Buy Sell Agreement Dental Practice

If a patient suddenly discovers that they have to pay for a position other than their regular dental office, they are more likely not to pay than if the buyer of the practice tries to promote a good relationship with the patient through the transition process. To protect yourself from this possible consequence, you need to know when and if the seller can collect his debts, what is the amount of the collection costs and how to reconcile all the patients who remain in the office and who have an outstanding balance. "A good buy-sell contract will address the specific problems of homeowners," says Rickles. "That`s why most dental practices should avoid generic agreements…