Dental Owners Sell Equity to Big Group, Some Stake Rolled into Parent Company for 2nd Pay Out

26/08/2022 46 min Episodio 38
Dental Owners Sell Equity to Big Group, Some Stake Rolled into Parent Company for 2nd Pay Out

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Episode Synopsis

As a practice owner, you may want to focus on stimulating growth, gaining competitive advantages, and increasing your company's market share, but do your core values reflect who you are in your business? Are you being transparent about your beliefs? How will "doctors supported, patients driven, and staff focused" be implemented in your organization? Why go and pursue the route of acquisition? And how would you assess cultural fit to make sure that they are the right fit for your group?This week's The Dave Kittle Show episode, Dave Kittle will be joined by Dr. Todd Russell, DDS. Dr. D. Todd, is the founder and CEO of Empire Dental Arts, a successful dental partnership organization based in Northeast Ohio. He is an award-winning dentist and executive leader with 30+ years’ experience driving best practices across strategic practice operations and patient care. He is adept at identifying and executing disciplined operational and business strategies across dental facilities management, clinician teams, patient care, and organizational visioning. He champions sound, disciplined management planning to elevate practice performance and patient engagement. Dr. Russell is an executive and community leader who continues to advance provider excellence and optimize practice performance. With unmatched clinical and industry experience, he masters a collaborative leadership approach to surpass provider and patient expectations and drive innovative dentistry healthcare advancements.We will touch on such topics as:Let the doctors become your partners within your organization.Strongly believe in a relationship between your patients and practitioners. Recognize that, in the dental space in particular, people don’t gravitate to a brand name, they gravitate to the doctor instead.Without doctors, patients, and your staff, you don’t have anything to be able to serve a community to the fullest extent.Whether you choose to change or not, what you are doing in your practice makes you different.It is important that when you have core values, you go to the depth of the talk and walk the walk with your team. This creates conversation that brings the team closer together.Have the autonomy, confidence, and ownership mindset to know that you can solve any problem without repercussions as long as, ultimately, the patient is the happiest person in the world. P.S. Subscribe, rate, and review HereAnd, if you like what you hear from the host, Dave Kittle, then it's possible that he and his team, The Fieldmaker Group, may be interested in acquiring some or all of your physical therapy practice.Connect with him on:Email: [email protected]: @davekittleLinkedIn: https://www.linkedin.com/in/davekittle/orCall (646)-781-8884 Hosted on Acast. See acast.com/privacy for more information.