The Dental Truth Project

Are Dentists Selling Out Their Entire Industry? (E.6)

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Accelerate Dental CEO, Mike Baird, drops a devastating warning: This generation of dentists is actively selling out their entire industry - and the private equity deals that seemed attractive just years ago are now trapping doctors in receivership nightmares while permanently stripping dentistry of professional ownership.⁣

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Key Revelations:⁣
The Great Dental Industry Sellout⁣

  • Medical precedent is terrifying: 80% of doctors now work for corporate overlords⁣
  • Dental is following the same path: 25% corporate-owned and accelerating fast⁣
  • 60% of new dental graduates choose DSO employment over ownership⁣
  • Once sold to private equity, practices NEVER return to dentist ownership⁣
  • Young dentists are trapped as permanent employees with income ceilings⁣

    • ⁣

    💡 The "Ask Ken" Question: ⁣
    “Banks keep asking for accrual-based financials. Why isn't the cash basis good enough?" ⁣
    ⁣
    Ken's critical answer: Accrual accounting matches revenue with completed patient work - it's the only way to get accurate performance data and build reliable forecasts for growth without running out of cash.⁣
    ⁣
    Free Resource:  ⁣
    Free Cash Flow Analysis -  https://resources.accrudent.com/accrudent-free-cash-flow-analysis-template ⁣
    ⁣
    Got a burning question about dental finance?⁣
    Submit your question, and it could be featured in a future episode.⁣
    Ask Ken Form: https://resources.accrudent.com/ask-ken-form-the-dental-truth-project 

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    The Dental Truth ProjectBy The Dental Truth Project