How To Buy Into A Dental Practice

Advertisement



  how to buy into a dental practice: Dental Practice Transition David G. Dunning, Brian M. Lange, 2013-05-13 Practice management is one of the key elements in the career of a dentist. Most dentists own their own practices and even associateships carry with them the prospect of management, accounting and dealing with health insurance providers. Dental Practice Transition: A Practical Guide to Management helps readers navigate through options such as starting a practice, associateships, and buying an existing practice with helpful information on business systems, marketing, staffing, and money management. With topics applicable to both recently graduated as well as established professionals, Dental Practice Transition is a comprehensive exposition of practice management from a dentist's perspective.
  how to buy into a dental practice: Partnerships in Dental Practice Marc B. Cooper, Marc B. Cooper Dds, 2009-06 WHY BUY THIS BOOK? Because It Answers the Hard Questions Economically, dental partnerships make great sense in terms of optimizing assets, sharing costs, increasing revenues and fine-tuning division of labor. Yet in the United States, over 80% of dentists practice solo, and this figure has held steady for decades. What causes this overwhelming and enduring pattern of dentists continuing to practice solo? Top practice management advisers now declare, One sure way to realize a return on investment in your practice is to transition the practice from a solo to a partnered enterprise. They recommend the best route to be through the process of associateship to partnership, selling 50% to the partner, then continuing to work in the practice and selling the remaining 50% downstream. This works only if and when the partnership works. What do you do with an expanded practice if the partnership doesn't work? The majority of dental associateships and partnerships underperform or fail altogether. Although no clear studies are available, a number of dental journals report the failure rate in dental partnerships to be somewhere between 70% and 90%. Why do dental partnerships have such an extremely high morbidity rate? Nearly all associateships and partnerships begin with tremendous goodwill, excitement and enthusiasm. The future appears extremely bright. However, it is not uncommon that within five years, the shine disappears and is replaced with dissatisfaction. What causes partnerships to unravel? When an associateship-to-partnership fails, the costs are extremely high in terms of money, time and emotional distress. The effect on staff performance and patient relations can be demoralizing as well. Partnership failure in dental practices costs hundreds of millions of dollars every year and untold emotional damage. What can be done to prevent this? Surveys reveal the majority of dentists have difficulty in communications, particularly with their associates or partners. Consequently, they are ineffective at handling problems directly, resolving conflicts and making mutual business decisions. What are the factors that thwart a dentist's ability to effectively communicate to an associate or partner? It seems dentists are in a quandary. A clear path to economic freedom and asset optimization exists through recruiting an associate and transitioning the associate to a partner. The problem is most dental partnerships don't work. This book provides answers to the most common and destructive issues and problems that cause dental partnerships to fail. If you are considering a partnership as a strategy, or if you currently have an associate or partner, this book will enhance your ability to succeed.
  how to buy into a dental practice: How to Buy a Dental Practice Brian D. Hanks, 2017-02-23 If you're thinking about buying a dental practice, you must read this book. Thousands of dentists go through the process of buying a dental practice every year. Did they choose a good practice? Did they buy at the right price? Did they buy at the right time? The stakes are high to get the RIGHT answers to those questions. Buy the wrong practice and you're looking at stress, money worries, angry staff and patients, and a frustrated family that doesn't see you as much as they'd like. Buy the right practice, like many do, and you have the foundation upon which to thrive - happy, relaxed, wealthy and positively impacting the lives of patients and living the life of your dreams. Unfortunately, the process of how to buy a dental practice remains a black box for the majority of buyers. Advice, tips and information are spread across magazines, blogs, online forums and podcasts with no easy way to tell the good advice from the bad. Until now. How to Buy a Dental Practice walks buyers step-by-step through the process of finding, analyzing, and purchasing a great dental practice. In this book you'll find answers to questions like: - How do I find a good practice? - How do I choose a good accountant and attorney? - How can I tell a good practice from a bad one? - When is the right time to sign a letter of intent? - What can I negotiate besides price? - How do I get a bank loan? - What do I do after I find a practice to buy? After reading this book, you will be armed with the specific knowledge and checklists to find, analyze and purchase the right practice for you.
  how to buy into a dental practice: Business, Legal, and Tax Planning for the Dental Practice William P. Prescott, 1994
  how to buy into a dental practice: Multi-Million Dollar Dental Practice Michael Kesner, 2009-01-01
  how to buy into a dental practice: Everything is Marketing Fred Joyal, 2009
  how to buy into a dental practice: Into Dental Practices Margaret Seward, 1997-02-28
