The team at Polaris Healthcare Partners share education, tactics, and strategies to help you launch and scale your group healthcare practice. We bring decades of experience in working with hundreds of clients to help you accelerate your learning curve while minimizing your chances for mistakes. Learn more at https://www.polarishealthcarepartners.com
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Clinical Evolution: Your Guide to Growth with Dr. Vivek Solanki
31:59
31:59
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31:59Polaris Clinical Coach and group practice leader, Dr. Vivek Solanki, joins Jamie for a first look at how skillsets and practices flourish under the right mentorship. A "can't miss" episode with valuable takeaways centered around clear pillars, and a sneak peek into Vivek's own journey and vision for successful groups!…
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Becoming a CEO: Pain Points of Saying Goodbye to the Chair with Dr. Steve Giannoutsos
34:35
34:35
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34:35Jamie welcomes group practice leader and Polaris Clinical Coach, Dr. Steve Giannoutsos, behind the mic for a frank conversation about the often arduous transition from clinician to CEO. Tune in to hear Dr. Giannoutsos' roller-coaster ride through the fear, self-doubt and what-not-to-do's that ultimately led him to the powerful success he chose to c…
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Growth Capital $olutions: Preparing for Your Next Big Investment
20:03
20:03
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20:03Polaris Founder and CEO, Diwakar Sinha, joins Jamie behind the mic to talk CASH. Whether it's company-wide equipment needs, building a DeNovo or your next acquisition, tune in to hear our resident banking expert give growth capital guidance on preparation and lending in 2025.
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A Back to Basics Examination of Rollover Equity with Polaris' Kyle Webster
20:21
20:21
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20:21Join today's episode as Polaris Transaction Advisory Executive, Kyle Webster, joins Jamie behind the mic for a timely Market Update plus a "back to basics" conversation on Rollover Equity considerations.
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The Big Reveal: Introducing Polaris Clinical Coaching
32:21
32:21
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32:21It's finally here...The official launch of Polaris Clinical Coaching! Get a peek behind the curtain as Jamie and Polaris founder and CEO, Diwakar Sinha, welcome Dr. Steve Giannoutsos and Dr. Vivek Solanki as they embark on a truly impactful endeavor into hands-on clinical coaching for Polaris clients. Draw from their journeys through growing pains …
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Fractional COO: A Hands-On Approach to Increasing Practice Value with Adin Bradley
33:13
33:13
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33:13What separates the über-successful groups from those who simply maintain, or worse, stagnate? Join Jamie and Polaris Fractional COO and Executive Consultant, Adin Bradley, as they explore factors for driving operational efficiency and committed leadership. Don't miss Adin's "3P Formula" for achieving alignment and success!…
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Equity Insights with Polaris' Mark Flock: What's the Best Fit for Your Ownership Objectives?
34:27
34:27
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34:27Back by popular demand, Polaris' own Mark Flock answers some of our listeners' most burning questions in response to his Buy-in versus Earn-in podcast with Perrin back in November. You won't want to miss his expertise or the BIG ANNOUNCEMENT we can't wait to share on January 16th!
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Maximizing Value: Expert Insights on Deal Predictability with Kyle Webster
23:58
23:58
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23:58Polaris Transaction Advisory Executive, Kyle Webster, walks Jamie and Perrin through EBITDA and valuation optimization in this last episode of 2024. Tune in to find out if you're truly ready to move toward a sale, and how NOT to leave money on the table!
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Strategic Planning Snafus: Best Practices for Creating an Achievable Game Plan and How to Dodge Common Missteps
30:04
30:04
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30:04What are the biggest mistakes the Polaris team sees in Strategic Planning? Tune in to find out, and learn why these common errors can wreak havoc on the growth of your business! Gain noteworthy insights as Perrin and Jamie discuss how best to plan, prepare and grow, while avoiding roadblocks that can cost you and your team time and money.…
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Reevaluating Banking Relationships: Your 2025 Growth Plan Depends on It!
25:04
25:04
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25:04Pop Quiz: Banking is banking, right? False! Jamie and Perrin guide growth minded listeners on considerations for avoiding costly capital raise mistakes, and how the Polaris team can help steer the ship toward realizing those goals.
