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Orthodontic Partners

healthcare
PE-OWNED

Orthodontic practice management and support services company.

PE-OWNED

Acquired by Leonard Green & Partners2019-01-29

View PE Firm Profile

What Made It Great

Platform for consolidating independent orthodontic practices

What PE Will Likely Do

Orthodontic care quality will decline, with shorter appointment times, higher patient loads, and deferred equipment maintenance

HIGH LIKELIHOODBased on: Leonard Green & Partners' track record of cost-cutting, debt-loading, and brand value extraction in acquired companies

Orthodontic service offerings will be reduced, with fewer specialized treatments and services like oral surgery or TMJ therapy

HIGH LIKELIHOODBased on: The healthcare industry playbook of common PE tactics, including staffing reductions, billing upcoding, and service line cuts

Orthodontic practices will experience higher staff turnover as experienced orthodontists and nurses are replaced with less qualified personnel

HIGH LIKELIHOODBased on: The history of similar PE-backed acquisitions in the retail and healthcare sectors leading to bankruptcy or severe service declines

Billing practices will become more aggressive, with upcoding of procedures and diagnosis to maximize reimbursements

HIGH LIKELIHOODBased on: The history of similar PE-backed acquisitions in the retail and healthcare sectors leading to bankruptcy or severe service declines

Expected Timeline

0-6 monthsCompleted

0 to 6 months months

Cosmetic changes to Orthodontic Partners' branding, leadership shuffles, and 'efficiency' announcements

6-12 monthsYOU ARE HERE

6 to 12 months months

Gradual staffing cuts begin, with experienced orthodontists and nurses replaced by less qualified personnel

12-24 months

12 to 24 months months

Noticeable declines in service quality, with longer wait times, rushed appointments, and fewer specialized treatments

24-36 months

24 to 36 months months

Major issues emerge, such as clinic closures, quality scandals, and patient complaints about declining care

36+ months

36+ months months

Potential bankruptcy, fire sale to another operator, or continued degradation of Orthodontic Partners' services

Similar Cases

Other companies that followed a similar path after PE acquisition

What You Can Do

Actions

  • Be vigilant for any changes in your orthodontist's care quality, staff, or service offerings

  • Consider seeking care from independent orthodontists not affiliated with Orthodontic Partners

  • Advocate for your local community to support and maintain high-quality, affordable orthodontic care

Alternatives

Non-profit health systemsSAFE

Community-focused healthcare

Kaiser PermanenteSAFE

Integrated managed care consortium

Share this company's PE status

"Orthodontic Partners is now PE-owned. Here's what that means for you."