Showing posts with label Dr. Richard Workman. Show all posts
Showing posts with label Dr. Richard Workman. Show all posts

Saturday, April 27, 2013

Reports of Heartland Dental letter writing campaign opposing DSO regulation

Texas legislators are attempting to regulate the operation of Dental Service Organizations (DSO’s), currently operating secretly in the state.  At the very least lawmakers want them to register as doing business in their state. 

At public hearings in March 2012 lawmakers were shocked to hear members of the TSBDE say they didn’t have a clue how many dental clinics were operating in the state. The TSBDE also admitted they were oblivious as to who owned any dental clinics in Texas.  That’s right, the same clinics where licensed (or not) dentists perform medical procedures on Texas citizens, the TSBDE didn’t know who owned any of them – be it an actual dentist, a group greedy investors or a teacher’s union in Canada, i.e. Heartland.  Further, no one seemed to care until it was pointed out the hundreds of millions of dollars being stolen from the Medicaid program. 

HB 151 attempts to change that, but HB 151 hasn’t moved since February 21, 2013 – has rigor mortis set in?

During at least 2 hearings since last March – the last earlier this month - the DSO’s have sent stooges to testify.  Under oath, they have declared there is nothing shady going on.  The most laughable happened last Fall, when Diane Earle of NCDR/Kool Smiles was nearly laughed out of the chamber. Ok, few actually laughed out loud, but she did receive a “bless her heart” type dismissal.  NCDR/Kool Smiles Dental is owned by FFL Partners in San Francisco. see video.

In an attempt to keep the bones buried, NCDR/Kool Smiles seldom misses the opportunity to remind employees (past and present) of confidentiality agreements they signed when they began their employment with the company.  i.e. letters of intimidation and threats of lawsuits.

The DSO’s are fighting back. They don’t want any government agency to know they are doing business in any state, let alone the degree of shadiness.

Wonder why that is, exactly? I’ll tell you why, because they know they are operating multi-million dollar illegal businesses. When you have nothing to hide, you hide nothing, right?

The latest report of DSO’s fighting back is Heartland Dental “requesting” their dentist send letters to lawmakers opposing any regulations requiring DSO’s to register with any government body.  So lawmakers – in any state or in Washington - if you are suddenly receiving letters from dentists opposing DSO registration, take their name and address, they work for one!

Tuesday, November 06, 2012

Ontario Teachers Union Pension Plan “takes control” of Heartland Dental–Anyone Thrilled?

Wasn’t it this same union who invested heavily in some dental clinics in NY a few months ago? No, it was Ontario Municipal Employees’ Retirement System (OMERS )and GEDC Super Holdings Inc., who bought 170 Great Expressions dental clinics.

WOW, that’s two Canadian pension plans who are invested in American’s dental care to the tune of 545 dental clinics!! Is anyone concerned about this at all? Buehler?

I don’t see the words: sell, sold, bought, but rather “take control” in the Heartland take over. I’m told it is all about Heartland’s ESOP plan.

November 6, 2012

Reuters – Ontario Teachers Acquires Control of Heartland Dental

Ontario Teachers’ Pension Plan has agreed to take control of Heartland Dental Care Inc in a deal that values the US dental practice management firm at about $1.3 billion, writes Reuters. Ontario Teachers is buying a majority stake in Heartland, while founder and chief executive Rick Workman will retain a minority stake along with management and employees.

Reuters – Ontario Teachers’ Pension Plan said on Monday it has agreed to take control of Heartland Dental Care Inc in a deal that values the U.S. dental practice management firm at about $1.3 billion, according to a person familiar with the matter.

Thursday, October 25, 2012

Final Bids in for Heartland Dental

Update Thursday October 25, 2012:

Effingham Daily News:

October 25, 2012

Heartland Dental Care for sale

Bill Grimes Effingham Daily News

EFFINGHAM — While international news services are reporting that Heartland Dental Care is for sale in a potential 10-figure deal, a Heartland executive said Wednesday that no deal would affect the local presence of the dental practice management giant.

    “We want the people of Effingham to know that we are committed to Effingham,” said Chad Thompson, the company’s vice president of administration.
  Thompson declined to comment on the potential deal, but international news service Reuters reported earlier this week that private equity firms KKR & Co., Apax Partners and Madison Dearborn Partners have bid for Heartland Dental. Reuters said the sale price could reach $1.3 billion.