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Jamie and Perrin examine optimistic economic trends with an eye toward the coming year for healthcare and your practices. A conversation on 2025 projections gives a sneak peek into anticipated performance and how outlook, choices and action can help mold those upward trends for you!
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Jamie taps into Perrin's depth of knowledge on building your group in the next five years. Listeners get full access to advice on making big decisions, preparing for growth, and avoiding the most common pitfalls in choosing a path toward building a group practice.
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Turning the Tables on our Host, Perrin DesPortes!
34:16
34:16
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34:16Jamie steals the mic for candid interview of our favorite co-host, Perrin DesPortes, on the current and upcoming M&A landscape. Perrin shares his expertise and insights in light of recent changes in the economy, as well as sage advice on preparing for your desired next steps. Tune in to find out what his crystal ball reveals!…
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Polaris Announces Next Level Executive Spin-Off
13:49
13:49
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13:49We have some Polaris company news to share with our audience of loyal listeners and followers. One of our Co-Founders, Perrin DesPortes, is going to be exiting his role as an owner in the company. Hear directly from Diwakar and Perrin on the Next Level Executive Spinoff and Perrin's future plans.
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The Pros and Cons of Buy-in vs Earn-in Equity Models
24:56
24:56
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24:56Last week, I brought Mark Flock behind the mic to tackle questions around "timing" of an equity solution. this week, he's back again to tackle the "which one and why" aspect of determining the right solution. Want a PDF copy of our "Grid" to do your own compare and contrast analysis? Reach out to Mark directly at: [email protected]…
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When is the right time to consider an equity solution for your Associate?
27:53
27:53
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27:53Mark Flock joins us behind the mic for a deep dive into questions we get constantly as it relates to "the right time" for an Associate Equity solution. As you would imagine, the question of timing has several different tangents, so we share a bunch of insights into "the whats and the whens" of equity. Reach out to Mark directly at: Mark@PolarisHeal…
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Welcome to our Newest Team Member, Jamie Falasz!
30:06
30:06
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30:06We welcome to the show our newest team member, Jamie Falasz! She shares her 30+ years of experience in the dental industry and an outlook on what's to come.
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Notes from the Field - Evaluating Your Own Operations Team
25:33
25:33
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25:33We've been in the field on client visits lately and have seen some pretty dramatic changes in quite a few operations teams. Is yours equipped to deliver what you're going to ask them to do in 2025? If not or if you're unsure, you might want to think through a few things that we'll share. And if you're going to lead your own strategic planning sessi…
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Our Advice to New Dentists Entering the Workforce
29:01
29:01
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29:01I was recently asked to be part of a virtual study club of 3rd and 4th year dental students and got the common question of: "What advice would you give someone entering the workforce?" I was actually prepared for it, so I shared 5 key aspects to keep in mind. And if they're going to be asking for them, it's good for you to be thinking about the sam…
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Riding the Lake View Dental Care Roller Coaster to Success!
1:08:00
1:08:00
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1:08:00This is an epic story that needs to be told! Dr. Eric Forte and Dr. Jonathan Hill of Lake View Dental Care take us along as Adin Bradley lends his consulting guidance and Kyle Webster executes a successful exit strategy to an incredible outcome. Buckle up and enjoy the ride!
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Red Teaming for Your Family and Your Business
29:29
29:29
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29:29Hurricane Helene did a massive amount of damage to our state, and many weren’t prepared for it. Perrin walks through his own thought process about a concept called “Red Teaming” and relates it to his family and business. The time to deploy it is “hopefully never.” The time to think about it is “NOW”.…
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Many of you enter the world of entrepreneurism by becoming a healthcare services provider first, but do you ever slow down to think about the greatest gift you've given yourself as an entrepreneur? Well, I recently had the opportunity to share my personal journey out of Corporate America and into the world of becoming an entrepreneur, so I thought …
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Don't you mean 2025?! NO. Why 18 months from now? Tune in to find out my prognostication for the next 18 months regardless of whether you want to sell or expand your business, and for tactical guidance if you want to maximize valuation. And if you're looking to improve your knowledge to become a better, more confident business owner, join us for ou…
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What Does the CEO of a Private Equity-Backed DSO Actually Do?
