Notice of Public Hearing
Before the Insurance Commissioner
of the State of Oregon
Department of Consumer and Business Services
In the matter of the Acquisition of Control of or Merger with a Domestic Insurer
Advantage Dental Plan, Inc. by Dental Service of Massachusetts, Inc.; DentaQuest Group, Inc.; DentaQuest Management, Inc.; DentaQuest Massachusetts Business Trust; DentaQuest, LLC; and DentaQuest Care Group Management, LLC by means of a transaction in conjunction with Advantage Consolidated, LLC
April 20, 2016 at 6:00 p.m.
Department of Consumer and Business Services
Division of Financial Regulation
Labor & Industry Building
Room 260
350 Winter Street NE
Salem, OR 97301
Conference Call 1-888-808-6929, Code: 3255610
Dental Service of Massachusetts, Inc. ("DSM") is a Massachusetts not-for-profit dental service corporation and, through its various subsidiaries, is one of the largest dental benefits administrators in the United States. DSM operates in Massachusetts under the Delta Dental brand name. Through DSM's direct subsidiaries, it also does business under the "DentaQuest" brand name serving customers nationally. Advantage Dental Plan, Inc. is a health care service contractor organized and licensed under the laws of Oregon that operates a dental plan in Oregon, with its headquarters in Redmond, Oregon. Advantage Consolidated, LLC owns and operates dental clinics in throughout Oregon through its ownership of Advantage Community Holding Company, LLC. DSM's subsidiary, DentaQuest, LLC has entered into a Unit Purchase Agreement with Advantage Consolidated, LLC whereby DentaQuest LLC or its designee will acquire an 80% controlling interest in Advantage Community Holding Company, LLC. Advantage Dental Plan, Inc. is a direct subsidiary of Advantage Community Holding Company, LLC. The purpose of the hearing is to permit public comment on the proposed transaction.
A copy of the Form A filed by DSM and its affiliates identified herein describing the transaction is available on the Insurance Division's website at the following link:
Acquisition of Advantage Dental Plan, Inc. by Dentaquest Care Group Management, LLC
The hearing record will remain open until 5:00 p.m., May 4, 2016. Written comments must be RECEIVED by the Division of Financial Regulation by the deadline. Written comments may be submitted via e-mail to [email protected] or by mail to Advantage Dental Form A, Oregon Division of Financial Regulation, P.O. Box 14480, Salem, OR 97309-0405.
