Proveer Advises Dental Practice Purchases in West Michigan

April 19, 2010 - PRLog -- Proveer Practice Management served as practice transition advisor for its third dental practice acquisition in Grand Rapids in the last twelve months.  In recent months, dental practice acquisitions have become a major driver of business for Proveer.  

According to Greg McGlaun from Proveer, “Proveer has created a lot of value for clients through its advising on dental practice acquisitions.  But just two years ago, practice acquisitions weren’t on our radar screen.”  Now, however, practice acquisitions seem to be a major driver of business for Proveer because clients typically ask Proveer to advise on business and practice management issues after the acquisition.

Proveer works much like a typical dental practice transition advisor in helping clients identify potential dental practices to buy, negotiate the price and terms of the deal, line up financing, and work with the accountants, bankers, and lawyers in the deal.  But Proveer leverages its expertise in managing dental practices to go beyond the typical deal adviser role.  Proveer helps clients, who are typically dentists with little training in business, tackle dental practice management issues including staffing, compensation, scheduling, billing, insurance contracts, fee setting, financial management, marketing, and dental coding.

According to McGlaun, “The business choices made in dental practices have dramatic effects on the success of the practice and the impact is especially large surrounding a change in ownership.  Once we form a working relationship with a dental practice owner, the client typically wants to keep us around.”

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Proveer Practice Management provides dental practice management and dental practice mergers and acquisitions services. Proveer can be reached at 616-719-8000 or found at http://www.proveerpm.com.