Konikoff Dentistry

Konikoff Dentistry is a dental care provider focused on comprehensive oral health services, including general and cosmetic dentistry, aimed at families in the Virginia region. Founded in 1980, Konikoff Dentistry operates as a dental care provider in Virginia Beach, US, focusing on various dental services. In July 2017, the firm was acquired by CORDENTAL Group, a portfolio company of New MainStream Capital. The founder's previous ventures are not documented.

The company has completed 2 deals to date, with the most recent deal occurring on July 31, 2017. Konikoff Dental Associates specializes in dental care services, providing a comprehensive range of offerings aimed at enhancing oral health for families across multiple regions. Their core services include general dentistry, cosmetic dentistry, pediatric care, orthodontics, and restorative procedures, such as dental implants and dentures. These services cater to various patient needs, ranging from routine check-ups and cleanings to complex procedures like root canals and full mouth reconstructions.

Konikoff Dental Associates operates multiple locations in Virginia, serving customers in Chesapeake, Suffolk, and Virginia Beach, reaching a broad demographic that includes military families, children, and adults seeking both preventative and emergency dental care. With over 30 years of experience in the industry, their commitment to patient-centric care is evident in their extended hours and flexible appointment scheduling, addressing the demands of today’s busy families. The revenue model for Konikoff Dental Associates is structured around direct patient services, encompassing a combination of fee-for-service transactions and membership-based programs, such as their proprietary DentRite® discount plan. This plan allows patients to access discounted dental care without the complexities of insurance claims.

Additionally, the practice utilizes payment options, including financing through CareCredit, enabling patients to manage costs through monthly payment plans. The firm also accepts a variety of dental insurance plans, involving direct reimbursements between insurers and the practice. Their pricing strategy reflects a commitment to affordability, providing transparent costs for individual services while promoting accessible dental care to their clientele. This transactional framework supports not only their operational viability but also enhances patient loyalty and satisfaction.

Following its acquisition by CORDENTAL Group in July 2017, Konikoff Dentistry plans to enhance its service offerings and expand into additional markets. The firm is expected to focus on launching new dental procedures and services, with specific details on new product releases yet to be disclosed. The recent funding is aimed at supporting these growth strategies, facilitating an increase in operational capabilities and market presence.