Here at Polaris, we want to create paths of clarity, confidence, and results for our clients in the group practice space, and part of that process is ironing out affiliation strategy details. We thought you might like to hear this side of the story from an expert, so we sat down with Ryan Metzler, partner, and chair of the Corporate Department at Stock Legal, out of St. Louis, Missouri.

We are all about getting the whole picture here at Polaris. So, we sat down with Dr. William Harvey of Harvey Family Dentistry, who has built a successful group practice and whom I've had the pleasure of knowing and working with for years now. I wanted our audience to have the opportunity to hear a story of great success, with all the trials and tribulations that many of us experience.

Creating value post acquisition is no small feat. It's one thing to tee up and find acquisitions, but it's something totally different to make sure they're worth your while and, frankly, worth your risk. If your growth strategy is to acquire practices, then you can’t afford to simply maintain them – you have to unlock new value.

If you're an entrepreneurial dentist or other healthcare provider, one journey to success is the de novo method, or “starting anew.” Our guide here includes all the planning, strategy, and metrics that are involved with this business growth technique. Here at Polaris, we love the de novo growth model - there’s lots of value in this method, especially once you nail down the key understandings to making it a success.

When starting your group dental practice, how do you know which key performance indicators to measure to ensure success? Many group practice leaders make the same mistake in the beginning by trying to track too much. At Polaris, we like to call this “paralysis by analysis” - attempting to measure every KPI possible and getting stuck in the data because of it.

There’s a lot to be mindful of and intentional about if you're going to undertake the journey in building a group practice. 

Are you ready to build a group practice?

Charlotte, NC – Polaris Healthcare Partners announced today it is making a contribution to the UNICEF Organization in support of its efforts to bring much-needed relief to the children of war-torn Afghanistan.  The country has over one million children under the age of five who are confronting skyrocketing food prices, a severe drought with little clean drinking water, the spread of COVID-19, and another harsh winter coming.  In addition to its own contribution,

Polaris is announcing that it will match any contributions from its subscriber and customer base up to $5,000.  

Charlotte, NC – Polaris Healthcare Partners announced today it is expanding its core service offering to include Capitalization Table solutions for existing Partnerships as well as for Merger and Acquisition strategies.  These innovative and comprehensive equity solutions are based off of the company's existing EBITDA-based Financial Model and will help solve two primary challenges of group practices: converting practice-level equity into a common management company equity structure and facilitating growth strategies through outright or partial merging of equity interests of another business.      

Charlotte, NC – Polaris Healthcare Partners announced today it is expanding its core service offering to include Equity Modelling for Associates and Executives of group practices.  These innovative "earned equity" models are based on common solutions found in many publicly-traded companies and are intended to help solve the biggest problem facing group practice owners: attracting and retaining key associates.