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called consolidators I believe. It's pretty genius.

Entire model is about buying dental practices with cash, profit share with the dentists and then do all back-office work with economy of scale.

Pocket any efficiency gains and reinvest in more dentists, rinse and repeat.

I think this model might be a huge opportunity in Mexico.

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Bad for the patients though because "efficiency gains" usually translates to "give patients expensive treatment they don't actually need"

Less bad if you add some nuance. Some dental procedures are “you might not need this right now” or cosmetic. There are bad incentives that can be at play for sure - but procedures aren’t a clear line of “necessary”/“not necessary”.

Many of them are, though. I suggest you read this article: https://www.rd.com/article/how-honest-are-dentists/

Thanks for sharing that. Good read. Everyone who reads it should know upfront though, that the article was published in 1997. I didn't notice until the end.

So multiply all of those prices by >2.5x to account for the inflation of costs.

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