Patching Up Group Dental Practices With Private Equity
Law360, New York (August 1, 2012, 2:31 PM EDT) -- Dental practice management companies have been an increasing focus of private equity firms throughout the United States and Canada. As the administrative cost and headaches of a dental practice increase for small dental practices, like private medical practices, there is a steady move toward consolidation and larger organizations.
A growing trend is toward corporately managed group dental practices. Some factors driving this trend are increasing costs for dental education and enormous dental school debt, the cost for setting up and managing a dental practice, the expertise needed to negotiate dental insurance contracts, and the risks of collection and reimbursement pressures. These...
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