In this episode, Editor-in-Chief Kevin Henry spoke with Chip Fichtner, co-founder of Large Practice Sales, about the growing trend of invisible dental support organizations (IDSOs) and their impact on dental practices. They discuss the autonomy that doctors retain when partnering with invisible DSOs, the importance of age in these partnerships, and how young doctors are increasingly seeking these opportunities. The conversation also addresses common concerns among dental teams during transitions and the significance of choosing the right IDSO partner for long-term success.
Podcast takeaways
- Invisible DSOs allow doctors to maintain full autonomy.
- The market for IDSOs is rapidly growing.
- Younger doctors are increasingly interested in DSO partnerships.
- Partnerships can provide liquidity to eliminate debt.
- The value of a practice can dramatically decrease with the owner’s absence.
- Team members often fear job loss during transitions, but this is unfounded.
- Invisible DSOs can offer better benefits for team members.
- Choosing the right DSO partner is crucial for success.
- Researching potential partners can prevent negative outcomes.
- Equity opportunities can enhance team retention and recruitment.
To learn more about how Large Practice Sales can help you monetize your dental practice at the highest possible valuation, contact us to learn more.
Principal at Large Practice Sales
Chip Fichtner, CoFounder of Large Practice Sales has completed over $1.0 billion in IDSO partnerships in the last 24 months with dozens of IDSOs nationally. He has built, bought and sold companies in a variety of industries and has been featured in numerous media outlets. His tolerant wife of 34 years allows him to live on his airplanes visiting clients every week.
Latest posts by Chip Fichtner (see all)
- Practice Partnership Podcast Ep 17: Practice Attributes for High Value IDSO Partnerships - February 19, 2025
- Practice Partnership Podcast Ep 16: How One IDSO Recapitalized at a Multi-Billion Dollar Value - February 12, 2025
- Practice Partnership Podcast Ep 15: Election Impact on Practice Values - February 5, 2025