Synergy Practices Dental Podcast

In this insightful Synergy Practice Podcast episode, Artin Safarian, the accomplished president and owner of Arminco Inc., engages in a dynamic conversation with Dan De-Steno, a seasoned professional from NOVA Computer Solutions, a dental-focused IT company. The episode delves into the nuances of the IT landscape within the realm of dentistry, drawing a sharp contrast between practice start-ups and practice acquisitions. Artin and Dan share their expertise, exploring the unique challenges and considerations involved in each scenario. Listeners gain valuable insights into the strategic approaches and technological considerations that play a pivotal role in the success of dental practices, shedding light on the symbiotic relationship between construction and IT in the dynamic world of dental healthcare. Whether you're a dental professional, an entrepreneur, or simply curious about the intersection of construction and IT in the healthcare industry, this episode offers a compelling exploration of the intricacies shaping the future of dental practices.

Dr. Ben Liu who is a pediatric dentist discusses his unique journey from when he started owning his first practice to the knowledge he has today after owning multiple practices.   Dr. Ben Liu has started his practice as well as bought multiple practices.  He speaks to Artin Safarian about the challenges and the benefits of both cases.  

Rafael Martinez of VA Partners Bank discusses lending with Artin Safarian to dental and medical practices.  He goes into details explaining how and what the banks view when looking into lending to doctor's.  He further evaluates and explains the benefits of Purchasing a practice as well as Starting a practice and how the banks view when providing a loan for either one.

As a general dentist who started his own practice about 15 years ago, Dr Sebeih explains why knowing your numbers in business will help you make good decisions.  He discusses with Artin Safarian the steps one needs to take when deciding on purchasing a practice and compares it to what he did when thinking about owning his own practice.  Dr. Sebeih goes into detail explaining what type of practices he would purchase if he chooses to purchase a practice and the reason why he built (started) his practice that he has now.  

Dr. Kreisheh discusses his journey of starting a practice.  He discusses what he did to evaluate purchasing a practice vs starting one on his own and talks about how he ended up concluding to start one up.  He discusses the comfort level he has now since he started the practice and what he recommends to anyone looking to own a practice.  Dr. Kreisheh discusses the advice he got when he was deciding on his path and why he went against the given advice. 

Michael Anderson, the owner of a marketing company called Wonderist discusses Practice Acquisition vs Start up from the viewpoint of marketing as well as business investment with Artin Safarian.  The conversation goes deep into what it means to own a practice and what it takes to know if you are ready to purchase a practice vs. to start one up.  The two compare the dental business with their own businesses and evaluate by expressing what they would do in the dental industry from a business standpoint. 

Dr. Williams, who is a retired dentist and someone who has been teaching at the University of Maryland School of Dentistry for years now, discusses the importance of understanding the type of dentistry prior to purchasing an existing practice and/or starting a new practice.  Dr. Williams evaluates how dentistry has changed over the years and the process of what he went through when he started his practice in the 80's

Dr. Harshit Aggarwal discusses in details about his journey of buying an existing practice and what he went through and why he chose the specific practice that he purchased.  He provides great information in regards to purchasing a practice as well as starting a new practice.  His discussion with Artin Safarian goes into details with what he would recommend new dentists to do now-a-days in regards to evaluating purchasing a practice vs. starting one up.  He discusses the difference in specialty dentistry vs. general dentistry, and the marketing aspect of each and how it relates to making your decision. 

Artin Safarian discusses with Dr. Orraca-Tetten her path to success through her start-up.  Dr. Orraca-Tetten talks about her decisions of why she picked doing a start-up vs. an acquisitions which she explained was an option for her at that time. 

Dr. Harry Snydman, who is with Choice Dental Practice Transitions has a detail conversation with Artin Safarian in regards to his extensive experience in starting a practice as well as purchasing a practice.  Dr. Harry Snydman practiced dentistry successfully for years and is now with a company that brokers acquisitions.  Being personally involved with the reality of starting up his own practice, as well as, purchasing and selling existing practices, he is able to share valuable information through his experience that can be beneficial for anyone who is flirting with starting a practice and/or purchasing an existing practice.