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6 episodes with brian colao
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4 episodes with brian colao
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4 episodes with brian colao
3 episodes with brian colao
2 episodes with brian colao
2 episodes with brian colao
In this episode, we welcome back Brian Colao, the Director of the DSO Industry Group at Dykema, for an insightful discussion on the current state of the DSO market as we move through 2025. Join us as we dive into: The challenges and opportunities now in the DSO space The impact of economic factors on mergers and acquisitions The rise of same-store growth strategies Updates on the upcoming Dykema DSO Conference, including exciting workshops and networking events Special highlights include the Glo Lounge and keynote speaker, John McEnroe Brian shares his extensive experience in the industry, providing valuable insights for both newcomers and seasoned professionals. Don't miss out on this informative episode packed with expert analysis and practical advice! Key Details: Dykema DSO Conference Dates: August 6-8, 2025 Location: Gaylord Rockies, Aurora, Colorado Discount Code: Use GDN25 to save $250 on registration! For more information, visit https://dykemadso.com/ and be sure to subscribe to our DSO Weekly e-newsletter at https://www.groupdentistrynow.com/. Don't forget to like, comment, and subscribe for more episodes!
Dr. Aman Kaur, Founder & President of Women in DSO and Brian Colao, Member & Director of the DSO Industry Group at Dykema & Founding Board Member of Women in DSO join the show. Dr. Kaur & Brian Colao discuss: The history & importance of Women in DSO The Empower & Grow event - March 6-8 New initiatives - The Lead, Rise & Lead, international Much more Use code GDN2025 to save $200 Register here for the Empower & Grow event at Caesars Palace in Las Vegas on March 6-8 - https://dso.pub/WomeninDSO25 If you like our podcast, please give us a ⭐⭐⭐⭐⭐ review on iTunes https://apple.co/2Nejsfa and a Thumbs Up on YouTube.
In this episode of The Dental Economist Show, host Mike Huffaker sits down with Brian Colao, Director of the DSO Industry Group at Dykema. Join them as they explore the legal frameworks governing DSOs, implementation strategies for new technologies, and the future of dental service organizations in a changing market landscape.
This throwback episode features a replay of a Dental Hacks episode featuring Brian Colao of Dykema! Brian Colao knows DSOs. He's an attorney that helps people create and administer DSOs. He's been a frequent guest on the Dental Hacks and he gave Jason and Alan some of his time at the recent Voices of Dentistry meeting. We went deep on the topic of DSOs and covered a lot of information: What is a DSO? (spoiler: "A DSO is an entity that provides nonclinical administrative support services to a dental practice that is owned by a licensed dentist.") From one practice to thousands When did we start to really see DSOs take hold The episode where we met Brian, "DSOs and Digital Smile Design (DHP186)" Was there a DSO bubble? Denovo vs. Acquisitions What to do if a DSO approaches you? How do you research a DSO that might want to acquire your office? Brian thinks that there is probably a DSO that could fit most any office...go to a conference What are DSO deals looking like for selling dentists? The facts from Brian's mouth to your ears: DSOs are at 23% market penetration in the U.S. dental market right now. He predicts that there will be 80% market penetration in 7-10 years. He feels that you should plan accordingly. EBITA: "Earnings Before Interest, Taxes, and Amortization" What does a DSO look like? Some links from the show: Dykema's website Go Hack Yourself Jason: The Toys That Made Us Alan: NSK Forza M5 Join the Very Dental Facebook group using the password "Timmerman," Hornbrook" or "McWethy," "Papa Randy" or "Lipscomb!" The Very Dental Podcast network is and will remain free to download. If you'd like to support the shows you love at Very Dental then show a little love to the people that support us! -- Crazy Dental has everything you need from cotton rolls to equipment and everything in between and the best prices you'll find anywhere! If you head over to verydentalpodcast.com/crazy and use coupon code “VERYDENTAL10” you'll get another 10% off your order! Go save yourself some money and support the show all at the same time! -- The Wonderist Agency is basically a one stop shop for marketing your practice and your brand. From logo redesign to a full service marketing plan, the folks at Wonderist have you covered! Go check them out at verydentalpodcast.com/wonderist! -- Enova Illumination makes the very best in loupes and headlights, including their new ergonomic angled prism loupes! They also distribute loupe mounted cameras and even the amazing line of Zumax microscopes! If you want to help out the podcast while upping your magnification and headlight game, you need to head over to verydentalpodcast.com/enova to see their whole line of products! -- CAD-Ray offers the best service on a wide variety of digital scanners, printers, mills and even their very own browser based design software, Clinux! CAD-Ray has been a huge supporter of the Very Dental Podcast Network and I can tell you that you'll get no better service on everything digital dentistry than the folks from CAD-Ray. Go check them out at verydentalpodcast.com/CADRay!
