Trade Show Schedule
11-14
September 2024
Orlando, FL
AAOMS 2024 Annual Meeting
Booth 430
PMOD03 - Mainstage Virtual Session
OMS Practices are the Most Rapidly Consolidating of all Dental Practice Types. Understand the Risks and Rewards of the New Reality.
Available On-Demand Starting September 9
Over 5,000 independent OMS practices are competing with 50+ Invisible Dental Support Organizations (IDSOs) for the 250+/- resident graduates each year. Some DSOs and IDSOs are offering six-figure signing bonuses and $750,000 first-year guarantees. Most are also offering immediate ownership. Your future “transition” options have changed dramatically; mostly for the better, but timing is critical.
All OMS practices will ultimately compete with DSOs and IDSOs or partner with one. This is not a popular topic, but it is the new reality. Doctors of all ages are joining IDSOs for a variety of reasons; initial liquidity, access to new associates, and capital and support for growth. IDSO partnership is not a short-term exit, but rather a long-term wealth-building strategy.
LPS advised OMS clients under 50 in over $200,000,000 of record value partnerships in the last 24 months. Urgent Warning: The value of practices with doctors over 60 is declining daily.
Understanding the future of your practice business is Critical Education (CE), not just continuing education.
Learn:
- The future of OMS practice values
- What are today’s monetization options for young and older surgeons
- Which practices will achieve the highest values and why
GPT1 - Breakfast and Learn with LPS
OMS Practice Consolidation; Dozens of Partner Choices at Record Values in 2024
September 12
10:00 – 10:45 A.M.
Location: Eat, Drink, and Be Industry Educated Theater. Exhibit Hall WD1-E1
In addition to solving associate recruiting challenges, doctors are quickly realizing that an Invisible Dental Support Organization (IDSO) can provide them with far greater wealth over time than remaining independent. Some OMS and Dental Trifecta IDSOs have already proven the potential upside in the ownership doctors retain in an IDSO partnership. Many doctors have achieved 300%+ equity returns in less than 48 months, and some have achieved far more.
With 17 OMS-only IDSOs competing with dozens of Dental Trifecta (pedo, ortho OMS) and multi-specialty IDSOs, doctors have multiple choices in silent IDSO partners. LPS continues to set record values for growing OMS practices nationally in 2024. A proprietary bidding process provides clients with six or more qualified bidders from which to choose the right partner.
Surgeons should understand the IDSO option as larger practices will either join an IDSO or compete with many over time.
Learning Objectives:
- Why many of the largest OMS practices in the U.S. have joined IDSOs in the last six years and how IDSOs add value to OMS practices without micromanaging or homogenizing them
- The recruiting tools used by IDSOs that independent practices can never match
- Get a detailed look into a doctor’s life in the right IDSO partnership
- Which IDSOs will succeed, which will fail, and why (The IDSO Blacklist)
- How costs are reduced and reimbursement rates increase in an IDSO partnership
26-28
September 2024
Las Vegas, NV
Dentsply Sirona World 2024
Booth 611
10-12
October 2024
Scottsdale, AZ
Orthopearls MOPC 2024
17-19
October 2024
New Orleans, LA
SmileCon
Booth 1338
Understand The Big Differences Between a DSO and an Invisible DSO (IDSO)
Thursday, October 17 – 2:00-2:30 pm
Digital Pavilion in the Henry Schein Quarter
Course Description:
In this course, we’ll explore the distinctions between traditional Dental Support Organizations (DSOs) and Invisible DSOs (IDSOs). IDSOs offer a more aligned partnership model, often more favorable than conventional DSOs. By partnering with dentists rather than just managing them, IDSOs provide a shared ownership structure that can enhance practice value, particularly in today’s challenging economic environment.
Learning Objectives:
- Differentiate Between DSOs and IDSOs
- Evaluate the Benefits of IDSOs
- Apply IDSOs’ Strategies for Practice Growth
- nstructor: Chip Fichtner
Instructor: Chip Fichtner
Chip Fichtner is the Co-Founder of LPS, the largest transaction advisor to GP and specialty dental practices in the U.S. LPS has completed over $1.0 billion of IDSO partnerships in the last 24 months. The unique LPS bidding process ensures doctors consider all their options in an IDSO partnership and achieve the highest values from the right IDSO partner.
31-3
October and November 2024
San Diego, CA
American Academy of Periodontology Annual Meeting
Booth 1610
Record Values for Perio Practices Set in 2023. Learn Why and How
Thursday, October 31st
2:00pm – 2:45pm
Room 18
8-9
November 2024
Hartford, CT
Northeastern Society of Orthodontists
12-16
November 2024
Atlanta, GA
American Academy of Implant Dentistry Annual Conference
Booth 209
14-17
November 2024
Chicago, IL
WOCON 2024
Booth 205