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Research Article| Volume 28, ISSUE 1, P37-42, March 2022

Opportunities in the evolving orthodontic industry–digital processes, teledentistry and group practices

  • Author Footnotes
    1 Chris Bentson is a partner of Bentson Copple & Associates, LLC, based in Greensboro, North Carolina. The company serves the orthodontic community by performing practice valuations, providing doctor placement services, and negotiating transactions with both buyers and sellers. He spends much of his time working within the orthodontic industry; he currently serves as a committee member for the AAOFTT (American Association of Orthodontists’ Future Think Tank), an advisory committee member for The AAO Bulletin, an advisory board member for Ortho4D, and board member of the AAOF (American Association of Orthodontists Foundation). In addition, he is a frequent guest lecturer at AAO meetings, regional orthodontic society meetings, orthodontic resident programs, study clubs, and orthodontic user meetings. Chris has authored dozens of articles published on the business of orthodontics in numerous orthodontic trade publications. Chris has personally visited over one thousand orthodontic practices in the United States, Canada, and Australia during his career.
    Chris Bentson
    Footnotes
    1 Chris Bentson is a partner of Bentson Copple & Associates, LLC, based in Greensboro, North Carolina. The company serves the orthodontic community by performing practice valuations, providing doctor placement services, and negotiating transactions with both buyers and sellers. He spends much of his time working within the orthodontic industry; he currently serves as a committee member for the AAOFTT (American Association of Orthodontists’ Future Think Tank), an advisory committee member for The AAO Bulletin, an advisory board member for Ortho4D, and board member of the AAOF (American Association of Orthodontists Foundation). In addition, he is a frequent guest lecturer at AAO meetings, regional orthodontic society meetings, orthodontic resident programs, study clubs, and orthodontic user meetings. Chris has authored dozens of articles published on the business of orthodontics in numerous orthodontic trade publications. Chris has personally visited over one thousand orthodontic practices in the United States, Canada, and Australia during his career.
    Affiliations
    Bentson Copple & Associates, LLC, Greensboro, North Carolina
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  • Author Footnotes
    2 Doug Copple is a partner at Bentson Copple & Associates, LLC. He graduated from Appalachian State University where he earned his Bachelor of Science in Business Administration (BSBA) and Master of Science (MS) degree in Accounting. Prior to working with Bentson Copple & Associates, he worked with the national accounting firms Ernst & Young, LLP and KPMG, LLP. Doug is a Certified Valuation Analyst (CVA) and a member of the National Association of Certified Valuation Analysts (NACVA). Doug ensures that the firm's clients are provided with valuation reports of the highest quality that adhere to industry standards. He and his team also represent doctors in buy-outs and partnership transactions to create a transition plan that meets the doctors’ financial goals through the most tax-efficient operating structures. His goal at Bentson Copple & Associates is to provide shorter negotiation cycles and stronger assurance of deals reaching completion.
    Doug Copple
    Correspondence
    Corresponding author.
    Footnotes
    2 Doug Copple is a partner at Bentson Copple & Associates, LLC. He graduated from Appalachian State University where he earned his Bachelor of Science in Business Administration (BSBA) and Master of Science (MS) degree in Accounting. Prior to working with Bentson Copple & Associates, he worked with the national accounting firms Ernst & Young, LLP and KPMG, LLP. Doug is a Certified Valuation Analyst (CVA) and a member of the National Association of Certified Valuation Analysts (NACVA). Doug ensures that the firm's clients are provided with valuation reports of the highest quality that adhere to industry standards. He and his team also represent doctors in buy-outs and partnership transactions to create a transition plan that meets the doctors’ financial goals through the most tax-efficient operating structures. His goal at Bentson Copple & Associates is to provide shorter negotiation cycles and stronger assurance of deals reaching completion.
    Affiliations
    Bentson Copple & Associates, LLC, Greensboro, North Carolina
    Search for articles by this author
  • Author Footnotes
    1 Chris Bentson is a partner of Bentson Copple & Associates, LLC, based in Greensboro, North Carolina. The company serves the orthodontic community by performing practice valuations, providing doctor placement services, and negotiating transactions with both buyers and sellers. He spends much of his time working within the orthodontic industry; he currently serves as a committee member for the AAOFTT (American Association of Orthodontists’ Future Think Tank), an advisory committee member for The AAO Bulletin, an advisory board member for Ortho4D, and board member of the AAOF (American Association of Orthodontists Foundation). In addition, he is a frequent guest lecturer at AAO meetings, regional orthodontic society meetings, orthodontic resident programs, study clubs, and orthodontic user meetings. Chris has authored dozens of articles published on the business of orthodontics in numerous orthodontic trade publications. Chris has personally visited over one thousand orthodontic practices in the United States, Canada, and Australia during his career.
    2 Doug Copple is a partner at Bentson Copple & Associates, LLC. He graduated from Appalachian State University where he earned his Bachelor of Science in Business Administration (BSBA) and Master of Science (MS) degree in Accounting. Prior to working with Bentson Copple & Associates, he worked with the national accounting firms Ernst & Young, LLP and KPMG, LLP. Doug is a Certified Valuation Analyst (CVA) and a member of the National Association of Certified Valuation Analysts (NACVA). Doug ensures that the firm's clients are provided with valuation reports of the highest quality that adhere to industry standards. He and his team also represent doctors in buy-outs and partnership transactions to create a transition plan that meets the doctors’ financial goals through the most tax-efficient operating structures. His goal at Bentson Copple & Associates is to provide shorter negotiation cycles and stronger assurance of deals reaching completion.
Published:March 20, 2022DOI:https://doi.org/10.1053/j.sodo.2022.02.008

      Abstract

      The orthodontic industry, like all industries, has undergone significant changes and technological advancements in the last decade. Although these changes present challenges and require adaptation, they also allow for additional, more efficient service offerings to patients and additional opportunities and pathways for orthodontic associates and owners. This article discusses some of the more significant trends, including the continuing and accelerating conversion from analog to digital processes, increasing use of teledentistry technologies, and the continued growth of group practices and corporate orthodontics.
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