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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.
Objectives:
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