  how to buy into a dental practice: Dental Benefits and Practice Management Michael M. Okuji, 2016-01-19 Dental Benefits and Practice Management: A Guide for Successful Practices is a practical tool that helps you manage your office in tune with the realities of modern dental practice. Written by both dentists and insurance industry professionals Practical explanations to effectively and legally process claims Describes the changes in dental practice management to make your practice patient centered Competitive strategies for dentists and organizations
  how to buy into a dental practice: Practice Dentistry Pain-Free Bethany Valachi, 2008-01-01 In her groundbreaking new book, Bethany Valachi has taken the problem of work-related pain in dentistry and distilled it into the basic 'whys¿ and 'hows¿ that are imperative to effective injury prevention and treatment. Solidly backed with over 300 scientific references, this comprehensive wellness guide raises the bar in the industry¿bridging the gap between occupational pain and dental ergonomics. Dentists, hygienists, assistants, faculty and students will find this book a valuable resource to:¿ Recognize pain syndromes unique to dentistry¿ Implement appropriate interventions for chronic back, neck, shoulder, hand or wrist pain¿ Select the proper equipment that fits you and your operatory¿ Correct damaging posture and body mechanics before they cause pain¿ Perform chairside stretches in your operatory to prevent microtrauma¿ Identify which exercises benefit dental professionals and which ones to avoidHealthcare professionals who treat dental professionals will find the book an invaluable resource to alleviate chronic pain syndromes.
  how to buy into a dental practice: Managing a Dental Practice the Genghis Khan Way Michael R. Young, 2016-03-23 Managing a Dental Practice the Genghis Khan Way shows you how to turn your practice into a successful business. Being an effective practice manager demands a clear vision, sufficient business knowledge and, above all, wise judgement. Never intended to be a theoretical book, this is a warts-and-all guide to managing a dental practice, written by s
  how to buy into a dental practice: Profit First for Dentists Barbara Stackhouse, Drew Hinrichs, 2021-05-25 Profit First for Dentists addresses the specific financial challenges dentists face in their businesses. Discover this simple cash flow system, immediately increase profits, and never again be in the dark about your money.
  how to buy into a dental practice: The Ultimate Guide to Doubling and Tripling Your Dental Practice Production Wendy Briggs, John Meis, 2015-02 What if everything you have been told about building a dental practice was wrong? Wendy Briggs and Dr. John Meis challenge dentists with this daily. Two top producers in their own practices reveal their 5-step system that any doctor can follow to double their production. They are showing you how you can create the income needed to grow your practice from what you already have! This means there is no output of money, until you have made the revenue and determined to re-invest that into your practice. That is the beauty of the system that they have laid out.
  how to buy into a dental practice: The Business of Dentistry Raj Rattan, George Manolescue, 2019-03-19 This book explores the interface between clinical dentistry and the management of a modern dental practice. It covers a range of business areas, including the principles of financial management and the use of financial ratios and indicators in relation to practice profitability. There will be an overview of modern marketing techniques including the concept of branding.
  how to buy into a dental practice: Basic Guide to Medical Emergencies in the Dental Practice Philip Jevon, 2014-05-12 The Basic Guide to Medical Emergencies in the Dental Practice is a must-have book for all dental care professionals and general dentists. Written in a clear and accessible style, this second edition has been fully revised and updated in line with the latest guidelines. Chapters cover such key topics as the ABCDE approach to patient assessment, resuscitation equipment, respiratory and cardiac disorders, paediatric emergencies, and legal and ethical issues. Readers will also find two brand new chapters on the principles of first aid, and drugs for medical emergencies. Follows Resuscitation Council (UK) Guidelines Companion website with self-assessment exercises, serving as revision as well as non-verifiable CPD credit Over 50% new images Student friendly colourful layout with learning outcomes
  how to buy into a dental practice: What They Don't Teach You in Dental School Jeffrey Anzalone, Jeffrey V. Anzalone, 2012-12-18 This books is an easy to follow step by step guide for the young dentist, dental student, or medical student that feels that starting a practice is too difficult to do on their own. Dr Anzalone breaks each topic down into an easy to decipher format which makes starting a practice idiot proof.
  how to buy into a dental practice: Buy Sell Merge Casey Gocel, William S. Barrett, 2019-09
  how to buy into a dental practice: Growing Your Dental Business Penny Reed, 2015-05-11 In dental school, you had a big dream for your career and future practice. If your dream has been derailed or you are feeling unfulfilled, Growing Your Dental Business will reveal five keys to growth, including how you can: Increase your new patient load Increase your active patients Increase your case acceptance ratios Increase office efficiency Increase hygiene membership If you feel like you have hit the wall, find out what others have done to move past obstacles and get the results they were looking for. Learn, apply the steps in this book, and maximize your results.
