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MAY
26
0

Dentex – The dental partnership offering a unique co-ownership model officially launches this May

Dentex – The dental partnership offering a unique co-ownership model officially launches this May

 

Launching to the dental community this May, Dentex is a UK partnership group for the dental profession. Working to a unique co-ownership model, which encourages clinical excellence and growth in profitability, the organisation provides the support that independent dental practitioners need to achieve their full potential, without encroaching on their autonomy.

Established in 2014, the organisation already works with a number of strategically selected partner dentists including Mark Hughes, Stuart Bowen-Davies, Stan Dubowitz, Elaine Halley, Rahul and BhavnaDoshi, Pieter Claassen, Stephen Tarr, and Tidu Mankoo.

Founded by Mark Cockburn, a Chartered Accountant with more than 30 years’ experience, and William Bowen-Davies, an entrepreneur with a successful history in business management and extensive experience in the dental industry, Dentex combines clinical and financial excellence.

Headed up by CEO Barry Lanesman, a qualified Dentist with a 26-year career history and an MBA from the University of Cape Town, Dentex is managed by dentists and others with professional links to the occupation. Coupled with Pat Langley’s (Group Clinical Director at Oasis for 7 years) outstanding clinical support, guidance and leadership, and Christopher Barrow’s (Legal Director, with 20 years’ experience at high profile international law firms) unerring legal expertise, the Dentex team have extremely strong foundations.

Lanesman comments: ‘The Dentex mission is to foster clinical excellence and freedom in dentistry. It is important that we collaborate with our partnering dentists, enabling them a way to enhance and share their skills. This means that with our support they can grow more than they could have on their own, whilst retaining clinical control of their business. These goals and values are shared by our funders at Universal Partners.It’s a unique approach, but one that we feel really meets the needs of dentists today – we believe what we are building will revolutionise dentistry in the UK

Andrew Birrell, Executive Director at Universal Partners comments: ‘Universal Partners are delighted to fund Dentex, to support the delivery of the unique clinical partnership model. As a long-term capital provider, we are committed to partnership and we believe that Dentex will make a lasting, positive impact by allowing clinicians to set high clinical standards, whilst benefiting from a strong capital provider.

Dentex works with two partner types:

  • Dentex Regional Partners – For dentists who wish to expand and grow their own group of practices,
    but need support to realise their ambitions. Taking a minority share the business, Dentex provide
    financial, legal, regulatory, business and management support necessary to drive practices forward.
  • Dentex Practice Partners – Practice Partners gain the support needed to refocus their efforts on the
    areas of work which they find most rewarding. The practice becomes part of a Regional Partner’s
    group, helping to realise the practice’s potential, both clinically and financially.

Dentex co-founder Mark Cockburn comments: ‘Dentex supports dentists in running their practices by providing mentoring, guidance, technical, financial, regulatory, legal and clinical help as needed. Partners retain full clinical control of their businesses and gain the reassurance of a safety net.
At Dentex we believe in a culture of integrity, respect, and the highest ethical standards,’ he adds. ‘We work with passion and determination in everything that we do, while continuously searching to innovate, improve and evolve. These are the qualities which we are looking for in any future practice or regional partners.

Regional Partner, Mark Hughes of SD Dentco, comments: ‘Patient-centred dentistry has always been a passion of mine. Having developed my own group of practices, as well as worked with and sold to large dental corporates, Dentex was the only option that allowed me to continue to provide the highest quality care and personal attention that I am used to. Being able to retain my own philosophy and practice identity was key in my decision to join.

In my opinion, they are the only investment vehicle that offers true partnership in growing our businesses together. Any concerns I had were quickly abated after meeting the exceptional support team Dentex has pulled together. The wealth of experience and support they offer is second to none in the UK.

The ability to release equity and still remain in control of my business was key and with the support of the Dentex team I can achieve growth much quicker than I could have on my own.

 

www.dentexhealth.co.uk

  2974 Hits
2974 Hits
DEC
01
0

Denplan announces successful completion of its first two 50/50 dental partnerships

Denplan announces successful completion of its first two 50/50 dental partnerships

 

Denplan has announced today that it has completed its first two 50/50 dental partnerships with dental practices in South Yorkshire. Plans to set up a pilot scheme to enter into equal partnership with individual member practices were revealed last year by Denplan and Simplyhealth. 

The new partnership model ensures that both partners have equal rights in practices and enables dentists to retain day-to-day clinical management of the practice. The business model has been created to reduce the barriers to an associate taking over a practice and supports the eventual transition to a new owner, who will then acquire the retiring dentist’s 50% share of the practice.

The first two new partnership practices are: The Dental Practice, based in Dronfield Woodhouse, in Sheffield; and Mapplewell Dental Centre in Barnsley. The Dental Practice is a family run private practice, owned by Dr Colin Doody, and has been in business for over 36 years. Mapplewell Dental Centre is owned by Dr Mark and Dr Elizabeth Bishop who have been in business for over 21 years.

The Partnership Programme offers peace of mind to dentists as it sets out the basis on which the remaining 50% of the practice will be valued, providing certainty to the dentists who participate at a time when they might have concerns over retirement and what might happen to their practice. It also helps dentists to enjoy their hard earned success by immediately freeing up some of the finances that would otherwise be reserved to fulfill the obligations of running a successful practice – and continuing to allow them to take responsibility for the day to day management of the practice, clinical activity and patient care.

The Partnership Programme resulted from a strategic review from Simplyhealth, of which Denplan is a part, who are focusing on further investment and innovation in the dental market.

