OUR PROCESS
THE TRUSTED TRANSITION PROCESS®
Clear. Consistent. Complete.
While there are countless factors to consider when it comes to buying and selling dental practices, one of the most important is what happens during the transition. These types of transactions are not only about the dentists doing the selling and the dentists doing the buying. It also affects a building full of employees and a long list of dental patients that would rather not see any major interruptions in their schedules.
To help with your dental transition, DDSmatch has put into place what we call the Trusted Transition Process. This process is designed to ensure that even as a practice undertakes a change in ownership, the employees at that practice can still count on a paycheck. All the patients with forthcoming appointments can count on the new owner of the practice to honor their calendars.
There are many different aspects to the Trusted Transition Process, each of which is designed to make sure the incoming dentist can pick up where the outgoing dentist left off. This can involve DDSmatch helping a new dentist visualize what they want for themselves and their practice moving forward, but it also involves finding the best match possible for those buying dental practices for sale. It even makes sure that current employees don’t see any disruption in their benefits as the practice turns over to ownership. In a nutshell, the Trusted Transition Process exists so only the buyer and seller notice major changes. For everyone else, the transition should be as seamless as possible.
Conceptual Transition Experience
We help visualize your future, set achievable goals and devise strategies to start you in the direction of your post-transition dreams, well in advance of your intended dental transition timeframe.
Strategic Practice Outreach
We identify the unique aspects of your practice and share them strategically and confidently with our extensive network of pre-screened viable candidates. We pair today’s technology with a human touch to determine potential matches.
Trusted Valuation Analysis
Clinical Opportunity Blueprint
Using Dr. Charles Blair’s “Practice Booster Clinical Treatment Analyzer” we reveal your practice’s potential in a 70-page report. This blueprint of opportunities detailing production mix and intensity, new patient flow and more will give potential buyers confidence in their future success.
DDSmatch Interview Alignment
After potential matches are discerned, our advisors will lead an in-depth interview so you can determine the best match for yourself, your staff and your patients.
Dental Advisory Connection
We work with attorneys, accountants, practice management consultants and financial advisors to foster a smooth transition. Most of our Professionals have a Real eEstate license and can assist with building and land sales.
Vision Alignment Completion
For the final stage of the process, our team will engage advisors from both sides to provide the necessary documents, including purchase agreements, post-transition employment agreements and building leases to successfully complete The Trusted Transition Process.
The Trusted Partnership Process™
Clear. Consistent. Complete.
While DDSmatch facilitates the sales of many dental practices each year, we also do great work in matching aspiring dentists with existing practices in need of some help. While hiring an associate dentist can seem like an easy enough process, it can be challenging to find a dentist that is going to work best in the culture of your practice. Knowing that you could spend a good chunk of your career working with this person, is imperative that you get the hire right.
That’s where DDSmatch can help with our Trusted Partnership Experience. We can help existing practices sort through the several dentists looking for associateships through our search engine. There are many ways this process is effective in finding this match, but we often will start by taking stock of what the dentist and the associate dentist want to get out of their careers together, and then we use personality tests to make sure they’ll be a good match.
Sorting through applications, resumes, and references can feel overwhelming, especially when it’s a decision as big as hiring an associate for a practice. Thus using the DDSmatch search to find a potential good pairing and then allowing our experts to make sure the fit really does work is perhaps the best approach to finding the sort of partner who will share your love for dentistry and your vision for where you want the practice to go moving forward.
Conceptual Partnership Experience
We help visualize each person’s future in the practice, set achievable goals and devise strategies to start both dentists in the direction of their post-transition dreams. A clear picture of the process is established for both parties.
Clinical Opportunity Blueprint
Using Dr. Charles Blair’s “Practice Booster Clinical Treatment Analyzer” we reveal your practice’s potential in a 70-page report. This blueprint of opportunities detailing production mix and intensity, new patient flow and more will give you a framework for how to integrate a partner into the practice.
Trusted Valuation Analysis
DDSmatch Partnership Alignment
Finding the right partner can be difficult. We utilize Kolbe personality testing to assess the nuances of the potential partner. Testing is done on both clinicians and key staff memebers to confirm a good match for the practice, your patients and your staff.
Dental Advisory Connection
We work with attorneys, accountants, practice management consultants and financial advisors to foster a smooth transition. Most of our Professionals have a Real eEstate license and can assist with building and land sales.
Preliminary Practice Integration
A timeframe is arranged for the partner to join the practice as an independent contractor. Practice values, work schedulues, dentist and staff expectations are determined. Commitments are made and non-competition agreements are signed to protect the Miller’s patient base and legacy.
Vision Alignment Completion
For the final stage of the process, our team will engage advisors from both sides to provide the necessary documents, including purchase agreements, post-transition employment agreements and building leases to successfully complete the Trusted Partnership Process.