  how to buy into a dental practice: The Dental Practice "Jugglers" Ashley Latter, Alistair Mann, 2019-09-13 The picture of a juggler on the front cover is there for a reason, as a practice manager’s life is all about keeping all the many different balls in the air. In one moment, you are facilitating a meeting. In the next moment, you have to deal with a staffing issue. Then you are creating a new marketing strategy. In truth, you have a seemingly endless list of challenges and only a finite number of hours in the day to complete them. If that sounds like a typical day, then this book is for you. Discover how to do the following: —Hold more productive meetings—learn how to engage your employees, encouraging them to come up with original ideas. —Implement innovative time-management strategies and save at least an extra hour a day. —Motivate your team to a higher level of performance. —Manage upward and get your owners to buy into your vision. —Deal effectively with underperforming team members. —Delegate effectively—learn how to let go and actually enjoy the process. —Implement change and convince employees to buy into the transition and much more.
  how to buy into a dental practice: Dental Practice Hero Dr Paul Etchison, 2017-12-30 Dr. Etchison is not your average dentist. A visionary leader, he combines marketing and business knowledge, clinical excellence, and leadership to create a thriving growing practice. And he wants to share this special knowledge with you. It's time to set off on a quest to implement systems that take your practice to the next level inspire your team to greatness and help you become the visionary leader who can transform your practice and your life. In Dental Practice Hero, the reader will learn the systems Dr. Etchison used: -to grow his startup to 1M in collections the first year, and continue to grow 30-40% each year after to almost 3M in just 5 years and still growing! And all out of 5 ops! -to destress the day to day of running his practice, so that he could only do 3 days/week of clinical. -to become the leader that influences practice culture so positively, that practice growth becomes organic. Reviews: Paul's book has all the elements necessary to assess your practice as well as your life and make it exceptional. Most books written for dentists, are designed to provide some cheerleading, give you a few helpful nuggets to improve you practice, and then motivate you to sign up with their consulting services. This book, however, breaks down piece-by-piece every component of a highly functioning practice and provides the tools and insight to take your practice the highest level possible. You get ALL the nuggets needed to redesign your practice and in-effect create the life you desire. Thank you Paul for providing this book at a critical time when many dentists are scrambling to find the answers to an ever-changing field. - Dr. Lance Pietropola Dr. Paul's Book Dental Practice Hero is an easy to digest, real world entertaining look at the way all of us private practitioners should be practicing. He provides humor insight and a lot of great and easy to understand examples of what he is trying to get across to the reader. He organizes the book into subcategories that make it simple to tackle the issues we face in our dental offices one problem at a time. What I really enjoyed was how he uses a different perspective on how to view things we see as road blocks and turns them into manageable bumps in the road. A great read. Definitely recommend. Picked up a lot of great information that I should have implemented when I started working in private practice years ago. - Dr. David Sanders Dental Hero, is a must read for any entrepreneur. A truly inspiring and enjoyable piece of literature. Dr Etchison's philosophies are now at the core of how we practice/manage our business. - Dr. Sunil Kurup Great Guide for modern methods combined with compassionate dentistry. Comprehensive methods to differentiate your dental practice and increase you income! I have implemented the methods in the book and it has helped my office grow past 1.5M in a 1 doc practice with room to grow. - Dr. Joe Lee
  how to buy into a dental practice: Transforming Dentistry Together Shalin Patel, 2021-03-28 Why do some dentists have immediate success while others struggle to find growth personally and professionally? If you are a new or experienced dentist seeking more in your career by practicing with like-minded clinicians, hoping to earn more income, or striving to reach the peak of your potential through practice ownership, you are not alone! In this book, Dr. Shalin Patel shares his personal experiences from dental school, struggles throughout his first jobs, and the many lessons he has learned along the journey to building a Culture of Clinical Excellence. He offers guidance to train and empower teams to provide a best-in-class, evidence-based clinical standard of care that exceeds guest's expectations. Preparation is everything - success starts with knowledge and the actions you take today. Dr. Shalin Patel is a recognized leader in the field of dentistry. He focuses on achieving results in a quality-driven and guest-centric work environment. Dr. Patel has hired and trained hundreds of dentists and has a proven track record of building clinical teams around a cohesive growth strategy and dear leadership vision. DECA Dental Group's industry-leading reputation for doctor training along with the variety of pathways for long-term professional growth has positioned the company to become one of the most sought-after dentist partnership opportunities in the nation. Join the movement to Transform Dentistry Together!
  how to buy into a dental practice: Don’t Wait for the Tooth Fairy Ashley Latter, 2010-12-03 It makes no difference whether you are a National Health Dental Practice, or a top end Cosmetic Dental Practice, if you have a passion for providing excellent communication to your Patients, then you will love this book. You will discover; • How to turn patient enquires to your practice into an appointment • How to create the perfect consultation and patient journey • How to talk money with confidence and achieve the prices your services deserve • The secrets to becoming a true master of the art of persuasion • How to present solutions to patients, so they want to buy from you • How to work together as a team, so that you never drop the baton again • Help more of your patients say YES more often And more “I have known Ashley for a number of years and have attended many of his courses. I have always been impressed by his unique approach to a skill at which many dentists are poor- Sales & Communication. What makes this book different from the rest, is that it concentrates on the patient journey from initial enquiry to completion. With a mix of anecdotes and skills it highlights ways in which practices can move forward. A must for the whole practice team.” John Lewis Ghyllmount Dental
