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Showing posts from August, 2024

Sale-Leasebacks | A Marsh Supermarket Case Study

 The Marsh Supermarket sale-leaseback strategy refers to a financial arrangement that occurred in the early 2000s involving Marsh Supermarkets, a regional grocery chain in Indiana and Ohio. The company sold a significant number of its store properties to a real estate investment trust (REIT) or other investors and then leased them back under long-term lease agreements. Key Points: Sale-Leaseback Structure : In this type of arrangement, a company sells its real estate assets (such as store buildings and land) to a third party and then immediately leases the properties back. This allows the company to raise capital while continuing to operate its business without owning the real estate. Financial Strategy : Marsh Supermarkets used the sale-leaseback to generate cash, which could be used to pay down debt, reinvest in the business, or for other corporate purposes. It provided an influx of capital without the need to sell equity or take on additional debt. Impact on Marsh : While the sa...

Insurance Landscape | Health Insurance Companies Expanding Into Patient Care

 The trend of insurance companies owning or operating medical or dental treatment companies is part of a broader vertical integration strategy. This integration allows insurers to control more aspects of patient care, from insurance to the provision of services, ultimately aiming to improve efficiency, care coordination, and cost management. Here's a look at some prominent examples: 1. UnitedHealth Group: Optum: UnitedHealth Group, through its subsidiary Optum, owns and operates a vast network of medical practices, urgent care centers, surgery centers, and other healthcare facilities. Optum is one of the largest healthcare providers in the U.S. Dental Services: UnitedHealth also provides dental insurance through its UnitedHealthcare brand but doesn’t typically own dental practices directly like it does with medical practices. 2. Cigna: Cigna Medical Group: Cigna owns and operates medical clinics through the Cigna Medical Group, which provides primary care, specialty care, and ...

Walmart Health | Humana Due Diligence

 Are you curious why Humana would be interested in purchasing Walmart Health's recently closed facilities, and expanding into dentistry ? We will look at some of the potential factors weighing into this decision, and in particularly, look at the context of Medicare Advantage (MA) plans, and why that might be a good business decision for them: 1. Integrated Healthcare Approach: Holistic Care: Incorporating dental services into MA plans allows Humana to offer more comprehensive, integrated care, which can improve overall patient health. Oral health is closely linked to general health, and poor dental care can exacerbate chronic conditions like diabetes and heart disease. 2. Market Demand: Growing Senior Population: As the senior population grows, the demand for dental services within MA plans increases. Many seniors prioritize dental care , and including it in MA plans can make these plans more attractive. Consumer Expectations: Patients increasingly expect their healthcare plan...

Traction | The EOS Model

 At LADD Dental Group , our commitment to providing exceptional dental care is unwavering. As our organization continues to grow, we are always on the lookout for ways to optimize our operations, enhance our services, and stay true to our core values. One of the most effective tools we've recently adopted to achieve these goals is the Entrepreneurial Operating System (EOS), a comprehensive framework designed to help organizations thrive. What is the EOS Model? The EOS Model, developed by Gino Wickman and outlined in his book "Traction," is a powerful operating system that provides a set of simple, practical tools designed to help leadership teams achieve three essential outcomes: Vision, Traction, and Healthy. These components work together to create alignment, drive progress, and foster a strong organizational culture. Vision: This is all about ensuring everyone in the organization is on the same page, clearly understanding where the company is going and how it plans to...

SureSmile Scan & Save Event | Clear Aligners Near Me

 Are you considering clear aligner treatment ? Now is the perfect time to take the first step towards a confident, beautiful smile! LADD Dental Group of Westfield is excited to announce our SureSmile Scan & Save Event on Monday, November 4th , where we’re offering an incredible $750 off on clear aligner treatment—this day only! At LADD Dental Group , we’re always looking for ways to give back to our amazing patients, and this event is just one way we can show our appreciation for your continued trust in our care. The SureSmile Scan & Save Event is designed to provide you with an opportunity to explore how clear aligners can transform your smile at a special, limited-time discount. What to Expect at the SureSmile Scan & Save Event: Personalized Consultation : Meet with our skilled dentists , Dr. Geiger and Dr. Trillet, who will evaluate your smile and discuss your orthodontic goals. Advanced SureSmile Technology : Experience a state-of-the-art 3D scan of your teeth, wh...

