Latest news with #CDCP


Business Wire
08-08-2025
- Business
- Business Wire
Dentalcorp Reports Second Quarter 2025 Results
TORONTO--(BUSINESS WIRE)--dentalcorp Holdings Ltd. ('Dentalcorp' or the 'Company') (TSX: DNTL), Canada's largest and one of North America's fastest growing networks of dental practices, today announced its financial and operating results for the second quarter ended June 30, 2025, reaffirmed the full year 2025 guidance previously provided in the Company's news release dated March 21, 2025, and announced its outlook for the third quarter of 2025. All financial figures are in Canadian dollars unless otherwise indicated. 'Our teams across the country delivered another quarter of strong results, with revenue and Adjusted EBITDA growth of approximately 9% and 10%, respectively, over the second quarter of 2024, and setting new highs for both metrics. We continued to realize operating leverage across the business, with second quarter Adjusted EBITDA Margin expanding 20 basis points over the second quarter of 2024 to 18.7%, marking our fifth consecutive quarter of year-over-year Adjusted EBITDA Margin expansion,' said Graham Rosenberg, CEO and Chairman of Dentalcorp. 'We generated a record $45.6 million in Adjusted Free Cash Flow in the second quarter of 2025, representing an increase of approximately 12% over the second quarter of 2024,' Rosenberg continued. 'This led to continued deleveraging, with our Net Debt / PF Adjusted EBITDA after rent Ratio decreasing to 3.65x, a reduction of 0.46x from the second quarter of 2024, marking our seventh consecutive quarter of deleveraging,' Rosenberg said. 'Following a strong second quarter of 2025, we are carrying this momentum into the third quarter, anticipating SPRG of 3.0% to 5.0%, revenue growth of 10.0% to 12.0%, and Adjusted EBITDA Margin expansion of 20 basis points over the third quarter of 2024, to 18.6%,' said Nate Tchaplia, President and Chief Financial Officer. 'During the second quarter of 2025, we acquired 8 new practices that are expected to generate $3.8 million in PF Adjusted EBITDA after rent, at an average multiple of 6.3x. We are pleased to note that as of today, we have closed on, or signed LOIs for, acquisitions representing PF Adjusted EBITDA after rent in excess of our 2025 acquisition target of $25 million,' Tchaplia continued. 'With regards to the federal government's Canadian Dental Care Plan ('CDCP'), we have treated over 125,000 CDCP patients with 95% of our practices currently accepting CDCP patients. Second quarter 2025 SPRG was impacted by visit deferrals, as the newly eligible 18-64 cohort began to receive treatment in July. Looking ahead, we anticipate minimal CDCP-related visit deferrals for the balance of the year as the program is now fully deployed,' Tchaplia concluded. 'We remain on track to meet or exceed our full year 2025 guidance, where we expect to see SPRG of 3.0% to 5.0%, an accelerated pace of M&A with acquisitions representing $25 million+ of PF Adjusted EBITDA after rent, Pre-tax Adjusted Free Cash flow per Share growth of 15%+, and another year of Adjusted EBITDA Margin expansion of 20+ basis points,' said Rosenberg. Other Metrics Adjusted EBITDA (a) 81.2 73.9 157.1 142.0 Adjusted net income (a) 30.7 26.4 60.3 44.1 Adjusted free cash flow (a) 45.6 40.7 89.9 75.9 Expand (a) Non-IFRS financial measure, non-IFRS ratio or supplementary financial measure. See the 'Non-IFRS and Other Financial Measures and Ratios' section of this release for definitions and quantitative reconciliations. Expand Conference Call Notification The Company will hold a conference call to provide a business update on Friday, August 8, 2025, at 8:30 a.m. ET. A question-and-answer session will follow the business update. Non-IFRS and Other Financial Measures and Ratios As appropriate, we supplement our results of operations determined in accordance with IFRS with certain non-IFRS and other financial measures and ratios as we believe these non-IFRS and other financial measures are useful to investors, lenders and others in assessing our performance and highlighting trends in our core business that may not otherwise be apparent when relying solely on IFRS measures. Our management also uses non-IFRS measures for purposes of comparing to prior periods; preparing annual operating budgets; developing future projections and earnings growth prospects; measuring the profitability of ongoing operations; analyzing our financial condition, business performance and trends, including the operating performance of the business after taking into consideration the acquisitions of dental practices; and determining components of employee compensation. As such, these measures are provided as additional information to complement IFRS measures by providing further understanding of our results of operations from management's perspective, including how we evaluate our financial performance and how we manage our capital structure. We also believe that securities analysts, investors and other interested parties frequently use these non-IFRS and other financial measures and industry metrics in the evaluation of issuers. These non-IFRS and other financial measures are not recognized measures under IFRS, do not have a standardized meaning prescribed by IFRS, may include or exclude certain items as compared to similar IFRS measures and may not be comparable to similarly-titled measures reported by other companies. