Forensic Practice Intelligence
Your practice data is going under a microscope.
Do you know what they'll find?
Buyers normalize every add-back, re-score every KPI, and audit every revenue line. Most sellers don't see the adjustments until the re-trade. We find what they'll find — then fix it before they do.
Already 12–18 months from a sale? Request a confidential briefing →
The Engagement Framework
Find it. Then fix it.
Every PDA engagement follows a two-phase forensic methodology — diagnose the exposure, then build the systems that eliminate it. Both tracks benchmarked against a 2,500-practice national baseline.
Phase 1 — Diagnose
Financial Forensics
EBITDA Normalization & QoE Defense
We extract your raw PMS data, locate unsanitized write-offs and coding anomalies, and benchmark your margins against our national database — before a buyer's QoE team does it for you. The output is a complete forensic map of your Phantom EBITDA exposure: every add-back they'll challenge, every overhead line they'll normalize, every revenue stream they'll discount.
Post-QoE Value Loss 85% The percentage of sellers who lose enterprise value after the buyer's Quality of Earnings audit — through holdbacks, re-trades, or post-close adjustments. Explore Financial Forensics →Phase 2 — Remediate
Practice Optimization
Operational Architecture & Revenue Defense
We build the auditable systems that close the gaps forensics exposed. Case acceptance protocols, hygiene margin optimization, collections architecture, schedule density — documented SOPs that replace personality-driven management with owner-independent operations. The output is a practice that proves it runs without you.
Practices With Undefended Margin 100% Every practice we've evaluated — across 500+ engagements — had recoverable margin in at least one KPI domain. The smallest gap we've ever found was $250K. Explore Practice Optimization →Quantify Your Exposure
Stop guessing. Score it yourself.
Two proprietary tools built on the same benchmarking framework we deploy in full engagements. Score your practice in minutes — before a buyer scores it for you.
EBITDA Leakage Calculator
Overhead Structure & Margin Forensics
Score your overhead structure against institutional benchmarks. Identify the exact categories bleeding margin — and quantify the EBITDA you're leaving undefended.
Valuation Calculator
Enterprise Value & Multiple Estimation
Estimate your practice's enterprise value using EBITDA-based methodology with growth, risk, and market adjustment factors. See the number a buyer's model will produce.
The Research Foundation
Built on Operational Reality
The Data Driven Dentist
Latest Intelligence.
Financial Analytics
The Handshake Valuation: Why Selling to Your Associate Is the Most Mispriced Deal in Dentistry
Selling a dental practice to an associate skips the auction — and usually the forensics. How internal transitions get priced by relationship, why the seller becomes the bank, and what a defensible internal deal requires.
Financial Analytics
The Net Number: Why Your Multiple Isn't the Money You Keep
Two dentists sell for the same $5M headline, but one keeps $700K more. How deal structure — asset vs. stock sale, purchase-price allocation, and entity type — decides your after-tax dental practice sale proceeds.
Growth Strategy
The Wrong Board: Why Dentists Optimize a Game They Never Chose to Play
Most dentists inherit their practice model — insurance contracts, real estate, associate hires — and optimize a game they never chose. Why that path builds a high-paying job, not the business an institutional buyer pays a real multiple for.
The Data Driven Dentist Newsletter
James & Joe write here first.
5,000+ dental operators and M&A participants subscribe. This is the only place you get both perspectives — clinical architecture and analytics validation — in one newsletter.
The Next Step
The diligence team is already building their model.
Are you building yours?
Most founders walk into a transaction assuming their numbers are clean. By the time the QoE report lands, the re-trade is already in motion. The sellers who protect their multiple are the ones who ran the audit first.
Free, instant download — or request a confidential briefing → if you’re already near a transaction.