Welcome back to the last post of our DSO blog series! Thank you to everyone who has read this far. The goal today – Recap: What have we learned, and what do we do next?
What exactly have we learned? I’ve summarized it for you below:
- Today, young dentists are attracted to the DSO model because it allows them to work in a complex network of practices and receive a small piece of the larger equity puzzle. Dental practice owners are attracted to the DSO model because that model can facilitate growth and scale.
- To build a DSO, you will engage a firm like Stock Legal to build out the structure, which typically consists of:
- DSO Entity Organizational Documents;
- Management Services Agreement;
- Employment Agreement; and
- Award Agreement (often paired with an incentive equity plan).
- The documents above build out the organizational structure that allows the DSO to provide “back office” (aka non-clinical) services to dental practices (typically owned by dentists).
Where do we go from here? That’s easy – Engage a firm like Stock Legal to assist with your DSO legal needs. It’s a simple as clicking on the green button in the upper right-hand corner of your screen that says “Request a Consultation”. You’ll promptly be connected with a Stock Legal attorney who can set up a time to talk through your legal needs. We want to help you build a team that allows you to achieve your DSO aspirations! We look forward to hearing from you!
If you’re considering a DSO and want more information or legal counsel, please contact us! We’re prepared to meet your timeline.
The choice of a lawyer is an important decision, and should not be based solely on advertisements.