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Have you considered joining a DSO?

Jul 20, 2022 2:30:00 PM / by Everything DSO

You may think, “I am doing well. I make a lot of money. I love what I do. Why would I join a DSO?”

The first reason would be; you trained to be a dentist, not an administrator. You received little, if any training on running the management side.

Other benefits to consider joining the right DSO may include;
Take some of the equity out of your practice and put it somewhere safe that the current economic turmoil can’t hurt it.
Not have to deal with employee issues, marketing challenges, office politics, etc.
Professional management will run your practice leaving you with happy staff, patients booked weeks in advance, and most of your time spent with your fingers in someone’s mouth instead of on a computer keyboard.
Rising costs, competitors, HR issues, payroll, associate doctor mutinies, and all the other problems you currently deal with daily or no longer your problem.
If you have a debilitating accident or illness and you can no longer practice, You won’t lose everything you’ve worked so hard to build.
You can treat patients to your heart’s content and earn as much as you want chairside.
You have the flexibility to schedule time off to travel, and play, and spend with friends and family anytime you want, without causing an upset.
You may enjoy all these benefits and retain enough equity in your practice to virtually guarantee another HUGE payday a few years down the road.

I have personally structured DOZENS of purchase agreements, and post-sale employment agreements that put millions of dollars in doctors’ pockets and gave them every one of the benefits listed above. If you think this may be the right strategy for you, 

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Tags: DSO

Everything DSO

Written by Everything DSO

 Stan Kinder

Which of these 4 DSO Strategies is best for YOU and Your Dental Practice?

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