Why ADA Practice Transitions Isn’t Just Another Broker

Posted by Bill Robinson, ADAPT President & CEO on 10/1/19 9:03 AM

In April, the American Dental Association launched a pilot for a new service: ADA Practice Transitions. Our goal is to make the process of joining, expanding, or leaving a dental practice more predictable and successful. The pilot is currently available in Wisconsin and Maine for all dentists looking for opportunities in those states. (We will soon be expanding to other states – sign up to be notified of the program’s growth.)

Some have said that the ADA is just replicating the current broker market. While there is some natural overlap, ADA Practice Transitions takes a completely new approach that’s designed to address a major need: finding the right person or practice for a successful transition.

Read More

Topics: owner dentist, associateship, purchase a practice

Transition Tales: Why Practice Transitions Should Be a Family Affair

Posted by Bree Simmers on 9/17/19 9:05 AM

This is part of the Transition Tales & Truths series in which we discuss practice transitions with real dentists currently in the process.

We recently met Dr. Joe, a recent graduate working in a DSO with dreams of buying his own dental practice. Dr. Joe joined ADA Practice Transitions to pursue his goals and is working with his ADA Advisor to narrow down the best path forward.

The “life” in “work-life” balance is very important to Dr. Joe and his family. The desire to build a good life for his family guides every step of his journey.

Read More

Topics: incoming dentist, owner, looking for a job, associateship, purchase a practice

Transition Tales: Navigating a Path to Ownership

Posted by Bree Simmers on 9/10/19 9:05 AM

This is part of the Transition Tales & Truths series in which we discuss practice transitions with real dentists currently in the process.

Meet Dr. Joe. He’s a year out of dental school, working in a DSO in a new-to-him city. He grew up on a farm and watched his parents run their own business – and has always wanted to do likewise.

Dr. Joe’s first year of practice has given him real-world experience by letting him focus on dentistry. Working in a DSO has exposed him to a variety of staff characteristics and helped him crystallize what his ideal team might look like.

Read More

Topics: incoming dentist, owner, looking for a job, associateship, purchase a practice

What Went Wrong Wednesdays: My Restrictive Covenant Was Too Restrictive

Posted by Dr. Suzanne Ebert, ADA Advisor on 9/4/19 7:05 AM

Welcome to “What Went Wrong Wednesdays,” a series in which we explore common problems of practice transitions – and offer tips to help you avoid them.

Many dental contracts include some version of a restrictive covenant, also called a non-compete clause. These clauses prohibit an employee from practicing within a specific geographical area (typically a defined radius) for a certain period of time after leaving a practice. These covenants generally also have a non-solicitation clause that will bar an associate from directly soliciting the employer’s patients or other employees.

This clause helps protect an owner dentist from competition – but it can also limit an associate’s career movement.

Read More

Topics: incoming dentist, retiring, owner, associateship, purchase a practice

What Went Wrong Wednesdays: 3 Contract Issues that Got Expensive

Posted by Dr. Suzanne Ebert, ADA Advisor on 7/24/19 4:09 PM

Welcome to “What Went Wrong Wednesdays,” a series in which we explore common problems of practice transitions – and offer tips to help you avoid them.

Read More

Topics: incoming dentist, retiring, owner, associateship, purchase a practice

Don’t Settle: Identify the Ideal Practice for You

Posted by Dr. Suzanne Ebert, ADA Advisor on 6/24/19 10:48 AM

There’s no such thing as a typical dental practice. They can range from homey rural offices to busy urban spaces, with everything in between.

Read More

Topics: incoming dentist, associateship, purchase a practice

You Decide: Choose the Best Option for Your Career

Posted by Dr. Suzanne Ebert, ADA Advisor on 6/21/19 11:50 AM

Looking for your next dental job? Whether you have recently graduated from dental school or have a few years of experience, you have plenty of options.

Read More

Topics: incoming dentist, associateship, purchase a practice

Subscribe Here!

Popular Posts