Brand Enters Two New States; Adds 4 New
Affiliations with 15 Total Locations
DALLAS, July 24,
2024 /PRNewswire/ -- Smile Doctors, the largest
orthodontic support services organization in the U.S., is pleased
to announce continued growth in its network, including expansion
into two new states, Connecticut
and Massachusetts, and the
continued success and evolution of its Joint Venture
Model.
In the first half of the year, Smile Doctors welcomed four new
practices to its network including Otto Orthodontics (MO), Smile
Construction Orthodontics (TN), Dixon Orthodontics (CT & MA)
and Greater Madison Orthodontics (WI). Additionally, Smile Doctors
opened two de novo locations with affiliated partners and has four
additional locations slated to open in 2024.
"After talking to many OSOs in years prior, what ultimately
helped us decide to affiliate with Smile Doctors was the chance to
partner with the best of the best," said Dr. Jeffrey Dixon, founder of Dixon Orthodontics. "I
was so impressed with the business development team that I knew
Smile Doctors was the best place for me, my practice and my team to
be. This partnership will fuel our evolution and growth while also
keeping us rooted in our practice and community and the brand we've
worked so hard to build. We can't wait to work alongside some of
the industry's best practices and share expertise and resources
that serve our patients."
The Joint Venture Model, introduced in 2023, has become a
popular way for practices to affiliate and grow with Smile Doctors.
Practices taking advantage of the Joint Venture Model can leverage
the industry-leading tools, technology and resources Smile Doctors
brings to the table, while still having an ownership stake in the
practice – a best of both worlds scenario.
This year, Smile Doctors introduced yet another way to
participate in the Joint Venture Model and its many benefits, for
both new and existing affiliations: "tuck-in" acquisitions. These
deals involve an affiliated doctor partner and Smile Doctors
jointly purchasing a market-area location with the intent to
rebrand it under the affiliated practice's brand. These deals
expand a practice's footprint allowing them to serve more patients,
while also offering additional financial upside for the affiliated
partner doctor and Smile Doctors.
"Our practice is not a typical one," said Dr. Genevieve Otto, founder of Otto Orthodontics.
"Smile Doctors understood that from the beginning and made it clear
that their goal was to help us achieve our goals as true joint
venture partners—growing our 5 locations so we can bring our unique
treatment experience to more communities across St. Louis while also maintaining a significant
ownership stake in our practice. I'm excited for what this
partnership holds for the future and the chance to bring my passion
for orthodontics to more and more patients."
To learn more about partnering with Smile Doctors, visit
smiledoctorspartners.com.
About Smile Doctors, LLC
Smile Doctors, LLC, is the largest ortho-focused dental support
organization (OSO) in the U.S. The organization has the
fastest-growing network of leading orthodontists. With more than
450 convenient locations in 31 states, Smile Doctors has a rich
history of developing and growing affiliated practices by providing
tools and technology that allow their orthodontists to focus
entirely on patient care. Smile Doctors is the largest network of
Diamond Plus Invisalign® providers. Smile Doctors' orthodontists
are proud members of the American Association of Orthodontists, and
American Dental Association, and host for the Lecture Center for
Orthodontic Excellence. Smile Doctors' mission is to create
confident smiles that inspire the best in their patients, each
other, and the communities they serve. For more information, please
visit: www.smiledoctors.com.
Contact:
smiledoctors@zimmerman.com
The Zimmerman Agency
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SOURCE Smile Doctors