1. Home
  2. Glossary
  3. Practice goodwill

Practice goodwill

Practice goodwill: Practice goodwill is the portion of a dental practice’s value attributable to intangible assets, such as patient relationships, reputation, location and staff, above the value of its tangible assets.

Practice goodwill is the portion of a dental practice’s value attributable to intangible assets, such as patient relationships, reputation, location and staff, above the value of its tangible assets.

Goodwill usually makes up most of a practice’s price in an asset purchase, and it depends on patients staying after the sale, which is why buyers look closely at active patients and the seller’s work-back. Buyers protect goodwill with a non-compete and transition terms.

Part of the DDSIntel glossary. See how the figures are built in the methodology. Markdown version: /glossary/goodwill.md.

Other terms