Opportunity: Our client, a 70 year old dentist maintained his dental practice in a residence owned by a family member. When the family member died his estate was required to sell the residence. The sale required the dentist to vacate the premises on an expedited basis.
Action: We surveyed our vast network of dental accountants, attorneys and business professionals to identify dental practices which expressed an interest in acquiring the records of our client’s dental practice.
Result: Our client interviewed several candidates and sold his practice in a timely fashion. He was also able to continue to practice dentistry subsequent to the sale. In the event he had not completed this transaction, he would have had to close his practice, store the patient records, incur costs as custodian of the records and would have been unable to continue to treat his patients and earn a livelihood.