Buy-Ins and Payouts in Oral and Maxillofacial Surgery Practices*
-
You must log in to register
- Member - $120
- Resident Member - $120
- Allied Staff Member - $120
- Professional Staff Nonmember - $240
- Other Nonmember - $240
- Practice Management CE Subscriber - Free!
- CE Subscriber (Clinical & PM) - Free!
This session will discuss the purpose, methods and implementation of extending co-ownership in a practice to an associate OMS. It will describe what it means to be a partner and cover the valuation, compensation and legal factors involved in developing the buy-in and payout structure.
*Indicates that this activity is approved by AAOMS for continuing dental education credit ONLY.
Learning Objectives
At the conclusion of this program, participants should be able to:
- Recognize what attributes and factors form the basis of offering partnership to an associate OMS.
- Discuss the elements of practice value in a buy-in, as well as key compensation, governance and operational rights and duties that form the core of a partnership.
- Explain what buy-in rights and duties must be observed when an owner departs the practice, including valuation components, and critical post-departure restrictions on competitive practice.
Joseph W. Gallagher, JD, LLM
Attorney
The Health Care Group
Blue Bell, Pennsylvania
Disclosure(s): No financial relationships to disclose
An Internet-based CDE Activity
Original Release Date: September 20, 2025
Expiration Date: September 20, 2028
Estimated time to complete this educational activity: 2.0 hour(s)
Method of participation: Self-Study
Joseph W. Gallagher, JD, LLM
Attorney and Consultant
The Health Care Group
Joseph W. Gallagher, JD, LLM is a shareholder, attorney and consultant with The Health Care Group, Health Care Law Associates, P.C. and Health Care Consulting, Inc. He has represented dental and medical professionals and their practice organizations for over twenty-five years on a wide variety of legal and business matters. With specialty representation of oral and maxillofacial surgery practices, Joe has extensive experience with co-ownership arrangements, practice sales, federal health law and compliance issues, practice valuations, and in structuring contractual arrangements (such as buy-in and pay-out, practice dispositions, employment agreements, mergers and joint ventures). His areas of expertise include health law and compliance, contracts, taxes and employee benefits. He designs and implements group compensation plans, deferred compensation arrangements and tax-favored retirement plans. Joe has lectured and written for numerous groups, societies and publications. He is a contributing author on numerous AAOMS-sponsored publications and has been the publisher and editor of On Managing (a monthly newsletter for medical/dental office managers).
Disclosures: No relevant financial relationships to disclose
Continuing Education Provider Approval
The American Association of Oral and Maxillofacial Surgeons is an ADA CERP Recognized Provider.
ADA CERP is a service of the American Dental Association to assist dental professionals in identifying quality providers of continuing dental education.
ADA CERP does not approve or endorse individual courses or instructors, nor does it imply acceptance of credit hours by boards of dentistry.
The American Association of Oral and Maxillofacial Surgeons designates this activity for 2.0 continuing education credit(s).
AGD - Accepted Program Provider
FAGD/MAGD Credit
11/1/22-12/31/26
Provider ID# 214680
Key:
Complete
Next
Failed
Available
Locked