55:33
55:33
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55:33Many of you are making the transition from clinician to CEO, so you're constantly asking, "What does the CEO of a group practice actually do?" It's a great question in terms of time allocation and making an impact on your business. We created a session around this very topic for our Ascendant Executive program and asked our friend, Mick Janness (CE…
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Perrin's Deep Dive into Associate Equity Q&A from Dr. Jason Tanoory's Podcast
1:05:18
1:05:18
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1:05:18Dr. Jason Tanoory has been a longtime client and friend of Polaris, and now he’s launched his own podcast. Jason runs a highly successful group practice in the Finger Lakes area of NY and is always getting asked about his Associate Equity model. So, he invited me on the show to dive deep into the most common questions he gets. If people are asking …
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Financial Planning 101: Interview with Dentist Advisors' CEO, Matt Mulcock
39:27
39:27
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39:27We were honored to be asked to speak at the First Annual Dentist Advisors' "Money Summit" back in June. their CEO, Matt Mulcock, joins me on the show today to talk about what makes them unique in the space and share some wisdom on how you should approach financial planning. you can learn more about Dentist Advisors at: https://dentistadvisors.com/…
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The World of M&A - It's Not All Gloom and Doom
28:46
28:46
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28:46I've heard the word "somber" from too many people coming out of the Dykema conference last month. So is it all doom and gloom for M&A? NO! I'll tell you what to focus on in today's episode.
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Overcoming Growth Challenges: Interview with Dr. Noel Liu and Adin Bradley
50:16
50:16
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50:16If you ever want to hear an entrepreneur be brutally honest about the highest of highs and the lowest of lows, tune in to today's show as Adin Bradley and I interview Dr. Noel Liu of Secure Dental. This one has it all!
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All of us absolutely love to talk about the goals we have and the businesses we're building, but how often do we think about what we're actually becoming? Sometimes those questions come from odd and obvious places. I'll give you something to hopefully think long and hard about today.
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Is this a "RESET" or a "Return to Normalcy?"
27:08
27:08
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27:08We always get the questions: "So, what's currently happening in the market and what do you think is GOING to happen in the market?" Are we in the middle of a valuation "reset?" Or is this a "return to normalcy?" tune in to find out!
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Pre-Qualifying Your Associates for Partnership
28:52
28:52
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28:52We 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 o…
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Navigating Orthodontic Success: Case Study Interview with Dr. Steve Giannoutsos & Geovane Lemond
1:06:47
1:06:47
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1:06:47Join 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 gu…
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Are You Building a Business That's Built to Last?
40:25
40:25
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40:25We'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…
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Exit Strategy with a Minority Investor? A New Wrinkle in the World of M&A...
45:54
45:54
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45:54We 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 …
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The Role of Chief Clinical Officer with Dr. Andrew Matta (part 2)
42:46
42:46
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42:46It is mission critical to establish the role of Chief Clinical Officer early on in an emerging group for reasons surrounding clinical philosophy, clinical systems, skill development and quality assurance. Yet this is seemingly the most challenging role for many Founders to define. Dr. Andrew Matta literally wrote the clinical playbook as Co-Founder…
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The Role of Chief Clinical Officer with Dr. Andrew Matta (Part 1)
53:13
53:13
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53:13It is mission critical to establish the role of Chief Clinical Officer early on in an emerging group for reasons surrounding clinical philosophy, clinical systems, skill development, and quality assurance. Yet this is seemingly the most challenging role for many Founders to define. Dr. Andrew Matta literally wrote the clinical playbook as Co-Founde…
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Is Dental M&A Really Like "Pulling Teeth?!"
