Selling your practice?
Portman Healthcare is not a corporate. Not in the sense it has come to represent.
Overarching bureaucracy, strict operating obligations and accountants running practices.
We think of ourselves as a group of practices. As a group we draw on the advice and the experience of the highly experienced dentists working with us. This allows us to provide the highest quality of private dental care in modern well equipped and well run practices.
These practices are managed by local management with the individual practices supported by a central office team. We aim to remove the administrative burden from the dental team while maintaining continuity in the way patients are treated.
To provide continuity of patient care we only buy practices where the Principal is looking to continue to provide dental care.
We don’t have a rigid acquisition structure because each acquisition is as individual as the practice. We tailor an agreement based on how much or little involvement you want in the future and the requirements of the practice. Then by investing in both the facilities and through marketing we help optimise the performance of the practice, and grow the goodwill value.
What is the reality of the Portman model?
We’ve found in our practices that this innovative approach to acquisitions has been a really effective way of allowing principals to:
Secure their exit route and percentage of goodwill while continuing to benefit from the growth of the practice.
Continue to have input into their practice but with less responsibility and financial risk (and with the support of a professional management team).
Reduce the administrative burden of staff and accounting so the principals not only have more time outside of dentistry but also more time for the actual dentistry with the result that the practice grows significantly.
The Portman family is growing through selectively acquiring practices where the dentists and the practice philosophy fits this image.
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Frequently Asked Questions Q&As
For more information please contact:
Gary Chapman
07966 698 130
