Growing practices are very valuable today.
Shrinking practices need to wait and grow.
But waiting may be expensive…
The LPS Blog
Flash Update for Orthos!
Smile Doctors, the largest of the 14 ortho only IDSOs with 400+ practice partners has just completed a deal to acquire MyOrthos.
Corned Beef & Cabbage? The Myth Busted
Happy St. Patrick’s Day! Today is a national holiday in only a few places; Newfoundland, Labrador, Montserrat and Ireland. Contrary to popular myth, corned beef and cabbage is not Irish, but rather an American concoction. The Irish used bacon. Why does this matter to...
The Biggest Risk to Practice Values in 2025
Harley Davidson, Brunswick, the manufacturers of Boston Whaler boats and Johnson Outdoors the largest maker of kayaks, all recently reported dramatic declines in 2024 sales. Are boats, motorcycles and dentistry connected? Consumers are stressed. Even at 24.37%...
Maximizing a Practice’s Value for an Invisible Dental Support Organization Partnership
In a typical doctor-to-doctor practice sale or transition, the practice is valued at between 60% and 100% of collections. In an Invisible Dental Support Organization (IDSO) partnership, many practices achieve values over 200% of collections, with some realizing up to 400%.
Quick Thoughts on 2024 Results and 2025 Practice Values
My mantra for 2025 is to say more with fewer words. Wish me luck! See how I do on our first 2025 Webinar, January 16th: Recap of 2024 and Forecast for 2025, or email me for a copy. Q4 2024: $3.8 billion IDSO third recapitalization in seven years, up from $330 million...
Death, Taxes, & Dental Practices: The Power of Diversification
This article first appeared in the November 2024 issue of Dental Economics Magazine The October 15 tax bill is paid, which means the tax agony is over—for now, anyway. It is time to think about making money instead of giving it to our bloated bureaucracy. The...
Largest IDSO Recapitalization Ever and Post Election Comments
The Largest Invisible Dental Support Organization (IDSO) in the country completed their third recapitalization immediately after the U.S. election. Over 700 partner doctors were able to harvest profits from their retained equity ownership at long-term capital gains tax rates.
First Half of 2024 Results: Fact vs. Fiction
Contrary to popular belief, practice values in IDSO (invisible dental support organization) partnerships continued to achieve new records in the first half of 2024 for larger, growing Large Practice Sales (LPS) clients nationally. Fortunately, new investors in IDSOs are not just private equity.
5 billion dollars, do you have invisible DSOs in your town?
In short, you sure do. The question is—are they people you need to meet? Join Chip Fichtner and get the stone cold truth on what's working, what isn't, who actually gets 10x EBITDA, who doesn't, why, and what to do about it. With five billion in injected money since...
Our Latest Media Appearances
The Dentist Money Show Ep 627 – Understanding Invisible DSOs
On this episode of the Dentist Money Show, Chip Fichtner from Large Practice Sales joins Matt to discuss the complexities of large dental practices and explain what an invisible DSO is. He highlights the importance of selecting the right DSO partner and how to avoid...
The Group Dentistry Now Show: Episode 202
Chip explains the concept of “Invisible DSOs” and how they differ from traditional DSOs, highlighting the benefits they offer to doctors looking to grow their practices while maintaining autonomy.
Practice Partnership Podcast Ep 19: The Process LPS Uses to Achieve Maximum Value with the Best Partners for Our Clients (with Maxwell Sellers)
Creating lasting value in your dental practice involves more than just the sale; it’s about strategic partnerships and informed decision-making. Today, Chip sits down with return guest Maxwell Sellers (Principal Development & Buy-side Relations) to discuss the...
Practice Partnership Podcast Ep 18: Actual Practice Values in 2024 and 2025 Value Forecast
In today’s episode, Chip discusses the trends and events from 2024 had a significant impact on practice valuations and forecasts the most important drivers for practice value growth in 2025. He also examines the most common mistakes doctors make that negatively affect...
Practice Partnership Podcast Ep 17: Practice Attributes for High Value IDSO Partnerships
On today's episode, host Chip Fichtner guides you through the key attributes of high-value practices in 2025. Chip shares strategic tips on how younger doctors and healthy profit margins work together to create a compelling offer that DSOs simply can't ignore. We'll...
Practice Partnership Podcast Ep 16: How One IDSO Recapitalized at a Multi-Billion Dollar Value
This episode explores the recent $3.7 billion recapitalization of the largest invisible DSO in the U.S., unlocking massive equity gains for participating doctors in a short period of time. Host Chip Fichtner breaks down why this is a game-changer for the industry, and...