North Texas Dentistry Volume 11 Issue 1 | Page 19

sonal service . Some of them buy all of the practice , some only a part of it . They are not interested in the real estate if you own your own building . They go by various abbreviations – DSO , DMO , DPO , DOO , DMOA , MSO . They are a management company that drives production expectations , controls the vendors and labs , specifies the quality of supplies and equipment used , and they have final approval on hiring decisions . If the dentist stays to work for the commercial owner , it will become apparent that the drive to maximize enterprise value is inherently at odds with the provision of the same quality care the dentist was used to providing . And no commercial buyer pays you full price for your practice .
If you are comfortable not knowing who will be treating your patients , if you think that your patients would receive better care and treatment by some dentist who is ready to quit and move on to another practice , then this should not be a problem for you . However , there surely are better options , such as a traditional practice transition . It might be the most important decision of your life – and the best one for your patients . If your practice is worth anything , it is certainly worth much more to another dentist ready to provide quality care to your faithful dental family .
Only a true Transition Specialist will understand your practice and you and is qualified to help analyze your present situation and to define appropriate practice transition options that will meet your very unique short and long term needs .
Dr . Richard Lyschik ’ s practice transition , staff training and doctor coaching services are customized for the single dentist , as well as the multi-practice owner and entrepreneur . His Dental Office Network Team has helped thousands of dentists acquire , expand , merge , and build from the ground up . Retiring , disabled , “ burned out ”, and relocating dentists have sold their practices with dignity and for top dollar . The Dental Office Network Team has broken numerous national sales records – just ask any major lender !
The Practice Rescue Department additionally offers expertise with fraud detection , policy , and compliance issues , and has resurrected practices in demise . Our Practice Rescue experts have lectured across the country on healthcare fraud to sold-out crowds .
To discuss your practice ’ s future pathways , its income security , and your ultimate transition plans , or if you need expertise with a current critical practice related emergency , work only with a Premier Transition Specialist ; a seasoned dentist who “ speaks your language .”
Your Transition Specialist , Richard V . Lyschik , DDS , FAGD , CFE Info @ OfficeNetworkUSA . com or call ( 214 ) 893-0410
www . northtexasdentistry . com | NORTH TEXAS DENTISTRY 19