In the last blog we talked about the purchase of a “large” practice with multiple doctors and the related issues with those transactions. In this blog we’ll address the “buyin” transaction where the seller isn’t ready to sell 100%, rather they want a buyer who will partner with them by acquiring up to 50% of…Read More→
Category: Dental CPA Blog
SEC 199A – BETTER KNOWN AS QBI & QBID
There’s been quite a bit written on this new tax deduction for small businesses so while I don’t want to re-write the same articles I thought it would be helpful for dentists to be aware of some of the nuances of this new deduction now that year-end planning season is upon us. You should speak…Read More→
Subscription-Based Dental Care On the Rise
Concierge health care is becoming more popular among doctors who want an easier way to serve patients without the hassle of insurance companies. In this newer model of healthcare, patients can select a membership plan with their general practitioner, pay out of pocket every month, and enjoy a range of health services at that office…Read More→
Could Dentistry Disrupt Healthcare?
Healthcare and dentistry continue to evolve, and the intersection of the two has never been closer. As dentists, you already know how valuable quality dental care is to your patients’ overall health. And, with the continued doctor shortage, dentists could be well-poised to fill a needs gap for patients. What if you could work more…Read More→
How The Floss Bar Is Innovating Dentistry
Continuing our series on innovative disruptions in the dental industry, we’re looking at what could be the future of dental hygiene: floss bars. Love them, hate them, or never heard of them, this trend could transform the way people receive basic preventative dental care. The Floss Bar offers an on-demand, potentially lower-cost alternative to traditional…Read More→
Buying a Dental Practice, There’s More To It Than Price-Part V: Buyins/Buyouts/Mergers & Special Situations
My past blog talked about non-traditional GP practices and how you should approach them, this blog will talk about the “large practice” GP practices and the various ways you’ll need to deal with them. What do I mean by “large practice”? The “large practice” is one which usually requires at least two dentists to handle…Read More→
How is Teledentistry Disrupting the Dental World?
This month on the Dental CPAs blog, we’re exploring topics that discuss disruption. Dentistry hasn’t always been known as an industry at the forefront of change and innovation, but advances in healthcare and technology are altering that perception. Do you have an idea for a future blog post on dental innovation, or is your dental…Read More→
Buying A Dental Practice: Buyins/Buyouts & Mergers
Next up I’ll talk about the “non-traditional” general dentistry practice and how you need to approach those situations. What do I mean by “a non-traditional general dentistry practice”? I’m referring to general dentistry practices that have developed somewhat of a specialty niche that they focus on within their general dentistry practice. This could be services…Read More→
How to Tell If the Dental Practice Is a Good Fit: Tips for New Dentists
Luckily for new dentists, there are many options when it comes to joining a practice. There are small, two- or three-operatory chair practices. There are multi-location dental partnership groups, corporate dental practices; practices in cities and rural communities, and everything in between. How do new dentists know which one will be a good fit? Observe…Read More→
Navigating Associate Contracts for New Dentists
When new dentists join a practice as an associate, they should get used to signing their name. Associate contracts require careful review and often involve several provisions, like employment, compensation, time off, non-competes, and more. When you’re just starting your career, how do you know whether these items are in your favor? Read on for…Read More→