Embark on an insightful journey into the realm of healthcare M&A, where the market's ebb and flow dictates the future of dental practices and real estate. With Brian Colao, a luminary in the dental sector, by my side, this episode peels back the layers of complex transactions, revealing how economic currents like rising interest rates and geopolitical unrest shape this nuanced industry. If you're curious about how larger deals are taking a backseat to the tenacity of smaller ventures, or how real estate holds up against financial oscillations, this discussion will leave you equipped with a wealth of understanding.Navigating the waters of partnership acquisitions can be fraught with unseen hazards. We pour over the importance of cultural synergy and talent retention – the lifeblood of any thriving dental practice looking to merge or be acquired. The conversation shifts to a cautionary tale, urging due diligence before joining forces with any Dental Support Organization, lest your equity risks dissolve into nothingness. Moreover, the episode sheds light on the opaque dealings behind distressed DSOs and the imperative of a cultural and financial match to ensure the prosperity of your life's work.Lastly, we cast our gaze toward the horizon of group dentistry and healthcare real estate, predicting that consolidation trends, while momentarily slowed, are far from over. Drawing a parallel to the airline industry's consolidation history, we muse over the robustness of dentistry and its recession-proof nature, contrasting it with the fluid M&A market. As physical spaces continue to be a cornerstone of healthcare, the episode promises to leave you contemplating the future of in-person medical services and the enduring demand for healthcare real estate.If you need help finding the perfect location or your ready to invest in commercial real estate, email us at podcast@leadersre.com. Sign up for a FREE vulnerability analysis and lease renewal services View our library on apple podcasts or REUniversity.org. Connect on Facebook. Commercial Real Estate Secrets is ranked in the top 50 podcasts on real estate
The Bulletproof Dental Podcast Episode 339 HOSTS: Dr. Peter Boulden & Dr. Craig Spodak GUEST: Brian Colao TAKEAWAYS The dental industry is experiencing a shift towards same store growth as M&A activity becomes more constrained. Understanding your EBITDA is crucial for practice growth and valuation. Culture plays a significant role in practice value and patient satisfaction. Innovation, technology, and AI are driving same store growth and improving patient care. Joining a DSO can provide dentists with more opportunities for career advancement and financial stability. Working for a DSO can provide greater job security and protection against unpaid wages compared to private dental offices. DSOs have better quality control measures in place, ensuring a higher standard of care for patients. The dental profession is expected to become more consolidated, with DSOs accounting for a larger percentage of practices. As consolidation increases, valuations are likely to rise due to decreased supply and increased demand. The consolidation of the dental profession may pose an existential threat to insurance companies. Market conditions, including interest rates and political factors, can impact deal flow in the dental industry. Building a business that you don't want to sell can be a viable alternative to selling, but it's important to choose the right growth partner. The DYKEMA Summit is an annual event that brings together dental professionals to discuss industry trends and best practices. Chapters 00:00 - Introduction and Setting the Stage 01:19 - The Pulse of the Dental Industry 04:13 - The Importance of Knowing Your EBITDA 07:56 - The Changing Landscape of Dental M&A 12:43 - The Importance of Culture in Dental Practices 18:46 - The Transition to Same Store Sales Growth 23:05 - The Impact of Technology and AI in Dentistry 31:28 - The Advantages of Joining a DSO 34:43 - Benefits of Working for a DSO 35:49 - Quality Control in DSOs 37:03 - Consolidation of the Dental Profession 39:35 - Potential Threat to Insurance Companies 44:40 - Building a Business to Keep or Sell 49:43 - DYKEMA Summit REFERENCES Bulletproof Summit Bulletproof Dental Practice
The rise of Dental Service Organizations is propelled by dentistry's recession and pandemic resilience. In this episode, Brian Colao talks about the trends and dynamics within the DSO industry and its attractiveness to non-dentist investors. He explores the profound impact of artificial intelligence on dentistry, discusses DSOs' influence on technology adoption, predicts ongoing industry growth and consolidation, addresses challenges for individual dentists, and offers advice on structuring practices for future transactions. Tune into this conversation for insights into the evolving landscape of dental practices and the role of DSOs in shaping the industry! Resources: Connect with and follow Brian Colao on LinkedIn. Follow the Dykema on LinkedIn. Visit the Dykema Website! Learn more about the annual Dykema DSO Conference here! Check out how Brian Colao's special trip to the dentist with game-changing innovations went here!
In this insightful episode of "The Great Friends Podcast," host John Wheeler, CEO of Alpha Aesthetics Partners, engages with the esteemed Brian Colao, Member & Director of the Dental Service Organizations Industry Group at Dykema, with almost 30 years of experience within his field. With unparalleled expertise, Colao delves into the evolving landscape of the medical aesthetic and dental sectors, offering a deep dive into the world of MSO/DSO organizations, private equity, and the intricacies of selling medical practices. The discussion highlights the importance of discipline, culture, and partnership in navigating successful transactions. Colao, a lawyer with extensive experience leading Dykema's efforts in the healthcare legal domain, shares valuable insights on identifying ideal partners, the legal considerations in selling a practice, and adapting to shifts in the private equity climate. This episode is a must-listen for med spa owners, injectors, surgeons, and anyone interested in the business side of medical aesthetics, offering actionable advice and a glimpse into the future of the industry. FOLLOW JOHN WHEELER: https://www.linkedin.com/in/wheelerjohn https://www.instagram.com/johnwheeler.alpha LEARN MORE AND JOIN THE ALPHA COMMUNITY: https://www.partnerwithalpha.com/ FOLLOW ALPHA AESTHETICS PARTNERS: https://www.instagram.com/partnerwithalpha/ https://www.linkedin.com/company/alpha-aesthetics-partners/ FOLLOW BRIAN COLAO & DYKEMA: https://www.linkedin.com/in/brian-a-colao-303619122/ https://www.linkedin.com/company/dykema-gossett-pllc/
Dr. Aman Kaur, Founder & President of Women in DSO & Brian Colao, Member & Director of the DSO Industry Group at Dykema & Founding Board Member of Women in DSO join the Group Dentistry Now Show. They discuss: The history and importance of Women in DSO The Empower & Grow event - March 6 - 8, 2024 The value of being a member of Women in DSO New programs & initiatives Much more Register for the Women in DSO Empower & Grow event at the Conrad in Las Vegas on March 6 - 8 - https://womenindso.regfox.com/women-in-dso-empower-and-grow-2024 To find out more about Women in DSO visit - https://womenindso.org/ If you like our podcast, please give us a ⭐⭐⭐⭐⭐ review on iTunes https://apple.co/2Nejsfa and a Thumbs Up on YouTube. Our podcast series brings you dental support organization and emerging dental group practice analysis, conversation, trends, news and events. Listen to leaders in the DSO and emerging dental group space talk about their challenges, successes, and the future of group dentistry. The Group Dentistry Now Show: The Voice of the DSO Industry has listeners across North & South America, Australia, Europe, and Asia. If you like our show, tell a friend or a colleague.
