Uncover the Secrets Behind Dental Practice Valuations
Henry Schein Dental Practice Transitions provides dentists with accurate valuations, optimizing practices across the country and maximizing their value.
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It’s often said that a dental practice valuation is a mysterious mix of science and art. Yet we here at Henry Schein Dental Practice Transitions, a subsidiary of Henry Schein, Inc., have cracked the code. With the top transition specialists around, we’ve performed thousands of valuations for practices all over the country, working with dental professionals in major cities, suburbs, small towns and rural communities.
Because we’re the best, we know all there is to know about dental practice valuations, including the secrets. Read on to learn about these and how Henry Schein DPT has mastered the mystery of the valuation process, making it the ideal partner for your practice.
Secret #1: A Valuation is a High-Performance Appraisal
Determining the value of a practice involves many factors, and the ultimate evaluation is only taken seriously if it’s accurate. A quick shot appraisal can be easy but it’s just that—a ballpark estimate. The difference between an appraisal and a thorough valuation comes down to the depth of analysis and the authority behind the work.
When a dental practice valuation is prepared by Henry Schein Dental Practice Transitions’ team—the most experienced transitions specialists in the dental profession—you know you’re getting a realistic assessment, one that’s useful and not just what you want to hear. Through a combination of data, market value insights, and industry ingenuity, we deliver a comprehensive report that helps you sell your practice, optimizing the amount you earn in the process.
Already convinced on knowing the full value of your dental practice? Our transition specialists are ready to help with a confidential consultation.
Secret #2: There’s More Than One Reason For A Valuation
A dental practice valuation gives you a detailed, up-to-date picture of what your practice is worth in the current market. But thinking about selling isn’t the only reason to know your practice’s value. Here are other circumstances Henry Schein DPT specialists have created valuations for:
- Practice Sales and Acquisitions
- Associate Buy-ins
- Mergers
- Partnerships / Multi-Doctor Ownership
- Financing Applications
- Letters of instruction in case of death or disability
- Setting an asking price for when you’re ready for the big sale
Secret #3: A Valuation Finds Ways To Boost A Practice’s Worth
Whether you’re approaching retirement or thinking of bringing on a partner, and whether you have a single practice or multiple locations, our experienced dental practice transition specialists will help you maximize the value of your practice prior to listing it on the market.
A Henry Schein DPT valuation comes with actionable insights made to increase your practice’s business value. Our experts identify potential pain points, which may include:
- Overhead Expenses and Profitability
- Fee Updates
- Staff Productivity
- Hygiene Recare
- Exams
- Radiography Use
- Unscheduled Treatments
- Specialty Procedures
- Broken Appointments
- Facility and Equipment Needs
Whether you’re ready to sell your practice or just beginning to investigate your transition options, contact us today!
An experienced consultant at Henry Schein Dental Practice Transitions will get back to you.
