Finance

Laura Dorr is the former executive editor of DPR's Modern Dental Network and a regular contributing author.

Articles

The metric prerequisites for dentists thinking about expanding to a new location.

Know When to Grow Your Practice

Gavi Cohn is a partner at Apex Reimbursement Specialists, a dental practice revenue cycle and practice management consulting firm headquartered in Baltimore, MD.

In this first of a series of articles from Apex Reimbursement Specialists, we address why it’s important for dental practices to understand and master revenue cycle management. 

Why Revenue Cycle Management Is Critical to Dental Practice Success

Bruce Bryen is a certified public accountant with over 45 years of experience and is a part of Baratz & Associates CPAs. He specializes in deferred compensation, such as retirement planning design; income and estate tax planning; determination of the proper organizational business structure; asset protection and structuring loan packages for presentation to financial institutions. He is experienced in providing litigation support services to dentists with Valuation and Expert Witness testimony in matrimonial and partnership dispute cases. He is also a financial writer for several dental journals. You may contact him at 609-502-0691 or at 

Different states and different individual circumstances can have an impact on dentists’ decisions about going to court or attempting to mediate a divorce settlement without court. 

Understanding Equitable Distribution, Community Property, and Goodwill When It Comes to Divorce Settlements

The best way to recover from the financial impact of a violation is to prevent it from happening in the first place, but when it does occur there are actions that can help mitigate the problems and assist in the recovery.


Getting Back on Track: How to Recover from the Financial Impact of a HIPAA Breach

Integrated into the Denticon practice management platform, Denticon Pay provides encrypted data transfer for efficient payment processing.

Planet DDS Announces New Denticon Pay Integrated Payment Acceptance Solution

Dentists who want to have a practice that grows in value and worth must take the measures to make it happen.

Get the Lead Out and Stay on Top of Your Practice

Startup leverages AI workflow optimization to streamline procurement process for dental practices. 

Wellplaece Launches New Dental Procurement Solution 

When it comes to selecting the right dental practice evaluator for your valuation, a little patience and homework can go a long way.

Hurry Up and Wait for the Best Practice Evaluator

How to avoid getting stuck in a bad contract or signing up for something you can’t use.

Business Deal Red Flags for Dentists

Kyle Francis is the president and founder of Professional Transition Strategies (PTS). After receiving his bachelor’s degree in Entrepreneurship and Professional Sales from Baylor University, Kyle completed the MBA program at the University of Colorado with specialties in Finance and Strategy.

In 2007, Kyle created PTS (formerly Headwaters Practice Consultants) to facilitate the sale of over 400 dental practices exclusively as a seller’s representative. His M&A work has resulted in over $2 billion in total deal flow for his clients. His specialty is offering unique options to sellers allowing them to explore individual, group, and private equity investments to achieve the transition goals of his clients.

Along with his M&A work, Kyle has consulted for practices, medical device companies, and groups of practitioners. He has used this knowledge to help build more than 100 medical and dental start-ups and has helped construct another 100 locations. More recently, he has been an advisor to many practice groups across the country. He has owned all or part of more than 30 practices and has been an investor in multiple DSO concepts.

He and his family live in Colorado Springs where he enjoys golfing, skiing and hunting as often as he can.

If you’re thinking about a practice transition, keep in mind that not all offers are the same, and deal structures vary. 

Money