Owning a dental practice is a career milestone for many new dentists, but the financial burden and complex responsibilities of a solo practice can be overwhelming. Dental Service Organizations (DSOs) offer a practical solution, providing the benefits of ownership with less risk. Here’s how a DSO like Community Dental Partners (CDP) can be a bridge to dental practice ownership.

Benefits of DSO Ownership Track

• Financial Backing: Opening a solo practice can cost over $500,000—a significant investment, especially with student loans. Partnering with a DSO reduces this financial burden. CDP’s relationships with suppliers and contractors enable them to build and equip practices at lower costs, providing you with a ready-to-use office without the full financial strain.
  
  
• Instant Patient Flow and Brand Recognition: Building a patient base from scratch is challenging. DSOs, like CDP, come with established reputations and loyal patient bases, so your practice will open with patients already lined up, allowing you to focus on care rather than marketing.
  
  
• Administrative Support: Running a practice involves more than clinical skills. DSOs manage tasks like payroll, supply ordering, and regulatory compliance, letting you focus on patient care without the headache of business operations.
  
  
• Mentorship and Guidance: New practice owners benefit from expert guidance. DSOs offer business and clinical development support, helping you grow your practice with the latest technology and strategies.
  
  

While DSOs offer many advantages, evaluating whether their ownership track aligns with your long-term career goals is important. Additionally, ensure the DSO’s patient care philosophy matches your values. You’ll want to be proud of the care provided at your practice, and that starts with aligning with the right organization. For example, CDP strongly emphasizes patient-centered care, professional development, and creating a supportive environment for doctors.

Partnering with a DSO like CDP provides a clear path to practice ownership with reduced financial risk and administrative support. Learn more by scheduling a call with a Hiring Manager today!