23:51
23:51
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23:51WOW! Sometimes you're given a gift of industry research and we've got TWO of them on the same day. I share some further insights into a report from PitchBook as well as an article from Becker's that validates the entire "Operator versus Aggregator" approach to the last 2+ years. Interested in digging into how we can help your group improve for exit…
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A Deeper Dive into the Pelican Landing Case Study with Adin Bradley
34:06
34:06
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34:06Judging from all of the feedback and website activity, many of you LOVED the Case Study we released on our work with Pelican Landing. I bring our Fractional COO, Adin Bradley back behind the mic to give some further explanation to the work he has done with Drs. Rich and Lacy Gilbert. If you missed the case study, you can find it here: https://polar…
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Competitive Strategy on the FTC Non-Compete Ruling
27:36
27:36
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27:36The recent FTC ruling on Non-Compete Agreements has everyone up in arms - and justifiably so. No one knows where the final outcome will land, or when, but our world will be different. So, I share some guidance around what you need to be doing now to prepare for what's to come. And THANKS to everyone for all of the feedback on last week's "Imposter …
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Is This the Most Debilitating Disease for Entrepreneurs?!
24:53
24:53
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24:53Every evolving entrepreneur goes through periods of complexity and doubt, but some get stopped in their tracks by their own limiting beliefs. Imposter Syndrome is well-known in entrepreneurial circles, so I share my own journey and give you multiple ways to think through your own doubts. And if you are interested in pushing through your own next ph…
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Insights on the FTC Ruling on Non-Compete Agreements with Bart Walker
31:19
31:19
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31:19The recent FTC Ruling on non-competes touched off a powder keg of activity in the legal world that has left businesses of all sorts scrambling. Bart Walker, Partner at McGuireWoods, joins us to dive into what the ruling says and what might happen in the coming months. And we take a dive into how you should be compartmentalizing your time to "protec…
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Enterprise-level Perspective on M&A with Bart Walker of McGuireWoods
30:45
30:45
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30:45"M&A Activity" is always a topic that's in high demand from our audience, but we don't often the get the Buy-Side perspective. Bart Walker, Partner at McGuireWoods lives in that world, so he joins me to dive into everything from trends to prognostications for where we find ourselves. And I take a deep dive into a "Thinking Tool" I use often called …
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The Most Overlooked Leadership "SuperPower"
28:16
28:16
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28:16In today's episode, I dig deep into one specific skill that nobody really considers, but one that usually adds up into viable financial results. I also share a quote from Jack Welch, legendary Chairman and CEO of GE, that distills the essence of what made him such an effective leader. And if you're looking to become a more effective leader for the …
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We're starting to notice 3 positive trends that bode very well for the balance of 2024 and into 2025, and they'll impact you regardless of whether you're intending to exit or intending to grow. Tune in for the details!
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M&A Market Update and Process Details with Kyle Webster
39:47
39:47
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39:47One of our longest tenured employees, Kyle Webster, joins me on the show today to dive deeper into M&A markets as well as the details of due diligence - our side as well as the buy-side! Kyle is a new voice to many of you, but you'll immediately hear why he's such a valuable resource to our clients.
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Sell-Side Due Diligence to Find the Right Partner
26:43
26:43
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26:43By now you've all heard about the lengthy due diligence processes of many buyers due to the tightening credit markets and less margin for error. Have you ever thought about the same due diligence from a seller perspective? If you're contemplating going to market, you should! I bring Diwakar behind the mic once again to share some insights into how …
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There are a lot of people in our audience who are either thinking about creating a group practice or they are very early on in the process. Here's a hint: sometimes creating success is simply avoiding failure early on. I know that's overly simplistic, but it's totally true. On today's episode I break down several key factors critical to success in …
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A Primer on the Current State of Capital Markets
34:04
34:04
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34:04Why are we getting so much interest in debt restructuring and credit facilities when lending rates are so high?! Diwakar joins me on the show today to dive deep into his prognostication for where rates will be as well as how you should be proactively thinking about your current relationship through the next phase of growth of your business.…
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How to Maximize the Value in Your Banking Relationship
39:00
39:00
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39:00The current state of borrowing can be arduous if you're trying to access capital, so maintaining a healthy relationship with your current bank is mission critical. Diwakar joins me on the show today to share some stories and insights into some current client challenges - and how you can avoid them yourself. Looking to learn more ways to effectively…
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Has "the Bubble Burst" in the M&A markets?! Well, judging from some of your reactions to our recent article in Dental Economics, we may need to share some further insights. What about the business and the industry fundamentals? How did we get "here?" And what about how we should think about the future? Tune in!…
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