  how to buy into a dental practice: Practice Management for Dentists Kevin J. Lewis, 1989
  how to buy into a dental practice: Dentist to Dealmaker Nate Williams, 2020-08-22 I have worked as a dental Certified Public Accountant (CPA) and financial advisor since 2007. And for the past 12 years, working almost exclusively with owners of dental practices, I've invested far more than Malcolm Gladwell's required 10,000 hours into this profession (see Outliers,Malcolm Gladwell). More importantly, as a CPA, I see the world differently than the average person. For example, when you notice the cars other people drive, the houses they live in, the vacations they take, or the number of practices they own, you probably create an assumption of how well someone is doing financially. When I look at these things, I immediately think about the complexities of their tax returns and personal financial statements - and because I may actually be the one to prepare those tax returns, I'll know how well they're doing. Recently, a friend commented to me after returning from a trip to Orange County, CA, Everyone down there has so much money; I saw so many Porsches and BMWs and Mercedes... Like the rest of us, this friend has been conditioned to believe that if someone spends a lot of money, they must have a lot of money. This assumption, as I've learned from my insider position as a CPA, is flawed. The assumption that high spending equals doing well financially is like assuming that the guy who orders the Triple Bacon Cheeseburger must have a six pack! As a CPA and financial advisor, I have learned that the doctors who are doing well financially are those who have money in the bank, have financial peace of mind, and ultimately own assets that generate enough passive income to replace the income they earn by working in their practice. Over the last decade, I've studied success and failure alike. I've looked for and found patterns and behaviors and personalities and practices that lead to wealth; and I've found the same that lead to the prolonged indentured servitude so many doctors unfortunately experience. With a seasoned history of working with dental practice owners (or aspiring ones) like you, I've written this book in hopes it will provide you with everything you need to know about how to buy a dental practice that will carry you into what we call Financial Independence: the moment when you're free of debt and have enough passive income to pay for your current and future lifestyle.
  how to buy into a dental practice: DSO Secrets: The Ultimate Guide to Building Your Dental Empire Emmet Scott, 2021-11-16 Dental practice owners and their teams often dream of growing a successful dental group or DSO. Then complexity sets in. Today, successful practitioners have to survive the world of business: Marketing, Messaging, HR, Finance, Compliance. It's a lot for any team to manage. But there are DSOs out there that have already overcome these challenges-DSOs that hold the SECRETS dental groups need. DSO Secrets: The Ultimate Guide to Building Your Dental Empire uncovers those secrets, walking you step by step through the process of creating the doctor, team, and patient experience you've always wanted. Whether your goal is to be a top clinician in a single practice or to build your own multi-practice portfolio, this book has the resources you're looking for. Written by Emmet Scott, Co-Founder and CEO of Community Dental Partners, DSO Secrets shares the knowledge he used to build the brand into a $100 million DSO.
  how to buy into a dental practice: Fair Play Eve Rodsky, 2021-01-05 AN INSTANT NEW YORK TIMES BESTSELLER • A REESE'S BOOK CLUB PICK Tired, stressed, and in need of more help from your partner? Imagine running your household (and life!) in a new way... It started with the Sh*t I Do List. Tired of being the “shefault” parent responsible for all aspects of her busy household, Eve Rodsky counted up all the unpaid, invisible work she was doing for her family—and then sent that list to her husband, asking for things to change. His response was...underwhelming. Rodsky realized that simply identifying the issue of unequal labor on the home front wasn't enough: She needed a solution to this universal problem. Her sanity, identity, career, and marriage depended on it. The result is Fair Play: a time- and anxiety-saving system that offers couples a completely new way to divvy up domestic responsibilities. Rodsky interviewed more than five hundred men and women from all walks of life to figure out what the invisible work in a family actually entails and how to get it all done efficiently. With 4 easy-to-follow rules, 100 household tasks, and a series of conversation starters for you and your partner, Fair Play helps you prioritize what's important to your family and who should take the lead on every chore, from laundry to homework to dinner. “Winning” this game means rebalancing your home life, reigniting your relationship with your significant other, and reclaiming your Unicorn Space—the time to develop the skills and passions that keep you interested and interesting. Stop drowning in to-dos and lose some of that invisible workload that's pulling you down. Are you ready to try Fair Play? Let's deal you in.
  how to buy into a dental practice: Take Action Ann Marie Gorczyca, 2021-05
  how to buy into a dental practice: Dentistry, Dental Practice, and the Community Brian A. Burt, Stephen A. Eklund, 2005 Cram101 provides all of the highlights, notes, and practice tests to accompany most textbooks for all disciplines and levels.
