Assuntos
Administração da Prática Odontológica/organização & administração , Determinação do Valor Econômico de Organizações de Saúde/organização & administração , Contabilidade , Consultores , Administração Financeira/economia , Humanos , Advogados , Administração da Prática Odontológica/economia , Determinação do Valor Econômico de Organizações de Saúde/classificação , Determinação do Valor Econômico de Organizações de Saúde/economia , Medição de RiscoRESUMO
Until the 1960s, the value of a practice upon the retirement of the dentist was considered to be nil. In the next several decades, the value of a practice as a going business concern was recognized and formulas based on productivity were used to establish the sales price of "walkaway" practice transitions. Increasingly creative means, such as pre-sale, deferred pre-sale, shareholder process, incremental practice sale, and practice mergers have been created to make practice transitions more flexible, thereby maximizing the financial value of transitions. Dentists at the beginning of their careers will have an increasing range of opportunities in the future, with various combinations of financial security, freedom from manage- ment concerns, control over the practice, and accumulation of equity. Those in the 45- to 55-year age range should be planning in detail for their transition. Those older than 55 should begin exercising their plans since the future will involve much longer transitions.
