Partnerships & Mergers
Partnership Pathway Planning™
You may have a new doctor poised to begin working in your practice or perhaps you already have a seasoned associate who is ready to become your partner. In either case, it is important to start that relationship off on the right foot. Our team will guide both parties through the process, providing experienced direction and answers to all your questions.
One of the primary benefits of adding a partner is increased productivity and efficiency. With two or more dentists working together, you can see more patients and increase revenue. Additionally, having another dentist on board means that you can delegate tasks, allowing you to focus on the aspects of the practice that you enjoy most. Another key advantage of bringing on a partner is improved work-life balance. By sharing responsibilities with another dentist, you can reduce your workload and enjoy more time outside of the office. This can be particularly beneficial if you're approaching retirement age and looking to transition out of the practice.
Finally, adding a partner can also help ensure the long-term success of your practice. By bringing on a dentist who shares your values and vision for the practice, you can create a sustainable model that can continue to thrive for years to come. Of course, adding a partner to your dental practice is not without its challenges. It's important to carefully consider factors such as financial arrangements, income distribution, legal agreements, and the compatibility of potential partners before making a decision. Give us a call today to speak with an experienced Partnership Pathway Planning Advisor and learn more about how we may be able to assist to ensure a smooth transition for both parties.
With over 70+ years of combined experience working in Dental Practice Mergers & Acquisitions, Roger K. Hill & Company can help you expand your practice with confidence and peace of mind. We provide guidance through every step in order to structure a plan that is fair and equitable to both parties, so you can focus on running your practice and avoid the costly mistakes.
Dental Practice Sales
Considering a DSO?
Our team has helped hundreds of doctors navigate the DSO landscape while avoiding the many pitfalls that can plague DSO transactions.Learn More
Properly structured documents and expert legal advice will help ensure a successful practice transition.Learn More