Aspen Dental's Practice Ownership Program Marks 20 Years
Celebrating Two Decades of Empowering Dentists
The Practice Ownership Program has been a cornerstone of Aspen Dental's proven model, fueling the entrepreneurial spirit of clinicians since its inception. Founded in 2004, this program has significantly shaped the dental landscape by enabling dentists to own and operate their own practices successfully.
A Milestone for Aspen Dental
Aspen Dental is proudly marking the 20th anniversary of its Practice Ownership Program (POP). This innovative model puts power in the hands of dentists, equipping them with a clear and structured path towards owning their practices. By providing extensive support with the non-clinical side of business management, dentists can focus primarily on what they do best: providing exceptional care for their patients.
Reflections from Leadership
"Launching the Practice Ownership Program back in 2004 was pivotal for Aspen Dental," shares Bob Fontana, chairman and CEO of TAG – The Aspen Group. He notes how essential it was to create a framework that met the needs of dental practitioners and allowed them to realize their long-term goals. Over the years, it has been inspiring to see numerous dentists transition from associates to owners and expand into multi-practice ownership, showcasing the program’s effectiveness.
Growth and Community
Aspen Dental has established itself as a leader in the dental sector for over 25 years. With the number of practice owners within the network more than doubling in the last decade, the current count stands at 277 Aspen Dental practice owners and 137 partners. This expansion reflects the growing interest and success of the Practice Ownership Program. Back in 2014, the number of practice owners was just 85, illustrating remarkable growth and opportunity for clinicians.
Success Stories from Practice Owners
Dr. Iswara Parvathaneni, one of the pioneering practice owners, recounts his journey. Initially uncertain about the prospect of ownership, the support he received was invaluable. Dr. Parvathaneni operates seven locations and emphasizes the benefits of being backed by a team of experts who manage the administrative aspects, letting him concentrate on patient care. His story is just one of many that illustrate the program's profound impact on the lives of dental professionals.
Mentorship and Growth
Practice owners have also taken on the role of mentors, guiding the next generation of dental professionals. At a recent Leadership Retreat, Aspen Dental commemorated the program's anniversary with heartfelt letters from mentees expressing gratitude towards their mentors. These letters showcased the invaluable support and community created through the program.
The Power of Mentorship
In one letter, Dr. Neelam Attri praised her mentor, Dr. Shekhar Gupta, for nurturing her skills and offering guidance that led to her becoming a partner doctor. Dr. Tirzah Elliot echoed similar sentiments about her journey with Dr. Jere Gillan, highlighting how true mentorship transcends the professional realm and builds lasting relationships.
Commitment to Excellence
Aspen Dental’s underlying commitment to promoting the professional growth of dentists is evident in every aspect of the Practice Ownership Program. As the celebration of its 20-year legacy continues, Aspen Dental remains focused on empowering more dentists to assume ownership roles, thus enhancing the quality of care provided to patients nationwide.
Frequently Asked Questions
What is the Practice Ownership Program?
The Practice Ownership Program offered by Aspen Dental enables dentists to own and run their practices with substantial support for non-clinical operations.
How has the number of practice owners changed in the last decade?
The number of practice owners in the Aspen Dental network has more than doubled in the past ten years, reflecting the success of the program.
Who founded Aspen Dental, and when?
Aspen Dental was founded in 1998 by Bob Fontana, focusing on improving access to dental care for both doctors and patients.
What support do practice owners receive from Aspen Dental?
Practice owners receive comprehensive support in administrative and business management, allowing them to focus primarily on clinical care.
How does mentorship play a role in the Practice Ownership Program?
Mentorship is a crucial component, with established practice owners guiding and supporting newer dentists, fostering a sense of community and professional growth.
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