MORR Perspectives

The middle market group practice space is by far the fastest growing segment in the dental industry and relies heavily on strong financial backing to maintain its growth.  But what happens if the money runs out? Prior to the New Year, East West Bank and Opus Bank exited the dental industry, leaving an unknown number of dental organizations with overwhelming debt and a weakened financial structure. While not every middle market group dental practice or DSO depended on these institutions, it’s important to understand the implications of the move.

Selling a dental practice is no walk in the park, especially for first-timers. There are several factors to consider ahead of time and more than a few balls in the air at once when the process begins. Not only that, there is a significant learning curve when it comes to group practice buying terminology and strategies. If you’re interested in selling your dental practice, take some time to brush up on the vocabulary you’re likely to run into during the process. We’ve compiled just a few to get you started.

Whether you are fresh out of school or a seasoned veteran, as a first time buyer there is a world of opportunity ahead of you. The first big question is “Should I buy an existing practice or start fresh with a new one?” While each has their upsides and downsides, choose what makes the most sense for your level of experience and tolerance for difficulty.