On today's episode of the Dentalpreneur Podcast, recorded live at the Dental Success Summit, Dr. Mark Costes interviews Brian A. Colao, a leading authority in the DSO (Dental Support Organization) space. Brian has transformed Dykema's DSO group into a renowned leader in middle-market DSO buy-side and sell-side transactions. In this insightful interview, Dr. Costes explores the current landscape of dental consolidation and the impact of interest rates and the economic climate on the appetite for consolidation. Brian shares his expertise, highlighting that consolidation in the DSO space continues to be explosive due to low transaction risks, availability of bank loans, and investments from private equity funds. The conversation further delves into the dynamics of the private equity world, where the need to deploy capital drives interest in dental assets. Brian discusses the shift in focus from buying more EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) to achieving same-store growth as market restrictions increase. Dr. Costes also explores the trend of younger doctors selling to private equity earlier in their careers compared to mid to late career dentists. Brian confirms this pattern, explaining how many dentists fresh out of dental school are bypassing private practice and directly entering the DSO realm. Don't miss this engaging interview that provides valuable insights into the DSO industry and the trends shaping it. Tune in to the full episode and gain expert knowledge from Brian Colao's extensive experience. EPISODE RESOURCES https://www.dykema.com https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast
Brian Colao, lead DSO attorney at Dykema, gives Gary the rundown on why growth-minded practice leaders will love this year's Dykema DSO conference. Connect with our Guest: Website: https://www.dykema.com/ Upcoming events: https://smcnational.com/events/ Need new patients? Request your marketing plan: https://smcnational.com/contact/
Dr. Aman Kaur, Founder & President of Women in DSO & Brian Colao, Director of DSO at Dykema join the Group Dentistry Now Show. The two discuss: Empower and Grow Conference - March 8-10 Las Vegas 2023 Women in DSO programs & initatives Women in DSO international movements Much more To register for the March 8th - 10th Empower & Grow Conference - March 8th - 10th at the Aria in Las Vegas, NV visit - https://womenindso.org/empower-and-grow-2023 If you like our podcast, please give us a ⭐⭐⭐⭐⭐ review on iTunes http://apple.co/2Nejsfa and a Thumbs Up on YouTube. Our podcast series brings you dental support organization and emerging dental group practice analysis, conversation, trends, news and events. Listen to leaders in the DSO and emerging dental group space talk about their challenges, successes, and the future of group dentistry. The Group Dentistry Now Show: The Voice of the DSO Industry has listeners across North & South America, Australia, Europe, and Asia. If you like our show, tell a friend or a colleague.
2022 was another great year for M&A in the dental space. Are you wondering what 2023 holds? I asked two industry titans to join me on the show today to give their thoughts, feedback, outlook and a few prognostications for our world. Need help? Set up a time to talk with us here: https://meetings.hubspot.com/perrin3/book-a-call-pd-ds
Dr. Mark Costes joins Dr. Steven Wingfield and Dr. Aman Kaur in a panel moderated by Brian Colao at the recent Dental Whale Summit in Las Vegas. They tackle DSO-specific issues on scaling group practices such as how it can be a revenue drain, top-line revenue vs. EBITDA as practice valuation metric, common group practice mistakes, and revenue cycle management, among others. EPISODE RESOURCES https://summit.dentalwhale.com/event/business-summit-2022/ https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast Visit the Dentalpreneur Podcast website Write a Review on iTunes
Brian Colao, lead DSO attorney at Dykema, joins Gary to talk about how practice owners should handle a recession, what essential rules DSO leaders need to follow, and why dentists need to stop fighting telehealth and embrace the inevitable. Website: https://www.dykema.com/ LinkedIn: https://www.linkedin.com/company/dykema-gossett-pllc/ Say hello to Brian! LinkedIn: https://www.linkedin.com/in/brian-a-colao-303619122/
Brian A. Colao has transformed Dykema's DSO group into a renowned leader in the middle market for DSO buy-side and sell-side transactions. He is considered one of the foremost authorities in North America on the DSO space. Visit DykemaDSO.com for more information. He also does considerable work in the MSO space in numerous professional disciplines. Join him and host Chelsea Myers, founder and CEO of Dental Life Coach as they talk about what a DSO is, how to increase profitability, where to start, and the Dykema DSO event in July (https://dykemadso.com/agenda-2022). To learn more about Dental Life Coach, executive coaching for dentists, increasing case acceptance rates, talent retention, and creating scalable culture visit www.DentalLife.Coach.
