PepperPointe Partnerships grows to 92 dental practice locations and more than $100 million in managed revenue
LEXINGTON, Ky. (Oct. 5, 2020) — PepperPointe Partnerships continues its significant growth through the addition of 37 independent dental practices in Kentucky on October 1. These practices, owned by 47 doctor-partners, are part of 37 separate transactions occurring on the same day. With the close of these transactions, PepperPointe Partnerships now manages 92 office locations, including pediatric dental, orthodontic, and general dentistry, with 85 doctor partners.
The PepperPointe model preserves the legacy of doctor-owned practices and provides financial security for doctor owners — all while creating protection from disruptions and uniting doctors in an effort to protect patients through personalized care.
“We are excited to offer doctors at every stage of their career an opportunity and partnership they can be proud of,” says Dr. Greg White, president, and chief executive officer of PepperPointe Partnerships. “Whether it’s a known exit strategy through ownership or a pathway to ownership for committed associates, we are passionate about navigating this ever-changing dental industry with the greatest success for doctors and thereby their patients.”
Founded in 2017, PepperPointe Partnerships has a patient-centered approach with practices owned entirely by doctors and those doctors making all decisions for their organization. Because of this, the continuity of care for patients remains intact and doctors continue to treat patients with the excellent quality care that led to their successful practice.
“Our model was created because as an orthodontist myself, I didn’t want to have to justify or rationalize an exit strategy that was just negotiating the terms of my surrender,” says White. “Instead, I wanted to create an exit strategy for myself, and that of my partners, that maintained doctor ownership and ensured freedom and autonomy. Our alternative fights against the corporate-owned and private equity-backed DSOs that strip unit-level ownership from doctor-owners. Instead, our model creates synergies and opportunities through the true alignment that exists for the doctor owners. It also provides the financial security that doctor partners deserve.”
The unmatched support of the PepperPointe team contributes to greater efficiencies and effectiveness at the practice-level, while simultaneously seeking and evaluating emerging opportunities to foster growth. Their enhanced operational support enables doctors to focus on what they were trained, and love, to do: provide excellent patient care and build long-lasting relationships and connections.
“Our grassroots approach provides all of the benefits of DSOs but without surrendering the ideals behind the great practices doctors have spent years building,” says White. “As we’ve met with dentists during this global pandemic, we’ve been able to demonstrate for them that they no longer have to feel isolated and alone, uncertain about the ‘new normal’ or their future. Our mission and vision is resonating with so many, and we’re looking forward to providing doctors with a plan of action for their future. This is truly a movement against the same forces that has led medicine and pharmacy into their current states because I believe dentistry can do better.”
PepperPointe Partnerships plans to continue their successful growth strategy without private equity support, looking for like-minded doctors to partner with across the country.
About PepperPointe Partnerships
PepperPointe Partnerships is a dental service organization (DSO) with an innovative approach to proactively address the challenges and industry changes practitioners face, create efficiencies at the practice level and provide support with non-clinical tasks, allowing practitioners to focus on providing excellent patient care. PepperPointe seeks to redefine what it means to be a DSO by fully leveraging the strengths and culture of doctor-owned dental practices and a growth strategy for greater synergy and protection among all dental practitioners. Through the PepperPointe platform, we offer maintained doctor ownership, a collaborative network of doctors, and help clinical teams achieve the greatest success in providing excellent patient care. PepperPointe offers doctors an optimal exit and entry strategy, with partnership opportunities for every career stage, to help preserve and extend the practice legacy, and do so on their terms.
Learn more at PepperPointe.com.