Due Diligence for Practice Sales: Reviewing Patient Charts

Posted by Bill Kimball, DDS on November 9, 2018 at 11:51 AM

Performing due diligence on patient charts can be a big undertaking, but it should not be overlooked. By examining the charts, you can tell what type of dentistry the seller performs, how the practice cares for and follows up with patients, how patients are scheduled, and how the practice makes financial arrangements.

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Topics: Buyers

Due Diligence for Dental Practices: Scheduling

Posted by Bill Kimball, DDS on November 2, 2018 at 12:24 PM

Once you have a signed Letter of Intent, it’s time to take a closer look at your potential new practice. Due diligence is one of the most important aspects of preparing for a successful dental practice acquisition. 

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Topics: Buyers

Happy Halloween from IPS!

Posted by Trevor Kimball on October 26, 2018 at 1:34 PM

Happy halloween, everyone! 

I cannot believe that we're almost through October. This is one of my favorite times of the year. It's always a relief when the days start to cool down, the leaves start turning, and the days begin to get shorter. 

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Topics: Sellers

Financial Due Diligence for Dental Practices

Posted by Trevor Kimball on October 18, 2018 at 2:42 PM

Once you have a signed Letter of Intent, it’s time to take a closer look at your potential new practice. Due diligence is one of the most important aspects of preparing for a successful dental practice acquisition.

There are several important indicators that offer insight into practice performance. In this blog post, we will look at the financial side of due diligence.

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After the Close: Meeting the Team

Posted by Bill Kimball, DDS on October 5, 2018 at 9:48 AM

So you’ve just successfully closed on your new practice and you’re excited…but you're also nervous about how the new patients will react to you. In this blog post, I’d like to share one of the most important…and most overlooked…aspects of patient retention after a sale.

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Topics: Buyers

Practice Ownership Options: Solo Practice or Partnership?

Posted by Bill Kimball, DDS on September 28, 2018 at 1:07 PM

 

When you’re thinking about buying a dental practice, there are two primary paths to ownership: solo practice or partnership. Will you buy 100% of the practice or less than 100%?

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Topics: Buyers

Clinical Styles and Practice Acquisition

Posted by Bill Kimball, DDS on September 21, 2018 at 12:13 PM

We all have different clinical styles and beliefs. Finding a practice that is close to your style can make the transition much smoother.

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Topics: Buyers

Preparing to Buy a Dental Practice: Setting Financial Goals

Posted by Trevor Kimball on September 14, 2018 at 10:14 AM

While closely related to personal goals, financial goals deserve a blog post of their own. When you are thinking about buying a dental practice, it is important to understand how your personal finances can affect your ability to get a loan and live the lifestyle you want.

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Topics: Buyers

Are you ready to buy a practice? Setting Your Personal Goals

Posted by Trevor Kimball on September 7, 2018 at 12:53 PM

Are you ready to buy a dental practice? There are many factors that play a role in this important decision: personal, financial, and clinical. This post will focus on the personal aspects of deciding whether to purchase a dental practice.

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Topics: Buyers

Preparing Your Dental Practice to Sell

Posted by Whitney Tharladson, MBA on August 31, 2018 at 2:32 PM

Selling your dental practice is one of the most important business decisions most dentists make. And like any important decision, preparation goes a long way.

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Topics: Sellers

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