  how to buy into a dental practice: How to Buy a Dental Practice: Volume 2 Brian Hanks, Heather Foutz, 2018-06-26 This book walks new and potential practice owners through the most important things to do (and what can wait!) to be successful running a newly purchased practice. In this book you'll find answers to questions like: When can I make changes in the office? How much do I pay myself and when? How do I market so I don't lose patients? How can I transition the dentistry in an office with established routines? How do I get the most out of my team and be a good boss? How do I know if buying a practice was a good financial move?
  how to buy into a dental practice: Understanding Dental Insurance Travis Campbell, 2022-02-10T00:00:00+01:00 Is Dental Insurance a Source of Problems, Frustration or Stress for Your Dental Practice? This is the most comprehensive guide ever written on the topic of dental insurance. It can serve as a training tool for those new to dental insurance, an in-depth reference for those more experienced, as well as a quick “look-up” for anyone with a question about today’s insurance landscape. Are you receiving reimbursement for 99% of your services including crowns and SRPs? Do you understand how to be highly profitable in today’s world of insurance? Is your team fully confident in the treatment plan estimates they provide patients? Do you know how to make dental insurance work for you instead of against you? If you answered no to any of these questions, you need this resource. Packed with information, illustrations, examples, tips, and case studies, this guide covers every aspect of dental insurance from claims for simple fillings to complex hybrid denture and implant cases in real life situations. It is a must-have reference for every dental office!
  how to buy into a dental practice: Medical and Dental Expenses , 1990
  how to buy into a dental practice: Dental Practice Transitions Handbook H. M. Smith, 2010-12 Any professional practice transition activity--whether buying, selling, or associating--is one of the most important events that will happen in your professional career. Making a mistake in the process can have long-lasting effects on any or all of the parties to a transition. Dental Practice Transitions Handbook will provide you with the answers to basic questions when considering any transition. It is not intended to replace the experts, brokers, consultants, attorneys, accountants, and financial advisors that should be consulted as you proceed through a transition, but it should give you an understanding of the process, what to expect, and a starting point from which to begin your journey. About the Author H. M. Smith has earned a masters in business administration and is founder of Professional Transitions, a dental practice transitions consulting firm. He has been involved in dentistry for over thirty-five years and is currently the director of Transition Strategies at the Pride Institute. He has lectured at the University of Florida and Nova Southeastern University, and has presented a practice management course on transition strategies to the University of the Pacific, Marquette, and Indiana University dental schools. Mr. Smith is past president of the ADS (American Dental Sales), a member of the Practice Valuation Study Group, and a member of the Institute of Business Appraisers. He has also written numerous articles for Dental Economics on transition subjects and issues. Endorsements If you now or ever will own, sell, or work in a dental practice this book is a must read. Hy's decades of experience in creating WIN-WIN-WIN (seller-buyer-patients) transactions is yours in a clear, concise, and entertaining account. Wherever you are in your career, the tools to create your ideal future lie within these pages. Gary M. DeWood, DDS, MS, Executive VP, Spear Education In my long experience of working with dentists at every phase of their professional careers, I have found that finding values-driven WIN-WIN advice in transitions to be difficult and frustrating. At the Pride Institute, we trust Hy Smith's integrity and expertise! Dentists deserve good, fair information and counsel that supports their transition choices. This book delivers. Amy Morgan, CEO, The Pride Institute No one knows more about buying or selling a professional practice than Hy Smith. My own transaction benefited greatly from his knowledge and thirty years of experience. I can't imagine anyone buying or selling without consulting this book first. Gerardo Santiago, DDS Buying or selling a practice is full of pitfalls. Trying to do so without the help of a consummate professional like Hy Smith is a folly. My own experience couldn't have been better, thanks to his firm. I would urge any professional to read this book and consult with Hy Smith before taking action. Ron Gillenwaters, DDS
  how to buy into a dental practice: Business Basics for Dentists James L. Harrison, David O. Willis, Charles K. Thieman, 2023-09-21 Business Basics for Dentists Concise yet comprehensive overview of business management principles tailored for dental practices, with strategies to apply the core concepts to achieve success Rather than presenting a rote checklist of steps for success, Business Basics for Dentists, Second Edition describes business, economic, marketing, and management principles and explains how to apply them to dental practice. Now fully updated throughout, this book provides the essential elements of a business course—management principles, economics, business finance, and financial analysis—without getting bogged down in too much detail. Dental students and new practitioners will learn how to use the core strategic and operational business philosophies to develop an effective dental practice. The business management principles are related to various aspects of running and managing a dental practice, including office