PRACTICE EVALUATIONS – a thorough market value analysis determination based on an economic profile of the practice including the following factors: location, facility, equipment and assets, practice maturity, experience of staff, total receipts, net profitability, management systems, composition of patients (fee for service, PPO, HMO, etc.), potential growth factors, referred procedures, and other factors related to the practice. Equally important to the total value of the practice are allocations of the value – goodwill, restrictive covenant, equipment, p.
PRACTICE TRANSITIONS – complete services to assist in the purchase or sale of a dental practice. Legacy’s programs provide for fair and equitable transactions. Following a determination of needs process for the prospective client, we confidentially and professionally locate appropriate practice opportunities to meet the needs of both the seller and the purchaser. I addition, we provide transition contacts for bank services, accounting services, legal services, insurance services, real estate services, and consulting services. During the course of your practice transition, as these services are essential to your transition and are in many ways reliant upon each of the others, we are in steady communication with the persons providing all of these servip.
PRACTICE TRANSITION CONTRACTS AND AGREEMENTS – fair and equitable asset purchase agreements, provider agreements, restrictive covenants, bills of sale, promissory notes, partnership agreements, non-disclosure agreements, and all other documents required throughout the transition procp.
PARTNERSHIPS, ASSOCIATESHIPS, AND OFFICE-SHARING ARRANGEMENTS – Legacy’s 30+ years of successful practice transition experience allows us to recommend the most comprehensive, unique (when the situation requires), and fair business arrangements between two or more partp.
PRACTICE MERGERS – information and services related to the merger of two or more dental practices. This process can increase practice profitability by 25-60%. This concept promotes the investment of a dentist in that which he or she has the most knowledge – dentistry!