This podcast is for those who want to move from just existing in a dental space to being involved in a DSO and pushing more out into the world. Now is the time for this evolution.
Never limit your possibilities based on what you see others do. Form your own path and fill up space on that blank canvas that you’ve been handed.
125: Real Estate Update and Trends: TI, Rent, Acquisitions, Facility Costs & More with Austin Hair
In this podcast, Emmet hosts Austin Hair, Managing Partner, Leaders Real Estate, for an update on what’s new in the real estate market and how to handle its fluxes while growing your dental organization. Austin gives an inside view in to the commercial real estate landscape and offers advice on “med-tail” (retail healthcare); the importance of site selection; marketing; how to leverage technology and analytics for your location search; the value of paying attention to what the competition is doing; ideal grocery store/large retail center anchors; ways to think strategically when planning for expansion and much, much more. This real estate trends discussion with Emmet and Austin will help you with your current scaling plans.
124: A Banking Industry Insider’s View: Financing Growth Through Debt with Robert Papenbrock, VP Finance, Guardian Dental
In this episode, Ken Kaufman hosts Robert Papenbrock, VP of Finance at Guardian Dentistry Partners. To help listeners better understand the debt markets, Robert discusses his experiences working in the past as a Credit Officer for different banks. He also details his jump into a DSO leadership role including how his day-to-day work life has changed. Discussing Guardian’s DSO model with Ken, Robert shares how he helped Guardian raise $100mm of debt for growth. They discuss tips for groups who are considering financing growth through debt. Plus, Robert offers advice gained from his unique perspective working in both banking and group dentistry. Take a listen to hear their discussion on these financing topics and more.
123: The Unique Scaling Model of an Ortho DSO with Nick Korhonen, CFO, Corus Orthodontists
In this episode, Ken Kaufman hosts Nick Korhonen, CFO of Corus Orthodontists. They discuss the history of Corus, a unique growing orthodontic partnership network that provides support and autonomy for orthodontic specialists. Nick shares the details of Corus’s growth trajectory to 40 practices, 50 doctors, and over 700 team members. Highlighting the Corus model’s financial structure, Ken and Nick discuss rapid growth challenges; M&A and integration activities; equity; capitalization; partnership; financing; negotiating; plus culture, patient care, Corus “study clubs”, and much more. Listen to learn about Corus’s distinctive approach and gain intel to apply to your DSO’s growth plans.
122: Maximize Your DSO’s Potential: Consider Integrating Specialties
In this episode, Emmet Scott hosts Dr. Tarek Aly and Dr. Dustin Roden-Johnson Co-Founders of OrthoDent Management LLC & Modern Smiles. They discuss the integration of specialties into dental organizations: the pros and cons, what to consider, and more. Dr. Aly and Dr. Roden-Johnson share the challenges, mistakes, and successes OrthoDent faced when integrating specialties. Emmet and Drs.’ Aly and Roden-Johnson agree the key is thinking from the consumer vantage point first: patients value convenience above all else, “a one-stop-shop”. Jumping off from here they evaluate the opportunities: why not maximize the real estate, the potential, and the skills of your team to see more patients and provide more quality care? Listen to this episode to help you determine if integrating specialties is right for your dental organization.
121: How To Scale in Multiple Areas with Sarah Sharfstein, VP Category Development & Strategy, Aspen Dental
In this episode, Emmet welcomes Sarah Sharfstein, Vice President, Category Development & Strategy at Aspen Dental. They discuss how to scale in multiple areas simultaneously — what’s needed to support both clinicians and at the practice level to be successful. Sarah gives an inside view into the strategies Aspen is using to scale. She and Emmet dig deep into the challenges, potential solutions, and opportunities that come with adding specialties to any dental organization. Before joining Aspen’s leadership, Sarah spent about 12 years at Invisalign in a variety of different roles. From her experience, it was a natural transition into her role at Aspen to help develop their orthodontic category, driving its utilization in a scalable way to deliver good clinical outcomes.
120: How to Not Hire a Problem: Learn from the Experts at Prospiderent, The Dental Embezzlement Investigation Firm
In this episode host Ken Kaufman, CFO of Community Dental Partners is joined by dental fraud experts from Prospiderent, the world’s oldest and largest dental embezzlement investigation firm. He speaks with Prospiderent’s Founder and CEO David Harris; Supervising Fraud Examiner for the Orthodontic Industry Wendy Askins, BS, MBA, CFE; and Senior Fraud Examiner Amber Weber. They discuss the unique and different fraud vulnerabilities inherent in hiring for the DSO industry. From their discussion, Ken uncovers ways the industry can do a better job of background checks (including Google and credit reports), how to handle these issues in the face of the current hiring shortage and more. As the DSO industry grapples with an “employee’market” David, Amber and Wendy remind listeners to not take hiring shortcuts! Listen to this episode for all the recommendations and timely advice.