<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=356276288176327&amp;ev=PageView&amp;noscript=1">

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

Posted by Perrin DesPortes on Nov 15, 2018 6:00:00 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.

Read More

Tags: Growing Your Dental Practice or DSO

The One Metric You Need to Know When Scaling Your Group Dental Practice or DSO

Posted by Perrin DesPortes on May 24, 2018 7:59:27 AM

We work with a lot of clients in our Blueprints for Scale strategic consulting program as well as those who visit our offices for one-on-one sessions (called “Full Day Deep Dives”) that inevitably want to know:

“What’s the magic formula for building a successful group dental practice or DSO?” 

They know – and we know – that there’s no “magic formula” or “silver bullet” for success. Having said that, there are some metrics you should know to determine if you’re “on track” for building a successful business.

Read More

Tags: Growing Your Dental Practice or DSO

Crucial Questions: The Credit Criteria Banks Review for Group Dental Practice Financing

Posted by Diwakar Sinha on May 15, 2018 6:03:00 AM

A few weeks ago, my partner, Kevin Arnold, wrote a blog post about “The Reasons DSOs Hit a Debt-Funding Wall” that created a lot of reaction. The subject matter is obviously a hot button for a lot of growing group dental practices and emerging DSOs these days, so we decided to revisit the topic and have a bank weigh in on the topic directly.

Imagine that – asking a real, live banker to share some “inside baseball” on the nuts and bolts of lending in the group practice space! 

Here’s what the boys in dark gray suits and floral ties had to say…

As the dental industry continues to boom, many group practices are reaching key points of growth in their business. Securing financing is a crucial step to scaling your practice and reaching your acquisition goals, but the process can be daunting. However, it doesn’t have to be.

Banks, whether they specialize in dentistry or not, all evaluate the same credit criteria when determining their risk appetite for lending: basic credit, practice ownership characteristics, and the group’s overall value proposition. 

Read More

Tags: Growing Your Dental Practice or DSO

Growing Group Practices and Enterprise-Level Advice: a Recap of the 2018 ADSO

Posted by Kevin Arnold on May 10, 2018 6:00:00 AM

If you are even remotely involved in the DSO or Group Practice space, there is a very good chance you were in attendance at the ADSO Summit in Austin. The 2018 Summit set a record for attendance and the buzz around the event was nothing but exciting! 

Education and advice from industry veterans was bountiful. What all did we learn?

Here are some valuable pearls…

Read More

Tags: Growing Your Dental Practice or DSO

The Single Best Way to Attract & Retain Key Talent

Posted by Kevin Arnold on May 3, 2018 6:00:00 AM

Scaling and operating a growing group practice is hard work.  In the early stages, success or failure can often hinge on the consistent revenue produced by your best providers.  You’re not alone.  In fact, “retaining key employees” is the number one challenge of every founder-owner of a group practice. 

But what if you could solve the problem of associate turnover in your business?

Could you turn a weakness into a strength? 

Or even create a competitive advantage?...

Read More

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 Apr 20, 2018 8:00:00 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?...

Read More

Tags: Growing Your Dental Practice or DSO

The Secret of Why DSOs Hit a Debt-Funding Wall

Posted by Kevin Arnold on Apr 12, 2018 6:00:00 AM

Life is good in your early-stage group dental practice.  Revenue trajectory is positive, your growing management team is starting to click, and the culture across your locations is finally gelling.  With this growth, your profitability is down a bit as you have invested in your management team, but this isn’t a surprise – and you know it’s for the best in the long term.  It’s all starting to come together right in front of your eyes! 

Life is good – and it’s about to get even better…

Read More

Tags: Growing Your Dental Practice or DSO

Industry Experts Weigh In on Tax Law Changes and Potential Impacts to Group Dental Practices & DSOs

Posted by Perrin DesPortes on Mar 29, 2018 5:30:00 AM

Unless you’ve been living under a rock for a few months, you’ve probably heard that Congress passed sweeping tax reform for 2018.  The impacts of this legislation will be felt far and wide, but the general consensus is that the reform will be good for both companies and individuals.  If that bears out to be true, the economic outlook for the United States should be very favorable for the years to come.

But, what does is mean for the dental industry and for DSOs in particular?  Everybody’s got an opinion, so we asked some friends to share some feedback.

Here’s what they had to say…

Read More

Tags: Growing Your Dental Practice or DSO, Company News, Dental Practice Brokerage

Growing Your Group Dental Practice or DSO: the Executive Edge

Posted by Kevin Arnold on Mar 13, 2018 5:00:00 AM

In late February, my colleague, Diwakar Sinha, and I were able to escape the blustery weather of the east coast and enjoyed a few days in beautiful Scottsdale, AZ at the Dental Entrepreneur Organization’s (“DEO”) exclusive Executive Edge Workshop.

The event was targeted to emerging group practice owners who are on the cusp of making their first C-level (CEO, CFO, COO, etc.) hire. 

Here are a few gems from an extraordinary two days…

Read More

Tags: Growing Your Dental Practice or DSO

Healthcare Valuations, DSO Outlook & Tips for Sellers – a Recap from the McGuireWoods Healthcare PE Conference

Posted by Perrin DesPortes on Feb 27, 2018 5:52:20 PM

Last week my partner,Kevin Cumbus, and I braved the cold of Chicago to do some networking and educate ourselves at the McGuireWoods Healthcare PE Conference.  The action is fast, and education comes courtesy of a firehose.   

Here are the three main things we learned.

Key Healthcare Business and Market Trends & Opportunities:

Everyone wants to know if we’re “at the top of the overall healthcare market” as it relates to valuations.  The short answer is that nobody really knows, but the good thing is that in our world valuations are driven by earnings – not eyeballs.  2017 was phenomenal and the M&A sell side has been robust for 18-24months.  Equity markets have been strong and debt markets have been very favorable.  The great lending environment has been great for buyers using both debt and equity.

Read More

Tags: Growing Your Dental Practice or DSO, Company News

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

Subscribe to Email Updates

Recent Posts