In 2019 we urged clients to monetize a part of their dental practices at what we correctly predicted was the peak in values. Over $200,000,000 (two hundred million dollars) of now exceptionally happy clients (ages 38 to 67) listened to us and are sitting on a pile of...
The LPS Blog
Latest ADA Forecast for 2021 Practice Values; Not Pretty…
This week, the ADA Health Policy Institute, the economic research affiliate of the American Dental Association, released their updated forecast for 2021 practice collections. While their forecast of U.S. dental practice collections for 2020 was revised upward to only...
Coronavirus Impact on Practice Values; Important Tips and Buyer Update
In our bulletin on Sunday March 8 (Click Here to Download), we pointed out that declines in practice revenue and EBITDA could have lasting effects on practice values. Fortunately, in speaking with multiple IDSOs this week, they have confirmed that they will consider...
Silent Partners and the Invisible DSO | Dental Practice Transitions
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 2020 Actual Transaction Results & The 2021 Forecast!
Several large LPS transactions will by design push into early 2021, but it was still a $300,000,000+ year for Large Practice Sales vs. “only” $200,000,000 in 2019. COVID be damned! Newer IDSOs stepped up and filled the void of the larger, legacy IDSOs who spent time...
COVID Impact on Practice Values
Despite COVID, many Invisible Dental Support Organizations (IDSO) are continuing to quietly acquire interests in great practices of all specialties across the country. At the moment, in most cases, our clients are achieving 2019 values of 2X to 3X collections for...
Creative Structures Capture Value for “Embedded Growth” Potential in Desirable Practices. Lock in Values Now to Reduce Risk.
Summary: Your rapidly growing practice can be monetized at today’s value, yet still pay you for value not yet realized in a creative structure based on your results AFTER the initial closing. In the booming economy we are experiencing, many doctors have embarked on...
Silent Partners and the Invisible DSO | Transaction Results
Practice value is enhanced by the potential that a doctor can create and articulate, not just about their practice. Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) is important (Net Income, see LPS EBITDA Memo), but a doctors’...
New Taxes on Practice Monetization in 2022 and Portfolio Risk
Taxes are going up. Your Tax Rate Could Exceed 50% in 2022. LPS urges all dentists to fully understand the potential impact on the net value of your practice in 2021 vs. 2022 and beyond. Now may be a time to consider selling a PART of your practice to an...
Taxes, More Taxes and Diversification of Your Practice Portfolio
LPS Completed $160,000,000 of transactions in the last 96 days! Many people (doctors and IDSO executives) have chastised me for my “alarmist” forecasts in early, and throughout 2020, that higher taxes on rich dentists are inevitable in 2021. The recent election...
Our Latest Media Appearances
The Dentalpreneur Ep 1733: EBITDA Multiples on the Rise
Join Mark and Chip as they discuss the current state of the marketplace in 2023 for private equity practices compared to previous years.
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.
The Group Dentistry Now Show: The Voice Of The DSO Industry – Episode 129
Chip Fichtner from Large Practice Sales joins the podcast for the second time to discuss the current market and what the future looks like.
The Dentalpreneur 1658: SELLING TO INVISIBLE DSOS
On today’s episode, Chip Fichtner from Large Practice Sales joins us in this 2-part episode. Chip and Dr. Mark Costes talk everything DSO’s and taking chips off the table. LPS are dental specialists and focus on Invisible Dental Support Organizations (IDSO)...
The Dentalpreneur Podcast Ep. #1659 – Selling to Invisible DSOs Part 2
Part 2 of The Dentalpreneur Podcast with Dr. Mark Costes and Chip Fichtner.
The Dentalpreneur Podcast Ep #1658 – Selling to Invisible DSOs
Chip shares valuable insights into the state of the practice transition market, particularly focusing on the rise of Invisible Dental support organizations (IDSOs) and their partnerships with younger doctors.