David Pegg Joins Dental Care Alliance as Chief Development Officer

Dental Care Alliance, one of the largest dental support organizations in the United States, is expanding through mergers, affiliations, equity partnerships, and de novo opportunities.

SARASOTA, FL (October 4, 2017) – Dental Care Alliance, one of the largest dental support organizations in the country with more than 265 affiliated dental offices in 13 states, has hired David Pegg as Chief Development Officer. Pegg will lead the organization’s aggressive growth strategy to expand the number of dental offices it supports through mergers, affiliations, equity partnerships, and de novo opportunities.

Pegg brings significant experience as an investor and advisor in the healthcare services industry for more than 20 years. He started his private equity career with MVP Capital Partners in Philadelphia and was recently a partner with Enhanced Equity Funds in New York. As part of his responsibilities, he has evaluated and been involved with numerous provider-based multi-site healthcare companies, including those in the dental space.

“I am excited to have an executive of Dave’s caliber and capability lead our development team at DCA,” said Jerry Rhodes, the Chief Executive Officer at Dental Care Alliance. “Dave brings a wealth of skill, experience and relationships to our growth efforts.  I am confident that under his leadership, DCA will continue to fortify its position as the partner of choice for dentists desiring to partner or affiliate with a dental services organization.”

Dental Care Alliance provides non-clinical support services to its affiliated offices, which gives dentists the ability to focus on patient care and reduce the amount of time they would otherwise spend on the day-to-day business management and administrative responsibilities of running a dental practice. DCA-affiliated practices provide a full suite of dental services including general dentistry, hygiene, pediatric dental care, orthodontics, endodontics, periodontics, prosthodontics, and oral surgery. DCA’s affiliated practices operate in 13 states: Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Maryland, Massachusetts, Michigan, New Jersey, New York, Pennsylvania, and Virginia.

About Dental Care Alliance

Dental Care Alliance is a ground-breaking dental support organization created by dentists who are focused on improving the well-being of both patients and dentists. For more than 25 years, the company has enabled dentists to focus on providing excellent patient care, supported by a team of business professionals to help run the day-to-day operations of a dental office. DCA provides services to more than 265 dental offices operating under 80 brand names in 13 states. DCA is a portfolio company of the New York-based private equity firm Harvest Partners, LP. For more information, visit www.dentalcarealliance.com.

About Harvest Partners

Founded in 1981, Harvest Partners is a leading New York-based private equity investment firm that pursues management buyouts and recapitalizations of middle market companies in North America. Harvest focuses on acquiring profitable companies in the business services, consumer, healthcare services, and industrial sectors. This strategy leverages Harvest Partners’ 35+ years of experience in financing organic and acquisition-oriented growth companies. For more information, visit www.harvestpartners.com.

Reaching Milestones: 800 Locations And 20 Years

Group Dentistry Now –

Today’s Family Dental, located in Waco, Texas, just became the 800th dental practice supported by Heartland Dental.  Heartland Dental was founded in 1997 by Dr. Rick Workman who grew up in a small Midwestern town. He  graduated from from the Southern Illinois University School of Dental Medicine in 1980 and opened his first office in Effingham, IL. His initial marketing tactic was a $15 hand-painted sign in the front yard

See full article here.

Smile Brands CEO Steve Bilt to Keynote Legends and Leaders Event

PR Web –

Steve Bilt, co-founder and CEO of Irvine-based dental support organization (DSO), Smile Brands Inc., will keynote the upcoming Legends and Leaders breakfast event on October 10, 2017 at 8:00 am at the Hotel Irvine Pavilion 17900 Jamboree Road, Irvine, CA.

In 1998, Steve Bilt co-founded Smile Brands, giving birth to a whole new model of dental practice management where the DSO manages all administrative functions so dentists can focus on providing great quality care. In August 2016, Bilt returned to Smile Brands after previous leadership had fallen on hard times. His keynote will cover how he and CFO, Brad Schmidt, have successfully turned the business around in just 12 months by reinvigorating a strong company culture and leveraging deep industry expertise.

See the full article here.

