Very Dental Extra: Getting Multiple Bidders for Your Practice with Chip Fichtner
The Very Dental Podcast Network · Alan Mead
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Show Notes
"You're either going to join an Invisible DSO or you're going to compete with many. I promise."
Chip Fichtner, Large Practice Sales
Alan is joined again by Chip Fichtner of Large Practice Sales to dive a little deeper into Invisible DSOs. Chip starts with a story of a large practice owner who almost "took the first offer" who was leaving money on the table. Some of our topics included:
- Large Practice Sales' "black list"
- IDSO strategies worth looking at
- What are dentists really expert in? How about accountants and lawyers? LPS is expert in making deals with IDSOs
- What is a "platform practice?"
- What are IDSOs looking for?
- Where do the multiples come in?
- Age is a big issue. So is growth rate
- What are the "hot states?" (flyover states in play!)
- IDSOs and Artificial Intelligence
Does an invisible DSO sound like something that would be a good fit for you? Get in touch with Chip at Large Practice Sales!