Group Practice Accelerator – July
Polaris Healthcare Partners
We help healthcare entrepreneurs build and exit successful group practices. Clarity. Confidence. Results.
As July wraps up, we're all gearing up for a strong finish to the year, but have you taken time for yourself recently? We're all driven and often don't realize when we've been pushing too hard. As the leader of your business, it performs best when you're at your best—fresh, focused, and creative. So, don't just take time for yourself; make time for yourself. You're worth it, and your business and family will thank you.
Cheers,
Perrin?
Case Study: iSmile Orthodontics Achieves Impressive Practice Growth
iSmile Orthodontics is renowned for its commitment to excellence, community, and accessible care. A few years ago, recognizing the need for professional guidance to steer their practice's next steps, iSmile's leadership sought the expertise of Polaris. The results speak for themselves.?
Welcome to Our New Ascendent Executive Class!
?Our Q3 session kicked off on July 9th – We'll spend the next few months focused on Structural Alignment. Registration for Q4 is open and the theme is Business Development and Growth.
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July Podcast Round Up
We always talk about different methodologies for Partnerships as it relates to buy-ins versus earn-ins, but there’s A LOT that needs o be discussed before we ever even get to that point. In today’s episode I give you a series of questions and thought processes to consider and use with your prospective Associate long before you bring them into the ownership of your business.
Join us as we delve into the success story and remarkable growth of iSmile Orthodontics. We are joined by Founder Dr. Steve Giannoutsos and his COO, Geovane Lemond to discuss how they navigated challenges, including the impact of COVID-19, to achieve a 26% revenue increase, add three new offices, and acquire eight more. Hear firsthand how expert guidance reshaped their strategy, empowered their team, and positioned them for sustained success in orthodontic care and community service.
We’re all working very hard to build great businesses that create great revenue and even greater cash flow, but have you ever slowed down to really think about how sustainable it is? The long-term viability of a business comes down to generating revenue and profitability, and then the ability to defend your position. Tune in to learn more about the concept of “defensibility” and what it means for you and your business!
We talk a ton about exit planning and M&A multiples, but it’s always around selling the majority of your business. Well, what if you’re not ready to give up operational control? What if you’re simply looking for a way to take some chips off the table and put some cash in the bank? What if you have more than 10 years to go and you feel like there’s still a ton of upside to your business?! Welcome to the thought process behind a minority investment. Tune in to hear my conversation with Dr. David Phelps from his Freedom Founders Podcast as we dig into this alternative exit strategy!