by Chip Fichtner | May 18, 2023 | Insights
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’...
by Chip Fichtner | May 16, 2023 | Insights
Doctors are naively attempting transactions directly with IDSOs and leaving money on the table, every single time. In this case study, we achieved an extra $2.0 million net for the doctor after eight bidders weighed in on the practice’s real value. I had to check on...
by Chip Fichtner | May 16, 2023 | Insights
Two more OMS IDSOs were launched last week, one national and one regional. OMS consolidation bidders now 15+, some with better strategies than others. I predict one of these new ones will soar and one will flounder. The two new OMS IDSOs launched last week are very...
by Chip Fichtner | Mar 7, 2023 | Podcast Guest, The Dentalpreneur
https://www.youtube.com/watch?v=d5B54-xc7qg Visit Large Practice Sales on Youtube Part 2 of The Dentalpreneur Podcast with Dr. Mark Costes and Chip Fichtner, Principal of Large Practice Sales. Chip shares valuable insights into the state of the practice transition...
by Chip Fichtner | Jun 16, 2021 | Insights
Some doctors are skeptical when we list the extraordinary values, we have achieved for our doctor clients over the last year. When the “industry standard” valuation is 80% to 100% of collections, doctors are amazed when shown multiple...