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. For further information on non-IFRS and other financial measures and ratios, including the most directly comparable IFRS measures, composition of the measures, a description of how we use these measures, an explanation of how these measures are useful to investors and applicable reconciliations, refer to the 'Non-IFRS and Other Financial Measures', 'Non-IFRS Financial Measures', 'Non-IFRS Ratios' and 'Certain Supplementary Financial Measures' sections of management's discussion and analysis of operations for the three and six months ended June 30, 2025, which is available on the Company's profile on SEDAR+ at EBITDA 'EBITDA' means, for the applicable period, net income (loss) and comprehensive income (loss) plus (a) net finance costs, (b) income tax expense (recovery), and (c) depreciation and amortization. Management does not use EBITDA as a financial performance metric, but we present EBITDA to assist investors in understanding the mathematical development of Adjusted EBITDA and Same Practice EBITDA Growth. The most comparable IFRS measure to EBITDA is Net income (loss) and comprehensive income (loss), for which a reconciliation is provided below. Adjusted EBITDA 'Adjusted EBITDA' is calculated by adding to EBITDA certain expenses, costs, charges or benefits incurred in such period which in management's view are either not indicative of underlying business performance or impact the ability to assess the operating performance of our business, including: (a) net impact of unrealized foreign exchange gains or losses on non-cash balances; (b) share-based compensation; (c) external acquisition expenses; (d) change in fair value of financial instruments at fair value through profit or loss; (e) other corporate costs; (f) (gain) loss on disposal of dental practices; (g) loss on disposal and impairment of property and equipment and intangible assets; (h) loss on settlement of other receivables; (i) impairment of right-of-use assets; (j) post-employment benefits; and (k) short-term benefits. Adjusted EBITDA is a supplemental measure used by management and other users of our financial statements to assess the financial performance of our business without regard to the effects of interest, depreciation and amortization costs, expenses that are not considered reflective of underlying business performance, and other expenses that are expected to be one-time or non-recurring. We use Adjusted EBITDA to facilitate a comparison of our operating performance on a consistent basis from period to period and to provide for a more complete understanding of factors and trends affecting our business. The most comparable IFRS measure to Adjusted EBITDA is Net income (loss) and comprehensive income (loss), for which a reconciliation is provided below. Adjusted EBITDA Margin 'Adjusted EBITDA Margin' means Adjusted EBITDA divided by revenue. We use Adjusted EBITDA Margin to facilitate a comparison of our operating performance on a consistent basis from period to period and to provide for a more complete understanding of factors and trends affecting our business. (a) Represents professional fees and other expenses paid to third parties that are incurred in connection with individual practice acquisitions and are not related to the underlying business operations of the Company. (b) Change in fair value of financial instruments at fair value through profit or loss includes i) change in fair value of derivative instruments, ii) change in fair value of contingent consideration, iii) change in fair value of preferred shares and iv) change in fair value of other financial liability. Change in fair value of derivative instruments represents the change in present value of the estimated future cash flows based on observable yield curves at each reporting date. Change in fair value of contingent consideration represents the change in fair value recognized related to obligations under earn-out arrangements measured on acquisition, and at each subsequent reporting date. Change in fair value of preferred shares represents the change in fair value of the Company's investment in the Management Preferred Shares measured at each reporting date. Change in fair value of other financial liability represents the change in fair value of certain put and call options issued over the Associate Dentists' profit rights for the Company's De novo practices measured at each reporting periods. All of above are classified as financial assets at FVTPL, and are revalued at each reporting date and recognized in the condensed interim consolidated statements of income (loss) and comprehensive income (loss). (c) Represents costs associated with the implementation of new corporate technology systems, the undertaking of vendor consolidations, termination benefits and restructuring activities, and professional fees related to the settlement of the management loan program and issuance of preferred shares, executive search arrangements, other non-recurring capital market initiatives and the implementation of the CDCP. Also included are costs associated with the purchase of profit rights held by Associate dentists in the cash flows of our dental practices and losses of dental practices that were disposed of during the period. (d) Represents the (gain) loss on disposal of dental practices that were disposed of during the reporting period. (e) Represents the loss on disposal and impairment of property and equipment and intangible assets which primarily occurred upon the closure of certain dental practice locations and the subsequent disposal of leasehold improvements and equipment that could not be transferred to other dental practices. (f) Represents post-employment benefits provided to the Company's former President. (g) Represents short-term benefits paid to the CEO in contemplation of the CEO continuing to facilitate the leadership changes announced in June 2024. Expand Adjusted Free Cash Flow 'Adjusted free cash flow' is calculated by adding or subtracting from cash flow from operating activities: (a) external acquisition expenses; (b) other corporate costs; (c) post-employment benefits; (d) short-term benefits; (e) repayment of principal on leases; (f) maintenance capital expenditure; and (g) changes in working capital. We use Adjusted free cash flow to facilitate a comparison of our operating performance on a consistent