Skip to main content

Posts

De Novo Based Dental Model | Evolving Dental Landscape

 The shift of large Dental Service Organizations (DSOs) toward a De Novo (start-up) growth model —combined with their ongoing financial underperformance —has several important implications for the dental profession, private practice owners, associates, and the broader consolidation landscape. Below is a structured breakdown of what it likely means: 1. Why DSOs Are Moving to De Novo Large DSOs historically grew through practice acquisitions , but that model has become more difficult because: Rising acquisition costs Practice valuations surged from private equity demand. EBITDA multiples expanded significantly (often 8–12x+ for large platforms). Buying growth became expensive and margin-dilutive. Limited supply of quality targets Many top-performing practices have already been acquired. Remaining targets may have weaker payer mix, outdated facilities, or operational inefficiencies. Greater operational control De Novos allow DSOs to: Design offices for e...
Recent posts

Stellantis and Samsung SDI JV | Unknown Future Ahead

 Just three years ago, Kokomo , Indiana found itself at the center of the electric vehicle revolution. The announcement that Stellantis and Samsung SDI would build massive EV battery gigafactories in the community was transformational — not just for Kokomo , but for the entire Hoosier manufacturing economy. Billions of dollars in capital investment, thousands of future jobs, and global attention positioned Kokomo as a cornerstone of America’s electrified automotive future. Today, news that Stellantis is exploring an exit from its battery joint venture with Samsung introduces a new layer of uncertainty — and understandably raises questions across the region. A Look Back: The Scale of the Original Investment To understand the stakes, it’s important to revisit just how significant the original commitment was. The first StarPlus Energy battery plant represented an investment of more than $2.5 billion , with plans to create roughly 1,400 jobs . A second gigafactory announcem...

Ball State University | Proud To Be A Cardinal

 There are few chapters in life that shape you as profoundly as your college years. For me, being a student-athlete at Ball State University wasn’t just about earning a degree—it was about building the foundation for the leader and professional I would eventually become. To this day, I am incredibly proud to call myself a Ball State Cardinal. Playing college tennis at Ball State was one of the most rewarding and challenging experiences of my life. Tennis is often viewed as an individual sport, but at the collegiate level, it becomes something much bigger. You’re not just playing for yourself—you’re competing for your teammates, your coaches, and your university. That shift in mindset taught me one of the earliest and most valuable leadership lessons: individual performance matters most when it contributes to a greater team mission. Balancing academics and athletics required discipline at a level I had never experienced before. Early morning workouts, long practices, travel for matc...

De Novo Dental Model | DSO Growth Sea Change

 Over the past decade, large Dental Service Organizations (DSOs) fueled their growth primarily through aggressive acquisitions. Private equity capital, cheap debt, and a highly fragmented dental market made consolidation the fastest path to scale. However, the environment has changed — and so has the strategy. Today, many large DSOs are pivoting toward de novo (scratch start-up) development as a core growth engine. Several major organizations have publicly reinforced this shift. For example, PDS Health is planning 100+ de novo practice openings as part of its forward growth strategy, building on dozens of new locations opened in the prior year. Other DSOs that historically relied on affiliations are also testing or expanding de novo models as recapitalization cycles and acquisition economics evolve. Why the Strategic Shift? 1. Acquisition multiples compressed ROI As consolidation accelerated, competition for quality practices drove purchase prices higher, compressing return...

Affordable Care Restructure | 2026 Dental Industry Impacts

 The convergence of Affordable Care’s restructuring and broader financial strain across large DSOs is more than an isolated credit event — it’s a signal of structural pressure in the dental industry. Below is a strategic, operator-level view of the impacts likely to unfold. 1) Capital structure stress → Slower DSO expansion & recap cycles Affordable Care’s restructuring is largely debt-driven: The company is working with turnaround advisers after a $2.7B leveraged buyout left it with expensive floating-rate debt. Rising interest rates materially increased debt service costs. This dynamic is industry-wide: Many DSOs and small groups financed growth with variable debt that has jumped from ~4% to 10%+ interest costs. Some platforms have been unable to recapitalize amid economic uncertainty. Impacts Fewer aggressive roll-ups and de novo expansions Lower EBITDA multiples on acquisitions More minority recap deals vs. full exits Delayed liquidity e...

Friday Dental Hours | Dentist Near Me

 At LADD Dental Group , accessibility has always been a cornerstone of how we care for our communities. That’s why we’re proud that most of our locations are open on Fridays—an intentional decision designed to make dental care more convenient, flexible, and patient-focused. In today’s fast-paced world, we understand that finding time for dental appointments isn’t always easy. Between work schedules, school commitments, extracurricular activities, and family responsibilities, weekday availability can fill up quickly. By offering Friday hours, we’re able to extend care beyond the traditional Monday–Thursday dental model and better meet the needs of modern families. Convenience for Busy Schedules For many patients, taking time off work or pulling children out of school for dental visits can be challenging. Friday appointments provide a practical alternative—allowing individuals and families to schedule cleanings, treatment, and consultations heading into the weekend without disr...

Becker's Healthcare | Dental Data & Insights

 At LADD Dental Group , we believe that dentistry is stronger when knowledge is shared, voices are amplified, and leaders work together to move the profession forward. That’s why we are incredibly grateful for the opportunity to contribute to the Becker’s Healthcare platform. Becker’s Healthcare plays a vital role in our dental profession. Their commitment to thoughtful journalism, data-driven insights, and meaningful conversations helps elevate dentistry at every level—from solo practitioners to large, multi-location groups. By shining a light on emerging trends, operational challenges, clinical innovation, and leadership strategies, Becker’s helps dental professionals stay informed, connected, and prepared for what’s next. We deeply appreciate the way Becker’s Healthcare advocates for transparency and progress in healthcare. Their platform creates space for real-world experiences, lessons learned, and best practices to be shared openly. In a rapidly evolving dental landsca...