Brian Colao, Principle of Dykema, joins Dr. Mark Costes on the podcast today. His DSO focused law firm employs over fifty attorneys that create DSO structures from the ground up for the growing group, vet deals from both the buyers and sellers side, and provide assistance with due diligence. Listen in as they discuss these services, how raising interest rates will affect sales going forward, and current trends in valuations across the market. EPISODE RESOURCES https://www.dykema.com Dental Success Network Subscribe to The Dentalpreneur Podcast Visit the Dentalpreneur Podcast website Write a Review on iTunes
How do you value EBITDA? It's a combination of :Infrastructuremedicaid collectionsuse of AIwhether the owner stays onthe ability to integrate specialtiesplan for growthcultureIn short, it's an art and not a science. Sometimes the best thing you can do is close a location.Brian and Austin talk about what direction EBITDA multiples are headed and how the FED affects the industry. Join Austin and Brian at the Dykema conference in Denver July 13th-15th. www.dykemadso.com If you need help finding the perfect location or your ready to invest in commercial real estate, email us at podcast@leadersre.com. Sign up for a FREE vulnerability analysis and lease renewal services View our library on apple podcasts or REUniversity.org.Connect on Facebook.Commercial Real Estate Secrets is ranked in the top 50 podcasts on real estate
Brian Colao of the Dykema Law Group and Steve Mizrach of the accounting firm Dorfman, Mizrach & Thaler join me on the show today to talk through the year that was 2021, where we are in 2022 and where we're going in 2023. We go from big picture to even more tactical considerations around LOIs, QOEs and a lot of other acronyms I don't understand. This episode is a tour de force! Brian Colao: BColao@dykema.com Dykema Law Group: https://www.dykema.com/people/brian-a-colao.html Steve Mizrach: smizrach@dmtcpas.com Dorfman, Mizrach & Thaler: https://www.dsocpas.com/
Dr. Aman Kaur, Founder & President of Women in DSO and Brian Colao, Director of Dykema's Dental Service Organizations Group join the Group Dentistry Now Show. They discuss the Women in DSO organization and the upcoming inaugural Women in DSO event at The Aria in Las Vegas, March 9th - 11th. Find out more and register for the event - https://womenindso.org/2022-inaugural-event . If you like our podcast, please give us a ⭐⭐⭐⭐⭐ review on iTunes http://apple.co/2Nejsfa and a Thumbs Up on YouTube. Our podcast series brings you dental support and emerging dental group practice analysis, conversation, trends, news and events. Listen to leaders in the DSO and emerging dental group space talk about their challenges, successes, and the future of group dentistry. The Group Dentistry Now Show: The Voice of the DSO Industry has listeners across North & South America, Australia, Europe, and Asia. If you like our show, tell a friend or a colleague.
We're always being asked: "Do you have any good book recommendations?" Well, here's our first of what will be many book reports. We'll be doing them by coordinated topics going forward and this first one is all about our favorite subject, "people management!" I'll give you a high-level overview of four great ones we recommend often: "Who: the A Method for Hiring" by Geoff Smart & Randy Street "The Ideal Team Player" by Patrick Lencioni "Who Not How" by Dan Sullivan "Ownership Thinking" by Brad Hams Add the "Impact Filter" tool from Dan Sullivan and Strategic Coach (www.strategiccoach.com/go/whonothow) and you've got the building blocks to a larger "hiring system" for your growing business. A quick shout-out to Brian Colao and his team at Dykema on a great event in Denver and the story behind Spencer Lueder's 20-year quest to change the world of cancer survivorship on a bicycle. It's all on today's show! Questions, comments or coffee recommendations? Send them to me directly at: Perrin@PolarisHealthcarePartners.com And please be sure to leave us a rating!
Here are the answers you've been looking for from the people who know! I'm joined by Scott Haberman and Mel Schwartz of the Eide Bailly accounting firm for some tremendous insights into accounting and tax considerations for those who are considering selling their business this year. Mel also gives us "the latest" update from Washington, DC on the proposed tax law. For additional questions, please reach out to Scott directly at: shaberman@eidebailly.com I'm also joined by Brian Colao of the Dykema law firm about Polaris's sponsorship of their "8th Annual Definitive DSO Conference" coming up in Denver in late June. To learn more, please visit: https://dykemadso.com/
Brian Colao is director and founder of Dykema’s DSO industry group. Brian created this arm of Dykema and this is the 8th year of hosting the DSO conference. Unlike other conferences, this one will be entirely in person!Brian started his career as a lawyer 25 years ago before Dental Service Organizations were an official concept. He's been on the scene to see them explode and shares his insight over how far they've come as an industry and where they are going from here. To go to the live event this year in the rockies, go to dykemadso.com .The dates are July 28-31st 2021.If you need help finding the perfect location or your ready to invest in commercial real estate, email us at podcast@leadersre.com. Sign up for a FREE vulnerability analysis and lease renewal services View our library on apple podcasts or REUniversity.org.Connect on Facebook.
A well-known speaker on the DSO event circuit, and a respected attorney for 25 years, Brian discusses where we are as an industry and the mistakes that have been made during this pandemic. Brian shares his passion for our industry and addresses the importance of dentistry sharing ONE voice with the message that dentistry is essential. He explains that our recession-proof industry must also represent itself as pandemic-proof to government officials immediately. This is an incredibly insightful and passionate podcast for both solo and group practitioners, teams, administrators, executives, and trade organizations! Our podcast series brings you dental support and emerging dental group practice analysis, conversation, trends, news and events. Listen to leaders in the DSO and emerging dental group space talk about their challenges, successes, and the future of group dentistry. The Group Dentistry Now Show: The Voice of the DSO Industry has listeners across the North & South America, Australia, Europe, and Asia. If you like our show, tell a friend or a colleague.
