Many doctors wonder if owning a successful practice while maintaining a healthy work-life balance is possible. Practice ownership has the potential to fit your unique goals. If you can dream it, you can make it happen. This lecture walks attendees through the financial and personal benefits of running a business where they practice three days a week. Attendees will be exposed to multiple scenarios, in-depth case studies, the risks and the steps to build a robust plan.

Understanding the key financial pieces and overall financial health of the practice is an important step to growing a thriving business. We'll examine the essential initiatives doctors need to be prepared and confident with whatever their unique ownership journey has in store. In this content-rich, interactive course using real case studies, attendees will learn proven formulas behind building wealth, improving cash flow, retirement planning, bringing in an associate or partner, plus the short- and long-term benefits of various savings environments. 

This full-day session will offer dental students, residents and associates the full disclosure of both the benefits and obstacles of owning a dental practice. Gain insight on navigating practice ownership from three presenters and experience the opportunity to network with current practice owners. With new dentists, owners and dental-specific professionals together in one room, this program is packed with insight and tools to kick off your career. This program includes breakfast and lunch.

8 am                     Check-in & Breakfast

8:45 am               Owning Your Dental Practice: The Bridge to Financial Freedom
                             Mr. Charles Loretto

This lecture provides attendees a realistic view of practice ownership versus an employee. Attendees will understand the necessary qualifications needed before starting a new practice or finding an existing opportunity. It will provide details on the key elements to study before purchasing a practice like location, patient mix, type of transition and more, and how to negotiate the deal financially once you find the practice of your dreams.

10:35 am             The Grand Slam: Early Years of Private Practice
                             Dr. Mark Hyman

Dr. Mark Hyman will share the keys to managing a successful practice and providing world-class service. Attendees will walk away from this course knowing how to implement the critical steps to renew a practice, discover the potential issues involved in handling new patients and utilize new techniques for keeping the team focused and enthused.

11:40 am             Lunch provided

12:10 pm            How to Buy or Sell a Dental Practice
                            Mr. Charles Loretto & Mrs. Christy Ratcliff

Current practice owners will be welcomed into the room at this point in the program. While this lecture will speak primarily to the owners, understanding both sides of the equation can offer a well-rounded picture for the transition process. This lecture will dive into the financial and operational expectations when bringing in a new doctor or selling your practice completely, tips for finding the right match and how to develop a strategy for an efficient transition.  

1:10 pm               Networking Social: Find Your Future Practice Opportunity

This course includes a moderated-networking session with current practice owners. Hear their stories, experiences and insight to get real-life perspective from doctors who have walked this path themselves.

NOTE: Students, residents and associates will participate in the full-day Practice Ownership Program, while practice owners and established doctors are invited to join the session halfway through the program for the “Are You Ready?” lecture and networking portion.

For more information, please visit ndptransitions.com/practice-ownership-program.

ADDITIONAL PERKS FOR STUDENTS & RESIDENTS:

For students and residents only, registering for this program allows you to receive a complimentary two-night hotel stay at the Westin Peachtree Plaza (while supplies last) and admission to the Hinman’s Night Out party on Friday! Note,that there is limited availability for hotel rooms. To accommodate as many students as possible, please try to room with a classmate or friend.

REGISTRATION NOTES:

• Students do not need to add Hinman’s Night Out to their Hinman registration. When you register for Course #Sa6095, the system will add your party ticket for free.
• You must book your hotel room at book.passkey.com/go/CainWatters2025 to receive the complimentary offer. If you book through Hinman’s general housing link, you will not be included in the NDP/CWA room block, and you will be required to pay for your room at your expense.
• When booking your hotel room, you can register for two consecutive nights at the Westin Peachtree Plaza that fall between 3/16/25 and 3/24/25, but you must register for and attend Course #Sa6095.
• When booking, you will be prompted to provide your credit card information to pay for any incidentals and late cancellations.
  
  HOTEL TERMS & CONDITIONS:
• February 21, 2025 at 11:59 EST is the cutoff date for booking and canceling your hotel room.
• If you cancel before February 21, your card will not be charged for the room.
• If you cancel after February 21, you are financially liable for the room through your card on file.
• If you do not attend the course, you are financially liable for the room through your card on file.
• If you attend the program and check into your hotel room, your room and tax will be 100% paid for (parking and incidentals are on your own).

Packed with educational insight and a networking social with new dentists, this session is ideal for current practice owners looking to either grow or transition their dental practice. It is the second half of the Practice Ownership Program. New dentists will participate in the full-day Practice Ownership Program, while practice owners are invited to join the session halfway through the program for the “Are You Ready?” lecture and networking portion. This event includes lunch.

How to Buy or Sell a Dental Practice

Whether you’re handing off the legacy you built to another doctor or inviting another doctor into your practice through partnership or associateship, transitioning your practice is a significant milestone. This lecture will dive into the financial and operational expectations when bringing in a new doctor or selling your practice completely, tips for finding the right match and how to develop a strategy for an efficient transition.

Networking Social: Meet Your Future Associate or Partner

Meet current associates, residents and dental students looking to take the next step in their career. Share your experience and hear the questions and concerns that they may have. You'll participate in a moderated networking session and meet with individuals who may be looking for the right practice opportunity.

For more information, please visit ndptransitions.com/practice-ownership-program.