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...
The LPS Blog
How LPS Increases the Value of Your Practice by 10% Or More; Three Letters: QoE
We nationally advertise that Large Practice Sales (LPS) achieves almost unbelievable values for dental practices of 2X, 3X and even 4X COLLECTIONS. These are all real examples of recent transactions, not historical outliers. The great practices earned their values...
The Brief Moment in Time for 2019 Practice Values, Or Wait 3+ Years – Dental Practice Recovery from Coronavirus
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...
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’...
Our Latest Media Appearances
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...
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)...