The Great Friends Podcast
WITH JOHN WHEELER
Choosing the Right Partner Entering the Next Era of Aesthetics
In the latest episode of "The Great Friends Podcast," host John Wheeler, CEO of Alpha Aesthetics Partners, sits down with Brian Colao, a distinguished lawyer and Member & Director of the Dental Service Organizations Industry Group at Dykema, with almost 30 years of experience within his field. Dykema stands out as the leading legal firm in the medical and dental practice sales arena, making Brian an authority on navigating the intricacies of partnering with, selling, and evolving within the medical spa and dental sectors.
John and Brian embark on a comprehensive discussion that sheds light on the essence of successful partnerships within the Management Service Organizations (MSO) and Dental Service Organizations (DSO) landscape. Brian emphasizes the significance of discipline, culture, and the art of saying no to maintain the integrity and direction of a practice. He highlights how the most successful organizations view their relationships with affiliates not merely as transactions but as genuine partnerships, working "shoulder to shoulder" to achieve mutual success.
One of the focal points of their conversation is the evolving dynamics within the private equity space as it pertains to the medical and dental industries. Brian points out a "paradigm shift" indicating new trends and opportunities that professionals in the medical spa and dental practice areas should be aware of. This insight is particularly valuable for those contemplating the future of their practices and how to position themselves for success in a rapidly changing market.
Brian's wealth of experience and deep connections in the industry, coupled with his role at Dykema, positions him uniquely to provide listeners with a treasure trove of actionable advice. Whether it's identifying the right partner, understanding the legal nuances of selling a practice, or navigating the broader trends in private equity, Brian's expertise offers listeners a roadmap to making informed decisions.
This episode is not just a deep dive into the mechanics of medical and dental practice transactions; it's a masterclass in strategic thinking and partnership in the healthcare space. For anyone involved in or considering entering the MSO or DSO spaces, or for those curious about the future of private equity in healthcare, this conversation between John Wheeler and Brian Colao is an invaluable resource.
Listeners will come away with a richer understanding of what it takes to forge successful partnerships, the importance of maintaining a strong cultural identity, and how to navigate the shifting sands of the private equity landscape. This episode is an essential listen for those looking to thrive in the evolving world of medical and dental practice management.
Brian Colao is an esteemed figure in the realm of healthcare legal services, renowned for his expertise in guiding dental and medical practice transactions. As Member & Director of the Dental Service Organizations Industry Group at Dykema, he stands at the forefront of the industry, offering unparalleled legal counsel to those navigating the complexities of selling their practices. With a career spanning almost 30 years, Brian has cemented his status as one of the most well-connected professionals in the field, embodying a wealth of knowledge on MSO/DSO organizations, private equity shifts, and strategic partnerships. His work at Dykema, the preeminent legal firm in medical and dental practice sales, underscores his dedication to ensuring clients achieve their business objectives with integrity and success. Beyond his legal acumen, Brian's insights into the evolving landscape of medical aesthetics and healthcare transactions make him a trusted advisor and thought leader in the industry.