 

Steve Gates, Managing Director of Denplan, commented: “We are delighted that we have completed our first two dental partnership agreements with The Dental Practice and Mapplewell Dental Centre.  Succession planning for retirement is an increasing priority for many dentists and one which we believe Denplan and the Simplyhealth team can play a positive and active role in. We are well positioned to partner with member dentists due to our existing strong relationships with them and our expertise in the dental marketplace.  

Romana Abdin, Chief Executive of Simplyhealth added: “This is a really exciting development that has attracted a great deal of interest from dentists looking to secure the right future for themselves, the practice and their patients. Our sole focus is everyday health and this demonstrates an ongoing commitment to dentists and the market as a whole.”

Dr Colin Doody, owner of The Dental Practice, said: “I was thinking of my exit strategy as I am getting to ‘that age’, and I wanted to ensure that I was leaving my practice in good hands for my son, who is our associate dentist, and also my wonderful long standing staff and patients – many of whom have been coming to see me for the last three and half decades! This Partnership Programme offered me the ideal solution.”

Dr Mark Bishop, owner of Mapplewell Dental Practice, commented: “We decided to partner with Denplan to ensure that there would be a legacy of high quality dentistry after we retire. Denplan are a respected and trusted brand who have always had the same ethos of customer care as we have.  As we really care about our practice team, this model allows a smooth transition and ensures they will be well looked after in the future.”

The new businesses have been set up as ring-fenced partnerships. These will operate separately from Denplan, bringing in additional expertise from across Simplyhealth, with their own governance to ensure that there is no potential for any conflicts of interest to arise.

 

 

 

 

About Denplan 

Denplan Limited is the UK’s leading dental payment plan specialist owned by Simplyhealth; with more than 6,500 member dentists nationwide caring for approximately 1.7 million Denplan registered patients. Established in 1986 by two dentists who pioneered the concept of dental payment plans, Denplan has been at the heart of dental care for nearly 30 years. Today, Denplan has a wide range of dental plans for adults and children, enabling patients to spread the cost of their private dental care through a fixed monthly fee. Denplan supports regular attendance and preventive care, reducing the need for clinical intervention and helping patients to maintain healthy teeth and gums for life. Patient enquiries telephone: 0800 401 402   Dentist enquiries telephone: 0800 328 3223www.denplan.co.uk

 

·         Denplan Care: all routine and restorative care + worldwide dental injury and dental emergency cover 

·         Denplan Essentials: routine care only + worldwide dental injury and dental emergency cover 

·         Plans for Children: routine and other agreed care + worldwide dental injury and dental emergency cover 

·         Membership Plan: registered with the dentist + worldwide dental injury and dental emergency cover 

·         Denplan Emergency: worldwide dental injury and dental emergency cover only 

·         Corporate Dental Plans: company funded, voluntary and flexible benefit schemes 

 

Denplan also provides a range of professional services for its member dentists and their practice teams, including the Denplan Quality Programme, Denplan Excel Accreditation Programme and Denplan Training.  Plus regulatory advice, business and marketing consultancy services and networking opportunities.

 

For more information about Denplan: 

Kate Maybank

Denplan Press Office 

Tel: 01962 829 179

This email address is being protected from spambots. You need JavaScript enabled to view it.

  3307 Hits
3307 Hits
JUL
22
0

AppointMentor and Toothpick join forces

AppointMentor and Toothpick join forces

The UK's largest dentist finder website, www.toothpick.com is pleased to announce a partnership with the UK's leading online bookings system AppointMentor (a service of Welltime Ltd). This joint approach will enable dental practices using iSmile Dental Software to automatically publish the free appointment times they wish to promote to new patients on www.toothpick.com as well as enabling existing patients to book appointments from the practices' own websites using AppointMentor.

With a real need for dental practices to remain competitive and accessible to patients online, this partnership signals the opportunity for thousands more dental practices to be a step closer to achieving this goal.

Toothpick and AppointMentor currently list around 1 in 6 high street dentists, steadily building more local appointment supply for the 30 million British people who have not seen a dentist in the last 2 years.  With significant growth in demand for cosmetic dentistry as the economy strengthens, being visible online and removing the barriers for new patients to access high quality dentistry underlies the benefits of the new service this collaboration will provide.

Sandeep Senghera, Founder and CEO of Toothpick added: "Dental practice receptionists are very busy and being able automatically display their free appointments means new patients are the first to see when a slot becomes free. In turn dentists are happier and practice owners can build their business 24/7 - which is critical to all businesses who want to stay competitive today."

Mubbasher Khanzada, Founder and CEO of AppointMentor commented: "Patients are more discerning nowadays, they want top quality service and want it now. They expect to be facilitated according to their lifestyles and that's where online booking with anytime, anywhere, any device capability helps patients and practices both, creating a win-win situation. With intelligent solutions like appointmentor.com available today, service providers who are able to adapt according to patient lifestyles would attract and retain customers in order to grow."

Mohammed Q. Anwar, Marketing Director at iSmile Dental Software commented: "This collaboration is great news for our clients. It opens up a coveted revenue stream with Toothpick's proven online lead generation promise and AppointMentor's best in class online booking system."


If dentists wish to learn more they can contact Toothpick on 0207 193 7043 or This email address is being protected from spambots. You need JavaScript enabled to view it., or AppointMentor on 0203 664 6537 (This email address is being protected from spambots. You need JavaScript enabled to view it. or visit www.welltime.co.uk), or iSmile on 0845 468 1287(www.ismiledental.co.uk).

  5397 Hits
5397 Hits

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