Provide: The Path to Owning It

In 10 years, the field of dentistry is going to look very different than it does today. Baby boomers who have owned their practices for decades are starting to consider retirement. And younger dentists who have practiced as associates will soon have an opportunity to become practice owners themselves. As those aspiring practice owners assess the value of a practice they want to buy, it’s essential...

When you're launching a new healthcare practice, it's easy to get lost in the work – building a space, hiring employees, and starting to treat patients. But there's an important step that many aspiring practice owners might forget in their rush to get to work: defining a vision, honing a mission statement, and unifying it all under a strong brand. Without these guiding principles, your practice ma...

Let's get one thing straight: Orthodontics is a highly-specialized field, with demands and nuances that are unlike any other medical practice. If you're thinking about starting your own orthodontic practice, it's a good idea to seek the advice of a trusted expert. And, luckily, we know just the person. Jill Allen is the owner of Jill Allen & Associates orthodontic consultants, a national firm with...

Whether it's modernizing your office to increase productivity, training employees on new procedures and practices, or managing support and service for the reliable equipment you already have, you can’t build or expand an animal hospital without overcoming equipment challenges. However, if you have the support of a trusted industry partner in the equipment space, you’ll be better positioned to over...

If you had a magic wand and could change one thing about your dental practice –what would it be? That's the question that Ayla Narayan asks everyone that she meets at the Greater New York Dental Meeting in Manhattan. As an executive coach with Fortune Management, Ayla has cultivated a passion for public health and education over her 20 years in the dental field. Her goal is to continue to inspire,...

Veterinarians know that their expertise is specialized to the patients they serve, resulting in better care for the companion animals they see and treat. So, when it comes to keeping their books, why should the service be any less specialized? Finding a Certified Public Accountant (CPA) who specializes in the veterinary industry can make all the difference in terms of building profitability, takin...

Starting out in the field of dentistry is the beginning of a long journey, full of exciting opportunities — and high-stakes challenges. And for dental students or recent graduates, good advice can be hard to come by. But it might just help you strike a healthy work-life balance and avoid pitfalls that are common to the industry. In this episode, taped live at the Greater New York Dental Meeting in...

Your dental practice has weathered the height of the COVID-19 pandemic, but you may be leaving money on the table if you haven't fully explored the options presented by the government's Employee Retention Credit (ERC) and Paycheck Protection Program (PPP). These programs were launched to help employers like you, whose businesses suffered as a result of the pandemic's economic disruptions. And they...

All lawyers are NOT created equal. When it comes to the intricacies of dental practice ownership, you deserve legal advice that you can trust from someone who understands your industry. But how common are attorneys who specialize in the dental industry, and where can you find them? In this episode, we're talking to yourdentallawyer.com founder and practicing attorney Robert H. Montgomery III. Rob...

As a dental practice owner, your bread and butter is patient care. It's what you went to school for, it's what you trained for, it's what you focus on every day. Where you probably don't have much expertise is accounting, business money management, tax strategy, and creating financial efficiencies. And if you haven't partnered with a certified public accountant, or CPA, who has knowledge and insig...

It's hard to imagine that, a little more than two years ago, many dentists were only allowed to see patients in emergency cases. But in the flood of patients following loosened Covid-19 restrictions, and the staffing shortages many dental practices now face, what can we learn from the difficulties of recent years? In this episode, we're joined by Charles Loretto, a partner at Cain Watters & Associ...

The age-old question for aspiring dental practice owners is whether it makes more sense to buy an existing practice, or start your own. In this episode, we're setting the table for this debate by bringing together experts in practice acquisition and startups. Rich Andrus, Mark Haslip, and David Haynes join us from the Menlo Group, the largest commercial real estate broker and space finder in Arizo...

The thought of investing in new dental technology can be overwhelming. In general, change can be hard – add the significant capital investment new technology brings, and it’s easy to understand why some dentists put off upgrading their equipment. But by waiting too long to upgrade your dental equipment, you might be short-changing yourself on new technologies that can increase the efficiency of yo...

The age-old question when it comes to commercial real estate? To buy or not to buy.  Is it better to purchase the building that will house your healthcare practice or lease the space? The not-so-simple answer: It depends.  In this episode, we're talking to Mike Jorgenson, regional director for CARR Healthcare Realty’s Southeast region. Mike is an authority in the healthcare real estate advisor spa...

Did you know that you can negotiate insurance fee schedules? Many dental practice owners don't even know that insurance reimbursement rates can be negotiated, and they may be missing out on the opportunity to improve their operating margins just by picking up the phone. In this episode, we're talking to Ben Tuinei, president of Veritas Dental Resources. Ben is an expert in professional dental insu...

Becoming a successful entrepreneur is more than just a mindset—it's a shift in behaviors. Whether you're an aspiring dental or veterinary practice owner wondering where to start, or an established owner looking to expand your business, growth requires a shift in routines, a can-do attitude, and powerful motivation. In this episode, we're talking to Andrew Bennett, CEO at Provide, about how to chan...

You may have the best practice in town, but without a proper marketing strategy, your business may not grow to the levels you envisioned. After all, your practice is a business, and like any business, you have to get word of your services out to your existing and prospective patients. That's why a smart marketing strategy must be a part of your path to ownership. Strategic communications might not...

There's been a significant rise in pet ownership since the start of the COVID-19 pandemic, and veterinarians are in higher demand than ever – which is why it might be the perfect time to buy or start your own veterinary hospital. But what should veterinarians know before buying or starting a practice in today’s market? This week, David Soto, a regional director of practice finance at Provide, is o...

Buying their own dental practice will likely be the largest purchase of any practitioner's life, and is the culmination of years of schooling and hard work. That's why you can't afford to risk buying a practice that won't work for you. Enter: dental buyer advocates. Dental buyer advocates—like our guest Brian Hanks, owner of DentalBuyerAdvocates.com—are there to offer their expertise and advise yo...

A modern dental practice is filled with gadgets, tools and technologies that would have seemed like science fiction to practitioners a generation ago. But how do you decide what technologies to invest in, and how to integrate them into your practice? In this episode, you'll hear from Provide marketing manager Jess Webb, who knows all about how dental providers can smoothly integrate technology int...

Making the "ugly list" is the last distinction any dental or veterinary practice wants to earn. But for practice owners who don't prioritize an occasional facility remodel, or don't understand the construction and financing options that are available to them, things can start to go downhill fast as a facility ages and its technology falls out-of-date. So in this episode, we're talking to TWO exper...

As a dentist or veterinarian, making the big leap from associate to practice owner can be a life-changing (and intimidating) decision. And with a constantly shifting economic situation, many aspiring practice owners might be wondering whether this is the right moment to pursue the practice of their dreams. So in this episode, Matthew Christie, Provide's senior regional director of finance, joins u...

Discover how to realize your healthcare practice ownership dreams with Corey Brown, a marketing leader at Provide. Join Corey twice a month on The Path to Owning It: where existing and aspiring healthcare practice owners can gain the tools they need from dental, veterinary, and other industry leaders to take their practice ownership dreams into their own hands. Guests on The Path to Owning It will...