In this day and age, practice analytic are becoming increasingly important. But when it comes to a practice purchase, the due diligence process can often be so overwhelming when determining whether you are purchasing an asset, or a liability. As many of you may know, practice due diligence can be a nightmare. But when done properly, purchasing a practice, even during a recession, can still lead to profitability and a great quality of work life. 

Today we have Joanne Tanner, MBA, and Rick Willeford, MBA, CPA to discuss the due diligence process in purchasing a practice. Joanne explains today’s recession climate in purchasing a practice and some of the key tips on what needs to be focused on when performing due diligence. Joanne highly advises using DentaMetrix, a dental practice management analytics system. Rick, the founder of DentaMetrix, chimes in and gives feedback about performing practice due diligence while pulling his knowledge and history from his 40 years of experience in dental. 

At the end of this episode Rick offers a Complimentary Profit Leaks Analysis to the first 3 callers or responders. To obtain this analysis, please visit https://dentametrix.com/ and don’t forget to mention that you found DentaMetrix on the Navigating Dental Insurance Podcast.

To contact Joanne, please email her at [email protected].