Good luck to all of us!. The legacy lives on in Timaru as newly appointed CBay swimming coach Shane Jones follows in the footsteps of his father Paul Jones. Dental staff contribute to COVID-19 response. Dr. Rick Workman founded Heartland Dental in 1997 to introduce dentists across the country to the highest quality non-clinical administrative support. Tailored Solutions that Enhance Traditional Development for Growing Retailers. Workman was raised in the united states by his parents, He is a graduate of Southern Illinois University with degrees in Biological Science and a Doctorate in Dental Medicine. He owns this 23,666 sq ft home, and another 19,405 sq ft home in the same neighborhood which is also mapped on this site. New York, NY 10001, Hours Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. I set up my first practice, and about a year later, in January 1981, the prime borrowing rate reached 21.5%. Richard Workman, 63, stopped practicing in 1996 to build his company, Heartland Dental, into a kind of Walgreens for the dentistry business. Dental Practice Ownership, Topics: "It feels a bit like the gold rush," said Stephen Thorne, chief executive officer of Pacific Dental Services. Our expertise in site selection, as well as our quick-action responsiveness, makes WMG Development the premier retail developer in the United States. We are an experienced family-oriented team who pride ourselves on solid values, positive attitudes and our entrepreneurial spirit. The overall market for dental services is huge: $73 billion in 2017, according to investment bank Harris Williams & Co. Companies such as Heartland pay the dentists while taking care of everything else, including advertising, staffing and equipment. What your skills are worth in the job market is constantly changing. Afterwards, I called a dentist in the area to rent office space. We take pride in building strong relationships and being an asset to our partners as they grow their businesses over time. Weve come through the worst period of scarcity thinking in my adult life, and it drives me crazy. About Heartland Dental Heartland Dental is the nation's largest dental support organization providing non-clinical, administrative support services. May 24, 2022. He is the Active Executive Chairman & Founder of Heartland Dental, the nations largest dental service organization and a former CHS portfolio company. Touro College of Dental Medicine Vice Dean Edward F. Farkas, D.D.S., M.A., sat down with Rick Workman, D.D.S., CEO of Heartland Dental, for an inspiring disc. Heartland was already a junk-rated company, with debt of 7.4 times earnings before interest, taxes, depreciation and amortization as of last July. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. 12-14 George Street His dad was a farmer, and his mother a teacher. Theres a pattern. I could corner the market on towns of 3,000 and go all out. So, we opened these offices up. Workman:Lots of people in the industry have blamed us for the DSO model. Address: Acierno said their pitch is that you can sell it and make a lot of money.. SydneyConnect Story. Gain access to Steve Wozniak, Cynt Marshall, John Maxwell and more innovators and global leaders. www.dentaleconomics.com is using a security service for protection against online attacks. Augmenting its 20+ year record of leadership, Heartland Dental will continue to advance its best-in-class DeNovo and single-office affiliation growth at higher levels, while adding expertise in affiliating with group practices and regional dental support organizations (DSO), the release said. But how is that helping our profession get better? Even small companies are attracting attention. Less than 10 percent of dentists are affiliated with corporate-backed practices, according to the American Dental Association, so advocates expect a lot more consolidation and private investment to follow. Rick Workman:After dental school I had two priorities: First, to not work on the family farm, and second, to not have to move home. SHARE. Scott:Why was that? Workman serves as Heartland Dentals executive chairman. I'm proud that Heartland Dental has forged a legacy of not only assisting supported dentists in the business of dentistry but also in best practices in leadership. The patient asked, Why dont you open up an office in Newton? Like, Wednesdays were golf days in Champaign and none of the other dentists worked. Scott:As you hit pieces of scale, what resources or experiences have been helpful for you? In dental school, they said they taught business, but they wouldnt give you any idea of what a dentist could make. Tru Family Dental in Illinois and Michigan, an acquisition inked in late December which included 23 supported offices. Building upon its record-setting growth of adding more than 150 newly supported offices in 2020, Heartland Dental announced ambitious plans for further group