The use of Dental Support Organizations (DSOs) is becoming more and more noticeable in the dental sphere. But they are usually accompanied by many myths. Most people have a wrong idea about how DSOs operate. These myths can blur the benefits of DSOs. In this blog, we will be uncovering the top five myths about DSOs. And providing the distinction between the facts and myth which will help one have a better understanding of their roles in modern dental practice.
Myth 1:
DSOs take decisions from doctors, from appointing staff to clinical matters.
Fact: Only time will tell whether you’ll be an excellent practitioner or not. But now that we work together, you can retain your clinical freedom. And, hence, you will not be restricted when taking decisions on business issues. Our Specialized Dental team ensures that practice culture is not only preserved but is also better through the retention of staff and the original opinion of the company. Our business services are aimed at supporting and making your practice efficient. Hence, you should have enough time to focus on being an ideal patient care provider.
Myth 2:
When a PE-backed DSO decides to have a recap event, they cannot have the same event again.
Fact: A dedicated dental association with a finance investor called (PE) went through a process that would be referred to as a recap event or equity event. Following our success event in the fall of 2021, our partners have maintained and supported us with 99% success as well as a commitment to the growth of Specialized Dental. We are highly reliable in the market; therefore, we are likely to get new investors, and this would, in the end, lead to our further recapitalization.
Myth 3:
Working for a DSO means doctors are overworked and underpaid because the “corporate” sector does not really show any concern for them.
Fact: As for the Specialized Dental Partnerships, we prefer the balanced approach, taking into account both professional satisfaction and economic advantage. We give our doctors the best practices, resources, and best plate of an automated process that even allows them to work in an efficient way. The majority of our doctors actually work less and make more money and at the same time provide the best quality of patient care.
Myth 4:
DSOs are said to make doctors alter their business names and/or liquidate their local branding.
Fact: We value the joy you have constructed in setting up your business at Specialized Dental. We are concerned about it and make it work by keeping your team in one piece and enriching your unique identity. As the trustee or shareholder of a titled corporation, engagement with Specialized Dental will mean that you are operating under the name you always have. Which will in turn enable you to enhance the name and the trust that comes with it in your community. It is a friendly environment which allows you to stretch yourself out without any need to change your name.
Myth 5:
DSOs, perhaps, require that the physicians buy cheaper and the physicians have been obliged to treat the patient with cheaper equipment.
Fact: We are not only the frontiers in all the other areas. But, for instance, you may have control over the necessary tools and procedures to succeed. Therefore, we are your right hand when it comes to buying the correct instruments and technologies. Being in our clinics has given you 100% clinical autonomy. Since we do not dictate any formulas for our doctors. You have, thus, the freedom to choose the equipment and supplies which are in line with your care standards. We give you access to the products you would like to use. Hence, you can provide the best treatment to your patients.
Conclusion
Debunking myths about Dental Service Organizations (DSOs) is one of the main reasons why dental professionals and patients should know the correct roles and benefits. It is not very easy to understand the purpose of DSOs. But they are actually very important because they give dentists enough freedom. To direct their practices and handle the administrative work alone without any problems because they deal with these tasks themselves.
They contribute to their own growth and at the same time, give them peace of mind. Myths like DSOs damaging quality or taking over clinical decisions have no truth in it. Therefore, it will be possible to enhance the efficiency of the business. They may also improve the patient care which will be advantageous to dentists.
FAQs
What is a DSO?
DSO stands for Dental Service Organization, it is a gizmo that gives business support to dental practices. This enables dentists to provide patient care and the DSO to perform tasks like marketing and legal compliance in the administrative department.
Do dentists lose independence when they join a DSO?
Not at all. Dentists are still the boss when it comes to clinical decisions. DSOs on the other hand; do all the work not related to patient care such as scheduling and marketing which in turn gives the dentist more time to work smarter and harder in the profession.
Think you know everything about Dental Service Organizations (DSOs)? Think again! Don’t let myths hold you back—get the facts from a trusted DSO recruitment consultancy and uncover the truth behind the top 5 DSO misconceptions.
