• Season 2 Episode 1 - Are we still convinced to Just Say No to the DSO

  • Apr 9 2024
  • Length: 30 mins
  • Podcast

Season 2 Episode 1 - Are we still convinced to Just Say No to the DSO By cover art

Season 2 Episode 1 - Are we still convinced to Just Say No to the DSO

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  • Summary

  • The podcast is episode one of Season 2 for “Just Say No to the DSO"; Hosted by Bob Spiel and
    co-host Nate Williams, it discusses reasons why dental practice owners should avoid selling to
    Dental Support Organizations (DSOs). Bob Spiel has an MBA and is a practice management
    consultant, while Nate Williams is a dental CPA. They have both been in dentistry for over 15
    years.

    Key points discussed: Introduction: Bob and Nate introduce themselves, emphasizing their
    experience in dentistry and financial consulting.

    Reasons to Avoid DSOs: They discuss three prevailing myths about selling to DSOs:
    ● Myth 1: Selling to a DSO will make more money.
    ● Myth 2: Selling to a DSO means earning passive income from others'; work.
    ● Myth 3: Selling to a DSO will make life easier.

    They then dive into:

    Reflection on Season 1: Bob and Nate reflect on Season 1's topics, emphasizing the
    importance of owning a dental practice for long-term wealth.

    Changes in the Industry: They discuss the rapid growth of DSOs and the
    challenges they face, such as contract expirations and recruitment difficulties.

    Case Study: Bob and Nate share a real-life example of a DSO facing financial
    difficulties and restructuring, highlighting the risks associated with selling to DSOs.

    Lessons Learned: They draw parallels with the medical industry's shift towards
    corporatization and caution against losing control over one's practice and profession.

    Preview of Season 2: Bob and Nate outline the topics to be covered in Season 2,
    including financial principles, contract analysis, equity considerations, and common
    pitfalls.

    Conclusion: Just Say No to the DSO! If you have any questions, please send them to
    questions@justsaynototheDSO.com

    Overall, the episode serves as a warning against the potential pitfalls of selling private dental
    practices to DSOs and provides insights to help dentists make informed decisions about their
    practices'; future.
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