Anyone find it funny Heartland Dental even needed to publish this propaganda piece.
Fall 2012 – Smiling Magazine – A Heartland Dental Care Publication
Anyone find it funny Heartland Dental even needed to publish this propaganda piece.
Fall 2012 – Smiling Magazine – A Heartland Dental Care Publication
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
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.
I ran across a propaganda piece today on – dentalhealthcarecenter.net. about the super duper fantastic Heartland Dental Care.
It tells about Heartland Dental, in Effingham, IL and what they can do for dentists who are finding it hard to develop their own dental offices. It tells dentists, that by becoming an “affiliate” of Heartland, it can “make your career better.” Their career will be better because Heartland “will increase your creditability and reputation”. It goes on to say:
But what really happens?
Here is what I’m told
On May 23, 2012, Rick Workman breaks ground on a HUGE expansion for their corporate headquarters in Effing-no-where, IL. Part of the new facility will be for “training” purposes and I’m sure the psychiatric department will have new offices. Psychiatric department you ask? Yes, that’s what I’m told. If you can’t maintain your production numbers, they actually have psychologists come for a little chit chat. A little couch time, so to speak.
Now,less than 4 months later, Workman has put Heartland up for sale, asking price… a mere $1.4 BILLION dollars.
To here him tell it, he just leases the use of some appointment scheduling software, that he doesn’t even own, and does some payroll services for independent dental clinics. (liar, liar, pants on fire…)
I’m sure the folks of Illinois are tickled pink to give Workman his $3 million dollars back for his “expansion”. ( $3 mil is the EXACT amount Heartland had to pay to settle fraud allegations in 2008.) Did anyone hear the “Kennedy” tone in the voice?
HOMES
In Effingham, IL Richard Eugene and Angie Workman’s home is located at 16130 Hildene Drive, Effingham, IL 62401