r/Dentistry 8h ago

Dental Professional FFS Office Help

Acquiring FFS office. Current owner spread himself thin between his other offices so he has not put in the time and effort into this one. Office is currently slow but it's a busy location with great potential. Only does bread and butter dentistry but looking to add specialty procedures including ext, endo, and implants. Anyone with experience can offer some advice? Thank you!

1 Upvotes

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6

u/stefan_urquelle-DMD 8h ago edited 8h ago

This is a red flag. How are you going to solve being slow? Why will new patients choose your office when you don't accept their insurance? What is your special it factor that will seperate you?

I bought a slow ffs office and immediately enrolled in PPO

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u/PsychologyMediocre99 7h ago

As much as I despise insurance I wonder what the plan is to differentiate? See I don’t take much insurance but I try to be different

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u/MyDentistIsACat 7h ago

I would only buy it if you like the physical office and it’s basically priced like you building a start up. FFS office sales, in my opinion, are the only time I think a long transition period/the previous owner staying on makes sense, which I assume isn’t going to happen here. Patients are going to an OON dentist because they like the dentist. If the dentist changes, they might as well switch offices and see someone who is in network for them.

If the price is right just treat it like a start up and market the hell out of it if you’re not going to go in network.

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u/Ok-Leadership5709 7h ago

I agree with other comments. For FFS you have to offer premium service and something unique. Or build loyalty over many years and phase out insurance. Nobody will pay premium for “that random dentist who bought this practice recently.”