Dr. Glenn Dubroc will explain how a single-owner practice can be just as financially rewarding to someone as being part of a large practice. He will carefully walk you through the financials in order to allow you to suceed.
Curious about what it takes to open a practice from scratch? Join Dr. Emily Funk as she walks you through the process of launching a start up practice from idea to reality. She’ll detail the steps she took to build her practice as a new graduate and help you prepare to do the same.
3 Learning Objectives:
This program is worth 1.25 CE.
The information contained in this program represents the views and opinions of the panelists on practice models.
Join this AAO panel of distinguished members for a discussion on To Be or Not to Be (a Part of a DSO) This is the Question. Dr. Jahnavi Rao will moderate and discuss DSO/OSOs with the panel consisting of Dr. Anil Idiculla, Dr. Osama Eissa, Dr. Neil Kravitz, and Dr. Lauren Wiese.
Attendees will hear each panelists' own experiences with DSO/OSOs, Dr. Rao will discuss with the panel ways that doctors can pursue growth within a DSO/OSO framework, when it might or might not be the right time to sell to or be part of a DSO/OSO, and a range of other questions with the panel. After that, she'll open the program up for members to ask questions.
CE is NOT available for this session.
Doug Copple and Shannon Patterson discuss Corporate Employment Models with DSO/OSO for Orthodontists (1.25 CE). This lecture will focus on the fast-growing Dental/Orthodontic Service Organization (DSO/OSO) market. Many residents and younger members are not sure if a DSO/OSO practice model is right for them. Arm yourself with knowledge to understand this trend and its impact on the industry and your practice. Topics discussed include:
Three Learning Objectives:
Doug Copple and Shannon Patterson, Bentson Copple & Associates present Considerations for Orthodontic Partnerships in Private Practice (1.25 CE). This lecture will discuss orthodontic partnerships in private practice. As future provider demographics continue to shift we anticipate partnerships to be one of the fastest growing sectors in our industry. Shannon and Doug will discuss the following topics:
Part 2 (.50) of this program looks at understanding Associate Agreements. We will examine the important issues relevant to an associate agreement, providing attendees with an understanding of the fundamentals of an employment agreement.
Part 1 of Partnerships, Acquisitions, Associates, OH MY! (1.25 CE) of this course will discuss (1) how to acquire a practice, (2) properly bring in an associate and protect your patient base and (3) how to plan for either a partial sale or a full transition of your dental practice. We will evaluate trends in the industry, valuations, legal structure of practice acquisitions, timing of sale, and more. Partnership models and lease/real estate concerns relative to practice acquisitions or sales will be touched upon.
Dental partnerships sometimes get a bad rap. Almost every dentist knows someone who has been in a partnership that ultimately failed for some reason, leading many to overlook or dismiss what can be a very lucrative and fulfilling business model. For every failed partnership, there is a long-standing, harmonious partnership that provides its owners with numerous benefits, both quantitative and qualitative. It is due to these benefits and many recent industry trends that we have seen a steep increase in the number of partnerships. In this presentation, we will discuss the pros and cons of this sometimes polarizing business model and will explore ways that doctors considering this path can achieve success by avoiding common pitfalls.
After this lecture, you will be able to:
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.
The direction of the market is important to understand. This presentation will suggest five major shifts to consider for the next decade. Some of these trends will affect the way we practice and who we practice with. More options are available today than ever before. The value of a practice has many components and this presentation will highlight key factors in valuation outcomes, which will be useful to orthodontists in all phases of their practice life cycle.
Presented by: AAOF