- Saturday 1/27/2024
- Time: 1:00 - 2:00 pm
- Course Code: 740SL
- Cost: No Charge
- Room Location: BCEC Room 258 A
- Credits: 1 CE Hour
Pathway Into and Out of Practice Ownership
Kathy Ells, Kathy is experienced in transitioning more than 1,500 dental practices over the last 25 years. Providing solutions for lending for practice acquisitions, startup's, renovations, partnership buy-in/outs and refinancing. Beginning her career as an accountant has laid the foundation for providing financing solutions and by continuing her education obtaining a Masters of Business Administration (MBA) and a Masters in Organizational Leadership (MSOL). Kathy has lectured over the last 25 years at local, regional and national dental events.
Ronald Perry, DMD, MS is a full time professor who received his BA from Boston College in 1984, a DMD from Boston University Goldman School of Dental Medicine in 1988 and graduated with his M.S. in Dental Research from Tufts University in 1999. He has authored over 50 articles and 150 abstracts dealing with a variety of dental topics such as bonding, composite wear, prosthodontic materials and technology, whitening, practice management, and dental laboratory communication, he lectures internationally. Dr. Perry is a Fellow in the Academy of General Dentistry, the American College of Dentists, the International College of Dentists and the Academy of Dentistry International. He was the Director of the Gavel Center for Restorative Dental Research at Tufts University School of Dental Medicine. He is currently the Director of International Student Program in the Department of Comprehensive Care at Tufts University. Dr. Perry is a Product Evaluator for various dental companies and publishes regularly in various trade journals. Dr. Perry is an associate in private practice in Brookline, MA.
Are you thinking about going into practice ownership or exiting practice ownership, and are looking to purchase, start a practice or sell your practice?
If you are buying a practice, this course will help you with preparing for ownership; transitioning into owning your practice and what happens after the transition.
Are you thinking of starting a practice and want to understand how to attract your patient base, develop your project team, determine a budget and size of your facility, find space, and get your financing in order?
Or are you thinking of selling your practice and need assistance in presenting the office for sale, determining a purchase price, and gathering the required information to transition the practice?
In this course we will discuss financing and building your team of advisors, in addition to what to expect after the transition.
- Learn how to find a practice for sale and present yourself as a qualified candidate
- Review cash flow, find a lender and walk through due diligence
- Prepare your practice for sale, set an asking price and transition the practice
- Identify a patient base and develop projections, budget if you are starting a practice
- Preparing the office for sale, set an asking price, and gathering the required information to transition the practice
- We will be walking through how to obtain financing and setting up your team of advisors, in addition to what to expect once you have transitioned into practice ownership
Recommended Audience: Dentist
The Next Step Dental Consulting, LLC grant has been applied to this course.
The Massachusetts Dental Society is an ADA CERP Recognized Provider. ADA CERP is a service of the American Dental Association to assist dental professionals in identifying quality providers of continuing dental education. ADA CERP does not approve or endorse individual courses or instructors, nor does it imply acceptance of credit hours by boards of dentistry. Concerns or complaints about a CE provider may be directed to the provider or to the Commission for Continuing Education Provider Recognition at ADA.org/CERP.