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Submission declined on 9 December 2022 by
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Last edited by
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Company type | Privately Held Company |
---|---|
Industry | Dental Service Organization |
Founded | 1994 |
Founder | Stephen Thorne IV, CEO |
Headquarters | Irvine, California, U.S. |
Area served | United States |
Services | Manages branded dental practices |
Number of employees | 12,000 [1] |
Website |
www |
Pacific Dental Services (PDS) is a dental support organization (DSO) that provides business and administrative services for dental offices in the United States. [2] It is headquartered in Irvine, California. [2] [3]
According to founder and CEO Stephen Thorne, Pacific Dental Services follows a business model that provides operational practices, procedures, and technology for dental practices.[ citation needed] Its ownership structure allows dentists to own their practices while engaging PDS’s management services. [4]
The Orange County Business Journal listed PDS as one of the fastest-growing companies in Orange County in 2007. [5]. By 2012, the company supported over 300 dental offices across the West Coast. [6] That number grew to 816 offices in 24 states by 2020. [4]
PDS projected that its total revenue would grow to $2 billion by the end of 2020, but due to the COVID-19 pandemic, the company laid off 8,000 of its 13,000 employees, and revenue dipped to $1.6 billion by the end of the year. [1]
In 2021, Moody's Investors Service assigned PDS a B1 CFR bond credit rating, supported by the company's sales growth and expansion while constrained by its history of negative cash flow due to growth investments. [4]
PDS was the first DSO to implement Epic Systems's electronic health record system with dental practices. [7] The patient portal enables patients and providers to access and share information, make appointments, and manage billing. [2] [8] [9]
Various PDS offices use cone beam computed tomography to diagnose conditions. By 2020, 100 PDS-supported offices were using the technology, [10], and by 2022, that number had grown to 365. [7]
PDS is partnered with dental equipment manufacturer Envista to provide imaging and tooth replacement solutions from Nobel Biocare. In 2022, the companies announced a five-year extension to their partnership, upgrading the imaging infrastructure to 3D imaging and adding Spark clear aligners. [11]
In 2021, PDS partnered with the American Diabetes Association to promote awareness of the "Mouth-Body Connection" and the link between periodontal disease and chronic illnesses such as diabetes. [12]
Pacific Dental Services supports Smile Generation, a referral service that connects patients with PDS dentists in the United States and provides financing options. [13]
Smile Generation partners with the Pacific Dental Services Foundation, a non-profit 501(c)(3) organization, on various charity and community service events to help provide dental care to underserved populations. [14] [15] Charity events have included free service days with affiliate practices and fundraising campaigns with the Special Olympics, KaBOOM! and charity: water. [16] [17]
PDS has been listed as one of Orange County’s “Companies That Care” by the Orange County Business Journal. [18]
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