This is a very cool super easy to use tool from Dr. Bicuspid.
Get a free practice valuation when you answer a few quick questions.
It seems almost too easy. Just a few minutes answering basic questions most dentist know or can easily get from Dentrix and you have a valuation. The makers of the site do have a disclaimer including this, “This calculator is for illustrative purposes only and is not intended to provide advice or portray actual results” among other things. Nevertheless it seems to be fairly accurate, the goal is to be within 10-15% of actual practice value and is a great place to start. You can also plug in different numbers to see how the results might vary and from that make some future plans or set some future goals.
For example you can add a treatment room or change the percentage of PPO service you provide and see a change in your valuation.
One of the best features is that you can compare your results to national and regional averages.
The formula used in the estimator was developed in collaboration with John F. McDonnell of The McNor Group, providing a comprehensive range of services to dentist clients nationwide, specializing in dental practice sales and buyer representation.