Budgeting: An Essential Building Block for Successful Dental Practices
As a dentist, you face a unique financial landscape. You’re not only responsible for managing your professional practice, but you also have personal financial goals and expenses to handle. Balancing these two sides of your financial life can be challenging—but with the right approach, it’s entirely manageable. Many dentists operate as business owners, running their […]
The Smilist Dental Acquires Lakeview Dental Group: Group Dentistry Now DSO Deal Round Up
The Smilist Dental, a DSO group with over 90 locations nationwide, acquired dental group, Lakeview Dental Care of New Jersey. Lakeview Dental Care has six locations: Cherry Hill, Gibbsboro, Haddon Heights, Linwood, Washington Township and Marlton. Lakeview is led by Drs. Eric Forte and Jonathan Hill. The Smilist was founded in 2014 and has locations in Connecticut, Delaware, […]
Polaris Healthcare Partners Completes Sale of Lakeview Dental Care to The Smilist Dental
Polaris delivers consultative and sell-side expertise for multi-million dollar transaction CHARLOTTE, NORTH CAROLINA – September 30, 2024 – Polaris Healthcare Partners, a strategic consulting and M&A advisory firm for group dental practices, today announced the completion of the sale of group dental practice Lakeview Dental Care of New Jersey to The Smilist Dental, a DSO […]
Why Your Dental Practice Might Need a Fractional COO
As dental practices grow, many owners face challenges in moving their business forward. While each practice is unique, we usually see one of three common challenges stopping dental practices from being able to achieve their goals on their own, including: A lack of internal expertise to drive operational efficiencies; too much reliance on owner(s) for […]
What Dentists Need to Know about the M&A Market & Process
By Kyle Webster In today’s M&A landscape, deal activity is on the rise in the healthcare sector despite economic uncertainties. Companies are leveraging M&A to drive growth, acquire modern technologies, and enter new markets. Generally, valuations remain strong for dental practices, driven by elevated levels of liquidity and competition among buyers. However, we are seeing […]
Dentistry IQ: The FTC’s new noncompete rule: Implications for dental practice owners
While the outcomes from the proposed FTC Rule to ban noncompetes have yet to be seen, it’s a reminder for all group dental practices to examine and shore up how they manage their practices, retain talent and protect their business interests. Here are some specific steps practices can take based on insights from experts Perrin […]