basis from period to period, to provide for a more complete understanding of factors and trends affecting our business, and to determine components of employee compensation. The most comparable IFRS measure to Adjusted free cash flow is cash flow from operating activities, for which a reconciliation is provided below. (a) Represents professional fees and other expenses paid to third parties that are incurred in connection with individual practice acquisitions and are not related to the underlying business operations of the Company. (b) Represents costs associated with the implementation of new corporate technology systems, the undertaking of vendor consolidations, termination benefits and restructuring activities, and professional fees related to the settlement of the management loan program and issuance of preferred shares, executive search arrangements, other non-recurring capital market initiatives and the implementation of the CDCP. Also included are costs associated with the purchase of profit rights held by Associate dentists in the cash flows of our dental practices and losses of dental practices that were disposed of during the period. (c) Represents post-employment benefits provided to the Company's former President. (d) Represents short-term benefits paid to the CEO in contemplation of the CEO continuing to facilitate the leadership changes announced in June 2024. (e) Represents capital expenditures for general maintenance and safety compliance of dental practices for the reporting period. (f) Represents the change in non-cash working capital items for the reporting period. Expand Adjusted free cash flow per Share 'Adjusted free cash flow per Share' means Adjusted free cash flow divided by the total number of Multiple Voting Shares and Subordinate Voting Shares on a fully diluted basis. Adjusted free cash flow per Share is utilized to determine components of employee compensation. Pre-tax Adjusted Free Cash Flow 'Pre-tax Adjusted free cash flow' in respect of a period means Adjusted free cash flow less cash income tax (recovery) expense. We use Pre-tax Adjusted free cash flow to facilitate a comparison of our operating performance on a consistent basis from period to period, to provide for a more complete understanding of factors and trends affecting our business, and to determine components of employee compensation. The most comparable IFRS measure to Pre-tax Adjusted free cash flow is cash flow from operating activities. Pre-tax Adjusted Free Cash Flow per Share 'Pre-tax Adjusted free cash flow per Share' means Pre-tax Adjusted free cash flow, divided by the total number of Multiple Voting Shares and Subordinate Voting Shares on a fully diluted basis. Pre-tax Adjusted free cash flow per Share is utilized to determine components of employee compensation. Adjusted Net Income 'Adjusted net income' is calculated by adding to Net income (loss) and comprehensive income (loss) certain expenses, costs, charges or benefits incurred in such period which in management's view are either not indicative of underlying business performance or impact the ability to assess the operating performance of our business, including: (a) amortization of intangible assets; (b) share-based compensation; (c) change in fair value of financial instruments at fair value through profit or loss; (d) external acquisition expenses; (e) other corporate costs; (f) (gain) loss on disposal of dental practices; (g) loss on disposal and impairment of property and equipment and intangible assets; (h) loss on settlement of other receivables; (i) impairment of right-of-use assets; (j) loss on modification of borrowings; (k) post-employment benefits; (l) short-term benefits; and (m) the tax impact of the above. We use Adjusted net income to facilitate a comparison of our operating performance on a consistent basis from period to period and to provide for a more complete understanding of factors and trends affecting our business. The most comparable IFRS measure to Adjusted net income is Net income (loss) and comprehensive income (loss), for which a reconciliation is provided below. (a) Represents professional fees and other expenses paid to third parties that are incurred in connection with individual practice acquisitions and are not related to the underlying business operations of the Company. (b) Change in fair value of financial instruments at fair value through profit or loss includes i) change in fair value of derivative instruments, ii) change in fair value of contingent consideration, iii) change in fair value of preferred shares and iv) change in fair value of other financial liability. Change in fair value of derivative instruments represents the change in present value of the estimated future cash flows based on observable yield curves at each reporting date. Change in fair value of contingent consideration represents the change in fair value recognized related to obligations under earn-out arrangements measured on acquisition, and at each subsequent reporting date. Change in fair value of preferred shares represents the change in fair value of the Company's investment in the Management Preferred Shares measured at each reporting date. Change in fair value of other financial liability represents the change in fair value of certain put and call options issued over the Associate Dentists' profit rights for the Company's De novo practices measured at each reporting periods. All of above are classified as financial assets at FVTPL, and are revalued at each reporting date and recognized in the condensed interim consolidated statements of income (loss) and comprehensive income (loss). (c) Represents costs associated with the implementation of new corporate technology systems, the undertaking of vendor consolidations, termination benefits and restructuring activities, and professional fees related to the settlement of the management loan program and issuance