Dr. Greg White, the president and CEO of PepperPointe Partnerships, has recently published an article that delves into the current state of the dental industry. In the article, he addresses the rise of dental service organizations (DSOs), the influence of private equity, and his predictions for the future of the industry.
Dr. White highlights the significant growth in the number of dentists affiliated with DSOs over the past five years, with a nearly 50% increase. He emphasizes that while DSOs may provide support for administrative tasks, the majority of profits are reaped by the owners of the DSO, who are often the founders and private equity investors. This leaves the doctors with a smaller share of the profits, despite being the ones responsible for patient care.
One concern raised in the article is the potential disruption to patient care caused by private equity’s involvement in the dental industry. As doctors become employees of DSOs without true ownership in the practice, they may not have the same level of commitment to the practice and the local community. This lack of ownership often leads to a high turnover rate among doctors and inconsistent patient care.
Dr. White’s article serves as a valuable resource for practicing doctor owners, offering insights into the changing landscape of the dental industry. It encourages them to consider the implications of DSOs and private equity on their practices and patient care. By shedding light on these issues, the article aims to help doctors navigate the evolving industry and make informed decisions about the future of their practices.
PepperPointe Partnerships, a dental service organization based in Lexington, Ky., stands out from other DSOs by prioritizing true doctor ownership and control. Unlike many DSOs, PepperPointe Partnerships ensures doctor ownership at every level of the business, preserving personalized patient care. This patient-centered model allows for autonomy and preserves the individuality of each practice, while also providing financial security and growth opportunities through collaboration and synergy.
For those seeking to navigate the changing dental industry, Dr. White’s article offers a unique perspective and valuable insights. It encourages doctors to consider the implications of DSOs and private equity, ultimately helping them make informed decisions for the future of their practices and the care they provide to their patients. To learn more about PepperPointe Partnerships and their patient-centered approach, visit their website at PepperPointe.com.