If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process. Practice Acquisition Director Full Time Chicago, IL, US4 days ago Requisition ID: 8505
Salary Range: $200,000.00 To $275,000.00 Annually
Who Are We: Dental Dreams is a dynamic, growing company with offices in Illinois, Massachusetts, Pennsylvania, Maryland, Virginia, New Mexico, South Carolina, California, Michigan, and Washington, DC. Its mission is to provide high-quality dental services in first-class facilities to people in underserved communities. Our offices offer an invaluable service by delivering the highest patient satisfaction in modern first-class facilities. The cornerstone of our success is talented and dedicated staff.
Position Summary: We are seeking an experienced, entrepreneurial Practice Acquisition Directorto lead the identification, development, negotiation, and execution of acquisitions ofdental practices serving Medicaid and underserved patient populations .The Practice Acquisition Director will be responsible for building a high-quality acquisition pipeline, developing relationships with dentists and practice owners, evaluating potential acquisition targets, and leading opportunities from initial outreach through closing. The ideal candidate combinespractice acquisition and business development experiencewith a strong understanding ofMedicaid practice economics, owner motivations, and the operational dynamics of high-volume practices. This is a highly relationship-driven role requiring a strong"hunter" mentality, financial acumen, excellent communication skills, and the ability to establish credibility with dentists and practice owners.
Key Responsibilities: Develop strategies to engage dentists and owners who may not currently be considering a sale. Develop and execute a comprehensive acquisition strategy focused on Medicaid-serving dental practices. Identify attractive geographic markets based on Medicaid enrollment, dental access, competitive landscape, provider availability, and market growth potential. Identify opportunities through direct owner outreach, referrals, dental industry relationships, brokers, advisors, associations, and other channels. Conduct preliminary financial and operational assessments of potential acquisition targets. Prepare preliminary valuations, transaction models, and acquisition recommendations in partnership with finance and executive leadership. Coordinate closely with finance, legal, clinical, operations, HR, compliance, and other internal teams. Support negotiations involving purchase price, rollover equity, earn-outs, employment agreements, partnership structures, retention arrangements, and other transaction terms. Identify potential transaction risks and develop strategies to address them. Develop relationships with dentists and practices that have established reputations within Medicaid communities.
Qualifications: Required 7+ years of experience in practice acquisitions, dental business development, DSO development, healthcare M&A, dental practice management, or a related field. Demonstrated success sourcing and developing healthcare practice acquisition opportunities. Strong understanding of practice operations and economics. Experience with dental/healthcare practices. Strong financial and analytical capabilities, including understanding of dental practice P&Ls, production, collections, EBITDA, and valuation. Demonstrated negotiation and transaction-management skills. Ability to independently build and manage a large acquisition pipeline. Willingness to travel regularly to meet dental practice owners and acquisition targets.
Preferred:
  • Experience completing dental practice acquisitions from initial sourcing through closing.
  • Experience working within or alongside a DSO.Compensation
  • Competitive base salary plus an attractive performance-based incentive structure tied to acquisition sourcing, qualified opportunities, LOI execution, and successful transaction closings.
Travel: Regular travel is expected to meet dental practice owners, dentists, brokers, and other stakeholders. Travel requirements will vary based on the organization's geographic acquisition strategy.

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2 days ago

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