5 Benefits of Having a Dental Attorney on Retainer
As a dental professional, staying informed about the ever-changing legal landscape is essential to protect your practice and reputation. To ensure you have expert guidance readily available, having a dental attorney on retainer can prove to be a game-changer. In this blog, we will delve deeper into the five key advantages of having a dental…
Lawyers for Dentists: Who Are They? What Do They Do?
The legal and dental industries are different in many ways, but similar in an important aspect: there are generalists and specialists. In the dental industry, there are general dentists and the various subspecialties of dentists focus on certain types of patient care. In the legal industry, there are general attorneys, usually solo practitioners and those…
What is a Group Purchasing Organization (GPO)?
Introduction A Group Purchasing Organization (GPO) serves as a conduit for businesses to achieve cost savings by leveraging collective purchasing power. In the dental industry, GPOs play a pivotal role in helping dental practices reduce their operational expenses. However, joining a GPO is not always a simple process, and may present challenges like limited options,…
Choosing the Right Dental Attorneys: Key to Successful Business Transactions
In the business world, selecting the right advisors is vital for success. They serve as your trusted guides, steering you towards prosperity and away from potential hazards. Think of them as strategic advisors, bringing their unique blend of care, effort, and expertise. Making the right choice of advisors can completely transform that way you handle…
A Dentist’s Guide to Business Services Agreements with DSOs
As the dental industry evolves, more and more dentists are turning to dental service organizations (DSOs) as a way to help streamline their practices and increase their profitability. But with any business transaction comes risk and reward. To ensure that your practice is getting the most out of its DSO transaction, it is essential to…
The Four Stages of a DSO Transaction
The dental industry is undergoing a significant shift towards consolidation, with an increasing number of dentists and dental practice owners opting to sell their practice to Dental Service Organizations (DSOs). While this move may be beneficial for some, it is important for dentists and private practice owners to understand what to expect when selling to…