24. What to know before you own a healthcare practice

With Michael Dinsio

The rise of corporate dentistry and the growth of Dental Support Organizations (DSOs) is top of mind for many aspiring practice owners.

The prospect of competing with these big players can be enough to keep some providers from taking that critical leap into ownership.

It's not that DSOs provide better care and service to their patients – it's that many have more advanced systems and infrastructure in place.

Meet our guest

Michael Dinsio, a long-time dental industry consultant, says independent startups can compete against these bigger organizations and win as long as they are making informed decisions.

Michael is the founder of Next Level Consultants and has spent the last two decades learning the business of dentistry through the eyes of a banker and consultant. In that time, he’s guided more than 400 dental office startups and facilitated more than 300 practice transitions.
ShareShare on facebookShare on LinkedIn

In this episode

  • How startup dental practices can hone their competitive advantage over DSOs
  • Why practice ownership is the right step for many young doctors
  • The pros and cons of starting versus acquiring a practice
  • The advantages of hiring a practice consultant
  • What KPIs a practice owner should consider as they weigh whether a consultant is right for them

All opinions expressed by the Provide employee participant are solely their current opinions and do not reflect the opinions of Provide, its affiliates, or Fifth Third Bank. The Provide employee participant’s opinions are based on information they consider reliable, but neither Provide, its affiliates, nor Fifth Third Bank warrants its completeness or accuracy and should not be relied upon as such. This content is for informational purposes and does not constitute the rendering of legal, accounting, tax, or investment advice, or other professional services by Provide, its affiliates, or Fifth Third Bank. Please consult with appropriate professionals related to your individual circumstances.

More episodes

Provide image
Podcast

18. Proven ways to increase your hygiene department’s profitability

If you had a magic wand and could change one thing about your dental practice –wha...
Provide image
Podcast

63. What happens next when your best employee leaves unexpectedly

As a small business owner, you often experience exciting growth and success — and ...
Provide image
Podcast

14. What you need to know about the legal side of dental practice ownership

All lawyers are NOT created equal. When it comes to the intricacies of dental prac...