of preferred shares, executive search arrangements, other non-recurring capital market initiatives and the implementation of the CDCP. Also included are costs associated with the purchase of profit rights held by Associate dentists in the cash flows of our dental practices and losses of dental practices that were disposed of during the period. (d) Represents the (gain) loss on disposal of dental practices that were disposed of during the reporting period. (e) Represents the loss on disposal and impairment of property and equipment and intangible assets which primarily occurred upon the closure of certain dental practice locations and the subsequent disposal of leasehold improvements and equipment that could not be transferred to other dental practices. (f) Represents the loss on modification of the Company's outstanding credit facilities upon entering into an amended and restated credit agreement. (g) Represents post-employment benefits provided to the Company's former President. (h) Represents short-term benefits paid to the CEO in contemplation of the CEO continuing to facilitate the leadership changes announced in June 2024. Expand PF Adjusted EBITDA 'PF Adjusted EBITDA' in respect of a period means Adjusted EBITDA for that period plus the Company's estimate of the additional Adjusted EBITDA that it would have recorded if it had acquired each of the dental practices that it acquired during that period on the first day of that period, calculated in accordance with the methodology described in the reconciliation table in 'Reconciliation of Non-IFRS Measures'. Both creditors and the Company use PF Adjusted EBITDA to assess our borrowing capacity, which management believes, given the highly acquisitive nature of our business, is more reflective of our operating performance. We also use PF Adjusted EBITDA to determine components of employee compensation. The most comparable IFRS measure to PF Adjusted EBITDA is Net loss and comprehensive loss. (a) Represents the additional Adjusted EBITDA that we estimate would have been recorded if the Company's dental practice acquisitions had occurred on the first day of the applicable reporting period. These estimates are based on the amount of Practice-Level EBITDA budgeted by us to be earned by the relevant practices at the time of their acquisition by us. There can be no assurance that if we had acquired these practices on the first day of the applicable reporting period, they would have actually generated such budgeted Practice-Level EBITDA, nor is this estimate indicative of future results. Expand PF Adjusted EBITDA after rent 'PF Adjusted EBITDA after rent' in respect of a period means PF Adjusted EBITDA less interest and principal repayments on leases and lease interest and principal repayments on acquisitions. Both creditors and the Company use PF Adjusted EBITDA after rent to assess our borrowing capacity, which management believes, given the highly acquisitive nature of our business, is more reflective of our operating performance. The most comparable IFRS measure to PF Adjusted EBITDA after rent is Net loss and comprehensive loss. PF Revenue 'PF Revenue' in respect of a period means revenue for that period plus the Company's estimate of the additional revenue that it would have recorded if it had acquired each of the dental practices that it acquired during that period on the first day of that period. Given the highly acquisitive nature of our business, management believes PF Revenue is more reflective of our operating performance. We use PF Revenue to determine components of employee compensation. The most comparable IFRS measure to PF Revenue is revenue. Net debt / PF Adjusted EBITDA after rent Ratio 'Net debt / PF Adjusted EBITDA after rent Ratio' means non-current borrowings divided by PF Adjusted EBITDA after rent. We use Net debt / PF Adjusted EBITDA after rent Ratio to assess our borrowing capacity. Same Practice Revenue Growth 'Same Practice Revenue Growth' in respect of a period means the percentage change in revenue derived from Established Practices in that period as compared to revenue from the same dental practices in the corresponding period in the immediately prior year. About Forward-Looking Information This release includes forward-looking information and forward-looking statements within the meaning of applicable Canadian securities legislation, including the Securities Act (Ontario). Forward-looking information includes, but is not limited to, statements about the Company's objectives, strategies to achieve those objectives, our financial outlook, and the Company's beliefs, plans, expectations, anticipations, estimates, or intentions. Forward-looking information includes words like could, expect, may, anticipate, assume, believe, intend, estimate, plan, project, guidance, outlook, target, and similar expressions suggesting future outcomes or events. Our forward-looking information includes, but is not limited to, statements regarding the declaration of future dividends; and the information and statements under 'Third Quarter 2025 Outlook' relating to our goals for the third quarter of 2025 for Revenue, Same Practice Revenue Growth, Adjusted EBITDA Margin, PF Adjusted EBITDA after rent attributable to practices acquired in 2025 and our medium-term expectations regarding Same Practice Revenue Growth and Net Debt / PF Adjusted EBITDA after rent Ratio. Such forward-looking information relating to these metrics are not projections; they are goals based on the Company's current strategies and may be considered forward-looking information under applicable securities laws and subject to significant business, economic, regulatory and competitive uncertainties and contingencies, many of which are beyond the control of the Company and its management. The purpose of disclosing such forward-looking information is to provide investors with more information concerning the financial