Chicago well being care administration agency Aspen Group increasing

The Aspen Crew is coming off a two-year progress time interval through which it created acquisitions and noticed income double to $3 billion in 2021, claims founder, CEO and Chairman Bob Fontana.

Now, the corporate’s portfolio incorporates fashions like Chapter Aesthetic Studio, a well being care magnificence clinic enterprise ClearChoice Administration Suppliers, which provides assist providers to dental implant facilities and WellNow Pressing Remedy.

Aspen Group now has 1,100 locations and 18,000 staff all through 46 states. The corporate has 50 workplaces in Illinois and about 20 within the Chicago place. Throughout all of the fashions, it says it serves excess of 35,000 victims nearly each working day.

By the conclude of 2022, Aspen Group designs to have further than 1,200 areas nationwide.

“That’s virtually a brand new apply each 3 days, on widespread,” Fontana says.

Aspen Crew was began in 1998 in East Syracuse, N.Y., and started out solely as a dentist enterprise workplace help company know as Aspen Dental. Dentist places of work nonetheless make up the majority of the corporate’s footprint: about 950 of the areas.

“We produced a design at Aspen that not solely was a technique to get nice, substantial-excellent dental care, but in addition a single that might match with the individual’s existence and help them defeat any obstacles they skilled to get dental remedy,” Fontana says.

Collectively the way in which, Aspen Group has taken private-equity monetary dedication from the likes of Ares Administration, Leonard Inexperienced & Associates and American Securities.

In 2017, Aspen Group moved its headquarters to Chicago and now has a 200,000-sq.-foot enterprise workplace in Fulton Market, the place it employs 200 individuals.

“Coming to Chicago was actually essential for us to proceed to attract in good expertise,” Fontana, together with that he anticipates including 100 way more people to the corporate crew this calendar 12 months.

Like most different corporations, Aspen Group was challenged by COVID-19. Thought of an essential enterprise, the corporate was centered on sourcing personal defending machines and conserving personnel wholesome all by the early occasions of the pandemic. Now, it’s weathering the labor lack influencing all industries.

“It’s a restricted labor present market, however we’ve been capable of skill through,” Fontana says.

As of August 2021, considerably lower than fifty % of dental hygienists who remaining their jobs throughout the pandemic had returned to carry out, in line with a examine posted this month by the American Dental Hygienists’ Affiliation and the American Dental Affiliation. The analyze reveals 1.6% of contributors no prolonged ready to do the job as dental hygienists, which might symbolize a eternal discount of three,300 dental hygienists in the midst of the U.S.