Panacea Financial to provide ADA members with financial
products and services to help dental practices thrive.
LITTLE
ROCK, Ark., Jan. 26,
2024 /PRNewswire/ -- Panacea Financial and ADA Member
Advantage, a wholly owned subsidiary of the American Dental
Association, announced today that Panacea has been selected as the
newly endorsed and exclusively recommended practice finance
provider for the association's over 159,000 members across
the United States.
Panacea Financial's expertise in practice finance, combined with
the ADA's strong network and resources, creates a valuable synergy
that will benefit the dental community. The endorsement will
provide ADA Members with access to specialized financial products
designed just for dentists.
"We are proud to announce our relationship with the American
Dental Association," said Tyler
Stafford, CFA, President and Co-Founder of Panacea
Financial. "Our organizations' mutual commitment to dentists is at
the core of this collaboration. This partnership further signifies
Panacea's unwavering dedication to providing specialized financial
solutions, empowering dentists to elevate their practices and
deliver exceptional patient care."
"We were impressed by the expertise and resources that will be
available to ADA Members. Their dedicated focus on dentists, their
experienced practice financing team, and their solutions to finance
not only practice acquisition and expansion, but partner buy ins
and group expansions really show an understanding of the evolving
state of dentistry in this country," stated Bill Bulman, Chair of the ADA Member Advantage
Board of Directors.
With the help of Panacea, ADA member dentists can start, build
and grow their practices through specialized credit structures,
industry-leading decisioning times, concierge-level service and
experienced advice, while enjoying member-exclusive pricing.
"Panacea Financial exists to help doctors, and having helped
thousands of doctors and their practices across the country, we
have seen the positive impact we can have for dentists as they
strive to deliver the best care to their patients," said
Michael Jerkins, MD, M.Ed, Chief
Strategy Officer and Co-founder of Panacea Financial. "Panacea
continues to provide innovative ways to support dental practice
owners through an evolving dental industry, and we are excited for
the opportunity to meet the needs of even more dentists through
this endorsement."
For more information visit https://panaceafinancial.com/ada.
About Panacea Financial
Panacea Financial, a Division
of Primis Bank, focuses on providing world class financial services
for dentists, physicians, and veterinarians through all stages of
their training and practice. Panacea offers a full suite of banking
and technology solutions specifically built for doctors, by
doctors. Through the Panacea Financial Foundation, its non-profit
arm, the Company is dedicated to expanding ethnic and racial
diversity within the medical field, providing more than
$200,00 in scholarships and grants to
underrepresented minority medical students, residents, and fellows
since 2021. For more information, visit
https://panaceafinancial.com. Follow Panacea Financial on
Instagram, Facebook, Twitter, and LinkedIn.
About the American Dental Association
The
not-for-profit ADA is the nation's largest dental association,
representing 159,000 dentist members. The premier source of oral
health information, the ADA has advocated for the public's health
and promoted the art and science of dentistry since 1859. The ADA's
state-of-the-art research facilities develop and test dental
products and materials that have advanced the practice of dentistry
and made the patient experience more positive. The ADA Seal of
Acceptance long has been a valuable and respected guide to
consumer dental care products. The Journal of the American
Dental Association (JADA), published monthly, is the ADA's flagship
publication and the best-read scientific journal in dentistry. For
more information about the ADA, visit ADA.org. For more
information on oral health, including prevention, care and
treatment of dental disease, visit the ADA's consumer
website MouthHealthy.org.
Media Contact
media@panaceafinancial.com
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SOURCE Panacea Financial