COVID-19 FINANCIAL RECOVERY PLAN FOR DSOS
I've been thinking a lot about how DSOs are going to recover financially from COVID-19. I found a solution that I believe will help many through increased patient financing approvals.
DSOConnection.com: A Smart Alternative to Hiring a Dental Broker
You’re probably familiar with the role of a dental broker. Typically, brokers facilitate the buying and selling of a dental practice by handling administrative tasks, negotiating sales, and guiding dentists through the buying and selling processes. Brokers often charge commission fees of 6%, 8% sometimes over 10% for their service. Continue reading...
Patients can now utilize pretax benefits to pay for dental care expenses
In a new rule on June 20th, DHHS issued a new rule that includes dental expenses for health reimbursement accounts.
Bankers Healthcare Group releases results of national survey on dental practice investments
A new survey out from Bankers Healthcare Group highlights how dentists make financial decisions, their expenses and borrowing habits.
We were shocked to learn how much dentists can borrow with an SBA-backed loan....
Through FundEx Solutions Group (a new Bankers Healthcare Group affiliate), dentists can now borrow up to $5M on an SBA loan with a term ranging from 10 to 25 years. DSO News caught up with April Brissette, Chief Credit Officer for BHG to learn more about the program. FundEx Solutions group is now only 1 of 14 non-banks authorized to issue SBA-backed loans.
Will rising interest rates pump the brakes on dental consolidation?
DSO News explains how private equity funds work and whether rising interest rates will have an impact on the ongoing consolidation of dental.
Dental practice ownership outlook
Leading dental lender Bankers Healthcare Group surveyed 413 dental professionals and practice owners to gauge the ownership appetite of independent dentists.
CareCredit now integrated with Henry Schein’s Dentrix and Easy Dental
Today, Henry Schein (NASDAQ:HSIC) and CareCredit, a solution from the publicly traded company Synchrony Financial (NYSE:SYF), announced the integration of CareCredit’s financing...
Should you buy or lease your dental practice space?
Since the introduction of the GI Bill after WWII, homeownership has been viewed as part of the American dream and has enjoyed record highs....
3 things dentists struggle most with when starting a group practice
It feels as though you cannot turn around these days without running into someone starting a new group practice or dental support organization (DSO)....
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