Brian Colao, Director of Dental Service Organizations for Dykema, joins Co-Founding Partner, Perrin DesPortes, to give a general overview of where we find ourselves today- providing general guidance around employees. Including, how to deal with transitioning, terminating or furloughing employees as well as bringing them back when businesses rebound. Lastly, Brian will share his outlook on the time period that lies ahead. Contact Brian: 214-462-6409 | bcolao@dykema.comMore About Brian: Brian is the Director of Dykema’s Dental Service Organizations Industry Group. He is widely regarded as one of the foremost authorities in the United States on the corporate practice of dentistry, illegal fee splitting and the related regulations, including advertising regulations, laboratory regulations, patient finance regulations, billing regulations, HIPAA regulations, credentialing, permit and licensure regulations, marketing regulations, and labor law regulations affecting dental practices.
Brian Colao knows DSOs. He's an attorney that helps people create and administer DSOs. He's been a frequent guest on the Dental Hacks and he gave Jason and Alan some of his time at the recent Voices of Dentistry meeting. We went deep on the topic of DSOs and covered a lot of information: What is a DSO? (spoiler: "A DSO is an entity that provides nonclinical administrative support services to a dental practice that is owned by a licensed dentist.") From one practice to thousands When did we start to really see DSOs take hold The episode where we met Brian, "DSOs and Digital Smile Design (DHP186)" Was there a DSO bubble? Denovo vs. Acquisitions What to do if a DSO approaches you? How do you research a DSO that might want to acquire your office? Brian thinks that there is probably a DSO that could fit most any office...go to a conference What are DSO deals looking like for selling dentists? The facts from Brian's mouth to your ears: DSOs are at 23% market penetration in the U.S. dental market right now. He predicts that there will be 80% market penetration in 7-10 years. He feels that you should plan accordingly. EBITA: "Earnings Before Interest, Taxes, and Amortization" What does a DSO look like? Some links from the show: Dykema DSO conference (use coupon code: VOD2020 for a discount), July 15-17th at the Omni Hotel in Dallas. Dykema's website The Dental Hacks Nation closed Facebook group has 28,000 members! Head over there to interact with other Dental Hacks listeners, guests and Brain Trust members every day, all day! Remember…if you don’t have anything “dental” on your FB page, we might decline your membership request. So IM the group or email us at info@dentalhacks.com! Our friends at Cosmedent are offering a course by Dr. Rhodri Thomas called “The Art of Resin.” It’s this coming May 14th and 15th at the Cosmedent Center for Esthetic Excellence in Chicago overlooking Michigan avenue! Rhodri is a dentist and artist who has an interesting take on resin and cosmetic dentistry. Rhodri will demonstrate step-by-step simple and complex Class IVs, a direct resin veneer, how to mask a discolored tooth and the steps for mastering finishing and polishing. You will be able to practice all the exercises live with Dr. Thomas and gain invaluable feedback as you work. There will also be pre-recorded instructional videos of each stage to ensure everyone is supported regardless of clinical speed. Go check it out at dentalhacks.com/Rhodri! Are you in one of those offices where the system for team communication consists of “yelling down the hallway?” Come on guys, that’s so late 90’s. It’s time for you to get up to speed and get your team on the same page! Our friends at YAPI have figured intra office communications out! YAPI understands that a team that communicates is a team that’s happy and productive! Check out YAPI’s intra office messaging and all of the other great features YAPI has to offer at dentalhacks.com/YAPI. YAPI. It’s a funny name, but it’s serious software! OK CAD/CAMmers...I want you to imagine a workspace so clean and organized that you won’t even recognize your operatory. Our friends at Zirc are really good at organization. And they really GET you CAD/CAMmers. They have a new product out called the Block Organizer. It’s like the adorable little brother of their amazing block lockers and it’s meant to help organize your CAD/CAM blocks in a drawer or on a desktop. It keeps your blocks right at your fingertips and Zirc offers you a bunch of different labelling options at zirc.com/labels.The coolest thing about the Block Organizer is how it was created to fit within existing cabinets! You won’t need to change anything in your workflow except the extra time that you’ll save! Check them out at dentalhacks.com/blockorganizer and be sure to use coupon code: DHBlock on their website for a special buy 3, get one free deal! Go Hack Yourself Jason: The Toys That Made Us Alan: NSK Forza M5 If you have any questions or comments for us please drop us an email at info@dentalhacks.com or find us (and like us!) at www.facebook.com/dentalhacks. Or, if you prefer…give us a call at (866) 223-5257 and leave us a message. You might be played in the show! If you like us, why not leave us a review on iTunes? It helps us get found by like minded people and might even help us get into “What’s Hot” in the iTunes store! Go to this link and let the world know about the Dental Hacks! Finally, if you aren’t an Apple person, consider reviewing us on Stitcher at: stitcher.com/podcast/the-dentalhacks-podcast! If you would like to support the podcast you can check out our Patreon page! Although the show will always remain free to download, our Patreon supporters get access to special bonus content including (at least) one extra podcast episode every months! Also be sure to check out the Dental Hacks swag store where you can find t-shirts, stickers coffee mugs and all sorts of other things that let the world know you’re a part of the Hacks Nation.
