In this installment of The Golden Age of Orthodontics, we are excited to visit with Dr. Glenn Krieger, founder of the Orthopreneurs Facebook group. This group boasts over 6,000 members to date. What are the pros and cons of a DSO and an OSO? How are they structured, and who should consider joining? He has invaluable insight into partnering with another doctor in your practice. Don’t miss this informative episode. Why? Because there’s never been a better time to be an orthodontist!

 

IN THIS EPISODE:

• [01:12] Introduction of People and Practice hosts and Dr. Krieger
• [05:01] Dr. Krieger explains the conception of the Orthopreneurs Facebook group
• [09:02]Dr. Krieger delves into what an OSO is, how it operates and who should consider joining
• [14:39] What are the pros and cons of a DSO and an OSO, and how may they benefit a new graduate
• [22:20] Dr. Leon mentions there is another side to consider, and Amy and Dr. Krieger discuss the value of community
• [28:19] Dr. Krieger answers questions from a listener about partnering with another doctor
• [38:55] Dr. Krieger reveals what he would be if he weren’t an orthodontist

 

KEY TAKEAWAYS: 

• There are some naysayers regarding joining an OSO; however, often, they have not done their research.
• One benefit of an OSO is that you are only grouped with successful practices.
• Choosing a partner for your orthodontic practice is a crucial decision that significantly impacts your practice's future.

RESOURCE LINKS

People + Practice  - Website

Dr. Leon Klempner - Email

Orthopreneurs Podcast with Dr. Glenn Krieger

Dr. Glenn Krieger - Facebook

Dr. Glenn Krieger - Email

 

BIO: Dr. Glenn Krieger

Since graduating from dental school in 1992, Dr. Krieger has been committed to staying on top of the newest and most innovative aspects of dentistry. A fellow of the Academy of General Dentistry and a practicing orthodontist, Dr. Krieger understands the challenges faced by clinicians on a day-to-day basis. Dr. Krieger is an Invisalign Diamond Plus provider. With the arrival of digital technology in the photographic world, Dr. Krieger merged his knowledge of traditional photographic techniques with the advantages of digital cameras. The result was the revolutionary “Digital Co-Diagnosis” process, where patients play a much larger role in their dental health choices through better education.

Dr. Krieger has worked with numerous consultants and has spent hundreds of hours in business training, including “The Dentist as CEO,” a year-long course at the prestigious University of Washington Business School and another full year at the Schuster Center for Professional Development in Scottsdale, Arizona. Dr. Krieger has presented to tens of thousands of dentists worldwide and has been published in textbooks and dental periodicals. He has created two DVDs to assist dentists with clinical photography and has designed a revolutionary set of mirrors and retractors to assist with image capture.

He is also the founder of Orthopreneurs, a vibrant community of orthodontic entrepreneurs. Dr. Krieger established Orthopreneurs to help orthodontic practice owners come together to crowdsource solutions to common business problems like HR, marketing, leadership, management, training, IT, and other issues.

 

QUOTES: 

“The key to understanding an OSO is; they want to acquire good practices. They don't want to acquire you when you're six months out of residency. And if your practice is decreasing in value, this is not an exit strategy for a doctor looking to retire. Think about it as if you were looking to buy an ortho practice.” - Dr. Glenn Krieger

“Smile Doctors have a Rising Stars program, where they take a young associate and mentor them and teach them management, leadership and try to make them the best they can be. The hope is that these people will stay for long periods because it's a safe, enjoyable, lucrative and rewarding place to be.” - Dr. Glenn Krieger