The Truth Behind Taking on Corporate Partners
You’re ready to sell your practice, but what really happens once you close the deal?
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I Already Have an Offer – Why Should I Pay You?
When you’re prepared to sell your medical or dental practice, it’s easy to become overwhelmed trying to manage the sales process while running a daily practice. It may seem like a simple next step to field a direct offer from groups like Dental Support Organizations (DSOs) because of their streamlined approach to purchasing your practice. The simplicity of having a direct offer on the table may also seem compelling to you as a practitioner who does not have time to think about how to shop around for the best price.
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What should you look for in a Health Care Practice broker?
Selling your practice is likely the largest financial decision you will make in your lifetime, so it is important to choose a health care practice broker you trust. To help navigate this crucial choice, we have compiled a list of three qualities you should take into account when hiring a medical broker to assist with the sale of your practice.
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We made it on the Annual Inc. 5000 list
AUSTIN, TEXAS August 16, 2022 – Inc. revealed that The Practice Companies ranked on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia,
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What Does Practice Valuation *Actually* Mean?
You’ve likely heard the term practice valuation, perhaps from a fellow doctor, or slung around online but do you know how Transitions Brokers arrive at the listing price for dental practice or medical practice?
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Lauren Wheeler Joins Practice Transitions Group
Practice Transitions Group is excited to announce that Lauren Wheeler has joined the company as a Sell Side Healthcare M&A Advisor. “I couldn’t be more excited that Lauren made the jump over here,” said Thomas Allen, CEO and Founder of Practice Transitions Group (PTG). “We are fortunate to be growing our M&A business at a
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When You Need a Certified Valuation
As you begin to explore selling your practice, you may have heard that you need a certified valuation. You may have also heard the term appraisal, broker’s opinion of value, or valuation.
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EBITDA 101
When dentists are looking to sell a dental practice to a Dental Service Organization (DSO), one of the most important terms they need to understand is their EBITDA.
Seller’s Discretionary Earnings
If you’re thinking of selling your practice, likely in a doc-to-doc transition, one of the terms that’s the most valuable is SDE or Seller’s Discretionary Earnings.
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A Dental Practice Valuation That Grew Despite the Coronavirus Pandemic
Crown Dental was founded by Dr. Emily Lee in 2005. She worked relentlessly to make it one of Houston’s most well-known offices. After years of hard work, the practice had grown to nine locations, and Dr. Lee wondered about a dental practice valuation.
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