results that the Company currently believes are achievable based on the assumptions below. Readers are cautioned that the information may not be appropriate for other purposes. While these targets are based on underlying assumptions that management believes are reasonable in the circumstances, readers are cautioned that actual results may vary materially from those described above. Forward-looking statements are necessarily based upon management's perceptions of historical trends, current conditions and expected future developments, as well as a number of specific factors and assumptions that, while considered reasonable by management as of the date on which the statements are made, are inherently subject to significant business, economic and competitive uncertainties and contingencies which could result in actions, events, conditions, results, performance or achievements to be different or materially different from those projected in the forward-looking statements. Forward-looking information is based on many factors and assumptions including, but not limited to, the impact of, and the enrollment of patients in, the CDCP; expectations regarding the Company's business, operations and capital structure; that the Company's acquisition program continues as it has historically, including the Company maintaining its ability to continue to make and integrate acquisitions at attractive valuations including a reduction in acquisition purchase multiples as compared to prior periods; the prevailing business environment; the Company's financial and operating results and financial condition; the Company's need for funds to finance ongoing operations or growth conditions; the Company's ability to realize pricing increases, materially driven by Provincial fee guides; a continued increase in patient visit volumes through patient recall and insourcing initiatives that drive the expansion of service offerings and frequency of visits to contribute to optimal patient care; the impact of the investments the Company has made in its corporate infrastructure and teams, and the upgrades to its core information technology systems; the Company's ability to mitigate anticipated supply chain disruptions, geopolitical risks, inflationary pressures and labour shortages, and generate cash flow; no changes in the competitive environment or legal or regulatory developments affecting our business; and visits by patients to our Practices at or above the same rate as current visits. Actual results and the timing of events may differ materially from those anticipated in the forward-looking information as a result of known and unknown risk factors, many of which are beyond the control of the Company, and could cause actual results to differ materially from the forward-looking statements. Such risks include, but are not limited to, the Company's potential inability to successfully execute its growth strategy and complete additional acquisitions; its dependence on the integration and success of its acquired dental practices; its dependence on the parties with which the Company has contractual arrangements and obligations; changes in relevant laws, governmental regulations and policy and the costs incurred in the course of complying with such changes; risks relating to the current economic environment, including the impact of any tariffs and retaliatory tariffs on the economy; risk associated with disease outbreaks; competition in the dental industry; increases in operating costs; litigation and regulatory risk; and the risk of a failure in internal controls and other factors described under 'Risk Factors' in the Company's Annual Information Form for the year ended December 31, 2024. Accordingly, we warn readers to exercise caution when considering statements containing forward-looking information and caution them that it would be unreasonable to rely on such statements as creating legal rights regarding the Company's future results or plans. We are under no obligation (and we expressly disclaim any such obligation) to update or alter any statements containing forward-looking information or the factors or assumptions underlying them, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. All of the forward-looking information in this release is qualified by the cautionary statements herein. About Dentalcorp Dentalcorp is Canada's largest and one of North America's fastest growing networks of dental practices, committed to advancing the overall well-being of Canadians by delivering the best clinical outcomes and unforgettable experiences. Dentalcorp acquires leading dental practices, uniting its network in a common goal: to be Canada's most trusted healthcare network. Leveraging its industry-leading technology, know-how and scale, Dentalcorp offers professionals the unique opportunity to retain their clinical autonomy while unlocking their potential for future growth. To learn more, visit


CTV News
29-07-2025
- Health
- CTV News
Canadian Dental Association concerned about ‘gaps' in national program
The Canadian Dental Association (CDA) is voicing concerns over what it calls gaps in the national dental program. The Canadian Dental Care Plan (CDCP) was launched in December 2023 to allow uninsured people who face financial barriers access to care. The association says there are gaps in the plan that are 'compromising the ability of dentists to provide timely and effective care to patients.' It says there could be the unintended erosion of employer-sponsored dental plans where employers drop dental benefits for employees who would qualify for the CDCP. It also cited high rates of denials for complex treatments, long wait times for care, patient confusion and workforce challenges in dental offices as areas of concern. The CDA is urging the federal government to work closely with dental professionals to address the issues. The association recommends: streamlining the pre-authorization process improving public communication protect access to existing employer-sponsored dental benefits 'Every patient deserves access to essential dental care. The CDCP is a historic and meaningful investment in oral healthcare and to ensure its success, the program must be sustainable in the long-term,' reads a Tuesday news release from the association. 'We are committed to working with the federal government to help address gaps and improve the CDCP so that it has a meaningful impact on the oral and overall health of patients.' More to come…


