Evaluating your practice’s fair market value (FMV) isn’t as simple as it used to be. Prior estimates based on a percentage of collections or a multiple of practice profits are being replaced by corporate-based metrics. Here’s why knowing your practice’s correct EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) value is critical to successfully planning your practice transition.

As practice (and stock market) values continue to rise, more doctors are considering transitioning into retirement. However, you shouldn’t make plans using inaccurate or incomplete data. Would you perform treatment on a patient without first taking records to know where their dental health stands? Of course not!

That’s why you need to know...