Implementing a Smooth Succession Plan in Dental Practices with Ryan McCostlin, Founder and CEO of Tailwater
March 7, 2024
In this episode of The Dental Economist Show, host Mike Huffaker is joined by Ryan McCostlin, Founder and CEO of Tailwater. Join them as they discuss prioritizing patient care over financial decisions, creating a positive culture within practices, and key performance indicators used to assess success.
In this episode of The Dental Economist Show, host Mike Huffaker is joined by Ryan McCostlin, Founder and CEO of Tailwater.
Join them as they:
- Discuss prioritizing patient care over financial decisions
- Explore how to create a positive culture within practices
- Highlight key performance indicators used to assess success
- Talk about approaches to buying dental practices
- Consider setting up the team for success during transitions
And much more!
Ryan McCostlin is the Founder and CEO of Tailwater, who buys a majority stake in dental practices and then provides the non-clinical management, marketing, HR, IT, and accounting services. Tailwater makes it their mission to “help dentists create the best careers in dentistry”. He is also currently a partner with The Nashton Company and a faculty member of the Tennessee Bar Association.
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Episode Highlights:
07:30 - 09:20 - Enabling a Positive Culture
09:44 - 10:36 - Benefits of Being Acquired
10:58 - 12:43 - Implementing a Succession Plan
12:56 - 13:59 - Overcoming Industry Challenges
16:23 - 18:16 - Facilitating Synergy Between Practices
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