Completing the mountain of paperwork involved in selling or buying a dental practice can feel like pulling teeth. That is because strict rules introduced by the health and social care regulator Care Quality Commission (CQC) now makes it a legal requirement for dentists to register with them. As a result, individuals looking to acquire a dental practice should not underestimate the sheer amount of time needed to fulfil CQC's rigorous requirements.
In fact, filing the application and then waiting for the CQC's response can take up to 11 weeks and that is only if every single one of the 7 forms are completed in full and are all 100% accurate. If you are new to this, then it is easy to get frustrated and fall at the first hurdle. Thankfully, you can glide through this arduous process with our help.
Rely on our experts at Retiring Dentist who are on hand to guide you through the process quickly.
It is important to complete the CQC registration correctly even though it is a laborious process that requires meticulous attention to detail. This is because the registration process is intended to raise standards and verify professional credentials. Any mistakes - even simple administrative errors - in the application process will lead to the CQC rejecting your submission. This means it is very easy to return back to square one if you fail to get everything right the first time. This can drastically slow down the process of your sale and may even result in lenders holding back their cash to finance your deal until CQC's permission is granted. Sadly, there are no shortcuts as the CQC registration is a mandatory prerequisite for all regulated activities. Even start-up organisations need to complete registration before they can open for business. But under our watchful eye, you can avoid making silly mistakes that could lead to your submission being thrown out and your sale being delayed.
Don't be put off by this necessary but lengthy process because we are here to help.
Allow our team of experts to guide you in the selling or buying of a dental practice.
We have a full range of services that ensure our clients stay in control of their engagement with the CQC. Let us help you avoid the pitfalls and common mistakes that often lead to the forms being rejected. Instead, hand over the process to our experts who will issue you with diligence guidelines, offer tips on how to handle the CQC process and introduce you to solicitors that provide fixed fees. Most importantly, we work quickly and are always contactable - so if something does not quite seem right or you need more information on any part of the process, then rest assured that our team will always be on hand to assist you. If you are keen to learn more and discuss how we can support you, then call us on 01765 698699.