Secrets of Successful Dental Transitions and Acquisitions with Kim McCleskey

Brief summary of show:

In the ever-evolving world of dentistry, understanding the complexities of practice transitions can be crucial for securing your future. What are the best strategies for expanding or selling a dental practice? How do DSOs impact your career decisions?

In this episode of Dental Decoder's podcast, Rebecca and I are joined by Kim McCleskey, a seasoned professional in the dental industry with over 35 years of experience. 

Kim shares her extensive journey, starting from managing dental practices to establishing her consulting company, True North, and her ongoing role at Professional Transition Strategies (PTS). She discusses the dynamics of selling and acquiring dental practices, the pros and cons of DeNovo versus acquisitions, the impact of DSOs, and the importance of having an advisor. Kim emphasizes the value of being of service in the industry, providing insightful advice for both sellers and buyers.

Kim also shares her unique perspective on the critical aspects of dental practice transitions and highlights the significance of mentorship, ethical practices, and strategic planning for success in the dental field.

We talk about:

• 00:00 Introduction

• 00:51 Kim McCleskey’s Journey in Dentistry

• 02:23 Starting True North and Merging with Avidas Group

• 06:15 DeNovo vs. Acquisition: Kim's Perspective

• 08:37 Advice for New Dentists and DSOs

• 12:13 The Importance of Advisors

• 15:50 Selling a Dental Practice: Process and Tips

• 21:10 How to Connect with Kim 

• 22:17 Decoding Moment: Be of Service

• 22:54 Conclusion and Future Topics

Connect with Kim

• LinkedIn: https://www.linkedin.com/in/kim-mccleskey-8b857718/ 

• Facebook: https://www.facebook.com/ProfessionalTransitionStrategies/ 

• https://www.professionaltransition.com/ 

Connect with me

• Instagram: https://www.instagram.com/skfpracticesolutions/

• Instagram: https://www.instagram.com/thedentaldecoders/ 

• TikTok: https://www.tiktok.com/@skfpracticesolutions

• TikTok: https://www.tiktok.com/@dentaldecoderspc

• Facebook: https://www.facebook.