Dr. Steven Mah | Welcome To The LADD Dental Group Family

 We are thrilled to introduce Dr. Steven Mah , our newest addition to the LADD Dental Group family. Dr. Mah was born and raised in Evansville, IN, where his passion for helping others began. He pursued a Biology degree at the University of Southern Indiana, graduating in 2019. Driven by his dedication to the dental profession, Dr. Mah went on to earn his Doctor of Dental Surgery (D.D.S.) degree from the Indiana University School of Dentistry in 2024. Dr. Mah is excited to join the LADD Dental team and is eager to bring his expertise and compassionate care to our patients. He looks forward to providing top-notch dental care and getting to know each of our wonderful patients personally. Outside of the office, Dr. Mah enjoys spending quality time with friends and family, whether it's through lively board game nights, exploring new and exciting cuisines, or staying active. Lately, he’s developed a passion for pickleball, and you might even find him on the courts in his free time! Pl...

SureSmile Scan & Save Event | Clear Aligner Treatment

  LADD Dental Group's Suresmile Scan & Save Event at Westfield Office – November 4th We’re thrilled to announce our exclusive Suresmile Scan & Save Event at the LADD Dental Group of Westfield office on November 4th! If you've been thinking about perfecting your smile, this is the perfect opportunity. For one day only, Dr. Geiger and Dr. Trillet are offering an incredible $750 off clear aligner treatment, so call and schedule your initial consultation today! Why Choose Suresmile? Suresmile clear aligners are a modern, discreet way to straighten your teeth without the hassle of traditional braces. They’re custom-made to fit your smile perfectly, giving you the confidence you deserve. What to Expect During the Event During the event, you’ll receive a complimentary scan with our advanced Suresmile technology. This scan allows us to create a personalized treatment plan tailored to your unique needs. Dr. Geiger and Dr. Trillet will be on hand to discuss your options and ...

2024 Leadership Book | Always Learning

  "Traction" by Gino Wickman is a popular business book that introduces the Entrepreneurial Operating System (EOS), a comprehensive framework designed to help businesses achieve sustainable growth and success. The book outlines a set of practical tools and principles that focus on strengthening six key components of any business: Vision : Ensuring everyone in the organization is aligned with a clear, compelling vision. This involves defining the company's core values, core focus, 10-year target, marketing strategy, and 3-year, 1-year, and quarterly goals. People : Getting the right people in the right seats. This involves ensuring that every person in the organization is a good fit for the company’s culture and is capable of performing their role effectively. Data : Running the business on objective data and key performance indicators (KPIs). This component emphasizes the importance of tracking measurable data to gain insights into business performance. Issues : Identify...

Grateful Dentists | Crossing The 3K Subscriber Mark On YouTube

 We are beyond excited to share that LADD Dental Group’s YouTube channel has crossed the 3,000-subscriber mark! This milestone is more than just a number; it's a testament to the trust and connection we've built with our incredible community. We want to take a moment to express our deepest gratitude to each of you who has subscribed, watched, liked, and shared our content. Your support means the world to us! Breaking Down Barriers, One Video at a Time At LADD Dental Group , we know that visiting the dentist can be a source of anxiety for many people. Dental anxiety is a common issue, and it's something we’re committed to addressing head-on. Our YouTube channel has become a vital part of that mission. Through our videos, we aim to make dentistry more approachable, less intimidating, and even a little bit fun. From educational content that demystifies dental procedures to behind-the-scenes looks at our team in action, we’re striving to show that we're not just dentists ...

Huntington University Sponsorship | Grateful Partner

 At LADD Dental Group , we believe in fostering strong community connections and supporting local talent. That's why we are thrilled to announce our partnership and sponsorship of the Huntington University men’s and women’s basketball programs. This collaboration reflects our commitment to not only providing exceptional dental care but also investing in the health, well-being, and success of our community. Supporting Local Athletes Huntington University has a rich history of excellence in academics and athletics. The Foresters' basketball teams are known for their dedication, teamwork, and competitive spirit. These values align perfectly with our mission at LADD Dental Group , where we strive to deliver the best dental care with a team-oriented approach and a focus on patient well-being. Our sponsorship aims to provide these talented athletes with the resources they need to excel both on and off the court. By supporting Huntington University’s basketball programs, we hope to...