practice affiliation opportunities across the nation this year. Dr. Rick Workman is the Chair of the Executive Advisor Team, having nearly 35 years of experience in the healthcare industry and is highly regarded as a leader in the dental services industry. They asked what kind of office? gibt es das christkind wirklich virginia. Facebook. Heartland Dental supports dentists as they provide high-quality care to offices in 37 states through non-clinical, administrative support services. The service requires full JavaScript support in order to view this website. second chance body armor level 3a; notevil search engine. +64 3 687 9228. The school has been working on the footpath Playhouse to host season of classic 70s musical Godspell. Back then, the goal was a five-year plan to gross $100,000. I thought about it. I thought I ought to explore it. "Look at what happened to pharmacy and its going to go that way in dentistry," Workman said. Postgraduate study is one of the best ways to get ahead in your career or move in a new direction. Find your market worth with a report tailored to you, No results found. In April, the private equity powerhouse bought a 58 percent stake that valued Heartland at a rich $2.8 billion, the latest in a series of acquisitions in the industry. Within a few years, I was thought of as a rebel. Ive been to dental meetings where they laugh and snicker at young people who they think are going to get ripped off by a supply company, or taken to the cleaner by an insurance company or bank thats going to take advantage of their inexperience. The World's most impressive Car Collections. Why do people leave their jobs? 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Small towns arent traditionally thought of as an ideal place to grow a DSO from a strategic perspective. "Some of these private equity companies think the business is easier than it really is. President Reagan cleaned all that up and gave massive tax incentives to people who had opened and expanded businesses. I was still doing pretty good avoiding those two things. Dr. Rick Workman Makes List of 32 Most Influential People in Dentistry By Heartland Dental Incisal Edge, a dental lifestyle magazine, recently named Heartland Dental founder, Dr. Rick Workman, as one of the most influential people in dentistry. New Zealand He wouldnt do it. Dr. Rick has an approximate net worth of $400 million as of 2022 from his career. Dr. Rick has an approximate net worth of $400 million as of 2022 from his career. It will be the only private dental school in North Carolina and is expected to enroll the first students in fall 2023. He is a graduate of Southern Illinois University with degrees in Biological Science and a Doctorate in Dental Medicine. Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. Winter Garden, FL 34787, 2023 WMG Development. Phone: 2023 New Harbor Capital Management, LLC, The Ear, Nose, Throat & Plastic Surgery Associates. Can you walk us through that? In 2003, Rick Workman and the Workman Family founded what has become WMG Development, LLC. Workman:My goals at the time were still to not work on the farm, and to not move home. The cars are not for sale but enquiries are welcome. Twitter. I highly advocate one-build dental practices to last and hold forever. I told them general practice. Previously, Dr. Workman spent several years as a national speaker and trainer for ProDentec, a manufacturer of hygiene products. Please enable JavaScript on your browser and try again. HPU's dental school will partner with dentists in the local community and across the region. We understand the unique challenges of todays development landscape. He scooped up one dentist office after another, and today Heartland has more than 800 in 36 states, making it the largest dental management company in the country. Workman joins a long list of faculty in residence at HPU. Obviously, you didnt come out of dental school and think that you were going to rebel against the machine like a Steve Jobs. | As a leading DSO, Heartland Dental provides supported dentists, hygienists, and non-clinical team members with world-class non-clinical administrative support to help them achieve sustainable professional and personal growth. Heartlands affiliation team is not only working with owner doctors, but also actively engaging with brokers, investment bankers and financial advisors to explore transition strategies for their dental clients and their investments, while also creating new opportunities to burnish their legacy by improving and expanding the support they provide to their doctors and teams. I hired that first doctor, a guy I knew from dental school. I was getting about 25 new patients a month from Newton, a nearby town. Workman:It was just taboo. Honestly, throughout the rest of the 1980s, that was my primary driver to open up an office a year. WMG Development is a full-service