• Best Practices New Normal
  • Digital Dentistry
  • Data Security
  • Implants
  • Catapult Education
  • COVID-19
  • Digital Imaging
  • Laser Dentistry
  • Restorative Dentistry
  • Cosmetic Dentistry
  • Periodontics
  • Oral Care
  • Evaluating Dental Materials
  • Cement and Adhesives
  • Equipment & Supplies
  • Ergonomics
  • Products
  • Dentures
  • Infection Control
  • Orthodontics
  • Technology
  • Techniques
  • Materials
  • Emerging Research
  • Pediatric Dentistry
  • Endodontics
  • Oral-Systemic Health

Growing Your Practice with DSOs

Video

When acquiring multiple practices, dentists traditionally rely on private equity firms and landing gigs with large companies. At the Dykema conference in June, David Lopez, an entrepreneur and president of Tralongo, told DMD this system needs a facelift. Watch or read below about how Tralongo is changing the game for multiple-practice ownership.

When acquiring multiple practices, dentists traditionally rely on private equity firms and landing gigs with large companies. At the Dykema conference in June, David Lopez, an entrepreneur and president of Tralongo, told DMD this system needs a facelift. Watch or read below about how Tralongo is changing the game for multiple-practice ownership.

RELATED: More from the Dykema Conference

  • Ask an Expert: DSOs and Labor Laws
  • How Dental Hygienists Can Benefit from DSOs
  • Why DSOs Should Consider Specialized Legal Counsel

Interview Transcript (Modified for Readability)

"If I'm a dentist, and I want to expand and buy multiple practices, the norm that people follow is: They're going to buy a few practices and sell them to a private equity firm or a private equity firm-backed group of practices. It's kind of just the thing to do you go to college, then you come out of college and you want to get a degree and hope to get a job for a big company. That's the norm, and that's kind of the environment and the landscape that exists today with the dental practices. I don't necessarily agree with that, I think there are better ways to go about it. If I'm a dentist, what I'm actually looking for are solutions so that I can go from one practice to 10 practices, and the reason I would sell to a private equity firm is to have a liquidity event, or to take money and put it away in the bank accounts so I can have financial security for my family. If you just take those challenges that the dentists actually have and you focus on building a solution to what they need, that's what Tralongo has done. We've figured out a way to help them grow so they don't need to worry about the operations, or answering the phones, or the insurance or the billing and the accounting and all the other stuff that comes along with acquiring multiple practices. We do that, and then instead of having to sell your entire company to a private equity firm, when they're ready to sell, we'll buy the practice and work with them to continue to do the same thing over and over again instead of requiring them to work for us with an employment contract."

Discover more Dentist’s Money Digest® videos here.

Related Videos
Mastermind - Episode 37 - Thinking Outside the Box for Dental Practice Solutions
Mastermind – Episode 35 – Finding Strength in Our Differences
The Uptime Health Story: An Interview with Uptime Health CEO and Co-Founder Jinesh Patel
Mastermind – Episode 34: Proactive Dentistry, Diagnostics, and Early Detection
2024 Dental Products Report Spring Selection Bracket Reveal Video
Process of Care Workflow and Repairing Early Caries with Guided Enamel Remineralization
Addressing Unmet Needs in Early Childhood Oral Care - an interview with Ashlet Lerman, DDS
Mastermind Episode 33 – Charting the Course for the Future of Dentistry
CDS 2024 Midwinter Meeting – Interview with Debbie Zafiropoulos, who discusses a trio of new infection control products from Armis Biopharma.
© 2024 MJH Life Sciences

All rights reserved.