The IDSO Advantage: Understanding the Benefits vs. DSO Partnerships
06/20/23 • 17 min
What if you could monetize your dental practice without losing ownership or autonomy? In the first-ever episode of Practice Partnership, LPS co-founder Chip Fichtner introduces the powerful potential of Invisible DSOs (IDSOs) for dentists seeking long-term wealth and success. We discuss how IDSOs differ (often for the better) from traditional Dental Support Organizations, including their unique partnership strategies and the impact of the current economic climate on practice values.
Chip also delves into the challenges dentists face in recruiting and the role an IDSO partnership plays in providing a path to ownership for associates. He also sheds light on the important criteria for practices to qualify for an IDSO partnership. Finally, don't miss our discussion on the essential elements of selecting a quality advisor with no conflicts of interest when considering an IDSO partnership.
This first episode is packed with valuable insights for dentists looking to enhance their practice's profitability and future success, so be sure to follow this show wherever you listen to podcasts to get new episodes monthly in your feed.
Large Practice Sales is the largest advisor to GPs and specialists of all kinds seeking to monetize all or part of their practice. If you're interested in learning the potential value of your practice in an IDSO partnership, visit our website or you can email us at [email protected]
What if you could monetize your dental practice without losing ownership or autonomy? In the first-ever episode of Practice Partnership, LPS co-founder Chip Fichtner introduces the powerful potential of Invisible DSOs (IDSOs) for dentists seeking long-term wealth and success. We discuss how IDSOs differ (often for the better) from traditional Dental Support Organizations, including their unique partnership strategies and the impact of the current economic climate on practice values.
Chip also delves into the challenges dentists face in recruiting and the role an IDSO partnership plays in providing a path to ownership for associates. He also sheds light on the important criteria for practices to qualify for an IDSO partnership. Finally, don't miss our discussion on the essential elements of selecting a quality advisor with no conflicts of interest when considering an IDSO partnership.
This first episode is packed with valuable insights for dentists looking to enhance their practice's profitability and future success, so be sure to follow this show wherever you listen to podcasts to get new episodes monthly in your feed.
Large Practice Sales is the largest advisor to GPs and specialists of all kinds seeking to monetize all or part of their practice. If you're interested in learning the potential value of your practice in an IDSO partnership, visit our website or you can email us at [email protected]
Next Episode
How to Choose the Right IDSO Partner for Your Practice
In our second episode, LPS co-founder and host Chip Fichtner delves into the need for a dedicated, non-conflicted advisor for your practice, and why you shouldn't ever go-it-alone on an IDSO. We'll also be discussing the key factors in selecting the perfect IDSO partner for your practice - from your specific geographical location to whether or not they've actually completed a transaction like yours recently. You’ll also find out about the surprising trend toward younger doctors in the IDSO world and how long a typical IDSO partnership process takes from start to finish.
This episode is treasure trove of information for any doctors considering an IDSO partnership, so be sure to follow this show wherever you listen to podcasts to get new episodes monthly in your feed.
Large Practice Sales is the largest advisor to GPs and specialists of all kinds seeking to monetize all or part of their practice. If you're interested in learning the potential value of your practice in an IDSO partnership, visit our website or you can email us at [email protected]
Practice Partnership: Monetizing Your Dental Practice - The IDSO Advantage: Understanding the Benefits vs. DSO Partnerships
Transcript
Hello doctors , i'm your host , Chip Fichtner , co-founder of Large Practice Sales , and you're listening to Practice Partnership monetizing your dental practice . This is the podcast where I teach you how to build long-term wealth by partnering with an invisible dental support organization and continuing as an owner and leader of your practice for years or decades , all while retaini
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