Time Business News
25-07-2025
- Health
- Time Business News
Dental Dreams Offering Free Dental Exams & Cleanings for CDCP Patients
Dental Dreams, a well-known clinic in Winnipeg, is now offering free dental cleanings and exams for patients under the Canadian Dental Care Plan. With affordable pricing, expert care, and a full list of dental services, the clinic is ready to help more families across the city. Residents of Winnipeg who qualify under the new dental coverage are now able to book free cleanings and exams at Dental Dreams. This offer helps families and individuals who may have delayed dental visits due to cost. The clinic is proud to help patients take the first step toward better oral health. Anyone eligible for the CDCP can access this offer at Dental Dreams. To get started, more details are available through the clinic's page about the Canadian Dental Care Plan in Winnipeg. This plan includes preventive services such as exams and cleanings, and some restorative procedures. Dental Dreams participates in this plan, helping more local residents get access to the care they need. Families in Winnipeg often look for care that is easy to reach and fits their budget. Dental Dreams makes this possible by offering clear prices, flexible scheduling, and expert service all in one place. Whether it's a regular checkup or more advanced treatment, the team is focused on keeping care simple and stress-free. Patients searching for an affordable dentist in Winnipeg will find that Dental Dreams offers both value and quality. The clinic helps patients of all ages, including children, seniors, and those with dental coverage under CDCP or private insurance. Free parking, evening and weekend hours, and wheelchair-friendly access make it even easier to visit. The clinic's goal is to make sure every patient feels welcome and supported. Patients at Dental Dreams are under the care of a trusted professional. Dr. George Loewen is known for his calm and caring manner with every patient. He completed his dental degree from the University of Manitoba and later received advanced hospital training in dental surgery. Before entering dentistry, Dr. Loewen worked as a firefighter and paramedic in Winnipeg. His real-world healthcare experience shaped his ability to connect with people from all walks of life. His passion for safe, gentle care led him to train in IV sedation in Minnesota. He is also supported by Dr. Daya, Head of Anesthesia at Grace Hospital, for cases that require deeper sedation. With a registered nurse present, patients can safely sleep through treatments and wake up without remembering a thing. For those who feel nervous about dental visits, Dental Dreams offers sedation options to ease anxiety. These methods help patients relax or even sleep during their appointments. Treatments can be done without fear, and visits feel much shorter and easier. Sedation is helpful for longer treatments, tooth removal, or those who have had a bad experience in the past. Learn how fear-free visits are possible with sedation dentistry, offered by the team at Dental Dreams. Patients of all ages can find the dental care they need under one roof. Dental Dreams provides many types of treatment, from checkups to oral surgery. Their team works hard to make each visit simple, stress-free, and successful. Whether someone needs a filling, cleaning, or more advanced care, the clinic is ready to help. To see the full list, visit their page on dental services available at the Winnipeg location. Healthy smiles begin with good everyday care. Dental Dreams offers general dentistry that includes checkups, cleanings, and fillings. These services help prevent problems before they start. The team checks for cavities, gum issues, and signs of trouble. Cleanings remove plaque and polish the teeth. Every patient receives helpful tips to keep their smile bright and healthy between visits. People who want to improve the look of their smile can choose from several options. At Dental Dreams, cosmetic dentistry is designed to fit each person's goals and budget. Services may include teeth whitening, bonding, and veneers. These treatments can fix chipped, stained, or uneven teeth. With small changes, a confident new smile is possible. Sometimes teeth need to be removed or replaced. That's why Dental Dreams offers safe and expert care through implant and oral surgery. This includes wisdom tooth removal, extractions, and dental implants. Dr. Loewen has completed hospital training for oral surgery. Patients are in skilled hands whether it's a simple or complex case. Sedation is also available for extra comfort during surgery. Dental Dreams welcomes young patients with kindness and patience. They offer pediatric dentistry that's tailored to kids. The staff uses child-friendly words and tools to make each visit calm. Routine visits help keep baby teeth healthy and teach kids how to care for their mouth. Sealants and fluoride treatments may be used to protect teeth. Parents can count on gentle and helpful care for their children. Tooth pain or a broken tooth can't wait. That's why the clinic provides same-day appointments for emergency dentistry. Fast care can stop pain and prevent more problems. Whether it's a knocked-out tooth or swelling, the team is ready to help. With expert care and short wait times, patients get back to feeling better