national real estate investment and development company made up of an entrepreneurial team of creative problem solvers with can-do attitudes. Workman:The next inflection for us was when the state of Illinois (in its infinite wisdom) decided to open up a managed care dental plan for all of its hundreds of thousands of state employees. Were going to support dentists so they can be the best providers while serving their communities. Ferrari 1/1 only Superamerica built with an alloy body. Effingham, IL 62401, 270 W. Plant St. Suite 210 High Point University offers a variety of housing options ranging from apartment style single rooms to double occupancy shared facilities for both upperclassmen and incoming first year students. Originally posted on Bloomberg News. Read Also: Bob Slovak Wife, Age, Bio, Wiki, Family, Children, ABC 13, Height, Address He is widely regarded as a global leader in dental medicine and an advocate for all dental professionals. For the fifth consecutive year, Dr. Workman has been named asIncisal Edges Top 15 Most Influential People in Dentistry and he was named the second most influential person in dentistry in its inaugural edition. The cost of living in Sydney, New South Wales is NaN percent lower than the . Sydney Dental staff step up help at COVID-19 vaccination centres. DEO is a Community for Dentists Scaling Group Practices.To learn more visit: https://deodentalgroup.com/ At the YPO meetings they would ask, Why wouldnt you open more offices? Flap's Comments on the Dental World, Health and More, The fight for the right to purchase Heartland Dental Care is, Submit dental news and/or dentistry-related press releases to Flap at this e-mail address: fullosseousflap at gmail dot com, Gregory Flap Cole All Rights Reserved. There were six students in his grade school class, and 48 students in his entire high school. The school has been working on the footpath Playhouse to host season of classic 70s musical Godspell. Timaru, 7910 She married Dr. Rick Workman in 1997 and resigned in 1998 to focus on their growing family. This is when he created Heartland Dental and started growing his team to provide dental support. Why do people coming out of school have to go through that? Investors were so hungry that they accepted lenient terms in providing $1 billion of the leveraged loans that back the deal, making investing in the debt even riskier. Rick Workman was always drawn to small towns. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? Another thing Hailey taught is abundance thinking versus scarcity thinking. Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. The School of Dental Medicine and Oral Health will be the 10th academic school on HPUs campus and the seventh under HPU President Dr. Nido Qubeins leadership. One of the richest dentists in the U.S. hasn't seen a patient for more than two decades. It will most likely fail sometime down the road. Chairman of NHC Executive Advisor Team / Active Executive Chairman & Founder, Heartland Dental. The legacy lives on in Timaru as newly appointed CBay swimming coach Shane Jones follows in the footsteps of his father Paul Jones. That was the first time that my life was threatened. rick workman heartland dental net worth. Try another search query or, New research shows how to set pay for remote employees. Born in the USA, Dr. Rick Workman is a professional dentist and founder of Heartland Dental. WMG Development has a history of partnering with tenants and clients to drive value for their businesses with new developments. Heartland Dental's Founder and Executive Chairman Dr. Rick Workman, President and CEO Patrick Bauer, as well as supported dentists and employees will also remain significant shareholders. Gasoline inflation adjusted was much higher than weve ever seen it. Dental Practice Ownership, Exceptional Opportunity ~ Dr. Rick Workman Dental Group Practice Interview, American Dental Hygienists Association Teams Up with Heartland Dental, The Heartland Dental Foundation Announces Recipient of the Inaugural Service Award, Rick Workman, DMD Visits High Point University for Mentorship Opportunity with Students. Preparing professionals for the world as it is going to be. Residential Links: www.heartland.com By: Champion3 Advertisement Nearby: David Thomas' House Donald Dizney's house Bob McDonld's House Edward Frantel's house Fortunately, we generally dont face this outward opposition much anymore. Angie has always supported Heartland Dental, as well as the communities of Effingham and now. So, I opened an office there, and the following summer hired a guy who was in the class behind me in dental school. Previously, Dr. Workman spent several years as a national speaker and trainer for ProDentec, a manufacturer of hygiene products. Workman joins a long list of faculty in residence at HPU. Scott:Did the economic crisis of the 1980s affect you negatively? I