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No Matter the Size of Your Group Practice Retention is Key to Growth...

Posted by Perrin DesPortes on Mar 12, 2020 10:31:42 AM

As the Wall Street Journal notes, a high employee turnover rate can cost “twice an employee’s salary to find and train a replacement.” Not only are there financial repercussions, a high turnover rate can also lower the knowledge base in your company and decrease performance and morale. If you want to avoid this negativity, it’s best to retain your best employees.

Whether you’re a group practice owner or an executive at a multi-national corporation, employee retention is key to long-term growth. Throughout the end of this year, we’ll tackle a number of issues affecting the growth of your organization, from retention to talent acquisition and compensation to employee motivation. This blog will focus on the implications of employee retention.

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Tags: Growing Your Dental Practice or DSO

The Top 3 Things Dentists Struggle with Most when Starting a Group Practice..

Posted by Perrin DesPortes on Mar 5, 2020 11:00:00 AM

It seems like everyone these days is starting a group practice or DSO.  And by now, we all know someone who just sold their business for some ungodly amount of money.  Figure it this way: you’re at 1 location, so you’re only 841 away from being the next Heartland Dental, right? 

I mean, really – how hard can it be?...

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Tags: Growing Your Dental Practice or DSO

TUSK Partners launches New “Equity Affiliation Strategies” Model

Posted by Perrin DesPortes on Nov 12, 2019 1:04:31 PM

November 12, 2019

FOR IMMEDIATE RELEASE

This Innovative Solution Promises to be a Major Growth Catalyst for Emerging Group Dental Practices

Charlotte, NC: Today TUSK Partners announced the release of their “Equity Affiliation Strategies” model, which addresses one of the greatest impediments to growth in the emerging group dental practice space: continued access to debt funding. The Equity Affiliation Strategy model complements the company’s philosophy of creating win-win solutions in the emerging group practice space and is expected to make an impact in the area of growth strategy for both acquisition-oriented and startup-based groups. The doctor-founded and debt-funded group practice sector is the fastest growing segment in all of the dental market.

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Tags: Growing Your Dental Practice or DSO

PODCAST: Top 3 Metrics to Measure in a Group Dental Practice

Posted by Perrin DesPortes on Apr 2, 2019 10:16:00 AM

 

For those of you who have been subscribers to our blog for a while, you know that we write a lot of “content-heavy, long-form” pieces.  It’s safe to say that we’ll probably always fall back on that approach because it’s what you’ve come to expect from us.  That being said, we’ll also start trying some new approaches to sharing valuable information.

Here’s the THIRD “new approach” in an effort to make our content more easily digestible…

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Tags: Growing Your Dental Practice or DSO, Selling your dental practice DSO

PODCAST: Top 3 Things to Know When Acquiring Practices

Posted by Perrin DesPortes on Mar 26, 2019 10:46:00 AM

 

For those of you who have been subscribers to our blog for a while, you know that we write a lot of “content-heavy, long-form” pieces.  It’s safe to say that we’ll probably always fall back on that approach because it’s what you’ve come to expect from us.  That being said, we’ll also start trying some new approaches to sharing valuable information.

Here’s the SECOND “new approach” in an effort to make our content more easily digestible…

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Tags: Growing Your Dental Practice or DSO, Selling your dental practice DSO

Begin with the End in Mind (Part #4): What Are You Trying to Build…and WHY?!

Posted by Perrin DesPortes on Mar 19, 2019 6:00:00 AM

In our last two blog posts, we talked about having “the End in Mind," more specifically being financially-oriented as related to an exit strategy, delved into personal objectives - contrasting topics of lifestyle and income versus effort and wealth, and finally looked at the operational considerations around the structures of the business itself.

We saved arguably the best for last…

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Tags: Growing Your Dental Practice or DSO, Selling your dental practice DSO

The 2019 McGuireWoods Healthcare Private Equity Conference, a Recap from Chicago: Part TWO – Valuation Concerns

Posted by Perrin DesPortes on Mar 13, 2019 7:18:00 AM

We spend a lot of time on the road each year and have the good fortune to be able to speak in front of many diverse audiences, so it’s really nice to have an opportunity “to be a student” from time to time.  One of those times is our annual trip to “Chiberia” in February for the McGuireWoods HealthCare Private Equity Conference. 

Hopefully you found Part One of this blog valuable.  In the event that you missed it, you can access it HERE.  Let’s get going on part two, which will focus on Concerns around Valuation. 

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Tags: Growing Your Dental Practice or DSO, Selling your dental practice DSO

The 2019 McGuireWoods Healthcare Private Equity Conference, a Recap from Chicago: Part ONE – Outlook & Exit

Posted by Perrin DesPortes on Mar 5, 2019 3:10:32 PM

We spend a lot of time on the road each year and have the good fortune to be able to speak in front of many diverse audiences, so it’s really nice to have an opportunity “to be a student” from time to time.  One of those times is our annual trip to “Chiberia” in February for the McGuireWoods HealthCare Private Equity Conference. 

We always learn a ton at this conference and 2019 was no exception – so much that we’re having to break it into two separate blogs.  Let’s dig in on the first one that will shed some light on the Economic Outlook for 2019 as well as Considerations for Building an Exit Strategy…

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Tags: Growing Your Dental Practice or DSO, Selling your dental practice DSO

Begin with the End in Mind (Part #3): What Are You Trying to Build…and WHY?!

Posted by Perrin DesPortes on Feb 26, 2019 6:00:00 AM

In our last two blog posts, we talked about having “the End in Mind," more specifically being financially-oriented as related to an exit strategy, and then delved into personal objectives - contrasting topics of lifestyle and income versus effort and wealth. 

If those two blogs gave you some clarity around financial outcomes, time frames, and effort, then hopefully this one will be equally beneficial in the areas of “the WHAT” and “the WHY.”

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Tags: Growing Your Dental Practice or DSO, Selling your dental practice DSO

PODCAST: Top 3 Struggles for Group Dental Practices

Posted by Perrin DesPortes on Feb 19, 2019 11:17:00 AM

 

For those of you who have been subscribers to our blog for a while, you know that we write a lot of “content-heavy, long-form” pieces.  It’s safe to say that we’ll probably always fall back on that approach because it’s what you’ve come to expect from us.  That being said, we’ll also start trying some new approaches to sharing valuable information.

Here’s one of the first “new approaches” in an effort to make our content more easily digestible…

Read More

Tags: Growing Your Dental Practice or DSO, Selling your dental practice DSO

TUSK Partners

We help you START, GROW and SELL your Group Dental Practice or DSO.

TUSK provides Industry-Leading Resources to Group Dental Practices and DSOs, such as:

  • Full Day Deep Dive
  • "2nd Stage" Financing
  • Modular & Strategic Consulting Services
  • Exit Strategy

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