communications, billing, inventory, and marketing. All aspects of practice transition are approached, including career opportunities, buying a practice, starting a new practice, multi-practitioner arrangements, practice valuation, and planning and developing a practice. The book also covers personal financial planning to ensure that the dentist is also planning for their finances and retirement beyond the bounds of the practice. Business Basics for Dentists, Second Edition covers: Personal money management and insurance needs, reducing the personal tax burden, estate planning, and securing financing Business entities, basic economics, the legal environment of the dental practice, financial statements, and business taxes and tax planning Management principles, planning the dental practice, financial analysis, and control in the dental office, maintaining production and collections, and gaining case acceptance Generating patients for the practice, controlling costs, promoting staff effectiveness, and maintaining daily operations Focusing on the transition period from a dental student, through corporate employee, to ownership, Business Basics for Dentists is a valuable tool for dental students and professionals seeking to further their career path through actionable advice from experts in the field.
  how to buy into a dental practice: The Practice Launchpad Taher Dhoon, David Maloley, Christopher Green, 2020-10-15 Dr. Chris Green and Dr. Taher Dhoon started The Practice Launchpad as a way to help fellow dentists on their journey toward practice ownership. With so much information at our fingertips, it's hard to know where to start, who to trust, and what to believe. This book provides best practices for each step of dental practice ownership, including insights from respected experts in dentistry. Whether you are looking to acquire a dental practice or do a start-up this book is like a playbook you can follow and flip to the chapter that applies to the current stage you are at for actionable content. The book also contains QR codes that go to landing pages, so as best practices evolve dentists can still have access to the best information available. Some of the expert contributors include Dr. David Maloley (The Relentless Dentist), Dr. Mark Costes (The Dentalpreneur), Design Ergonomics, HR for Health, CEDR, Dentagraphics, Marie Chatterley, Tower Realty, Ben Tuinei, Jonathan VanHorn, Scott Haberman, Dentist Advisors, Chris Phelps, Kiera Dent, Divergent Dental, Paul Etchison. Michael Arias, Swell CX, and more.
  how to buy into a dental practice: Building Or Refreshing Your Dental Practice American Dental Association, 2017-02 Provides expert insights and full-color photos related to building, renovating, or refreshing dental office space. Contributors include dental architects, design consultants, and practicing dentists.
  how to buy into a dental practice: By the Numbers Kevin Rossen, Addison Killeen, Addison Killeen Dds, 2019-08-26 Owning and operating a dental practice can be difficult and confusing. However, it doesn't have to be that hard! By The Numbers is a powerful guidebook to running your dental practice using the most powerful statistics available. Using these numbers, you will ensure profitability and success by only focusing on the numbers that make a significant difference in the daily operations of your dental practice. Here's a few of the things you'll find: - A step-by-step guide to purchasing your first or next dental office - Tax tips to save tens of thousands in the purchase agreement - The top 26 numbers that you need to run your entire operation - A few of the higher level numbers that will spur increased income growth- A Special Analytics section from Divergent Dental's CEO Kevin Rossen
  how to buy into a dental practice: By the Numbers Addison Killeen, 2018-01-05 Owning and operating a dental practice can be difficult and confusing. However, it doesn't have to be that hard! By The Numbers is a powerful guidebook to running your dental practice using the most powerful statistics available. Using these numbers, you will ensure profitability and success by only focusing on the numbers that make a significant difference in the daily operations of your dental practice.Here's a few of the things you'll find:- A step-by-step guide to purchasing your first or next dental office- Tax tips to save tens of thousands in the purchase agreement- The top 26 numbers that you need to run your entire operation- A few of the higher level numbers that will spur increased income growth
  how to buy into a dental practice: Dental Practice Transition David G. Dunning, Brian M. Lange, 2016-07-08 Dental Practice Transition: A Practical Guide to Management, Second Edition, helps readers navigate through options such as starting a practice, associateships, and buying an existing practice with helpful information on business systems, marketing, staffing, and money management. Unique comprehensive guide for the newly qualified dentist Covers key aspects of practice management and the transition into private practice Experienced editorial team provides a fresh, balanced and in-depth look at this vitally important subject New and expanded chapters on dental insurance, patient communication, personal finance, associateships, embezzlement, and dental service organizations
