Aspen Dental
 |
|
| Industry | Dentistry |
|---|---|
| Founded | Syracuse, New York, New York, U.S. (1964) |
| Headquarters | DeWitt, New York |
|
Area served
|
United States |
| Services | Dental Care services Dentures |
| Website | aspendental |
Aspen Dental Management, Inc. (ADMI) is a corporation offering "complete dental care solutions", providing general and cosmetic dentistry and denture care for families and seniors in more than 20 U.S. states. Its headquarters is in DeWitt, New York,[1][2] near East Syracuse and Syracuse.[1][3] According to a lawsuit that had been filed against the company, Aspen caters to lower income, older adults.[4]
History
The company began in 1964 in Syracuse, New York, as a dental lab called Upstate Dental. In 1981, Upstate Dental merged its lab services with centralized management services to initiate the new dental practice management concept. The company became Upstate Dental Management, LLC.
In 1997, an investor acquired Upstate Family Denture Services, Inc., Upstate Denture Labs, Inc. and East Coast Dental Management, Inc. In 1998, Upstate Dental and East Coast Dental merged; the merged company was renamed Aspen Dental Management, Inc.[5]
In October 2010, after a probe of complaints regarding its discount services and finance programs, the company entered into an assurance of voluntary compliance with the Pennsylvania Attorney General's office, without admitting wrongdoing. It agreed to pay $125,000 to reimburse customers of the company and $50,000 for consumer protection probes. Complaints involved services provided before May 28, 2009.[6][7]
In October 2012, a class-action lawsuit accused the company of illegally owning dental practices and of deceiving patients. The lawsuit said that the company operating in violation of laws in 22 states which allow only dentists to own a dental practice. The company responded that the accusations were "entirely without merit.”[8] Aspen Dental was investigated for two years, and the findings were published in a 1,500 page report by Chuck Grassley and Max Baucus of the U.S. Senate.[4]
Operations
The company operates in more than 20 states. Each office is staffed for general dental care.[9][10][11]
The company is owned by Leonard Green & Partners, a private equity firm[8] specializing in leveraged buyout transactions, particularly of middle market companies.
See also
References
- ↑ 1.0 1.1 Terms of Use Agreement." (Archive). Aspen Dental. Retrieved on September 23, 1012.
- ↑ "Zoning Map." (Archive) Town of DeWitt. Retrieved on September 23, 2012.
- ↑ "Media Contacts." (Archive) Aspen Dental. Retrieved on September 23, 2012.
- ↑ 4.0 4.1 Burkhalter, Eddie. "Alabama dental clinics operating illegally, Senate report says." (Archive) Anniston Star. July 25, 2013. Retrieved on July 26, 2013.
- ↑ Aspen Dental Timeline
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ 8.0 8.1 Heath, David, "Aspen Dental Facing Class-Action Lawsuit", PBS Frontline & Center for Public Integrity, October 19, 2012
- ↑ Aspen Dental Office Locations
- ↑ Press release, "Aspen Dental plans continued expansion in 2009", January 2009
- ↑ New office opening announcement, Newark Advocate, August 29, 2009
12. ^ Cumberland Dentistry , Crossville, TN, July 18, 2008
External links
- Aspen Dental website
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