Dentists Chip Away at Uninsured Problem by Offering Patients Membership Plans

A quarter of dentists nationwide offer memberships, according to a 2021 survey of 70,000 dentists by the American Dental Association. These in-office plans are largely targeted to the 65 million Americans who lack dental insurance and have to pay out-of-pocket for all their care. Dentists also like the plans better than handling insurance plans because they don’t have to deal with insurers’ heavily discounted reimbursement rates, waits to get preapprovals to provide services and delays in getting their claims paid. Lack of dental coverage contributes to the delaying or forgoing of dental care by 1 in 4 adults, according to a KFF analysis of a 2019 national survey.

USOSM Partners with Hilton Head Oral & Maxillofacial Surgery of South Carolina

U.S. Oral Surgery Management (USOSM) – a specialty management services company that exclusively serves premier oral and maxillofacial surgeons – is pleased to announce a partnership with Hilton Head Oral & Maxillofacial Surgery, which has locations in Hilton Head and Bluffton, South Carolina. “The Hilton Head Oral & Maxillofacial Surgery team is led by Dr. Brian Low, an exceptionally skilled, experienced and compassionate oral and maxillofacial surgeon. His team is well known in the Hilton Head and Bluffton communities for their dedication to patient care and clinical excellence, values that we look for in all of our partner practices,” said Richard Hall, USOSM president and CEO.

Imagen Dental Partners Expands into Its Eighth State with the Addition of Two California Practices, Announces Plans for Continued Expansion in 2022

Imagen Dental Partners, one of the fastest-growing DPOs in the country, has expanded into its eighth state, California, welcoming Scripps Rock Dental and Schaffer Dental Excellence. “We’re delighted to welcome two practices operating at the top of their game to join us at Imagen, enabling us to expand into our eighth state,” says Andrew Jones, Chief Development Officer at Imagen. Imagen will continue its rapid expansion throughout 2021 into 2022, including plans to partner with practices in Texas, Ohio, Florida, Michigan, Western Kentucky and Northern Indiana.

Guardian Dentistry Partners Secures over $100m Financing Facility

Guardian Dentistry Partners (“GDP” or “Guardian”) announced Tuesday that it has secured more than $100 million in debt financing from Twin Brook Capital Partners, a leading direct lending finance company. Guardian, which has seen its dental partnerships across the country grow exponentially since its founding in 2018, is now well-positioned to continue to forge powerful strategic partnerships in the months and years to come. In fact, in the coming months Guardian is expected to announce new partnerships with nearly 30 dental practices across the Eastern United States, including partnerships in two new states.

Cherry Tree Dental Acquires Richard Patelski DDS Family and General Dentistry, Announcing Illinois Presence

Cherry Tree Dental (Cherry Tree), a leading general dentistry provider based in Wisconsin, has announced its first practice acquisition outside of its home state. Cherry Tree acquired Richard Patelski DDS Family and General Dentistry in Downers Grove, Illinois. Dr. Patelski’s practice has been serving the Downers Grove community since 1981, offering general, implant, and cosmetic dentistry. Founded in 2006 and based in Madison, Cherry Tree is the one of the largest general dentistry providers in Wisconsin, operating 33 locations in 10 Wisconsin cities and Downers Grove, Illinois, with this most recent acquisition.

Private Equity Investing in Dental Companies

Private equity acquisitions of Dental companies have accelerated in recent years as PE firms employ an industry roll-up strategy in this traditionally fragmented space. The Private Equity Info Research Database shows 175 platform portfolio companies held by private equity firms in the Dental space. These companies are collectively held by 159 private equity firms. The following is a brief overview of private equity-backed Dental Support Organizations, Dental Products Manufacturing, Dental Software and Dental Laboratories.

USOSM Enters Oregon Market: Partners with Columbia Oral Surgery and Implants of Portland

U.S. Oral Surgery Management (USOSM) – a specialty management services company that exclusively serves premier oral and maxillofacial surgeons – has formed a new partnership with oral and maxillofacial surgery specialists Columbia Oral Surgery and Implants, which has multiple surgeons and two locations in Portland, Oregon. This is USOSM’s first partner practice in the state. Headquartered in Irving, Texas, USOSM now has partner practices spanning 16 states: Texas, Colorado, Georgia, Tennessee, Minnesota, Alabama, Oklahoma, Louisiana, South Carolina, Mississippi, Florida, Indiana, Kentucky, Arizona, California and Oregon.

House Democrats Seek to Add Dental Benefits to Medicare by 2028 as Part of $3.5T Package

House Democrats want to add dental benefits to traditional Medicare in seven years as well as coverage for major treatments and preventive services. The House Ways and Means Committee released the language for the additional benefits Tuesday, which will be part of a $3.5 trillion infrastructure package being considered this fall in Congress. The panel is holding a markup of the legislation on Thursday. The legislation aims to add dental, vision and hearing benefits to traditional Medicare. The legislative text released Tuesday is the first look at how Democrats would implement the benefits.

How Did the COVID-19 Pandemic Affect Dentist Earnings?

The COVID-19 pandemic has had a major impact on the health care sector. Dentistry was effectively closed for two months beginning in March 2020 with health organizations recommending dentists see emergency cases only. By late May 2020, most states had resumed elective care. Today, there are few indications in the latest data that the pandemic is still hindering the daily operations of dental practices. By those accounts, dentistry has weathered the COVID-19 pandemic remarkably well. But what about the financial impact to dental practices?

Southern Orthodontic Partners Expands to Dallas with Two New Partnerships

Southern Orthodontic Partners (SOP) has expanded to Dallas, TX with the closing of partnerships with Dr. Hilton Goldreich of Goldreich Orthodontics (Plano, TX) and Dr. Marlon Henderson of Henderson Orthodontics (Duncanville, TX). The addition of these partners enhances the platform’s geographic density in the state of Texas, with seven existing locations in the greater Houston area. SOP expects additional activity in Dallas, as well as expansion into other Texas population centers, including Austin later this year.