Practice Purchase Evaluation
Navigate Dental Practice Acquisitions with Confidence
Make an informed investment decision for a strong foundation.
The Importance of Due Diligence
Buying a dental practice is a significant investment, and the listing will not tell you everything. A thorough evaluation surfaces risks and opportunities in the numbers, so your decision rests on analysis rather than impressions. The goal is to get the available information in front of you, and to be clear about what it does and does not cover, before you commit.
- Identify potential financial pitfalls.
- Understand the current staff and their impact, and analyze growth potential.
- Assess the practice’s patient base and reputation.
- Review the information provided about equipment, facilities, and location.
Our Proven Process for Evaluating Dental Practices
Financial Analysis
Review of financial statements, tax returns, and cash flow. Analysis of revenue trends and profitability. Assessment of accounts receivable and payable.
Operational Review
Evaluation of practice management systems and workflows. Assessment of staff efficiency and effectiveness. Analysis of patient scheduling and retention.
Patient Base and Demographics
Review of patient demographics and treatment history. Assessment of patient satisfaction and loyalty. Analysis of the practice’s online reputation.
Coding and Documentation
Review of how procedures are coded and documented, and what that implies for the revenue the practice reports. This is a business evaluation rather than a compliance audit — where something looks like it warrants a specialist or an attorney, we say so rather than clearing it.
Gain a Competitive Edge with Our Expert Evaluation
The analysis gives you a documented basis for your decision and for the terms you negotiate. It can help you:
- Understand the financial risk you would be taking on.
- Identify hidden opportunities for growth and improvement.
- Gain a clear understanding of the practice’s strengths and weaknesses.
- Negotiate from a position of strength, using the seller’s own numbers.
- Go in knowing what the practice’s numbers actually say.
- Make the decision with the available information in hand.
What the Evaluation Is — and What It Isn’t
Knowing the edges of this analysis is part of using it well.
- It is built from supplied information. We analyze the records you and the seller provide; we do not independently verify them.
- It is not a certified appraisal or a formal valuation opinion.
- It is not an audit, and not legal or tax advice. Your attorney and CPA do work here that we do not replace.
- It is not a clinical review or a physical inspection. We do not visit the practice, and we do not assess the condition of equipment or the suitability of the space.
Ask Us
How long does the evaluation process take?
The timeline varies depending on the size and complexity of the purchase opportunity, but we work efficiently to provide a timely and thorough evaluation. Once we obtain all requested information, we typically deliver in 3–6 weeks.
Do you visit the practice as part of a practice purchase evaluation?
No. Our evaluation is a cold, hard analysis based entirely on data and information including information about the location and equipment. To keep our practice purchase evaluation fee low, we do not visit the practice to form an opinion on the suitability of space and equipment to your needs.
Do you offer support after the evaluation is complete?
Yes! We’re here to answer any follow-up questions and provide guidance throughout the acquisition process.
What Clients Say
“Proveer helped to transform my practice from a small, owner-run business into a much more efficient and profitable practice that has a professional business structure in place.”
“The help with practice management allows me more time chair side, increased profits and most importantly time away from the office with my family.”