Dental partnership programme
Denplan has today announced the launch of a new dental partnership funding programme which will see the company enter a partnership with individual dental practices.
This strategic opportunity will see Denplan strengthen its support, investment and involvement for its member dentists and in the future of private, preventive dentistry, ensuring that Denplan continues to provide the widest possible level of support to its member dentists.
Denplan will initially pilot the partnership programme with five Denplan member practices, acquiring a 50 per cent equity stake in the practice and becoming an equal partner, with the dentist retaining full clinical management of the practice. The equity stake that Denplan will acquire of these practices will be set up as a ring-fenced Denplan company. The new company – Denplan Partnerships Limited – will operate separately from Denplan to ensure that there is no potential for any conflicts of interest to arise.
Steve Gates, Managing Director of Denplan, commented: “Our strategy in launching a new partnership programme has been led by Denplan’s member dentists as it has become clear that for many of them, succession planning and retirement is an area that is taking an increasingly high priority. By piloting a new partnership programme, we believe that Denplan can play an active role in supporting succession planning for those individual dentists who are considering their clinical and financial future through to retirement.
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