IDSOs are already in your town or will silently arrive shortly. They will be a friend if you join one or a foe if you do not. You will either benefit from an IDSO’s practice support resources and financial upside, or compete with many of them. It is only a matter of...
The Latest News on Dental Practice Valuation
Silent Partners and the Invisible DSO | Invisible DSO
Of the over $200,000,000 in transactions LPS will close in Q2 2021, all have an earn-out component. An earn-out pays doctors additional consideration for future performance in the year or years, after an initial transaction. I quit college in 1978 to take my first job...
Taxes for Dental Practice Monetization in 2021/2022; Even Uglier Than You Think
Taxes are going up. Now may be a time to consider selling a PART of your practice to an Invisible Dental Support Organization. This may be the last time to pay only a 20% tax rate on the proceeds. LPS urges all dentists to fully understand the potential impact on the...
The Mutual Benefit of Silent Partners Investing in Dental Practices
Every Dental Support Organization (DSO) has a different model to manage their groups of dozens or hundreds of “affiliated” dental and specialty practices. Some acquire 100% of practices and operate under a single brand, others start practices from scratch and many...
Large Practice Sales Announces over $25MM in EBITDA is available for Dental Partnerships
LPS will be in attendance at the American Association of Orthodontics Annual Session in Los Angeles Booth 2939 May 3-7, 2019 Irving, TX (BECKERS) - Large Practice Sales (LPS) has recently signed over $20,000,000 in EBITDA available for affiliations by Private Equity...
Synergies
One of the benefits of the right Invisible DSO as your new silent partner is that they are highly motivated to enhance the growth of your practice via synergies with other practices in which they have invested in or will invest in your area. Three recent examples of...
Top 10 Reasons to Join an IDSO or NOT…
Top 10 reasons to join an IDSO: 1) Diversify and liquify your primary asset: As the U.S. enters into its worst recession in history, cash is king. An average LPS client takes at least $5,000,000 in cash off the table by selling 60% to 90% of their practice for cash at...
LPS Update: Practice Value Volatility; Good News and Bad News
We review financial data on about five practices per day for doctors who have requested an estimate of the value of their practices to an Invisible DSO in today’s bubble. Most doctors take the value number under advisement and continue building their practice, hoping...
Cash Now, Long Term Plan, Practice Growth, Wealth Creation? All Four!
Cash Now Every doctor has different motivations for considering an IDSO partnership for their practice. Some are interested in selling part of their practice today to secure their financial future with a large sum of cash in their pockets at Long Term Cap Gains rates....
Understanding Invisible Dental Support Organizations (IDSO)
IDSOs are already in your town or will silently arrive shortly. They will be a friend if you join one or a foe if you do not. You will either benefit from an IDSO’s practice support resources and financial upside, or compete with many of them. It is only a matter of...
Our Latest Media Appearances
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...
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.
Practice Partnership Podcast Ep 1: The IDSO Advantage: Understanding the Benefits vs. DSO Partnerships
What if you could monetize your dental practice without losing ownership or autonomy? In the first-ever episode of Practice Partnership, LPS co-founder Chip Fichtner introduces the powerful potential of Invisible DSOs (IDSOs) for dentists seeking long-term wealth and...
See Chip on The Group Dentistry Now Show
Chip Fichtner from Large Practice Sales joins this podcast for the second time to discuss the current market and what the future looks like.