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Business and Practice Services
MedaGroup and DentaGroup, with their personalized business approach, recognize the unique and specific needs of the physician and dental practitioner and the importance of the right physician and dentist to fit within the climate of your individual office. As licensed doctors and management professionals, we have twenty years of clinical experience, business consulting, and professional practice training that is necessary to assist you with our following practice enhancement programs:
PRACTICE FINANCING, SALES AND TRANSITION
"You choose when you want to start-up or sell your practice or business, and we find the best way to make it happen."
Many physicians and dentists elect to practice by themselves whether they are ready to start-up or retire. MedaGroup and DentaGroup value your practice philosophy and suggests a methodology for starting a new practice or the transfer of ownership to a new doctor. When retiring, receiving fair "value and terms" for perhaps your most valuable asset can assure a comfortable transition or retirement.
Practice Start-Up
• Financing
• Site Selection
• Real Estate and Lease Guidance and Referral
• Architectural Design and Build-out
• Marketing and Pre-Opening Management
Practice and Real Estate Sales
• Marketing the practice, real estate, or business for sale
• Evaluation/Analysis for fair market value
• Financing
• Contracts provided and negotiated for your accounting - legal team
• Supervision of process from listing to close of escrow
• Confidentiality guaranteed
Transitions
• Management of transition from Seller to Buyer
• Practices or businesses managed for absentee or disabled owners
PRACTICE APPRAISAL, EVALUATION, AND SECOND OPINIONS
"MedaGroup and DentaGroup provide an accurate and timely evaluation and opinion of value of your practice, making your medical or dental practice transition a smooth process and one that is compatible with the real world marketplace."
Your practice represents an asset in which you have invested enormous amounts of time, energy and money. MedaGroup's and DentaGroup's evaluation and opinion of value analysis and methodologies fairly reflect this value and provide the foundation for the sale of your equity, either in whole or in part.
• To establish fair market value
• To establish personal net worth
• For practice transition, practice purchase, investment, or divorce
ASSOCIATESHIPS
"MedaGroup and DentaGroup find the right associate for your office and suggest an arrangement which is equitable for both the owner and the associate."
As an owner doctor bringing in an associate employee, your goal is to practice together in a way that addresses and protects both parties' interests, MedaGroup and DentaGroup diligently review the critical factors for establishing this employer/employee association. Our comprehensive definition lays the foundation for an effective and efficient working relationship which may stand by itself or which may ultimately lead to a partnership situation.
PARTNERSHIPS
"MedaGroup and DentaGroup aspire to be a industry leader for practice buy-ins, income distributions, and buy-sell agreements"
Our time-tested methodologies clearly establish the parameters for compensation arrangements and practice responsibilities for your partnership. When one of you is ready to withdraw from the practice, we'll show you how your interest is valued and redeemed. We generate a "Soup to Nuts" project taking into account your individual transition scenario.
Gregory Edin, DDS MBA MHSA
President and CEO
Lesley Edin, BDS
Vice President
DentaGroup and MedaGroup
PO Box 28814
Scottsdale, Arizona 85255
Tel: 480.837.3700
Fax: 480.237.5427
Email: GregoryEdin@DentaGroup.com
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