Dental Impants Installation Available In Nicosia
Nicosia, March 10, 2023 (GLOBE NEWSWIRE) -- Smalto Dental Clinic, a Nicosia based dental clinic run by Dr.
Tempe, AZ, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Gen4 Dental Partners, a Thurston Group portfolio company, has had explosive growth in 2022, welcoming over 150 doctors and over 300 hygienists into the 22-month-old Dental Service Organization (DSO). The innovative, dynamic DSO based in Tempe, AZ, has entered into partnerships with 73 partner doctors, such as nationally recognized cosmetic doctors like Dr. Bill Dorfman, Dr. Joseph Field, and Dr. Dennis Wells, Periodontic & Implant Specialist such as Dr. Jason Stoner, and Pediatric Dentists such as Dr. Jennifer Keen.
“Gen4 Dental Partners continues to impress and outperform high growth targets. In such a short period of time, the team has been able to put in place the building blocks of a world-class organization. The value proposition and differentiation of the platform has attracted the highest quality of partners across multiple dental specialties which has positioned Gen4 as a market leader.” Said Patrick J. Haynes III, Chairman and CEO of Thurston Group.
New partnerships throughout the country
In 2022, Gen4 completed 16 partnerships comprising 72 dentists across 40 new offices. These new partnerships included continued expansion in Arizona, Kansas, Kentucky, Michigan, and Utah. In addition to expanding into California, Texas, Ohio, and Minnesota.
Notable acquisitions in 2022 included:
Looking at 2023, Dr. Ellingson said Gen4 expects its unique doctor-centric, patient-obsessed model to continue to attract more premier dental practices across the country. “We want it to be more about the doctors and the patients, and less about the organization,” Dr. Ellingson said. Traditional DSOs focus on business efficiencies, but “we know that it really comes down to the hands of the dentist.”
Executive Team
In 2022, Gen4 completed its executive team buildout to include the following:
The Standard of Excellence
Gen4 is growing so rapidly due to its distinctively collaborative business model that combines the best ideas of all its dentist partners to form a dentist-centric, patient-obsessed organization. The best traits of individual practices are preserved – each practice keeps its own way of caring for patients. And the best traits of large businesses are added –robust IT platform, HR, accounting, marketing support, and – most of all – a cadre of highly skilled, motivated, and collaborative dentists.
“We believe in partners. We believe in a doctor-centric model. We believe in collaboration,” Lamonte Jensen, CEO declared.
Lamonte Jensen, proposed a framework to judge each clinician’s excellence, using a set of metrics to drive actionable feedback.
He proposed this framework as a starting point for Gen4’s partner dentists to collaborate on strategies to “embed excellence into its DNA.”
Individual Growth and Collaborative Growth
In an address titled “Individual Growth Engine,” Dr. Mitch Ellingson, Gen4 Chief Clinical Officer, dove into the vision of empowering the creation of custom career paths for 300-plus (and growing) dentists and dental professionals.
“The key to making this whole thing work is you, the dental professional. So how do you, as an individual, contribute to what we’re pursuing in a uniquely authentic individual way”, he asked.
The model has 5 parts:
The result: clinicians who are 25% more productive and yet see 20% fewer patients. Sounds counterintuitive, but that’s Gen4. “We know we must change it all in order to keep things the same,” he said. “We must change the way we think, the way we collaborate, and the way we do dentistry, if we want to keep dentistry the way it is today” – with dentists, not administrators, in control. Gen4 calls it “The Collaborative Doctor Model,” elaborating on Gen4’s mission to be a doctor-led, patient-obsessed DSO.
4Front Symposium: ‘It’s limitless what we can accomplish’
The highlight of the year was 4Front, the 2022 Gen4 Symposium held by Gen4 Dental Partners for its dentist partners and team members Oct. 6-9 in Phoenix, AZ. Collaboration, innovation, and disruption of the status quo in dentistry were dominant themes.
“With the collaboration that we have here, the amount of expertise that’s in this room, it’s limitless what we can accomplish,” said Dr. Trish Takacs of Beaumont Family Dentistry in Lexington, KY, reflecting on the transformative event.
More than 200 dentists and dental professionals attended the symposium, the first of its kind to be held by the now 22-month-old DSO at the Arizona Biltmore resort. It featured 16 main sessions, two panel discussions, and 32 breakout sessions. It was co-hosted by 15 sponsors, including Envista, the title sponsor, and Nobel and Straumann, who provided hands-on training.
Highlights of the symposium included:
The symposium also included introductory and advanced classes in implants and hybrid dentures, orthodontics and clear aligners, digital dentistry, pediatric dentistry, and esthetic dentistry, as well as business practice classes in patient case acceptance and scheduling, mentoring young dentists, and building a positive office culture.
Final Thoughts
2022 has been a year of rapid growth and success. With an industry-leading executive team buildout complete and some of the country's best doctors leading the way, nothing is stopping Gen4 from becoming a world-class DSO.
About Gen4 Dental Partners
Gen4 Dental Partners, led by CEO Lamonte Jensen and CCO Dr. Mitch Ellingson, is one of the fastest-growing and highly innovative Dental Service Organizations, providing world-class support to leading providers of dental services.
Gen4 was created to challenge the status quo in the consolidation space. The Gen4 Platform is designed to allow dentists and their teams the ability to practice dentistry their way while experiencing the benefits of financial and operational support. https://gen4dental.com/
About Thurston Group
Thurston Group is a Chicago-based private equity firm that focuses on building industry-leading companies in the healthcare and related business service sectors. Thurston has an extensive track record of partnering with physicians and building fast-growing healthcare businesses, including SGA Dental Partners, Gen4 Dental Partners, Smiles Dental, ARC Health, Options Medical Weight Loss, and U.S. Orthopedic Partners. Over its 37-year history, Thurston Group has returned over $4B of invested capital. For additional information about Thurston Group, please visit Thurston Group's website at www.thurstongroup.com.
Contact:
Amy McNeill
+1-801-913-7493
SOURCE Gen4 Dental Partners
https://gen4dental.com/
https://www.thurstongroup.com/