DSO Consulting
Understanding the DSO (Dental Service Organization) Business Model
What is a DSO?
A DSO business model consists of a group of dental practices that is managed by a centralized organization. This organization provides support services to the affiliated dental practices, such as administrative, marketing, and operational assistance. Essentially, a DSO acts as a management entity overseeing multiple dental offices.
DSOs have gained popularity in recent years as a way for dentists to streamline administrative tasks, access resources, and focus more on patient care. However, there are important factors to weigh when taking into consideration joining or selling to a DSO.
DSO vs. Private Practice
DSOs operate differently from traditional private dental practices. In a private dental practice, the dentist typically owns and manages the practice independently, making all decisions related to patient care, staffing, and finances. In contrast, in a dental DSO structure, the dentist may become an employer or partner of the organization, relinquishing some control over practice management in exchange for support services and resources provided by the DSO.
There are advantages and disadvantages of DSOs, and dentists should carefully evaluate their preferences, goals, and values when weighing DSO vs. private practice business models.
Selling to a DSO
For dentists considering selling their practice, selling to a DSO could be an option worth exploring, if it is done transparently and properly. DSOs can provide attractive benefits, such as ongoing support, access to technology, and potential career advancement opportunities within the organization.
However, selling to a DSO also comes with considerations regarding autonomy, patient relationships, long-term career goals, and potential financial hardship. That’s why the Watson Brown team is here to provide DSO consulting to help you consider all the factors and make an informed decision that is right for you.
