General vs Specialty Practice Investment
General stability or specialty premiums? Each practice type offers different risk-return profiles for investors.
Investment Comparison
| Factor | General | Specialty |
|---|---|---|
| Valuation Multiple | 60-80% collections | 75-110% collections |
| Patient Base | Broader | Narrower |
| Referral Dependency | Lower | Higher |
| Equipment Investment | Moderate | High |
| Buyer Pool | Larger | Smaller |
General Practice Benefits
- Direct patient acquisition
- Diversified revenue
- More buyer options
- Easier to sell
Specialty Practice Benefits
- Higher fees
- Premium valuations
- Recurring revenue (ortho)
- Less competition
Conclusion
General practices offer liquidity and stability. Specialty practices command premiums but carry referral risk. Diversify for balanced portfolio.
Investment guidance? Contact DentalBridge.