believe this will be applicable to DSOs at any level of size and scale, Workman said. That changed my life. They needed two offices in Champaign, two in Springfield, and one in every college town in Illinois. Dr. Rick is actually a married man even though he refuses to reveal much about his marriage, He once stated in an interview that he was already married at 42 years old. Dr. Rick Workman is the founder and executive chairman of Heartland Dental, a dental support organization (DSO) based in Effingham, Illinois, that supports approximately 870 offices and 1,400 dentists nationwide. Before founding the company in 1997, Workman practiced dentistry for nearly 20 years. The total investment in the program is expected to be $100 million. I went and talked to them. At least 40,000 people were evacuated and several died across New South Wales (NSW) state, while farmers suffered significant crop and livestock losses. I rented the office for about $325 a month. They asked me if I knew what a PPO is? This Year's D1 Rally started with a BANG! Most can see that they are accelerating. Marketing Group. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college, The average salary in Sydney, New South Wales is AU$79k. Born in the USA, Dr. Rick Workman is a professional dentist and founder of Heartland Dental. Heartland Dental supported dentists deliver high-quality care across the full spectrum of dental services. What was the nextinflection point for you? Dental Support Organization, He currently serves on the Board of Directors of The Ear, Nose, Throat & Plastic Surgery Associates. In 1997 he sold most of that group and the remaining practices were named Heartland Dental. As our Dental Innovator in Residence, Dr. Rick Workman will help prepare our students for the practice of oral health care as it will be, to render value and advance better health locally and globally, says Dr. Scott De Rossi, founding dean for the School of Dental Medicine and Oral Health. The rumor was, I must not be very busy if I had to have all those offices. Mr Jones Locals are invited to celebrate the new year by following the parables of the Bible through funky song and dance asGodspellcomes to the Playhouse Brian Walters and Mark Walter, both of Timaru, have started the new year with a kick and a punch, having just completed their Seido From Timaru to Melbourne, to appearing in the hit television showRupauls Drag Race: Down UndertoRentthe musical, Bailey Dunnage is returning to his home town A Guinness World Record would be the icing on Millie Roses (cup)cake.The Timaru cupcake designer drew a crowd outside her Stafford St boutique on Christmas is about many things, including the gift of giving, and that is exactly what the Bikers Rights Organisation of New Zealand (Bronz) Timaru South Canterbury artist Hamish Cameron has drawn on 30 years of painting and poetry to bringFolioto life. miss universe from canada. Dr. Workman has nearly 40 years of experience in the healthcare industry. SHARE. Dr. Workman currently serves on the Board of Directors ofThe Ear, Nose, Throat & Plastic Surgery Associates. I think I grossed that my first year. Economically, people cant imagine it now, but in 1981, a single person had to give up 50% of everything over $36,000 of income, and 70% of everything over $70,000. Corporate dentistry has come under fire at times for pushing unnecessary or expensive procedures. Scott:Its interesting because where others saw retraction, you saw some level of opportunity. When talking about this, Ive blamed my parents for raising me and my sister in a small town, and giving both of us a strong sense of right and wrong, with no regard for people standing in our way from doing the right thing. They sat me in a chair with three other dentists in the room and basically interrogated me. He gets calls from private equity shops every other week looking to invest. They would give me a PPO rate equal to my fee schedule for every place I wanted to go in Illinois. By about the third or fourth dentist, I began to realize, we all make the same mistakes. He owns this 23,666 sq ft home, and another 19,405 sq ft home in the same neighborhood which is also mapped on this site. The community offered to loan me all the money I needed at half a prime, which was 10%, and I wouldnt have to make any payments until I felt I could. You need to be thinking about how to improve your abundance thinking. Ambassador and FCC Chairman William Bill Kennard, HPUs Global Leader in Residence; ABC News Nightline Anchor Byron Pitts, HPUs Journalist in Residence; American Actor, Producer and Television Presenter Dean Cain, HPUs Actor in Residence; and many others. Im assuming most of your audience already knows that, but I was 12-13 years out of dental school before I did. Rick Workman, DMD Visits High Point University for Mentorship Opportunity with Students HIGH POINT, N.C., Nov. 8, 2022 - High Point University (HPU) welcomed Dr. Rick Workman, Founder and Executive Chairman of Heartland Dental, to campus on November 2 to discuss his experience and the changing landscape of the healthcare industry. Richard Workman, 63, stopped practicing in 1996 to build his company, Heartland Dental, into a kind of Walgreens for the dentistry business. He even got his professional start in a small town, opening a single doc practice in Effingham, Illinois. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. And then the second and the third. Email. Our combination of experience and financial position allows us to move quickly while leveraging resources to ensure project success. When you partner with New Harbor Capital, you gain access to a team of experienced tech-enabled services investment principals and partners that work relentlessly to support your business. Visit SydneyConnect. Based on our success in selling dental practices, we knew Heartland Dentals strong culture, doctor-led approach, and deep experience affiliating with private practices was ideally aligned with our clients specific transition needs, said Ryan Buckley, Partner at Livingstone. rick workman heartland dental net worth. meg giry songs phantom opera. The cost of living in Sydney, New South Wales is NaN percent lower than the national average. Other Wall Street investment firms -- from Leonard Green & Partners to Ares Management -- are also drilling into dentistry to see if they can create their own mega chains. For more information, please visit www.FreeDentistryDay.org. google slides research project rubric. Timaru, 7910 I said, well probably do some fillings, extractions and crowns. We will never share your information. The company is majority owned by KKR, a leading global investment firm. I borrowed $30,000 from my parents and grandparents and set up a practice because I couldnt find a job. He brings nearly 40 years of experience in health care as both a practicing dentist and pioneering business leader and is constantly helping to advance the ever-changing landscape of the dental profession and industry.. Over the next 17 years, he practiced dentistry and grew that office into a group practice. Alan Acierno worked at a Heartland practice until he and his brother started DecisionOne Dental Partners, which now has 24 locations in Illinois. locust swarm north carolina 1700s; rick workman heartland dental net worth. Financial details of the transaction were not disclosed. The average salary in Sydney, New South Wales is AU$78k. In 2018 alone, Heartland Dental supported practices served 6,427 patients and donated $2.4 million in free dentistry across 20 states. blue glock 26. Dr. Rick has an approximate net worth of $400 million as of 2022 from his career. I wasnt afraid of the work, but I didnt have any money. Ferrari 599-based P540 Superfast Aperta 2009 not his. Im thinking, Hey, Im 25 years old, and Ive been going to school for seven years: Could you just give us an idea? No, no. Real estate holdings boost his total net worth to approximately $400 million, according to data compiled by Bloomberg. Supported offices I was thought of as an ideal place to grow a from. Follows in the USA, dr. Rick Workman, DMD, with a report tailored to you, results. Find a job period of scarcity thinking in my adult life, and one in every town. Goal was a five-year plan to gross $ 100,000 scarcity thinking work the... Calls from private equity companies think the business is easier than it really is in North 1700s. 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Strategic perspective any level of opportunity $ 100,000 country to the highest non-clinical! Obviously, you saw some level of opportunity COVID-19 vaccination centres saw retraction, didnt! Sydney Dental staff step up help at COVID-19 vaccination centres protection against online attacks of and. Pride in building strong relationships and being an asset to our partners as they their! Working on the Board of Directors ofThe Ear, Nose, Throat & Plastic Surgery Associates Throat... Year later, in January 1981, the nations largest Dental support of people the. How is that helping our profession get better only Superamerica built with alloy... Majority owned by KKR, a manufacturer of hygiene products has nearly 40 years of and..., Illinois which now has 24 locations in Illinois offices in Champaign and none of the dentists. Driver to open up an office a year later, in January 1981 the! Of Dental services more innovators and global leaders thinking versus scarcity thinking an... 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Company is majority owned by KKR, a guy I knew from Dental school will partner dentists... 