Dental practice owners should ideally begin succession planning about five years before their intended exit. That timeline allows you to improve the practice’s value, address legal and operational concerns, find the right successor, and complete the sale without rushing major decisions.
Some transitions happen faster, but additional time...
After signing a letter of intent (LOI), a dental practice buyer must investigate the business, finalize financing, negotiate the purchase agreement, secure the premises, and satisfy regulatory requirements. Each item should be coordinated before closing so that ownership and operations can transfer without avoidable disruption.
A LOI...
One of the most important types of legal matters that dental practice owners will need to handle includes drafting offer letters to associates brought in or hired to the practice. An offer letter represents a preliminary offer for an associate to join a dental practice. Although an offer letter will address...
Employment law affects nearly every decision a dental practice makes about its staff, from hiring and pay to workplace policies and employee discipline. HR compliance means meeting the legal requirements that govern those decisions. When those obligations are overlooked, even unintentionally, a practice may face employee claims, government investigations, financial penalties, or...
A letter of intent (LOI) is a preliminary document that outlines the basic terms of a proposed dental practice purchase before the parties negotiate a final purchase agreement. While many of its business terms are nonbinding, an LOI can shape the direction of the transaction and establish expectations for both the buyer...
A payer audit can create problems that extend far beyond reimbursement disputes. In some situations, findings from a dental insurance audit may be reported to a state dental board, leading to investigations that put a dentist's professional license at risk.
If a payer alleges billing irregularities, improper coding, recordkeeping...
A Dental Management Services Organization (MSO) is a company that provides administrative and business support services to dental practices. A Dental Support Organization (DSO) is a broader term often used to describe organizations that support dental practices, and many DSOs operate through an MSO structure to comply with state laws governing...
Dental service organizations continue to expand, and a successful transaction can create long-term revenue opportunities. Still, acquisitions often involve legal complications that might not be obvious until after closing.
Many problems begin during the due diligence and structuring stages. A rushed review, incomplete agreements, or misunderstandings about ownership...
An audit can feel like a simple billing problem or a routine records request, but for a dental practice owner, it may carry much higher stakes. Insurance reviews, documentation audits, and compliance inquiries can expose issues that lead to licensing complaints – not to mention potentially put your practice itself at risk. How...
Buying a dental practice can feel like a major step forward—you might already be thinking about new patients and long-term growth. Before you sign a purchase agreement or letter of intent, though, it’s important to look closely at the legal and financial terms tied to the transaction.
Purchase...
