In this thought-provoking episode of ‘The Dental Deal,’ Brett and Christy delve into the intricacies of selecting a Dental Support Organization (DSO) to partner with. “How Do I Choose the Right DSO?” is a question asked by every practice undergoing a transition. Discover how qualitative and quantitative values are equally important when determining the ideal DSO for your practice.
This episode dives into the essentials of any dental partnership, touching on deal structure, equity, cash values, and more. We’ll help you make an informed decision that secures your financial future while maintaining the integrity of your practice.
We begin by exploring the fundamental concept that there’s more to a deal than just its monetary value. Learn how qualitative values, such as cultural fit, alignment of core values, and shared practice philosophies, can be just as critical as the financial aspect. Christy and Brett share their experiences and provide practical insights into striking the right balance between these qualitative and quantitative factors.
Deal structure is a pivotal point of discussion, as many dentists are keen on exploring the joint venture model. Discover the pros and cons of such arrangements and how they allow practitioners to remain actively involved in their practices while benefiting from the support of a DSO. Equity versus cash values is another subject we dive deep into, shedding light on the advantages and disadvantages of each option. Our guidance and insights are designed to help you evaluate your options and understand the implications of choosing one over the other. The goal is to help you make an informed decision that aligns with your long-term goals.
Whether you’re a seasoned practitioner looking to enhance your practice or a fresh graduate embarking on your dental journey, this episode is an indispensable guide to choosing the right DSO for your unique needs. We aim to secure our clients financial stability and the freedom to practice dentistry their way. Tune in to ‘The Dental Deal’ and take the first step toward a successful and fulfilling partnership in the dental industry. Reach out and connect with a 7 Pillars professional if you have any questions along the way.