Are you considering selling your dental practice? Whether you are thinking about it or not, it is beneficial to know your options if that time comes. This episode goes over some of the details including the risks and benefits of selling a private practice to Dental Service Organizations (DSOs) and to the private equity market. There are tremendous opportunities in the market right now for selling in one of these methods as opposed to selling directly to another dentist. My guest this week is Brian Colao, an attorney specializing in dental support organization, structuring, restructuring, and sales of private practices to dental support organizations or private equity agreements. Listen to this episode to consider ways to receive the best value possible for your practice and to have a greater understanding of your involvement in deals to make the future successful for your organization. In this episode, you’ll hear: Consolidation of practices is continuing at an unprecedented rate and selling directly to other dentists is a process that is phasing out. What a DSO is, how selling to one can benefit you, and the level of involvement you can still have. What a private equity transaction is and what that means to you. There is a shortage of dentists in the United States right now and DSOs typically do not want to “clean house,” instead they want to keep productive offices moving forward. Dentistry has proven to be recession-resistant and since 2010 or 2011 has stirred increased attention with private equity investors. How to know whether you like a hands-on or hands-off oversight when considering going with a DSO versus a private equity deal. The importance of asking for references before getting involved with people in the industry. Staffing programs for practices around the country and opportunities in remote areas. Information on the upcoming conference this July in Dallas. This is a great opportunity to learn more about this marketplace. Connect with Brian Colao:Dykema Brian Colao DSO information Connect with Russell: Dr. Russell Kirk Podcast Facebook - https://www.facebook.com/businessofdentistrypodcast/ IG - https://www.instagram.com/businessofdentistry/ Twitter - https://twitter.com/businessdentist LinkedIn - https://www.linkedin.com/company/business-of-dentistry/ *** EPISODE CREDITS: If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment. He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world. Find out more at https://emeraldcitypro.com
Live from the stage at VoD, we have Brian Colao talking all things DSO structure, market, and acquisition. Early on in the conversation, Brian gives his predication on where the DSO market...Continue Reading...
Listen in on today's episode with Emmet Scott and special guest Brian Colao Director or the DSO industry group at Dykema. Join us over on Facebook in the DSO Secrets Facebook Group.
This episode of The Dentalpreneur Podcast was recorded live on stage at the Dykema DSO Conference in Dallas, TX. Brian Colao and myself teamed up to interview Don Casey Jr., who took over at the helm of Dentsply Sirona in February of 2018...Continue Reading...
Brian Colao is the principle of the Dykema Law Firm, specializing in creating DSO structures for dental practices across the country....Continue Reading...
Brian Colao is the Director of Dykema’s Dental Service Organizations Industry Group. He is widely regarded as one of the foremost authorities in the United States on DSO formation, DSO business structures, DSO related mergers and acquisitions, and regulatory compliance for DSOs including the corporate practice of dentistry, illegal fee splitting, advertising regulations, laboratory regulations, patient finance regulations, billing regulations, HIPAA regulations, credentialing, permit and licensure regulations, marketing regulations, and labor law regulations affecting dental practices. More information on Dykema’s industry-leading DSO Group can be found at DykemaDSO.com. In addition to his work with the health care and dental industry, Mr. Colao has a nationwide practice that focuses on all facets of complex commercial litigation, including contractual disputes, franchise disputes, issues of corporate governance, breach of fiduciary duty, theft of trade secrets, unfair competition, covenants not to compete, patent, trademark and copyright infringement, fraud and deceptive trade practices, disparagement, lender liability and other business claims. Throughout the past several years, Mr. Colao has served as lead trial counsel in many significant commercial disputes pending in more than 25 different federal districts in over 20 states. He has appeared as lead counsel in numerous state court cases pending in at least 10 states and three Canadian provinces. He has also represented clients in domestic and international arbitration proceedings pending in New York, London, Zurich, Costa Rica, Los Angeles, Atlanta, Dallas, Houston, Orlando, New Orleans, Miami and Jacksonville. Over the course of his career, Mr. Colao has tried in excess of 50 cases to judgment including jury trials, bench trials, and domestic and international arbitration proceedings.
Have you seen multiple practice location appear on your street corners? Have you taken a step back and explored your options recently? Dr. John and Brian explore the latest economy in the Dental field around solo practice vs. corporate dentistry and how that is affecting the dental practitioner. Brian Colao is the director for the Dykema law firm and is continually helping dental offices and lecturing for dental schools. Keep the pulse on the evolution going on around you in the dental world today! Like what you hear? Find us at www.theteamtraininginstitute.com/podcast
Call Box’s Corey Johnson interviews Brian Colao of Dykema about the emerging trends in DSOs, how the industry is shifting towards consolidation, and what to consider when looking to partner with a private equity group or DSO.