quickly. Teeth that are out of place can cause problems with chewing, speaking, and cleaning. Dental Dreams offers orthodontics to help straighten teeth and improve bites. Both kids and adults can benefit from braces or aligners. The clinic helps each patient choose the right option for their needs. A healthy and straight smile can make a big difference. When a tooth is badly hurt inside, it can still be saved. Endodontics is available at Dental Dreams to treat these cases. The inside of the tooth is cleaned and sealed to stop pain and infection. Many patients are surprised how easy and pain-free this treatment is, especially with sedation options. Saving natural teeth is always a smart choice when possible. Gum problems can lead to tooth loss if not treated early. Dental Dreams helps patients fight gum disease with periodontics. Deep cleanings and gum care keep the mouth in good shape. Swollen or bleeding gums should not be ignored. With early care, these problems can be stopped before they get worse. Dental Dreams is now hiring for multiple roles. Those interested in joining a skilled and friendly team can explore dental careers on the clinic's website. Positions may include hygienists, assistants, and support staff. This workplace values care, teamwork, and growth. People with a passion for helping others are encouraged to apply. This clinic stands out for many reasons. First, they offer direct billing to insurance companies, which means less work for the patient. There's no need to pay out of pocket and then wait for a refund. Their affordable pricing makes it easier for families to get the dental care they need. Prices are kept fair without cutting quality. Learn more about insurance and financing options offered at the clinic. The office is also wheelchair accessible, with wide doors and ramps to welcome everyone. Flexible evening and weekend appointments make it easier for working people and students to visit without missing other responsibilities. Dental Dreams is located at 530 Notre Dame Ave, Winnipeg, MB R3B 1S3, Canada. It's just one block west of Isabel Street and has free parking available on-site. Appointments can be booked by calling 204-777-5300 or emailing info@ The team responds quickly and is ready to help with any questions. To learn more about Dental Dreams Winnipeg, patients can explore their website. It offers service information, team bios, insurance details, and more. TIME BUSINESS NEWS


Vancouver Sun
17-07-2025
- Health
- Vancouver Sun
Here's why half of the requests for complex dental work were reportedly denied by Canada's care plan
Half of the requests for preauthorized complex dental work have reportedly been denied by Canada's dental care plan. Just over 50 per cent of requests for such dental work between November 2024 and June 2025 have been rejected, said Health Canada, per CBC News and Daily Hive . While 5.2 million people have been approved for coverage under the Canadian Dental Care Plan (CDCP), only about half — 2.2 million people — have received care, according to the federal agency. The CDCP, which launched in 2023, is intended to make dental care more affordable for eligible Canadians. Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. Any resident with an adjusted family net income below $90,000 a year and who does not have access to dental insurance can apply. It is administered by a contracted third-party, insurance provider Sun Life. Complex dental work can include procedures like putting in crowns or partial dentures, root canals, specialist examinations and other kinds of oral surgery. These services require preauthorization. The approval process is different than private insurance plans, per Health Canada. 'T he CDCP coverage criteria are more stringent,' it says online . Supporting documentation is required to prove the work is medically necessary before it can be covered. 'There's been a lot of confusion for dentists who send in what we would normally send in to a private plan, and it comes back rejected,' Vancouver dentist and president of the Canadian Dental Association Dr. Bruce Ward told CBC News . 'It's a much, much, much higher rejection rate than private plans.' Ward still commended the plan, calling it 'very good.' He added that despite its 'growing pains' it was still remarkable and noted the influx of people who would have otherwise gone without oral health care because they couldn't afford it. Meanwhile, spokesperson for Health Canada and the Public Health Agency of Canada Mark Johnson told Daily Hive that incomplete submissions made up a large part of the preauthorized requests that had been denied between November 2024 and June. The rejection rate went from 52 per cent to 38 per cent when the incomplete submissions were excluded. 'Common reasons for denial (were) incomplete submission, the patient's needs not meeting the clinical criteria for coverage, the request being a duplicate submission that was already approved previously, or the service requested not being eligible under the plan,' Johnson said in a statement to the publication. There was also a backlog causing preauthorization delays due to technical issues and a high volume of submissions. However, as of July 11, Johnson said 80 per cent of preauthorization requests are now being processed within seven days. A new wave of applicants applied to the CDCP when it expanded in June . More than a million people signed up and 94,980 received care, according to Health Canada, CBC News reported. Vice-president of the Canadian Dental Assistants Association Natalie Marsh, who is a dental assistant in North Sydney, N.S., told CBC that the plan was 'wonderful' but it did put a strain on some providers. 'You're seeing people who haven't seen a dentist in a long time. So they're coming in with a lot of work to be done,' she said. Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our daily newsletter, Posted, here .


