Vince Dilley on Dentistry Growth Strategies That Actually Work
The latest episode of The Dental Economist Show brings together the best of both worlds—exponential growth and meaningful impact. Join host CRO Mike Huffaker of Planet DDS as he welcomes founder and CEO of Platinum Dental Services, Vince Dilley, for a dynamic conversation on the actionable ways one can identify the unique potential of independent practices and make them a part of a booming collective. Together, they discuss:
- The power of patient reactivation and creative financing strategies in growing a dentistry empire
- Platinum’s road to acquiring and transforming underperforming practices
- The critical role of standardization and using technology to drive growth through consistency across practices
- The unique hybrid centralization model, maintaining an efficient 6.5% to 7% corporate overhead while driving double-digit same-store growth
If you’re looking for ways to create a robust ecosystem that prioritizes the growth of both your practice and the individuals that make it, this is a conversation you need to tune into!
Episode Highlights
On the latest episode, Vince Dilley discusses growth strategies to effectively support expansion of a dental group or practice. Here are some highlights from the show:
The origin of platinum & innovative strategy
Vince Dilley describes the dynamic journey of moving from patient reactivation to applying innovative acquisition and financing strategies to grow Platinum Dental Care Services into a forty-one-practice brand.
Navigating the challenges & opportunities of acquisitions
The right growth strategies are critical to forming and maintaining successful acquisitions. Vince Dilley shares his experience in identifying these strategies, knowing what to look for and his learnings from initial acquisitions.
The power of technology & standardization
Using technology efficiently to facilitate an ecosystem of standardization within and across practices ranks high on Vince’s to-do list. He shines a light on this criticality and the pitfalls of not paying close attention to it.
The ins and outs of private equity partnership
Vince shares the strategies that led the company to a successful private equity partnership, the importance of defining clear roles prior to the partnership and the right formula to cracking organization structure.
Meaningful impact & staying the course
Referring to himself as a “student of leadership,” Vince shines a light on his biggest sources of learning, mentorship, and knowledge. He also emphasizes the importance of prioritizing meaningful impact through Platinum’s free dentistry initiatives.
About The Dental Economist Show
Don’t miss insightful conversations with industry experts on the latest trends and top strategies to grow your DSO or dental business. Tune in to The Dental Economist Show each week as we meet at the intersection of profit and purpose.
