EXCLUSIVE MARCH SPECIAL REPORT!
A very special report on dentists – their professional practice career and economic life cycle – by a leading national dental management corporate executive.
AUTHOR: Thomas A. Knox MBA was senior vice-president for provider partnerships at Delta Dental Plan of Minnesota, which owns a major interest in a privately held dental practice management corporation [DPMC].
POSITION: Mr. Knox held senior leadership positions in several health care organizations for more than twenty-five years. He implemented various joint ventures, partnerships and business alliances in a variety of medical organizations. He is recently retired.
TOPIC: “Practice Management and Financial Planning: It’s [NOT] for Dentist’s Only”
EXERPT: “The challenge is that for many dentists their practice is too big and too profitable to sell to new dentists who have been, traditionally, the practice buyers. Almost fifty percent of present day dentists are baby boomers pushing 50-55 years of age. And unfortunately, they cannot afford to retire at this point and still maintain the lifestyle they have created. But, the temptation is there – the thought is occurring more frequently – and it is very compelling and very frustrating.”
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https://medicalexecutivepost.com/wp-content/uploads/2008/03/ddspracticelifecyclefinplanning.pdf
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