Selling Dental Practices
Dental Transition Attorneys for Selling Dental Practices and Dental Transitions
Usually, the sellers of dental practices contact a broker/agent first to receive some general information, to receive an informal appraisal, or to learn about the broker’s services and fees. First and foremost, I highly recommend that you at least first consult with our dental transition attorneys who are experienced in selling dental practices before you take any steps or contact anyone else for selling your practice.
Without belaboring the issue, as dental transition attorneys, we will not earn a commission based on the purchase price and can offer you independent advice without any conflicts of interest. Attorneys are highly regulated by their State Bars and there are many safeguards in place to make sure that attorneys act in the best of interest of their clients, a safeguard that does not exist for other professionals involved in your transaction.
The added benefit of retaining our experienced dental transition attorneys is that we can also review and represent you regarding any contracts that the broker or agent is most likely to require you to sign before they spend any effort in selling your practice; these listing contracts are designed to benefit and protect the brokers in their dealings with you and one of the benefits of retaining our dental transition attorneys is that we can help you negotiate the contract between you and the broker before you bind yourself to a contract that will put you at their mercy.
CLICK HERE to Book Your Consultation with our Dental Transition Attorneys Today. Or Contact us Direct at (301) 309-9002
Unique Legal Aspects of Dental Transitions
Dental Transitions, the process of selling dental practices, and the contracts related to them pose challenges that are best left to a dental transition attorney who is well versed in healthcare and business laws as well as being a skilled negotiator. Selling your dental practice has unique aspects that are different than selling general businesses that average business transactional lawyers may not encounter or even consider in their day-to-day practice. As experienced dental transition attorneys, we could make the difference not only in protecting your rights and interests but also in your bottom-line, whether directly in negotiating the purchase price or in tax benefits which could be in tens of thousands of dollars, if not more depending on the size of your practice and the purchase price for selling your practice.
One of the issues that lawyers who are not experienced in dental transitions are not familiar with is the credentialing process and how it could negatively affect the transaction for selling your dental practice. This could trigger a number of laws and/or contracts related to the insurance companies with whom you have been credentialed to accept patients.
Sellers in dental transitions who are not represented by our experienced dental transition attorneys often find themselves in a position to postpone the Closing, break the rules and regulations related to insurance companies and their contracts with insurance companies after the Closing, or in some cases cancel the deal all together. Our dental transition attorneys are experienced in handling these matters so you can sell your practice with confidence.
CLICK HERE to Book Your Consultation with our Dental Transition Attorney Today. Or Contact us Direct at (301) 309-9002
Kamkari Law- Healthcare
Dental Transition Attorneys