In this episode, we are joined by Jonathan Mason, Chief Clinical Officer at Select Dental Management LLC. Here, he discusses his background & what led him to co-found Select Dental Management, the biggest issues he's following in dental he’s keeping his eye one, what the most effective healthcare leaders need to be successful in the next 2-3 years, and more.
Summary
Jonathan Mason: Chief Clinical Officer at Select Dental Management LLC
In this episode, we are joined by Jonathan Mason, Chief Clinical Officer at Select Dental Management LLC. Here, he discusses his background & what led him to co-found Select Dental Management, the biggest issues he's following in dental he’s keeping his eye one, what the most effective healthcare leaders need to be successful in the next 2-3 years, and more.
The Impact of the Economy and Bank Lending on Dental Acquisitions
The biggest issue that Jonathan Mason, Chief Clinical Officer of Select Dental Management, is following in the dental industry is the economy and bank lending. This has impacted the outward growth of acquisitions in the DSSO space and increased rates and decreased leverage amounts. He suggests that in order to mitigate this risk at the practice level, preventative dentistry measures should be promoted. Despite this, they have had their best first quarter ever as a company and Jonathan also had his best first quarter ever in his own practice.
The Future of Digital Dentistry
Digital dentistry is the most exciting thing for Michael, who has been working with it for the past 10 years. He is excited about AI being able to help read x-rays and identify opportunities for treatment. However, he is concerned about developing a great program for training younger dentists and getting them up to speed on procedures. He believes this is due to a mindset among young dentists that they can become successful quickly without having to put in the effort and time necessary.
The Role of Healthcare Leaders in the Next 2-3 Years
In the next two to three years, healthcare leaders need to become financial partners and be patient when working with patients. They should also develop practices internally and focus on streamlining profitability at a practice level in order to hedge against potential economic downturns.
Note: This is an AI generated transcript, not edited by a staff writer and is solely intended for educational purposes. If you have any questions/concerns, reach out to podcasts@beckershealthcare.com
This episode aired on 05/20/2023 and can be listened here.
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