Buying a dental practice? Do your due diligence?

Dental practices that are compliant with applicable regulations are worth more than those that are not. Regulatory due diligence compliance audits should be conducted before entering into significant business transactions for the same basic reasons as financial due diligence: they make good business sense, they can help buyers avoid expensive regulatory problems later on, and they can save you money.

Compliance issues are often complex; the typical financial due diligence audit rarely provides the mechanism to find out whether or not a potential acquisition or merger partner is in compliance with all applicable regulations, particularly with respect to fraud and abuse. DCS assists clients in conducting the portion of regulatory due diligence audits that assesses compliance with infection control, OSHA, HIPAA and fraud and abuse laws.

An ounce of prevention is worth a pound of cure. Consider investing in a few ounces on prevention before you buy a dental practice. You don’t know what you don’t know and what you don’t know can dash your dreams and kill your career.