Pacific Dental Services Explained

Pacific Dental Services
Type:Privately Held Company
Area Served:United States
Industry:Dental Service Organization
Founder:Stephen Thorne IV, CEO
Location:Irvine, California, U.S.
Services:Manages branded dental practices
Num Employees:12,000

Pacific Dental Services (PDS) is a dental support organization (DSO) that provides business and administrative services for dental offices in the United States.[1] It is headquartered in Irvine, California.[2]

According to founder and CEO Stephen Thorne, Pacific Dental Services follows a business model that provides operational practices, procedures, and technology for dental practices. Its ownership structure allows dentists to own their practices while engaging PDS’s management services.

History

The Orange County Business Journal listed PDS as one of the fastest-growing companies in Orange County in 2007.[3] By 2012, the company supported over 300 dental offices across the West Coast.[4] That number grew to 816 offices in 24 states by 2020.

PDS projected that its total revenue would grow to $2 billion by the end of 2020, but due to the COVID-19 pandemic, the company laid off 8,000 of its 13,000 employees, and revenue dipped to $1.6 billion by the end of the year.[5]

In 2021, Moody's Investors Service assigned PDS a B1 CFR bond credit rating, supported by the company's sales growth and expansion while constrained by its history of negative cash flow due to growth investments.[6]

Technology

PDS was the first DSO to implement Epic Systems's electronic health record system with dental practices.[7] The patient portal enables patients and providers to access and share information, make appointments, and manage billing.[8] [9]

Various PDS offices use cone beam computed tomography to diagnose conditions. By 2020, 100 PDS-supported offices were using the technology,[10] and by 2022, that number had grown to 365.

Partnerships

PDS is partnered with dental equipment manufacturer Envista to provide imaging and tooth replacement solutions from Nobel Biocare. In 2022, the companies announced a five-year extension to their partnership, upgrading the imaging infrastructure to 3D imaging and adding Spark clear aligners.[11]

In 2021, PDS partnered with the American Diabetes Association to promote awareness of the "Mouth-Body Connection" and the link between periodontal disease and chronic illnesses such as diabetes.[12]

Smile Generation

Pacific Dental Services supports Smile Generation, a referral service that connects patients with PDS dentists in the United States and provides financing options.[13]

Charity

Smile Generation partners with the Pacific Dental Services Foundation, a non-profit 501(c)(3) organization, on various charity and community service events to help provide dental care to underserved populations.[14] [15] Charity events have included free service days with affiliate practices and fundraising campaigns with the Special Olympics, KaBOOM! and .[16] [17]

PDS has been listed as one of Orange County’s “Companies That Care” by the Orange County Business Journal.[18]

Notes and References

  1. Web site: Frederick Jerrant . Michael Williamson Amplifies Care Through PDS's Values . American Healthcare Leader . 2024-05-07 . 2020-09-28.
  2. Web site: Pacific Dental Services Inc - Company Profile . Bloomberg . 2024-05-07.
  3. Web site: Fastest growing OC companies named . Jan Norman . 2007-09-25 . Orange County Register. 2022-11-29.
  4. Web site: Irvine dentist referral service brings smiles to community . . 2012-08-02 . Orange County Register. 2022-11-29.
  5. Web site: Stephen Thorne: Pioneering the New Dental Industry Standard. Peter J. Brennen . 2022-06-06 . Orange County Business Journal. 2022-12-06.
  6. Web site: Pacific Dental Services, LLC -- Moody's assigns B1 CFR to Pacific Dental Services, LLC; outlook stable . . 2021-04-06 . Yahoo! . 2022-12-09.
  7. Web site: Group Dentistry Now . Pacific Dental Services Launches One-Of-A-Kind Dental-Medical Practice In Support Of Whole-Body Health . Group Dentistry Now . 2024-05-08 . 2021-08-17.
  8. Web site: A Very Noteworthy Healthcare Collaboration . Steve Forbes . 2022-08-18 . Forbes. 2022-11-29.
  9. Web site: David Burger . Medical-dental integration emphasizes mouth-body connection . ADA News . 2024-05-08 . 2022-10-21.
  10. Web site: Pacific Dental Services implants imaging tool in 100 practices . Carly Behm . 2020-12-28 . Becker's Dental + DSO Review . 2022-11-29.
  11. Web site: Envista expands partnership with Pacific Dental Services . Dulan Lokuwithhana . 2022-01-31 . Seeking Alpha. 2022-11-29.
  12. Web site: Pacific Dental Services and American Diabetes Association Partner To Increase Awareness of the Link Between Oral Health and Diabetes . American Diabetes Association . 2024-05-08 . 2021-11-18.
  13. Web site: Sara Cardine . Costa Mesa dentist donates care on service day, filling teeth and gaps in healthcare access . Los Angeles Times Daily Pilot . 2024-05-08 . 2023-08-30.
  14. Web site: Pacific Dental Services Gives People More Reason to Smile . . 2021-12-13 . Orange County Business Journal . 2022-11-29.
  15. Web site: About PDS Foundation . Smile Generation . 2024-05-08.
  16. Web site: Allison Childers . Smile drive underway to provide free dental care for Special Olympic athletes . WAFB Channel 9 . 2024-05-08 . 2018-03-19.
  17. Web site: Lauren Martinez . Las Vegas dentists donate dental services to those in need . Fox 5 KVVU . 2024-05-08 . 2022-08-23.
  18. Web site: Sumer Bowles . Companies That Care 2023 . Orange County Business Journal . 2024-05-08 . 2023-12-18.