers should look for beyond collections, and how owner dentists can plan ahead for a rewarding retirement that ensures their patients are cared for.
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. Dr. Suzanne Ebert demonstrates how much associate pay can vary depending on whether it's based on total production, billable production, or total collections.
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. Dr. Suzanne Ebert explores AI's fast-evolving role in dentistry — including how AI is leading to better matches between dentists and practices.
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. Dr. Suzanne Ebert explains how AI has the potential to help dentists uncover great practice opportunities they may have otherwise overlooked.
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.
ADA Practice Transitions 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. Dr. Suzanne Ebert discusses some of these factors, offers a range of costs, and explores 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. Dr. Suzanne Ebert shares her thoughts.
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.
© 2022 ADA Practice Transitions Proprietary & Confidential
