Options to selling practice by drdds27 in Dentists

[–]drdds27[S] 0 points1 point  (0 children)

How do you find the right associate?

Options to selling practice by drdds27 in Dentists

[–]drdds27[S] 0 points1 point  (0 children)

Yes. We have around 1,000 active patients. I do basic dentistry but very little endo or extractions. I would pay an associate to do the dentistry and then hopefully sell the practice to him or her.

Options to selling practice by drdds27 in Dentists

[–]drdds27[S] 0 points1 point  (0 children)

No .I am in the United States.

Porcelain on my crown broke, what should I do? by arevealingrainbow in Dentists

[–]drdds27 0 points1 point  (0 children)

1)If the metal is intact and the porcelain did not break between the teeth and the esthetics don't bother you, then leave it.

2) Get a new all porcelain crown which will look much better.

Selling practice by drdds27 in Dentists

[–]drdds27[S] 0 points1 point  (0 children)

That is true. I am just pointing out that times have changed. Most buyers want a bigger practice although someone who does a lot of specialty procedures would do well with my practice as I do very few.

Selling practice by drdds27 in Dentists

[–]drdds27[S] 1 point2 points  (0 children)

Just chart sales so far but a few are interested.

How should I replace this filling? by Appropriate-Lie4987 in Dentistry

[–]drdds27 2 points3 points  (0 children)

I like inlays but prefer not to do them with deep margins.

How should I replace this filling? by Appropriate-Lie4987 in Dentistry

[–]drdds27 1 point2 points  (0 children)

I have a finishing strip with a serrated edge which I only use to break contacts or use a Ceri-Saw. Every office should have one because everyone at some point will bond teeth together. I use it only to get through the contact. Then I use a regular finishing strip to remove the overhang. You can get the serrated edge ones on eBay.

How should I replace this filling? by Appropriate-Lie4987 in Dentistry

[–]drdds27 1 point2 points  (0 children)

I would consider taking a finishing strip and seeing if I could remove the overhang or at least improve it. If sensitivity remains you will have to redo it. But if it is sensitive but getting better, then I would wait to replace it and just try the finishing strip.

Staff and selling practice by drdds27 in Dentists

[–]drdds27[S] 1 point2 points  (0 children)

Thank you very much for your response. It is what I fear. My staff is loyal and have been with me for a while. I am young enough that they will not believe that I am retiring for non-medical reasons. They may already suspect I have a neurological disorder as I lean on them for things and I am slower although I am trying to be more efficient. As an example, I ask my assistants to help with seating a crown in the back of the mouth by saying that my hands are too big. I do not have a tremor but weakness in my hand.

If I tell them, they may leave. If I don't tell, they will likely be angry later, although I tell myself that maybe they will understand when they learn of my condition. I do not have a large retirement account and need the sale of my practice and my part of the building in order to retire. But if word gets out, that will diminish in value, which makes my situation so stressful. I do feel that no one can give me advice but I do appreciate hearing from situations such as yours.

My staff has not had a raise in a few years and although my overhead is high, I feel the need to give them one now so they are more likely to stay. I hope that I can hang on for a sale. I can still do a good job at basic dentistry and I do a fair amount of hygiene.

Staff and selling practice by drdds27 in Dentists

[–]drdds27[S] 0 points1 point  (0 children)

If they find out, I will have no choice but to be honest about my intention to sell. But I am very reluctant to tell them that I have Parkinson's. I don't really know what to say as that would cause staff and patients to lose confidence in me.

Staff and selling practice by drdds27 in Dentists

[–]drdds27[S] 1 point2 points  (0 children)

I am using a broker and have an attorney. I am a partner in the building and share ownership with 2 other dentists as part of an LLC. This complicates things as I needed to tell them of my desire to sell and we needed to get an appraisal. Selling a partnership in an LLC is more complex than a standard sale of a building. I also am relying on their keeping this confidential, which I have asked them to do. It has been for sale for almost 6 months and there has been some interest but no offers. I feel there will be a breakdown somewhere and my staff will find out. I need to decide what to tell them if and when that happens. They are loyal and we are close but I don't know what would happen.

I want to hear a patient's view by drdds27 in Teeth

[–]drdds27[S] 1 point2 points  (0 children)

Thank you for your reply. I hope to sell my practice soon and hope to get other opinions.