Services for dental practitioners

Consulting, advice & brokerage for the dental community

What we do for our clients

Lewis Health Profession Services, Inc. offer a range of consultative services for the health practitioner on a fee for service basis regarding; practice valuations, professional practice sales, buy/sell negotiations, transition structuring, and opportunity assessment. Having served approximately 2,000 clients, Mr. Lewis has appraised more than 1,800 professional practices, served as expert witness in the valuation of same, and been involved with sales of over a thousand dental practices.

Brokerage Services

Lewis Health Profession Services has been an industry leader in brokering dental practices for over 30 years.  We have been involved in the sale of over 1000 dental practices and have an expertise in covering every aspect of a dental practice transaction.  Lewis Health Profession Services prides itself on its transparency and integrity throughout the transaction.  We represent one party in each transaction, but work to ensure all parties are satisfied with the outcome.

Practice Appraisals

Lewis Health Profession Services is highly qualified to appraise a dental practice.  Dan Lewis, President, has been active in the dental profession for over 40 years.  His unique blend of 13+ years in the dental equipment and supply business, coupled with an additional 30+ years in structuring transitions of dental practices make Lewis Health Profession Services uniquely trained to provide appraisal services to the dental profession.

Our appraisal report is a comprehensive analysis of the business and is generally provided on a fixed fee basis. The report includes an analysis of historical practice revenues and profit, an inventory of the major physical assets, an assessment of practice strengths and weaknesses including local market characteristics and a valuation of revenue sources.  In addition, Lewis Health Profession Services can provide Opinion of Value reports in letter form for those clients who need a less comprehensive estimate of Fair Market Value.

Appraisals are frequently required for:

  • Practice sales
  • Partnership buy-ins
  • Purchaser evaluation
  • Partnership buy-outs or dissolution
  • Estate Planning
  • Divorce settlement or other legal matters
  • Transition planning for Associates
  • Financing or Refinancing of practice debt

For more information about appraisal services, please contact us by phone or e-mail. Rest assured that all inquiries are handled in strict confidence.

Transition Strategy

Lewis Health Profession Services provides the necessary guidance and advice for dentists looking to shift their dental career. Whether you are an experienced doctor planning for your future retirement or a recent graduate searching for the right opportunity, LHPS is happy to assist your next career decision.

Retirement Planning

Planning an exit strategy can be an overwhelming and stressful time in a dentist’s career. We understand that a retirement decision can be emotional as you have worked to build your practice and your patients are like family. Lewis Health Profession Services assists dentists in designing an exit or retirement plan that is both personal and financially beneficial.

Recent Retirement References

Partnership Structuring

Lewis Health Profession Services develops partnership strategies that are practical and economical. Partnerships often result in a future buy-out and there are many details to consider when constructing a multi-doctor practice. We offer assistance in negotiating terms and we structure partnership plans that are equitable for all parties involved. We also help guide dentists who are curious if a partnership plan is right for their practice.

Recent Partnership References

Associate Opportunities

If you are a recent dental school graduate, locating an associate opportunity is often the most desirable initial career step. Additionally, many doctors are trying to decide if their practice should consider an associate. Lewis Health Profession Services helps identify associate opportunities and helps practicing dentists decide if an associate is right for them financially.

Selling A Practice

Lewis Health Profession Services will assist a doctor or estate in selling a practice for any reason including:

  • Retirement
  • Relocation
  • Career change
  • Estate Settlement
  • Health

Lewis Health Profession Services provides all services necessary to sell a dental practice and work to get the most value out of your investment. Our scope of brokerage services include:

  • Practice appraisal/valuation
  • Marketing package preparation
  • Practice listing
  • Confidential practice showing
  • Negotiating sale terms
  • Preparation of all necessary sales documentation
  • Pre and post-closing transition assistance

Retirement Planning

Planning an exit strategy can be an overwhelming and stressful time in a dentist’s career.  We understand that a retirement decision can be emotional as you have worked to build your practice and your patients are like family.  Lewis Health Profession Services assists dentists in designing an exit or retirement plan that is both personal and financially beneficial.

Partnership Structuring

Lewis Health Profession Services develops partnership strategies that are practical and economical.  Partnerships often result in a future buy-out and there are many details to consider when constructing a multi-doctor practice.  We offer assistance in negotiating terms and we structure partnership plans that are equitable for all parties involved.   We also help guide dentists who are curious if a partnership plan is right for their practice.

Multi-Doctor Structuring References

Buyer Representation / Opportunity Assessment

Purchasing a dental practice is a complex issue. Over the past 30+ years, Lewis Health Profession Services has assisted hundreds of dentists in this endeavor.   Whether you need a comprehensive independent appraisal, a 2nd opinion, or just someone to talk through the process with, we will work on your behalf.  Our firm has successfully helped dentists in:

  • Reviewing the appraisal and offer to purchase documents
  • Negotiating a fair purchase price and terms of acquisition
  • Structuring terms for Seller transition after the sale
  • Securing bank financing for the purchase
  • Preparing you for the assumption of the practice through a comprehensive checklist

Lewis Health Profession Services prides itself in offering experienced, knowledgeable assistance to a Purchaser, without creating an adversarial situation.

Opportunity Assessment References

Market Reports

Understanding the local market is a key factor when determining the right community for your practice. Lewis Health Profession Services can provide you with a comprehensive market report to assist in your location strategy and planning your market penetration approach. Once you determine a target location (Address, Zip Code, City, County, etc.), our market report includes the following factors for any radius around the targeted location:

  • Demographic and Socioeconomic Characteristics
  • Population (including historical and future annual growth rates)
  • Median Age and Age Distribution
  • Median Income and Income Distribution
  • Effective Buying Income (after-tax income)
  • Ethnicity Distribution
  • Household Spending on Dental Services
  • Household Spending on other Medical Services
  • Local Competition (including specialty practitioners)

We will analyze these factors to help you determine if a specific location fits your professional goals and lifestyle.

To talk with us about any of these services, please call (972) 437-1180 or email us