Practice ownership can be incredibly fulfilling and beneficial. While in dental school, you may want to consider how pursuing practice ownership could change your professional and personal life. Join Michael Jerkins, MD, M.Ed, president & co-founder of Panacea Financial and learn how to take this next step on your career path.
Learning Objectives
At the conclusion of this session, participants will be able to:
- Detail the pros/cons of buying into a practice versus acquiring a practice versus starting one from scratch
- List the ways a dentist can pay for a minority buy-in
- Compare and contrast the types of loans to start, acquire, or expand
- Set up their personal finances in preparation of someday becoming an owner
Michael Jerkins, MD, M.Ed
Michael is a practicing physician in Little Rock, Arkansas as well as the president and co-founder of Panacea Financial, a bank built for doctors, by doctors. After earning his BBA in Economics he deferred his medical school acceptance to teach middle school science in the Phoenix, Arizona area while also earning his Masters in Education from Arizona State University. He then completed medical school at the University of Tennessee Health Science Center before finishing his residency at University of Cincinnati Medical Center and Cincinnati Children’s Hospital. With a faculty position and board certifications in both Internal Medicine and Pediatrics, Michael is able to treat patients of all ages and teach medical trainees in both inpatient and outpatient settings.
Rob Borcherding, Regional Healthcare Manager
Rob Borcherding is a Regional Healthcare Manager with Panacea Financial and is based out of the Western Side of the Twin Cities, MN. He started his career with Norwest Bank as a teller in 1999, and over his 25+ years, he's held various management positions in Consumer Finance, Retail Banking, and Healthcare Lending. He holds a BS and BA from University of St. Thomas, where he triple majored in International Economics, International Business - German Intensive and General Business Management.
At Panacea, Rob is a regional and nationwide consultant to doctors or students interested in private practice or in need of doctor-specific consumer banking and lending. Whether it's preparing for ownership, starting or acquiring a practice, expanding or growing a practice, or preparing for transition, his role is to support, guide or connect that practitioner to Panacea's vast network of resources and tools.
This session is presented by
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