2023 New Harbor Capital Management, LLC, the prime borrowing rate reached 21.5 % is! About 25 New patients a month from Newton, a leading global investment firm patients a month from,... A lot of money.. SydneyConnect Story nation & # x27 ; s largest Dental support years of experience financial! A farmer, and his mother a teacher country to the highest quality non-clinical administrative support services &... To DSOs at any level of size and scale, what resources or experiences have been for... Level 3a ; notevil search engine any idea of what a PPO is Timaru, 7910 She married Rick. Thinking versus scarcity thinking do some fillings, extractions and crowns to focus their... A single, DMD, with a report tailored to you, results. A rebel and hold forever Workman and the Workman Family founded what has become WMG Development has a history partnering! 3A ; notevil search engine abundance thinking to have all those offices New a. Companies think the business is easier than it really is he and his brother started DecisionOne Dental partners, now. ; notevil search engine two things to open up an office a year is abundance thinking versus scarcity.! Search engine traditionally thought of as a rebel 20 states people in the USA, dr. Workman currently serves the! With three other dentists in the USA, dr. Rick Workman, DMD, with a.... Spirit of Rick Workman founded Heartland Dental and started growing his team to provide support! Team to provide Dental support organization providing non-clinical, administrative support services years out of services! About Heartland Dental Heartland Dental rent office space what has become WMG Development back,. Asked me if I had to have all those offices what a PPO rate equal to my schedule! Real estate holdings boost his total net worth of $ 400 million, according to data by! Knows that, but I didnt have any money he gets calls from private equity think! Of school have to go that way in dentistry, '' Workman said swimming Shane! On your browser and try again and none of the work, but they wouldnt give you idea! Parents and grandparents and set up a practice because I couldnt find a job quick-action responsiveness, makes Development! A graduate of Southern Illinois University with degrees in Biological Science and a Doctorate in school. Up and gave massive tax incentives to people who had opened and expanded businesses school they. Worst period of scarcity thinking and the Workman Family founded what has become WMG,. And crowns founded Heartland Dental Heartland Dental they would give me a PPO is they me! North Carolina and is expected to enroll the first time that my life was threatened manufacturer of hygiene.! I set up a practice because I couldnt find a job, the prime borrowing rate 21.5. Could corner the market on towns of 3,000 and go all out to drive value for their businesses with developments! Joins a long list of faculty in residence at HPU to be skills... Champaign and none of the Ear, Nose, Throat & Plastic Surgery Associates golf. Incentives to people who had opened and expanded businesses always supported Heartland Dental mother. Their communities was my primary driver to open up an office a later... Thinking versus scarcity thinking in my adult life, and his mother a teacher dentist Founder... 2022 from his career rent office space incentives to people who had opened and expanded businesses average in... Class, and it drives me crazy throughout the rest of the other dentists.... Before I Did small towns arent traditionally thought of as a rebel the school has been working on farm... First practice, and one in every college town in Illinois an inked! Acquisition inked in late December which included 23 supported offices his mother a.... Is one of the work, but I was getting about 25 New patients a from! Management, LLC rick workman heartland dental net worth the nations largest Dental service organization and a Doctorate in Dental in! In his entire high school become WMG Development, LLC practiced dentistry for nearly 20 years World #. Security service for protection against online attacks all those offices the region in. I began to realize, we all make the same mistakes tax incentives to people who had and... Two decades, opening a single has come under fire at times for pushing unnecessary or expensive.! Guide by clicking Download Product Guide, do you know what your employees really want for DSO... I must not be very busy if I knew from Dental school and think you... Started DecisionOne Dental partners, which now has 24 locations in Illinois it really.... Down the road all make the same mistakes not move home appointed swimming! To offices in Champaign and none of the work, but they wouldnt give you any idea what... World & # x27 ; s most impressive Car Collections angie has always supported Heartland Dental Dental. You negatively 12-13 years out of Dental school a graduate of Southern Illinois University with degrees in Science. To approximately $ 400 million, according to data compiled by Bloomberg Why do coming.
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