Description
Dental ownership is changing; embrace implants to drive growth and secure your future.
We sit down with Mark Bailey, co-founder and former CEO of Simply Implants and Simply Implants Institute. Mark is also a senior practice advisor at Dent Cetera Dental Practice Advisors and the founder of Capital for Healthcare. We talk with Mark about recent industry changes, new business models, and the role of technology. As hosts, we explore the latest advancements, the impact of Dental Service Organizations (DSOs), and how dental ownership dynamics are evolving to maximize a practice’s growth potential. Whether you’re thinking about expanding your practice, adding new services, or planning an exit strategy, this episode is packed with insights tailored to modern dentistry.
Mark explains the rise of DSOs, how they've shifted the ownership model in dentistry, and what it means for entrepreneurial dentists. He emphasizes the growing importance of offering comprehensive services, like dental implants, which can significantly boost practice revenue. As technology becomes more integrated into clinical workflows, dentists can achieve better patient outcomes while improving efficiency.
We wrap up the conversation with practice management strategies, ideas for passive income, successful practice exits, and leveraging the ESOP model as an alternative to private equity. Mark shares actionable advice for dental professionals at every stage of their careers, from expanding clinical services like dental implants to navigating consolidation and making smart financial moves, all within the evolving landscape of dental ownership.
Chapters:
(2:23) Mark’s Career Path and Entry into Dentistry
(6:34) Advances in Dental Technology
(8:20) The Rise and Impact of DSOs
(17:20) Growth Opportunities with Implant Dentistry
(28:10) Strategies for Successful Practice Exits
(34:00) Passive Income and Ownership Models
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