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Those are two different things, typically. A business manager taking 10% means they're still running the practice day to day and seeing patients. PE will come in to buy the entire practice from the doctor/dentist/vet that owns the practice, buying it from them entirely.

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Oh, definitely. But what my parent comment was suggesting that PE do for their dentist is what 10% business management companies were already doing.

An acquaintance doctor in vet med was pitched 10% ownership in a practice buyout; PE would do business management. The doctor countered with the PE company getting 10%, since they won't be doing any medicine. The PE company declined.

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