Facilitating Dental Practice Transitions
Watkins & Letofsky, LLP, provides a complete range of services to facilitate the purchase and sale of dental practices. Our attorneys have extensive experience in this field and the special knowledge needed to protect the interests of dental professionals. Whether you wish to sell a dental practice or buy a practice, Watkins & Letofsky, LLP, can help you.
Call 866-439-1295 to schedule a free consultation about a dental practice transition. We have offices in Santa Ana, California, and Las Vegas, Nevada, to serve you.
Comprehensive Advice And Services For Dental Professionals
We can assist during all stages of the due diligence process, by examining these and other aspects of the proposed transaction:
Equipment and supplies inventory — Are the numbers appearing in the purchase and sale agreement accurate?
Patient list — Is it complete? Is it accurate and up to date? Does it contain contact information useful in marketing campaigns, such as email addresses?
Accounts payable and accounts receivable — We can review these to determine if they are in order. For receivables, we can analyze the aging data to determine their true value.
Continuity of patient care — A plan needs to be developed to introduce the new dentist to patients and ensure that those undergoing treatment regimens continue to receive care.
Noncompete agreement — If a noncompete agreement is required, we can draft an agreement or review the terms of a proposed agreement.
Real estate — We can review the lease, or if the practice is located in a stand-alone building, facilitate its sale by reviewing the purchase and sale agreement and mortgage documents.
Employment law — If you are purchasing a dental practice, we can provide employment law services to help you comply with state and federal laws.
Good will — Usually, this is the largest component of the sale. Working with an experienced dental practice valuation specialist, we will develop a true picture of the good will, the value of the equipment and supplies, and the value of real estate.
Watkins & Letofsky, LLP, also facilitates the sale and acquisition of other professional practices, including other types of medical providers.