Your Doctor is Selling the Practice. Now What?

Your doctor has mentioned that they’re looking to retire or sell the business; what does this mean for you and your team? The thought of your doctor selling the practice can incite many emotions, from anxiety and concern to excitement. It’s perfectly okay to feel all of these things, but keep in mind that what you show your team will affect the outcome of the transition.
I have been on both sides of the process and understand the feelings involved. Early on in my journey, I was a dental hygienist and transitioned into practice management. My boss had aspirations of growing our dental family and having a place where professionals could work, provide outstanding care to our patients, have fun, and go home at the end of the day and not be stressed. We grew from one practice to two, then three. After two years, he sold the third practice, affiliated with an existing practice and built one in the same month! We set goals and were attaining them. We had a great team and had worked diligently on building a solid culture of positivity, communication, and transparency...
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I have been on both sides of the process and understand the feelings involved. Early on in my journey, I was a dental hygienist and transitioned into practice management. My boss had aspirations of growing our dental family and having a place where professionals could work, provide outstanding care to our patients, have fun, and go home at the end of the day and not be stressed. We grew from one practice to two, then three. After two years, he sold the third practice, affiliated with an existing practice and built one in the same month! We set goals and were attaining them. We had a great team and had worked diligently on building a solid culture of positivity, communication, and transparency...
CLICK HERE TO READ MORE