This presentation will review practice modality options available in the market today and the financial and operational considerations of solo, group and corporate practice models. The expansion of group and corporate practices will be also discussed, along with what to consider if you are planning to bring in a partner or sell your practice. Today’s orthodontists have more options than ever in regard to how to operate, who to partner with and how to transition their practice. This presentation will outline the options and considerations for these important decisions and discuss the variety of compensation models.
Discuss the motives for entering different types of orthodontic business models
Identify and respect each party’s goals and perspectives during a transition
Examine profit allocation methods and understand what’s best for your career goals
Doug Copple graduated from Appalachian State University where he earned his Bachelor of Science in Business Administration (BSBA) and Master of Science (MS) degree in Accounting. Doug joined Bentson Copple & Associates, LLC in 2004 and became a partner in the firm in 2005. Prior to Bentson Copple & Associates, he was an Audit Senior for Ernst & Young, LLP, and an Audit Associate/Senior for KPMG, LLP. Doug is a Certified Valuation Analyst (CVA), a designation granted by the National Association of Certified Valuation Analysts (NAVCA) after completing specific training and testing requirements and reaching a certain level of experience. Doug ensures the firm’s practice valuations are properly performed and adhere to generally accepted valuation standards. He is also integral in structuring and negotiating orthodontic partnerships and purchase transactions and the related tax and structural issues between buyers and sellers.
Length of session: The session is scheduled for 90 minutes.
Price: $0 for Members
Continuing Education: Each participant who completes the Webinar will earn 1.50 CE for the entire session.
Continuing Education Disclaimer:
This Continuing Education Program provides attendees with a relevant and rewarding continuing education experience. However, neither the content of a course nor the use of specific products in any program should be construed as indicating endorsement or approval of the views presented or the products used by the AAO or by any of the respective subsidiaries. Speakers are required to disclose to participants any financial, commercial or promotional interest in a product or company that may influence their presentations; however, the AAO shall not be liable for a speaker’s failure to disclose such interest.
American Association of Orthodontists is an ADA CERP Recognized Provider. ADA CERP is a service of the American Dental Association to assist dental professionals in identifying quality providers of continuing dental education. ADA CERP does not approve or endorse individual lectures or instructors, nor does it imply acceptance of credit hours by boards of dentistry. Concerns or complaints about a CE provider may be directed to the provider or to the Commission for Continuing Education Provider Recognition at ADA.org/CERP.