  how to buy into a dental practice: The White Coat Investor James M. Dahle, 2014-01 Written by a practicing emergency physician, The White Coat Investor is a high-yield manual that specifically deals with the financial issues facing medical students, residents, physicians, dentists, and similar high-income professionals. Doctors are highly-educated and extensively trained at making difficult diagnoses and performing life saving procedures. However, they receive little to no training in business, personal finance, investing, insurance, taxes, estate planning, and asset protection. This book fills in the gaps and will teach you to use your high income to escape from your student loans, provide for your family, build wealth, and stop getting ripped off by unscrupulous financial professionals. Straight talk and clear explanations allow the book to be easily digested by a novice to the subject matter yet the book also contains advanced concepts specific to physicians you won't find in other financial books. This book will teach you how to: Graduate from medical school with as little debt as possible Escape from student loans within two to five years of residency graduation Purchase the right types and amounts of insurance Decide when to buy a house and how much to spend on it Learn to invest in a sensible, low-cost and effective manner with or without the assistance of an advisor Avoid investments which are designed to be sold, not bought Select advisors who give great service and advice at a fair price Become a millionaire within five to ten years of residency graduation Use a Backdoor Roth IRA and Stealth IRA to boost your retirement funds and decrease your taxes Protect your hard-won assets from professional and personal lawsuits Avoid estate taxes, avoid probate, and ensure your children and your money go where you want when you die Minimize your tax burden, keeping more of your hard-earned money Decide between an employee job and an independent contractor job Choose between sole proprietorship, Limited Liability Company, S Corporation, and C Corporation Take a look at the first pages of the book by clicking on the Look Inside feature Praise For The White Coat Investor Much of my financial planning practice is helping doctors to correct mistakes that reading this book would have avoided in the first place. - Allan S. Roth, MBA, CPA, CFP(R), Author of How a Second Grader Beats Wall Street Jim Dahle has done a lot of thinking about the peculiar financial problems facing physicians, and you, lucky reader, are about to reap the bounty of both his experience and his research. - William J. Bernstein, MD, Author of The Investor's Manifesto and seven other investing books This book should be in every career counselor's office and delivered with every medical degree. - Rick Van Ness, Author of Common Sense Investing The White Coat Investor provides an expert consult for your finances. I now feel confident I can be a millionaire at 40 without feeling like a jerk. - Joe Jones, DO Jim Dahle has done for physician financial illiteracy what penicillin did for neurosyphilis. - Dennis Bethel, MD An excellent practical personal finance guide for physicians in training and in practice from a non biased source we can actually trust. - Greg E Wilde, M.D Scroll up, click the buy button, and get started today!
  how to buy into a dental practice: Managing Health and Safety in the Dental Practice Jane Bonehill, 2010-05-27 The main purpose of this book is to provide clear, straightforward information about the key requirements relating to health and safety in dental practices, with a practical and user-friendly approach to help manage these issues on a day-to-day basis. It assists practice managers, dentists, dental nurses and other team members in making health and safety 'second nature' by integrating it into their usual routine - thereby preventing accidents, addressing unacceptable working practices, and maintaining professional standards in order to ensure, so far as is reasonable, the protection of employees and patients. The book offers comprehensive coverage of all major topics, from the handling of hazardous substances to the management of medical emergencies. Each chapter includes: A tab for ease of reference A bulleted list outlining the scope of the chapter A list of figures An introduction to the subject and its relevance to the dental practice A list of key legislation relating to the subject The subject content broken down into sub-headings A summary to help reflection and recollection An action check list to measure against existing working practices frequently asked questions to assist in practical application Each topic is covered with specific reference to dental practice needs, with all the necessary detail but no excessive technicality. Ultimately, this book shows how a healthy and safe workplace is eminently achievable.
  how to buy into a dental practice: The New Dentist Journey Kevin Coughlin, 2017-10-04 Congratulations. You've graduated from dental school. So what exactly does that mean? For most new dentists it means a huge student debt and very little business knowledge to manage it. Dental school is very good at providing clinical skills. But once a dentist enters in the real world business skills are even more important than a pair of steady hands. Dr. Kevin Coughlin is an expert on the business of dentistry. Growing his practices from 1 to 14 during his career, he's learned what works and what doesn't. And he knows that once you get it right, it's not a great leap to replicate that success over and over again. Today, in addition to his work as an actual dentist, Dr. Coughlin coaches, consults and speaks to dentists across the country on how to build the practice of their dreams - based on proven processes and procedures. Some of the things your will learn in this book: - Should you be a corporate dentist, join a group practice or start or buy a solo practice? - What should you look for before signing any contracts? - How to use publicly available information to find out your the patient base, the types of insurance and types of procedures you should offer. - How dental compensation works and what you need to know; are you going to be on collection or production or a guaranteed salary or some combination of the two? - The most common mistakes all associates make. Visit www.Ascent-Dental-Solutions.com for more information
Ventilation Information for Dentistry - SDCEP
vents or from other rooms via gaps under doors etc. Supply systems deliver fresh air into the room, pushing the existing air out through positive pressure and thus encouraging the dilution …

