Episode 25 Kyle Francis of Professional Transition Strategies discusses Financial Recovery options for Owner Doctors after Covid -19

Topics Covered Today: Historical context of this issue The Cares Act in total The PPP program How to use it How to apply How does it work with other programs The EIDL program (same categories as above) Strategic options during this time What are banks doingWhat are PE groups doingWhat can be done during this timeWhat is EBITDA really and how will my practices value be affected by the current economy.

BioAfter receiving his bachelor’s degree in Entrepreneurship and Professional Sales from Baylor University, Kyle completed the MBA program at the University of Colorado with specialties in Finance and Strategy. Kyle has worked in the dental and medical field since 2005 consulting for practices, medical device companies, and groups of practitioners. He has used this knowledge to consult over 50 start-up companies and dental practices, as well as help build well over 100 dental and medical practices across the country. He has owned all or part of 24 practices and has been an investor in multiple DSO concepts. Kyle created Professional Transition Strategies (formerly Headwaters Practice Consultants) to facilitate the sale of over 350 dental practices as a buyer’s representative, seller’s representative, or as a transaction broker. His M&A work has resulted in over $200M in total deal flow. His specialty is offering unique options to sellers allowing them to explore individual, group, and private equity investments to achieve the transition goals of his clients. Many times this results in much larger gains for the sellers he works with by putting the buyers in competitive situations. He and his family live in Colorado Springs where he enjoys golfing, skiing, and hunting as often as he can.