Text ‘bulletproof’ to 345345 to stay in the know about our upcoming book release and the Bulletproof Summit on October 12-13th 2018 in Atlanta! Bulletproof Dental Practice Podcast Episode 71 Hosts: Dr. Peter Boulden & Dr. Craig Spodak Guest: Brian Colao, Dykema Key Takeaways: Dentistry is undergoing a great evolution and a great consolidation. There’s also massive disruption within the workspace of dentistry. There’s a lot of fear out there, and it doesn’t have to be that way. A big part of the fear is lack of information. If you can understand what the changes are, why they’re happening, and what the legal options are, there is no reason to fear change. DSO’s allow dentist owners to sell their practice to the whole world, not just to another dentist in your state. If you’re a solo office, you don’t necessarily need to be a DSO. If you plan to grow and are looking for the largest buyout possible then a DSO setup will be a great benefit. After 3 offices you’ll generally see more favorable tax treatment under the new code. Check with your CPA for specifics on your practice. A lot of specialists are forming DSO’s as well. GP DSO’s are buying specialists as well. As the whole market starts to consolidate to DSO’s, strictly referral-based services will start to lose market share. Technology is making specialty procedures a lot more doable for general dentists. The next 3-4 years will include a lot of consolidation, but right now there’s room for everyone at the table. After 5-10 years the marketplace may change, and some opportunities won’t be there anymore. Seeing 14-15x offers will most likely become less common over the next couple years. Brian predicts 6-7x offers will be the norm. There is tremendous demand from private equity to buy dental practices. There is a bit of a gold rush in the dental industry; there’s high demand and low supply. Don’t give in to FOMO; sell when it’s the right time for you. For organizations under 5 offices, it costs around $20,000-$25,000 to set up a DSO. For restructuring DSO’s, 8 out of 10 times Dykema can rework the original DSO into a better structure. Dykema’s 5th Annual Definitive Conference for Dental Service Organizations is coming up July 18th-20th. Register NOW with and use code “BulletProof” to receive discounted registration for $350! References: Private Equity is Pouring Money Into a Dental Empire
Jason and Alan are joined by Brian Colao of Dykema's Dental Service Organizations Industry Group to talk about all things DSO. Brian is involved with the creation and maintenance of DSOs all over the country and this makes him specifically knowledgeable about one of the hottest topics in dentistry today. We start with the basics: "what is a DSO?" all the way to looking at the future of dentistry and what role DSOs play. This is a fascinating conversation...you don't want to miss it! Links from the show: Dykema's 5th Annual Definitive Conference for Dental Service Organizations (use coupon code "dentalhacks" on registration for $300 off!) The Dental Hacks Nation closed Facebook group has almost 24,000 members! Head over there to interact with other Dental Hacks listeners, guests and Brain Trust members every day, all day! Remember…if you don’t have anything “dental” on your FB page, we might decline your membership request. So IM the group or email us at info@dentalhacks.com. Go check out the Dental Success Network! Jason and Alan are part of this amazing 3 pronged network: social network, CE network and buying network! Sign up and let them know the Dental Hacks sent you by using our code: DHN! I was just talking to my best friend from dental school who took the posterior course with me in Tacoma...it's changed the way he does composite restorations. It can do that for you, too. Check it out at dentalhacks.com/learningcenter. The Zirc Crystal HD Mirror...if you try it, you'll never go back. Go check it out at dentalhacks.com/mirrors. Cosmedent has been supporting the show from the very beginning. In fact...the whole idea for this podcast was kind of hatched at a Cosmedent course in September 2013. Go check out the Cosmedent Center for Esthetic Excellence and all of their courses at dentalhacks.com/cee. Maybe you'll have a great idea there, too! Premier Dental “Hack of the Week”: Premier Dental's Enamel Pro Prophy paste and PremierAir instruments Jason: By the Numbers by Addison Killeen DDS Alan: Amazon Fire TV Cube If you have any questions or comments for us please drop us an email at info@dentalhacks.com or find us (and like us!) at www.facebook.com/dentalhacks. Or, if you prefer…give us a call at (866) 223-5257 and leave us a message. You might be played in the show! If you like us, why not leave us a review on iTunes? It helps us get found by like minded people and might even help us get into “What’s Hot” in the iTunes store! Go to this link and let the world know about the DentalHacks! Finally, if you aren’t an Apple person, consider reviewing us on Stitcher at: stitcher.com/podcast/the-dentalhacks-podcast! If you would like to support the podcast you can check out our Patreon page! Although the show will always remain free to download, our Patreon supporters get access to special bonus content including (at least) one extra podcast episode every months! Also be sure to check out the Dental Hacks swag store where you can find t-shirts, stickers coffee mugs and all sorts of other things that let the world know you’re a part of the Hacks Nation
The Dentist Money™ Show | Financial Planning & Wealth Management
It could be the #1 question on dentist's minds: “How will the growth of DSOs affect my practice?” In this Dentist Money™ interview from the Dental Success Summit, Reese Harper, CFP® welcomes attorney Brian Colao, Director of Dykema's Dental Service Organizations Industry Group. Brian represents several DSO venture capitalists and shares his view on the DSO business model compared to solo, multi-location, and group practices. He explains when it makes sense to transition to a DSO, how ownership structure differs from traditional practices, and the implications of selling to a DSO buyer versus a private practitioner.