Edmonton Journal
17-07-2025
- Health
- Edmonton Journal
Here's why half of the requests for complex dental work were reportedly denied by Canada's care plan
This advertisement has not loaded yet, but your article continues below. Complex dental work can include procedures like putting in crowns or partial dentures, root canals, specialist examinations and other kinds of oral surgery The Canadian Dental Care Plan expanded in June 2025. Photo by (Stock Photo) Half of the requests for preauthorized complex dental work have reportedly been denied by Canada's dental care plan. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by David Staples, Keith Gerein and others, Oilers news from Cult of Hockey, Ask EJ Anything features, the Noon News Roundup and Under the Dome newsletters. Unlimited online access to Edmonton Journal and 15 news sites with one account. Edmonton Journal ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. Support local journalism. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Exclusive articles by David Staples, Keith Gerein and others, Oilers news from Cult of Hockey, Ask EJ Anything features, the Noon News Roundup and Under the Dome newsletters. Unlimited online access to Edmonton Journal and 15 news sites with one account. Edmonton Journal ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. Support local journalism. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Just over 50 per cent of requests for such dental work between November 2024 and June 2025 have been rejected, said Health Canada, per CBC News and Daily Hive. While 5.2 million people have been approved for coverage under the Canadian Dental Care Plan (CDCP), only about half — 2.2 million people — have received care, according to the federal agency. The CDCP, which launched in 2023, is intended to make dental care more affordable for eligible Canadians. Get the latest headlines, breaking news and columns. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again Any resident with an adjusted family net income below $90,000 a year and who does not have access to dental insurance can apply. It is administered by a contracted third-party, insurance provider Sun Life. Complex dental work can include procedures like putting in crowns or partial dentures, root canals, specialist examinations and other kinds of oral surgery. These services require preauthorization. The approval process is different than private insurance plans, per Health Canada. 'T he CDCP coverage criteria are more stringent,' it says online. Supporting documentation is required to prove the work is medically necessary before it can be covered. 'There's been a lot of confusion for dentists who send in what we would normally send in to a private plan, and it comes back rejected,' Vancouver dentist and president of the Canadian Dental Association Dr. Bruce Ward told CBC News. 'It's a much, much, much higher rejection rate than private plans.' Ward still commended the plan, calling it 'very good.' He added that despite its 'growing pains' it was still remarkable and noted the influx of people who would have otherwise gone without oral health care because they couldn't afford it. Meanwhile, spokesperson for Health Canada and the Public Health Agency of Canada Mark Johnson told Daily Hive that incomplete submissions made up a large part of the preauthorized requests that had been denied between November 2024 and June. The rejection rate went from 52 per cent to 38 per cent when the incomplete submissions were excluded. 'Common reasons for denial (were) incomplete submission, the patient's needs not meeting the clinical criteria for coverage, the request being a duplicate submission that was already approved previously, or the service requested not being eligible under the plan,' Johnson said in a statement to the publication. This advertisement has not loaded yet. This advertisement has not loaded yet, but your article continues below. There was also a backlog causing preauthorization delays due to technical issues and a high volume of submissions. However, as of July 11, Johnson said 80 per cent of preauthorization requests are now being processed within seven days. A new wave of applicants applied to the CDCP when it expanded in June. More than a million people signed up and 94,980 received care, according to Health Canada, CBC News reported. Vice-president of the Canadian Dental Assistants Association Natalie Marsh, who is a dental assistant in North Sydney, N.S., told CBC that the plan was 'wonderful' but it did put a strain on some providers. 'You're seeing people who haven't seen a dentist in a long time. So they're coming in with a lot of work to be done,' she said. Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our daily newsletter, Posted, here.