How to Determine if a DSO is Right for You (w/Ty Ramsey) [Ep.48]

He’s back!  In September 2023, I had Ty on to talk about CBCT imaging.  Now he has a new role as a practice transition broker with Professional Transition Strategies (PTS) where he assists with pairing doctors with a DSO that best fits their needs and desires.  In this episode, we do a deep dive into all things DSO (OSO, etc.), including:

• What PTS is and how they can get the best financial and personal outcome for a provider when looking to sell to a DSO.
• The value of having a sell-side-only representative when considering selling to a DSO.
• How to get a free practice valuation from PTS with no strings attached.
• The number of offers PTS typically gets its clients.
• The reasons why private equity is so interested in dentistry.
• The difference between activist groups and aggregation/passivist groups in the corporate dentistry arena.
• How to use your practice as an investment vehicle.
• What a recapitalization event is, how often it is anticipated that they will occur, and how they can create generational wealth.
• The difference between a private equity transaction and a Mercer acquisition (selling off a piece of your practice at a time to a junior doc).
• The average age of the doctors that PTS represents in the sale of their practices to DSOs. 
• How to determine if a DSO will let you keep your name on the door, keep clinical independence, and maintain control over staffing decisions.
• The differences between the DSOs of twenty years ago and the DSOs of today.
• The possibility of an owner doc selling a portion of his/her practice to a DSO and retaining ownership of a certain percentage.
• How fringe benefits (aka seller discretionary earnings) are handled once you sell to a DSO.
• The three most important things to consider when doing a deal with a DSO.
• How working for a DSO can create “organic growth.”
• How PTS gets paid.

LINKS

·         To learn more about Professional Transition Strategies: https://professionaltransition.com/our-team/

·         To get in touch with Ty:  ty@professionaltransition.com; (469)360-1031

·         To contact Ty on LinkedIn: https://www.linkedin.com/in/tyramsey/

·         Link to the first episode with Ty: https://youtu.be/rPQ-P5NDj3g?si=7nFihFRb51Znx6Na
·         To learn more about DOC:  www.TheOrthoCoach.com

·         To contact Dr. DeLuke: drmike@theorthocoach.com