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.

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 warrant 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 neither Provide, its affiliates, or Fifth Third Bank. Please consult with appropriate professionals related to your individual circumstances.