All, Dental Eric J. Ploumis, D.M.D., J.D. All, Dental Eric J. Ploumis, D.M.D., J.D.

Coverage Groups: Don’t be Caught Dead Without One

Dentists, by nature, are solitary beings. Most practice alone and many have no arrangement to keep their practices running if they are unable to be in the office. The thinking often goes, “I have life/disability/overhead/malpractice insurance. What else is there to worry about?” An often-overlooked “insurance” is the cross-coverage group—an agreement among like-minded practitioners to fill in for one another if a member is disabled or dies.

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Veterinarian, All Bill Murray Veterinarian, All Bill Murray

Top 3 myths told to aspiring veterinary hospital owners

At Wicklow, we often talk to associate veterinarians who are considering ownership but aren’t sure if it’s possible. Often, what’s holding them back is misinformation. That’s why we’re featuring this insightful article from Anthony Principe, VP at Bank of America Practice Solutions. Anthony explains the most common myths told to aspiring practice owners and why ownership is more feasible than you might think.

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All, Veterinarian Bill Murray All, Veterinarian Bill Murray

Preparing Your Veterinary Hospital for Sale: Your Facility Matters

Selling a veterinary hospital is a major transition that requires strategic planning and investment to maximize value. Whether you're looking to retire, relocate, or simply move on to new ventures, ensuring that your facility is modern, compliant, and market-ready can make a significant difference in attracting buyers and securing a profitable sale.

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All, Dental Bill Murray All, Dental Bill Murray

Navigating Dental Support Organization (DSO) Partnerships: Insights for Mid-Career Dentists

If you’re a mid-career dentist, you might be surprised to hear that partnering with a Dental Support Organization (DSO) isn’t just for those nearing retirement. More and more mid-career dentists are exploring DSO affiliations as a way to grow their careers, secure financial stability, and lighten the load of managing a practice.

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Veterinarian, All Bill Murray Veterinarian, All Bill Murray

Selling to Corporate Entities

In this article, Peter Tanella of Mandelbaum Barrett Law Firm discusses a major trend impacting veterinary hospitals: selling to corporate entities. With nearly 30% of veterinary practices now under corporate ownership, knowing how to approach a sale has never been more important.

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All, Veterinarian Bill Murray All, Veterinarian Bill Murray

But my practice has so much potential!

Valuing professional practices like those of veterinarians and dentists can be complex. Unlike tech startups, these practices are usually assessed based on historical financial performance rather than future potential. This conservative approach is due to their nature, risk profiles, and specific valuation metrics. In this article, we'll explore why buyers often prioritize past financial performance over potential growth for veterinary and dental practices.

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Dental, All Bill Murray Dental, All Bill Murray

Nearing Retirement: Dental

If you're reading this, chances are you're nearing retirement and contemplating selling your dental practice. First, congratulations on reaching this significant career milestone.

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