The questions regarding "where" an OMS practice has the best chance to succeed will be covered. This includes locations (such as favorable places in the United States) in a given market, places within a community that will likely be optimal for a practice as well as demographic factors that are proving most desirable. This session will serve as a guide to practice purchase and startup.
Learning Objectives:
At the conclusion of this presentation, participants should be able to:
Use credible sources for demographic and psychographic data.
Discuss how the demographic variables of site selection have changed in the United States this year.
Explain how a practice transition (whether a purchase or a startup) is an investment and that lenders, brokers, consultants and others are evaluating risk differently.
Identify the directions of the economy and demographics of the United States that are shifting in regard to practices.