Oasis Dental Care sold for £185m

Oasis Dental Care sold for £185m
Bridgepoint has purchased Oasis Dental Care for £185m, it was widely reported today, in a deal to be completed this week. Other investments owned by this company include Fat Face and Pret a Manger. The vendor, Duke Street Capital, unusually, is retaining a small percentage to remain as a minority investor.

The price of £185m values Oasis on a multiple of less than 9 times EBITDA. Duke Street had taken Oasis off the Stock Market for £77m in 2007, at a multiple of 12, but Bridgepoint are paying much less than the £250m tag publicised last summer.

Read more: Oasis Dental Care sold for £185m

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GDC votes for Direct Access

GDC votes for Direct Access
Meeting for the last time in its current council chamber, the General Dental Council (GDC) voted to allow some Dental Care Professionals (DCPs) to treat patients without prescription and without the patient having to see a dentist first. Direct access will be extended to:

• dental hygienists and dental therapists for their full scope of practice

• dental nurses undertaking public health initiatives

• orthodontic therapists carrying out IOTN screening

However direct access will not be extended to dental technicians or widened for clinical dental technicians.

Read more: GDC votes for Direct Access

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Research fund launches call for dental plastics research bids

Research fund launches call for dental plastics research bids
The Shirley Glasstone Hughes (SGH) Trust Fund, chaired by Professor Elizabeth Kay, has launched its annual competition for primary care dental practitioners to win up to £200K of funding for research. The Fund is this year seeking applications for research projects that investigate the environmental impact of plastics in restorative dental materials.

Read more: Research fund launches call for dental plastics research bids

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MP Jamie Reed promises to listen

MP Jamie Reed promises to listen
Shadow Health Minister and Labour MP for Copeland, Jamie Reed, has told GDPUK that, as part of Labour’s Healthcare policy review, he will be visiting dental practices to speak to patients and dentists about all aspects of the current system. He also asked anyone with an interest to put their concerns in writing.

Read more: MP Jamie Reed promises to listen

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Bigger practices with NHS contracts still command higher values

Bigger practices with NHS contracts still command higher values
Alan Suggett reported the latest NASDAL goodwill survey showed the dental practice sales market is still strong with no sign of the impending changes to NHS contractual arrangements having any impact on values. He said that in the build-up to the introduction of the 2006 contract, dental practice sales slowed down dramatically . By contrast, the latest figures show that the market is still active and NHS and mixed practices in most areas are still sought after.

Read more: Bigger practices with NHS contracts still command higher values

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HIP~Z : An appeal for health, Zanzibar

HIP~Z : An appeal for health, Zanzibar
Dentist and GDPUK member, Ike Fazal, is appealing to all his dental colleagues, wherever you are, to donate in kind, any redundant dental items, which may be surplus to your needs,  items of equipment, hand instruments, or all kinds of consumables. ‘HIP~Z’: Health Improvement Project, ZANZIBAR, is a British charity, which is now in a joint venture agreement with the Ministry of Health, Zanzibar.
http://www.hipz.org.uk

Donation page : http://www.hipz.org.uk/donateHIPZ

Read more: HIP~Z : An appeal for health, Zanzibar

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BDTA Dental Showcase launches website for 2013

BDTA Dental Showcase launches website for 2013
Registration for BDTA Dental Showcase is now officially open for 2013.

This year, the exhibition will be held at Birmingham NEC from 17-19th October.  

To find out more about Dental Showcase 2013, register for tickets and personalise your experience visit: www.dentalshowcase.com now.

Read more: BDTA Dental Showcase launches website for 2013

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