What's Driving the Record Consolidation of OMS, Pedo and Ortho Practices?

12/13/23 • 10 min

Practice Partnership: Monetizing Your Dental Practice

Today on Practice Partnership, we're talking about the fastest-growing segment of dental practice consolidation – the "Dental Trifecta" Invisible DSOs (IDSOs)! Chip Fichtner will teach you all about how Dental Trifecta IDSOs only partner with pediatric specialists, orthodontists and oral surgery practices, and why this model has led to the highest exit values in the history of DSOs. Chip also navigates the potential benefits and risks of partnering with a Dental Trifecta versus a single specialty DSO. He wraps this final episode of 2023 by thinking through the future Dental Trifectas and IDSOs over the next few years.

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]

Previous Episode

The Upside of Higher Interest Rates for Dentists

We all know interest rates have been rising – but what does that mean for your dental practice? Strap in for another insightful episode where host Chip Fichtner brings to light the surprising upside of increased interest rates on dental practice values. It's not all doom and gloom – the influx of new capital into dental consolidation has given rise to well-capitalized bidders and set record values for practices. The secret sauce? Leveraging liquidity and diversification opportunities through invisible DSO partnerships for high returns on cash and tapping into the dental trifecta for double-digit organic growth.
Chip also shares a refresher on the headline advantages of monetizing your dental practice through an IDSO partnership. It's not only about reducing day-to-day administrative and recruiting headaches – it's a golden opportunity to scale your practice and build it bigger, better and more profitable. The fact is, the right IDSO partner can be a catalyst in safeguarding your practice against turbulent times and creating generational wealth.

Next Episode

‘23 Practice Value Recap and Forecast for ‘24

In the first episode of the new year, Chip recaps the results of practice values and transactions in 2023 and forecasts what 2024 has in store for IDSO partnerships. In short, 2023 achieved record values for GPs and all specialties across the country. Any great growing practice today has unique opportunities in Invisible DSO partnerships this year!

This episode dovetails with a 61-minute webinar Chip is hosting on January 16th (at three evening times) that’ll dive deeper on the topics covered today. Head to largepracticesales.com and click on the Webinars/Events tab for more information and to sign up. This is your chance to learn how invisible DSO partnerships can drive a lucrative future for you and your thriving practice.

Other topics for today (and the upcoming webinar) include:

The key criteria IDSOs will consider this year when selecting their practice partners
The future of COVID earn-outs
Payer reimbursement rates for IDSOs vs. independent doctors
Why some IDSOs complete recapitalizations while some never will
The hot geographies in 2023, and the impacts of being considered a “rural” practice
The new recruiting tool that can virtually eliminate employee turnover

Practice Partnership: Monetizing Your Dental Practice - What's Driving the Record Consolidation of OMS, Pedo and Ortho Practices?

Transcript

Speaker 100:00:03.168

Hello doctors , I'm your host , chip Fitchner , co-founder of Large Practice Sales , and you're listening to Practice Partnership monetizing your dental practice .

Speaker 100:00:13.776

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 practi