How to maximize value and minimize taxes when selling a dental practice

Dentistry IQ –

Have you ever thought about SELLING YOUR DENTAL PRACTICE? Sure, it will take some time and careful planning, but it’s not as complicated as you might think to maximize the value of your practice. One of the most important considerations every dentist should think about before signing on the dotted line is: what are the tax consequences of selling? No one wants to be surprised by post-sale financial responsibilities, especially taxes. It’s also important to get the most money for the practice, which is likely a dentist’s most valuable asset. Here are several strategies and money-saving insights to help make selling a dental practice a much less taxing process.

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Finding Success In Your First Year As A Newly Supported Dentist

Group Dentistry Now –

From July 26th – 28th, Heartland Dental welcomed 166 newly supported dentists representing 44 dental schools from around the country, to the company’s home office in Effingham, Illinois, for the 2017 Dr. LEADS course. This event was a great opportunity for these supported dentists to meet and network with one another, as well as visit the Heartland Dental home office and meet the individuals who will support them and their teams going forward. In addition, the event featured a doctor panel with supported dentists from last year’s Dr. LEADS, who gave this year’s group beneficial advice on finding success in their first year as a newly supported dentist.

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Affordable Dentures & Implants® Appoints Gene Kirtser As President

Affordable Dentures & Implants announced today that Gene Kirtser has been appointed to President and Chief Operating Officer of its dental support organization, Affordable Care. Mr. Kirtser previously served as President and Chief Executive Officer of ROi (Resource Optimization and Innovation), a division of Mercy Health and one of the most advanced and integrated healthcare supply chain organizations in the country.

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Kool Smiles’ 3rd Annual “Sharing Smiles Day” Brings Dental Care to Hundreds of Children Without Insurance Coverage

PR Newswire –

More than 500 children received needed dental treatments at no cost during Sharing Smiles Day, a national day of free dental care hosted by Kool Smiles on Sunday, May 21.

“We began Sharing Smiles Day in 2015 as a way to bridge the access gap for children without dental insurance coverage,” said Dr. Dale Mayfield, Chief Dental Officer for Kool Smiles. “Kool Smiles is proud to provide dental care to families with various forms of insurance, including Medicaid, but we also recognize there are many children in our communities who do not have adequate dental insurance coverage and whose families cannot afford regular trips to the dentist. This free care day is one of the ways Kool Smiles doctors and staff work to ensure every child has access to high-quality dental care.”

This year’s Sharing Smiles Day event involved the volunteer efforts of more than 700 Kool Smiles dentists and team members who hosted free dental care days at 43 dental offices in 12 states.

See the full release here.

Pacific Dental Services Foundation™, with Support from Smile Generation®-Trusted Clinicians, Provided $46,920 in Donated Dentistry

PR Web –

On Saturday, April 29, 2017, the Pacific Dental Services Foundation, with support from Smile Generation-trusted volunteer clinicians and their dental care teams, provided free dental care to 50 Dress for Success clients in Houston.

Partnering with Dress for Success Houston, 81 volunteers comprised of Smile Generation-trusted clinicians and dental care teams set up an onsite dental clinic and, in a matter of hours, treated more than 50 patients and provided $46,920 of donated dentistry. Clinicians utilized the PDS Foundation Mobile Dental Clinic (MDC) to provide treatments that included exams, x-rays, cleanings, extractions, fillings, and same-day crowns.

Dress for Success Houston is a global not-for-profit organization that promotes the economic independence of disadvantaged women by providing professional attire, a network of support and the career development tools to help women thrive in work and in life.

Read full article here.

Research & Commentary: Dental Service Organizations Help Patients and Dentists

Heartland Institute –

The dental industry has taken dramatic steps toward improving its services using information technology. A new model available to dentists are dental service organizations (DSOs). DSOs are companies dental providers can choose to contract with to provide critical business management and support services, including non-clinical operations.

First launched in the late 1990s, DSOs help dental practices deal with the complexities of administration, accounting, and insurance, which can be especially daunting when dealing with state Medicaid programs. DSOs allow dentists to focus on patient care by taking the burden of office management off their shoulders. DSOs also allow dentists to expand and streamline their services, by providing their patients with new technologies, such as radiography, in-office CAD/CAM, intraoral cameras, implants, online record keeping, and scheduling. DSOs often provide training assistance for skills dentists do not traditionally have, such as business management and marketing.

Read full article here.