Smile Source has announced the acquisition of Profitable PPOs, a nationally recognized leader in PPO strategy and insurance solutions for independent dental practices.
The financial terms of the transition were not disclosed. This acquisition marks Smile Source’s second strategic acquisition in the past 14 months. By adding specialized PPO expertise to its growing ecosystem of business solutions, Smile Source continues to expand the resources available to support the long-term success of private practice dentistry.
Profitable PPOs helps practices maximize profitability through PPO analysis, fee negotiation, credentialing, and financial modeling.
“To succeed in private practice today, dentists need more than a list of PPO contracts. They need a thoughtful PPO strategy,” said Dr. Barrett Straub, CEO of Smile Source.
Clint Johnson, CEO of Profitable PPOs, said: “Our work is about helping dental practice owners understand their options, make informed decisions, and participate more profitably with insurance. Joining Smile Source creates an opportunity to extend that mission while preserving the specialized expertise and service our clients value.”
More than 5,000 digital health startups have been acquired to date, according to our latest M&A database. More recently, Acentra Health, a healthcare technology solutions company, has announced the acquisition of FEI Systems, a provider of healthcare information technology solutions for federal, state, and local health and human services agencies.