As many of you may know, I recently joined the MB2 group. DSOs have drastically changed the dental landscape in the past decade or so and whether we like it or not, it is here to stay. The debate becomes whether or not the DSO model works for you.
We all have our own priorities in our lives in terms career and family. For my wife and I, it made sense for us to partner up with a DSO. However, we were in a position where we didn’t have to and unless it was the right fit, we were going to keep the status quo. My wife enjoys dentistry but the daily grind of having to manage a business stressed her. It detracted from her being able to do the dentistry she loved. For me, I wanted to take our practice to another level. A level that I couldn’t achieve easily on my own. For both of us, we wanted to spend more time with our children. How much is that worth?
After discussions with several DSOs, we decided to go with MB2 because it offered everything we were looking for of which the ability to maintain clinical autonomy was the most important. Isn’t that what we are all afraid of? That we’d sell to a DSO and all of a sudden, some entity from an office in NYC tells us that we must do crowns if there is more than 2 surfaces involved on a tooth or that we need to do root canals prophylatically, and all the other horror stories we hear.
With MB2, my wife and I were able to maintain our ability to decide the best treatment for our patients. MB2 were our partners in growing our practice, not partners in dictating treatment.
The other important factor was the sense of family that we felt with MB2. Again, I go back to description of some guy/gal paying us for our practice. We never see who these people are and then we get monthly bulletins espousing corporate talk. Not with MB2. They’ve created a unique business model where it is a true partnership. As one practice thrives, we all collectively thrive as business owners. They place a big emphasis on the social aspect of being part of MB2.
I recently had an opportunity to chat with one of the earliest members of MB2, Dr. Mauricio Dardano. It took me awhile to get him on as he’s been so busy helping grow MB2 but I finally managed to corner him into coming on to talk to the Nifty Thrifty group!
As a dentist, a practice owner, and now an MB2 ambassador, Dr. Dardano understands the questions and concerns that we have as dentist owners selling to a DSO. He has been there and done that and really brings an enlightening perspective to how MB2 is not just your ordinary DSO.
Anyone interested in learning more about this great DSO, email me at [email protected].
Find out about:
Why I partnered up with MB2
What makes MB2 different from other DSOs
What is the MB2 culture
- Recapitalization and how that benefits MB2 practice owners
If you’d like to learn more about MB2, contact me at [email protected] or send me a PM on Facebook!
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