Drilling It Down

Drilling It Down


DID Monthly: DSOs, Partnerships, and Financial Realities

October 10, 2023

Have you ever wondered what the financial implications of aligning with a Dental Service Organization (DSO) might be? Understand the inherent risks and rewards as we dive deep into the turbulent world of dental services. We explore the impact of inflation and rising interest rates on the value of dental practices. Simultaneously, we bring to light the disappointing outcomes some dentists have faced due to unfulfilled promises from DSOs. In these transactions, we emphasize the importance of maximizing cash and minimizing risky components like stock and earn-outs.

 

The landscape of dental practice transitions is shifting - with an incredible lean towards partnerships. We share insights into this remarkable transition, discussing the potential benefits, the significance of timing when selling a practice, and how early planning can make all the difference. If you're contemplating selling your practice or considering partnerships, this episode will provide a balanced perspective. Jonathan shares his wisdom on the potential of selling to a DSO, the attractiveness of a partnership, and the importance of understanding your financial situation early on to avail the best options.

 

Finally, we tackle the crucial factors of cash flow management, retirement planning for doctors, and the advantages of money market funds in an era of rising interest rates. We expose the risks of tax fraud when claiming employee retention tax credits, and discuss strategies for year-end planning. Don't miss out on this wealth of knowledge that is especially useful for those running a dental practice. Join us for an enlightening, and possibly life-altering, discussion on these critical financial topics.


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