Mike Baird on Creating a Dental Ecosystem by Dentists, for Dentists

In the latest episode of The Dental Economist Show, host Mike Huffaker brings on Mike Baird, Founder and CEO of Accelerate Dental, for an in-depth look at building a dental ecosystem by dentists and for dentists. Together, they explore how Accelerate Dental is rethinking ownership stakes for dentists, their use of the perpetual model and their unique approach in creating partnerships within the world of dentistry. This conversation shines a light on the shifts that challenge the traditional operation of DSOs, and how this enhances the experience for patients and dentists, every step of the way. If you’re keen on exploring a disruptive business model that can reshape the dental business, providing dentists and practitioners with new possibilities in the future, this episode is for you!

On the latest episode of The Dental Economist Show, host Mike Huffaker welcomes Founder and CEO of Accelerate Dental, Mike Baird - a serial entrepreneur and visionary leader with a remarkable track record of building and scaling transformative businesses in healthcare and technology. Through the engaging discussion, they cover eye-opening insights on:

Why the dental ecosystem needs an overhaul, with dentists leading the charge
How the ‘Perpetual Model’ can encourage higher levels of ownership and participation from dentists
Increasing majority ownership, facilitating a shift towards dentist-first businesses
The intersection of technology and dentistry, and how it will revolutionize patient care in the near future

If you’re looking for fresh perspectives and actionable ways to challenge the traditional DSO model and reimagine the future for dentists and patients alike, tune into this episode!

Episode Highlights:

1:18 - 10:55 - Choosing Dentistry & Reimagining the Industry

Mike Baird discusses how his tech background played into his choice of venturing out into the dentistry industry, why the space is “simple but not easy” and the importance of creating partnerships with a dentist-first approach.

10:56 - 27:49 - The Perpetual Model and Autonomy in Work

Rethinking partnerships in the dental business requires fresh perspective and a radical approach. According to Mike Baird, that approach is giving dentists complete autonomy, changing majority stakes in DSOs, and implementing the ‘Perpetual Model’.

28:17 - 38:13 - Leadership by Influence & The Culture Quotient

Crafting a culture to encourage leadership can elevate the day-to-day operations, enhancing patient care and the dentistry experience overall. There are certain culture codes, backed by strategy that must be followed in order to create long-standing partnerships that are beneficial for all parties.

38:15 - 48:25 - Scaling for Success & Using Technology

Technology is here to revolutionize dental businesses in the near future - from billing to patient care, dentists have the opportunity to take their practices to the next level.

The future of dentistry is changing—are you ready? Tune in as Mike Baird shares expert strategies for success in the industry. Don’t forget to subscribe and join the conversation!