Practice Purchase Evaluation
Dental Practice Purchase Evaluations With Clearer Answers
Make an informed investment decision for a strong foundation.
Why Evaluate Before You Buy
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.
How We Evaluate a Practice
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
Review of the patient base and treatment history. Analysis of the practice’s online reputation.
Coding, Insurance Claims Processing, and Billing
Review of how procedures are coded, how insurance claims are processed, and how patients are billed, and what that implies for the revenue the practice reports. This is a business evaluation, not a compliance audit.
What the Evaluation Gives You
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
A focused engagement with a defined scope: before it starts, we agree what the evaluation covers and quote it. Knowing its edges 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.
- Proveer takes no commissions or referral fees from brokers, lenders, insurance networks or DSOs.
After You Buy
The evaluation ends at the decision. If you go ahead, Proveer can also provide defined practice-management support through your transition into ownership while you settle in and take it over yourself. If you would rather keep that support afterwards, it can continue as Continued Support — ongoing practice management, with no long-term contract. Whether to keep it is your decision.
Evaluating a Practice You Already Own
A purchase evaluation examines a practice you are considering buying, working from information you and the seller supply. If you want the same kind of documented review of a practice you already own — with full access to your own records — that is a practice analysis.
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. The evaluation is an analysis of the data and information you and the seller provide, 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
“I started working with Proveer when I was negotiating a buy-in with my previous dental practice where I was an associate. That opportunity did not work out, but my experience with Proveer was great. A year later Proveer helped me find a practice that was a better fit.”
“I am in the process of winding down my 40+ years in dentistry and after many classes/seminars on valuation of practices I needed some real world advice — Proveer was outstanding in giving honest information on what a practice is valued at and the items that will increase or decrease both value and productivity.”
Ready to Talk About What Your Practice Needs?
A free 30-minute phone conversation about your practice, what you need, and whether Proveer can help. No obligation.
Schedule a Free Consult