On today’s episode, Mark sits down with Chip Fichtner, the principal of Large Practice Sales (LPS), to delve into the transformative trends of consolidation and investment in the dental industry. They discuss the significant impact of ‘invisible’ Dental Support...
Media
Practice Partnership Podcast Ep 5: IDSOs, Inflation & Interest Rates – What Doctors Need To Know About Practice Values Today (with Maxwell Sellers)
Today, Chip speaks with Maxwell Sellers (Principal, Development & Buy-side Relations, LPS) to help us map the complex terrain of dental practice deals within the larger economy. Maxwell's diverse experiences (from J.P. Morgan to private equity and multi-site...
Very Dental Extra: The Advantages of an Invisible DSO
"One of the key attributes of an invisible DSO is the doctor is still an owner and therefore continues to lead the practice as an owner. He's making all of the crucial decisions...not the DSO." - Chip Fichtner, Large Practice Sales Alan from the Very Dental Podcast is...
Practice Partnership Podcast Ep 4: How to Grow Your Practice with a Dental Trifecta (with Brian Anderson)
In this episode, special guest Dr. Brian Anderson flips the script and interviews LPS co-founder and host Chip about his proven concept of a Dental Trifecta, where an IDSO partners with pediatric, orthodontic and oral surgery practices within the same community. As...
10 Things to Know Before Selling Your Practice to a DSO or IDSO
If you have a larger dental practice and have been contacted by one or more DSOs/IDSOs interested in buying your practice or partnering with you, then join Chip Fichtner, Co-Founder & Principal at Large Practice Sales (LPS), to learn how to maximize initial values, leverage multiple bidders, navigate tax implications, and more!
Practice Partnership Podcast Ep 3: The DIY Problem: Why You Shouldn’t Navigate an IDSO Partnership Alone
Are you ready to navigate the labyrinth of invisible DSO partnerships on your own? (Spoiler: you're probably not). Settle in as LPS co-founder and host Chip Fitchner guides you through the maze of variables and "gotchas" underlying the IDSO world, from employee...
Practice Partnership Podcast Ep 2: How to Choose the Right IDSO Partner for Your Practice
In our second episode, LPS co-founder and host Chip Fichtner delves into the need for a dedicated, non-conflicted advisor for your practice, and why you shouldn't ever go-it-alone on an IDSO. We'll also be discussing the key factors in selecting the perfect...
Decisions in Dentistry: What Dentists Should Consider Before Partnering with a DSO
Selling part of your dental practice to a Dental Support Organization (DSO) is a big decision and it’s important to know all the details. In this episode of The Art of Dental Finance and Management podcast, Art meets with Chip Fichtner,...
Very Dental Extra: Large Practices are Different with Chip Fichtner of Large Practice Sales
The old model of practice sales went something like this. A doctor decides he wants to sell his practice. Someone helps him determine a sale price and it usually ends up somewhere between 60-80% of collections depending on your geographic area and the type of...
Financial Flossing Ep103: Unlock the Value of Dental Practice Transactions
In this episode of the Financial Flossing Podcast, host Ross Brannon sits down with Chip Fichtner, Principal of Large Practice Sales (LPS), to delve into the world of dental practice transactions. Chip has an impressive track record of completing $612 million in transactions in 2022 with 31 Invisible Dental Support Organizations (IDSOs) across 29 states. He shares his expertise in maximizing value in the dynamic dental industry.