The Dental Hacks are joined by Brian Colao, Dr. Craig Spodak, Dr. Peter Boulden and Gil Hagi for a grab bag of awesome including the future of DSOs and digital smile design software! Brian Colao is a lawyer specializing in putting together and administering DSOs. Alan stumbled upon a heated discussion between Brian and the Bulletproof Dental Podcast guys (Peter and Craig) at the Voices of Dentistry meeting and decided this conversation MUST be recorded! Also in today's episode is Gil Hagi, creator of an amazing software called Smile Designer Pro which allows you to do an esthetic smile design in a matter of minutes! It's a great tool that allows you to image your patients in one appointment! Links from the show: Dykema law firm Bulletproof Dental Practice podcast Smile Designer Pro The Dental Hacks Nation closed Facebook group has over 23,000 members! Head over there to interact with other Dental Hacks listeners, guests and Brain Trust members every day, all day! Remember…if you don’t have anything “dental” on your FB page, we might decline your membership request. So IM the group or email us at info@dentalhacks.com. Go check out the Dental Success Network! It’s about a month old and already it’s changing the lives of dentists everywhere! Jason and Alan are part of this amazing 3 pronged network: social network, CE network and buying network! Sign up and let them know the Dental Hacks sent you by using our code: DHN! Want a silver bullet for better dentistry? Try Zirc's Crystal HD mirrors! Check them out at dentalhacks.com/mirrors. Bioclear is offering a “Dental Hacks Nation only” posterior course on June 1-2 in Tacoma, WA at the Bioclear Learning Center. The course will be taught by Dr. Jihyon Kim with a little help from Alan of the Dental Hacks! Come take this amazing course with friends from the Dental Hacks nation and learn to love posterior composites! Call 1-855-712-5327, ask for Tanya or email her at tanya@bioclearmatrix.com and she’ll get you signed up. And just to sweeten the deal each participant will leave with a Bioclear HD intro kit (a $437.75 value) for free! Just announced…people that sign up for the Bioclear posterior course on June 1-2 will also receive $500 of 3m products to take home and use the Monday after! Even better...each participant will receive a Premier Dental bur block worth $100! That's over $1000 of free stuff! This one is going to fill up fast…so call now! Cosmecore was designed by the one and only Dr. Bob Margeas and is our favorite core material! Check it out at dentalhacks.com/cosmecore! Premier Dental “Hack of the Week”: Jason: belive.tv Alan: Dental Photography (dentalphotography.ro) If you have any questions or comments for us please drop us an email at info@dentalhacks.com or find us (and like us!) at www.facebook.com/dentalhacks. Or, if you prefer…give us a call at (866) 223-5257 and leave us a message. You might be played in the show! If you like us, why not leave us a review on iTunes? It helps us get found by like minded people and might even help us get into “What’s Hot” in the iTunes store! Go to this link and let the world know about the DentalHacks! Finally, if you aren’t an Apple person, consider reviewing us on Stitcher at: stitcher.com/podcast/the-dentalhacks-podcast! If you would like to support the podcast you can check out our Patreon page! Although the show will always remain free to download, our Patreon supporters get access to special bonus content including (at least) one extra podcast episode every months! Also be sure to check out the Dental Hacks swag store where you can find t-shirts, stickers coffee mugs and all sorts of other things that let the world know you’re a part of the Hacks Nation!
Text ‘bulletproof’ to 345345 to stay in the know about our upcoming book release and the Bulletproof Summit in fall 2018! Bulletproof Dental Practice Podcast Episode 54 Hosts: Dr. Peter Boulden & Dr. Craig Spodak Guests: Alan Mead, Dental Hacks Podcast / Brian Colao, Dykema Law Firm Key Takeaways: Should you have a DSO? If you don’t have a DSO and you’re a doctor owned practice, who can you sell to? You can only sell to other licensed dentists in your state, and that’s a very narrow, deflated market that is getting smaller every day. If you have a DSO your market is the world. A DSO deal with established DSO might pay 5-7x EBITDA and is a low-risk deal. A private equity deal will require ongoing involvement, and is higher risk, so may pay very high single digits to double digits. Private equity deals are performance based. There’s an evolution and consolidation in the dental marketplace. The evolution is from doctor owned single practices to DSO’s. The market is being flooded with private equity funds as it allows non-dentists to make money in the marketplace. The market saturation of DSO’s is about 10%. There is a lot of runway, and the industry is very fragmented. This means that saturation is a ton of value left to harness in the dental market. Seek out education about how the market is changing so you can react and best position your organization. Ten years from now there will be very limited opportunity for solo practitioners. If you have eyes set on being a solo practitioner, you need to understand the transition and have a plan. Only the rock star practitioners will thrive on their own. Patients are becoming more and more demanding. Consumers don’t really care who owns their dental office. DSO’s are in the third generation of progression. The highest valuation in the DSO industry is Deca Dental. 18.2x! DSO’s are trying to implement one-stop shopping. There’s a lot of upside as a practitioner in working within a one-stop shop style practice. It’s not just corporate DSO’s looking to get into the dental marketplace, existing industry suppliers are finding ways to reach consumers directly. References: The Cleveland Clinic Way by Tony Cosgrove Tweetables: “Peer pressure makes dentists better.” Dr. Craig Spodak
Brian Colao, Director of leading US law firm Dykema, shares with us his expertise on how to get started with expanding a solo practice to a DSO or securing a private equity deal. The dental industry is currently heading towards more DSO affiliations from solo practitioners. Getting affiliated with a DSO or doing a private equity deal can result in a much higher ROI over time, so many practitioners choose to expand. What are the first steps towards restructuring to a DSO, or doing a private equity deal? What questions should you ask yourself and how much money would you need? What should you know beforehand when deciding between a DSO and a private equity deal? Brian Colao comes to the rescue with answers to these questions and more. Key takeaways: Affiliating with a DSO vs doing a private equity deal How much money you will need to get started and how much ROI you can expect What the process of reorganizing to a DSO looks like Links: Dykema Tune in to hear more on how Brian Colao’s company is helping solo practitioners get the best investment return out of their business. Want to receive our podcast on a weekly basis? Subscribe to our newsletter! Full show notes at: http://businessofdentistrypodcast.com/
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