Becker's Dental + DSO Review

Jan 2021 Becker's Dental + DSO Review

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15 BECKER'S DENTAL + DSO REVIEW - VOL. 2021 NO. 1 EXECUTIVE BRIEFING needs, I believe Heartland Dental will be able to better help our supported doctors in navigating the changing insurance landscape." Heartland Dental continues to grow because its mission resonates with so many dentists In 2020, Heartland Dental added 130 supported offices, consisting of about 50 brand new practices and about 80 affiliations, including the recent acquisition of Tru Family Dental, the Southfield, Michigan-based regional dental support organization which included 23 offices across Illinois and Michigan. In 2021, the company expects to expand its support to another 150 to 200 offices. This continuing growth is a reflection, said Mr. Bauer, that "more and more dentists are realizing the benefits of support that Heartland Dental can provide them." In Mr. Bauer's experience, "Most dentists just want to be a dentist. They want to take care of their patients and have a good life while making a good living." But many dentists don't enjoy everything that comes along with owning a dental practice, which includes office operations, HR, marketing, IT, maintenance, and legal and financial matters. As Mr. Bauer conveyed, based on his 30+ years of experience working with dentists, "Most of them don't want to be an HR guru or a maintenance guru or a marketing guru. They just want to be a dentist." That's why Heartland Dental's mission has such appeal: to support dentists and their teams as they deliver the highest- quality dental care and experiences to the communities they serve while providing exceptional careers and creating value for our stakeholders. Heartland Dental supports dentists by providing nonclinical administrative services including support with marketing, payroll, information technology, human resources, accounting, credentialing and more. Dentists who are supported by Heartland Dental view it as a positive experience and are able to enjoy relief from administrative non-clinical work, enhanced work/life balance, opportunities for growth, and access to a community of like-minded professionals. Heartland Dental differentiates itself through its unique philosophy, tools and education opportunities Heartland has a doctor-led philosophy model, and it has worked extremely well for Heartland Dental. "We affiliate with the top 10 percent of solo practices," said Mr. Bauer. "We don't do fixer uppers." Heartland Dental also doesn't tell its supported offices how to deliver good patient experiences — because they already know that. What Heartland Dental does do is use Press Ganey to measure patient satisfaction in each supported practice and provides access to the tools and training to help supported doctors offer the best patient experiences. Mr. Bauer summarized Heartland Dental's approach by stating, "We don't tell [each practice] what to do. We give them the tools and the data for them to consider as they lead their practice." Among the tools that Hear tland Dental provides its suppor ted practices are world-class training and education programs. This includes, for example, an entire training program on the best ways to communicate with patients. The purpose of the company's education programs that is available to suppor ted doctors is result-producing actions and helping dentists achieve their personal and professional goals. The company is also known for its leadership development. Mr. Bauer stressed that when practices affiliate with Heartland Dental, the DSO provides support, but "[Doctors] are still leading their practice. That leadership is something we never replace. So, what Heartland Dental does is teach people to be the best leader they can be, because the best leaders have the best practices." Heartland Dental makes significant investments in training and leadership development, bringing in leading instructors through its partnership with The Bell Leadership Institute in Chapel Hill, N.C. It is this unique philosophy and the way that Heartland Dental implements it that separates the company from other DSOs. Conclusion Some dental practices have struggled during the COVID-19 pandemic and are uncertain about the future. But not the practices supported by Heartland Dental. Mr. Bauer said, "It's just a great time to be in dentistry. We think there's so much upside for every dentist." This upside comes from the potential for a steady flow of patient traffic and from promising trends such as teledentistry and orthodontics. Beyond these trends, which also include new product and service offerings, Heartland Dental's success ultimately comes from its philosophy and culture. This philosophy is about enabling dentists to focus on what they love to do — which is practice dentistry — while providing them with support services, tools and training to have a successful business and a happy, balanced life. n Heartland Dental is the nation's largest dental support organization providing non-clinical, administrative support services. What started from the entrepreneurial spirit of Rick Workman, DMD, with his single dental practice, has evolved into supporting over 1,700 dentists in over 1,100 dental offices across 38 states. The company is majority owned by KKR, a leading global investment firm. For additional information, please visit the company online at heartland.com. Follow us on LinkedIn, Facebook, Twitter, and Instagram.

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