"Empowering the team empowers the organization"

Become a Five-Point Dental Specialists (FPDS) partner. Five Point Dental Specialists CEO Jeremy Lustig states, "We'll help you reach your potential by developing your practice in a sustainable manner." Five Point Dental supports Orthodontists, Oral Surgeons, Pediatric Dentists, as well as other dental specialists. They help you reinvest in your practice’s future allowing you to concentrate on your clinical practice to reach your goals. Their seasoned management encourages innovation and growth, and their personalized processes are efficient and patient centric.

Jeremy has always set lofty goals and isn't hesitant to try new things. He's a entrepreneur at heart, a motivator who empowers team members to use the skills they possess at the highest level. He believes that the collective power of the team can accomplish much more than the individual.

As stated by Jeremy, Five Point Dental Specialists is one of the fastest growing multispecialty dental support organizations in the US. They boast some of the best margins in the industry and continue to grow both organically and by acquisition. Our support team, based in Fort Worth, Texas, is very hands-on and develops unique personal relationships with our partner doctors and their team. Jeremy says that the model they've developed incorporates a variety of favorable practices within the industry that haven’t previously been brought together under one platform. He goes on to say that we have a 100% retention rate for our partner doctors so far. Although we mainly support orthodontists, oral surgeons and pediatric dentists, we are currently expanding into the specialty spaces of periodontics and endodontics, "adds Jeremy." We are also continuing our expansion into other attractive geographies.” If you are interested in learning more about Five Point Dental Specialists (FPDS), look them up at fivepointdentalspecialists.com

Regarding leadership, Jeremy learned early in his career that a good leader believes in his team member’s abilities to get the job done. Each member of the team has specific talents that are unique. By training and empowering the individual, these talents grow and the company as a whole has a greater ability to succeed. Partners and clients receive much better care and greater service in this environment. Jeremy also uses constructive criticism as a motivator to grow. Running a successful business often requires constant evaluation and change, so constructive criticism can give him a clear idea of what he needs to learn next or what problem he needs to solve.

Jeremy elaborates on the Five Point business model. “We form a business partnership with dental specialists that enable them to keep their focus on their patients while we help with the administrative function. We use the expertise of all of our business experts to help our partner doctors grow their businesses with new and innovative ideas that they may not have time or knowledge to consider on their own.”

FPDS is very focused on the use of technology for overall company advancement. "We use purchasing software to make buying predictable and trackable. It streamlines the buying experience for the partner offices and helps keep costs in check,” says Lustig.

FPDS developed its own KPI reporting software that builds a bridge between the practice’s individual practice management software and the reporting platform, says Jeremy. This allows the doctor to continue using their historical practice management software while key practice metrics, financial data, practice comparison, and overall network performance is reported in real-time on a single dashboard. This proprietary software can be used with a wide range of practice management software from different types of dentistry.

Jeremy and his team believe that they have a number of distinct advantages over their competitors in the industry. “Our company is doctor-formed and doctor-led. We have a partner friendly model that creates long-term wealth generation for our doctors. We concentrate on superior support services that aid the doctor in growing his/her individual company. Furthermore, our company is focused on retaining the partner doctor’s talented staff while allowing the doctor to continue to focus on patient care. It's also important for FPDS to keep the doctor's reputation and legacy in their community, thus we don't change the name of any of the practices we work with,” adds Jeremy.

Jeremy adds that FPDS has some impressive growth statistics. Their average partner practice has experienced 26% growth in production, 16% growth in revenue, and 45% growth in EBITDA within 6months of joining the partnership. They utilize unique marketing principles and methods of efficiency to grow the top line, as seen in the increased production growth. Profit margins grow significantly when you combine the increased revenue with the cost-saving methodologies that FPDS employs. “The benefit is greater profit without actually working harder”, says Jeremy.