What happens when a mechanical engineer spends 10 years in high tech, quits cold turkey in 2005 with no great plan, builds a small consulting firm with his grad school roommate, pivots to start a dental marketing agency in 2009, focuses exclusively on dentistry by 2011, works with a general dentist who built a traditional corporate DSO from 2005-2015, watches that doctor exit and get bombarded by other doctors asking him how to build a group, becomes partners with that doctor's consulting company in 2018, spends years learning the DSO model inside and out, and comes to a profound realization: the DSO model is fundamentally broken—like a taxi service where the customer experience is terrible but the incumbent dominates because there's no alternative?
Ian McNickle does exactly that, and by 2021-22, instead of building another DSO, he interviews over 200 doctors across an 18-month period, asking them what stresses them out about private practice, what they'd like to delegate, what would attract them to join a group, AND crucially, what horror stories they've heard about groups. He also talks with investors, attorneys, accountants, and investment bankers to understand how to build something legally compliant, attractive to capital, and actually good for doctors. In 2024, he officially launches Icon Dental Partners as a DPO (Dental Partnership Organization)—not a DSO—with a radically different structure where the doctor's clinical autonomy, team employment control, work schedule flexibility, and branding all remain completely in the doctor's hands, while Icon handles HR, payroll, recruiting, IT, cybersecurity, marketing, financials, bookkeeping, accounting, leases, and legal.
In this eye-opening conversation, Ian reveals why DSOs concentrate too much power at the holding company level (where investors can change agreements and eliminate autonomy), how he decentralized Icon's structure so that what defines a doctor's control is in individual agreements that NO board change can touch, why he made his board majority doctors so they have a real seat at the table, and how Icon offers doctors the best of both worlds: the culture, control, and branding of private practice PLUS the negotiating power, expertise, centralization, and potential financial upside of a group.
Ian McNickle started his career as a mechanical engineer in high tech, spent 10 years there enjoying the work and management positions, but felt an itch to be an entrepreneur. Around 2005-2006, he quit his job cold turkey without a great plan—he admits in hindsight it was a dumb move, but when you're young and ambitious, you just go for it. He and his roommate from grad school started a small consulting firm in the northwest for a few years, then in 2009 partnered with another person to start a marketing agency. By 2011, they decided to focus exclusively on the dental industry. He built that company for many years while also getting to know dental practices as clients. One of his former clients was a general dentist who had built a dental group using a traditional corporate DSO model from 2005-2015. When that doctor exited his group, other doctors started asking him how to build a similar group. That doctor started a consulting company and approached Ian to be his partner in 2018, knowing Ian was an entrepreneur who understood the dental industry. From 2018-2021, Ian split his time between the marketing company and the group consulting company, learning deeply about the DSO models. What he realized was that the DSO model is fundamentally flawed. Doctors don't typically like it, it's not necessarily better for patients, and team members don't like it either. He compares it to the taxi industry—a terrible customer experience dominated by an incumbent with no alternative. But whenever you have that situation where customers aren't happy, there's an opportunity for disruption and innovation.