Admission Test for Dental Hygiene (ATDH)
distributed lists of practice questions). The American Dental Association (ADA) recommends that you use textbooks and lecture notes as primary sources for study. The intent of the practice …

PRACTICE GUIDE & PATIENT INFORMATION LEAFLET - Sidcup Dental …
WELCOME TO SIDCUP DENTAL SURGERY: We are a well-established family practice and proud of the service that we provide to our patients. This leaflet introduces you to our practice. …

Diamond Court Dental Practice Decontamination/Infection …
9. Before use, all new dental instruments must be decontaminated. The appropriate decontamination method for new instruments must be followed, within the limits of the facilities …

Guidance on professional indemnity and insurance cover
entire scope of practice. Further support or advice about appropriate cover for you should be sought directly from an independent adviser. In order to meet their obligations to their patients, …

Dental compressed air and vacuum systems - NHS England
confusion they will be referred to as dental compressed air and vacuum systems (DAVS). Medical gas systems should not be used for dental purposes. However, it may be possible to extend a …

Dental Healthcare Professional Scope of Practice - Dental Council
The practice of providing dental healthcare requires the application of knowledge and the exercise of judgement and skill. This practice depends on your education, competency, knowledge, the …

Practice Success Series for Dentists Acquiring a Dental Practice
Acquiring a Dental Practice Wells Fargo Practice Finance Inside • Conducting due diligence ... evaluating, purchasing, and transitioning into a practice. We’re also here to help you through …

Student professionalism and fitness to practice standards for the ...
Patients need good dental professionals, who take care of them, are competent, keep their knowledge and skills up to date, are honest and act with integrity. The General Dental …

Setting standards in surface cleaning - schuelke
into account the increased use of high-tech dental equipment with sensitive surfaces such as digital X-ray displays, CT scanner monitors and ... The dental practice should have a local …

CHECKLIST: LETTER OF INTENT TO PURCHASE A DENTAL PRACTICE
practice off the market and not entertain any additional offers. www.wtplaw.com l 800.987.8705 Are you ready to be your own boss? Then it’s time to purchase a dental practice! When you …

Antimicrobial Prescribing in Dentistry for General Dental Good Practice ...
Dental Practice UK (FGDK[UK]), or as expressly permitted by law or by licence. Enquiries concerning the reproduction outside the scope of the above should be sent to the Faculty of …

Incorporating Dental Sleep Medicine Into Your Practice: …
into their practice. In their study of two dental practices, 28% of female patients and 67% of male patients were shown to have a high pretest probability of having at least mild sleep apnea. Al …

Student Professionalism and Fitness to Practise - General Dental …
2 Introduction for student dental professionals Standards for the Dental Team The standards you need to meet once you register with the GDC as a dental professional are covered in the …

Protocols and Guidelines for Management of Tuberculous …
The aerosols that form in the dental clinics from both the equipment and patient sources can cause droplet infections such as tuberculosis, influenza, sudden acute respiratory syndrome …

Oral health promotion: general dental practice
The guideline is for all members of the dental practice team. It is also for commissioners of dental services and those responsible for the education and training of dental professionals. (For …

Fire safety in the dental practice: a literature review - Lenus
dental practice include naked flames (Bunsen burners), lighting and electrical equipment. Anything that burns is a potential fuel and of particular note are dental chemicals and solvents, …

THE DENTAL PRACTICE ACT OF THE STATE OF ALABAMA - Dental …
1 Apr 2024 · and dental hygienist practicing in this state meets minimum requirements for safe practice. The practice of these professions is a privilege granted by the State. The Board of …

DENTAL PRACTICE RISK MANAGEMENT GUIDE - Dentists …
Dental Practice Risk Management Guide Page 7 Office Procedures – Dental Records Dental Charting A key component of establishing proper office procedures is developing …

TRAILBLAZER IN DENTAL HEALTH Dental Practice Manager
Role/Occupation Dental Practice Manager Level 4 Duration of Apprenticeship 24 months Role Profile The Practice Manager is responsible for managing all non-clinical aspects within a …

The Physician’s Guide to Selling a Medical Practice
In a small practice with several physician owners, each one typically owns an equal share. At the same time, there are often special arrangements that have to be kept in mind. For example, …

Transcultural Barriers and Cultural Competence in Dental Hygiene Practice
1 Apr 2021 · Aim: The aim of this paper is to highlight the need to integrate cultural care into dental hygiene practice. Background: Culture can be better understood through the concepts, …

DENTAL PRACTICE RISK MANAGEMENT GUIDE - Dentists …
Sample office manuals for dental practices are available through the American Dental Association (ADA) as well as various state dental associations. A typical dental office manual includes …

ADA Resources and Insights into Group Practice Dentistry
5 Jan 2024 · o HPI has improved its methodology for tracking how dental practice modality is changing in the U.S. A new analysis of 2022 data looks at two important, yet distinct, elements …

Oral health promotion: general dental practice
and practitioners are expected to take this guideline fully into account, alongside the individual needs, preferences and values of their patients or the people using their service. ... • Dental …

Who can claim free NHS dental care? - NHSBSA
Not all benefits entitle you to free NHS dental treatment. Check which type of benefit you get before signing your dental claim form. • Income Support • income-based Jobseeker’s …

ADA: Practice Questions for the Admission Test for Dental Hygiene
distributed lists of practice questions). The American Dental Association (ADA) recommends that you use textbooks and lecture notes as primary sources for study. The intent of the practice …

Informing Clients that a Dental Hygienist Is - CDHO
Leaving One Practice and Moving to Another . When a dental hygienist leaves a practice, there are things that need to be taken into consideration: The overriding principle when a dental …

Could situational judgement tests be used for selection into dental ...
1 Mar 2012 · Completion of dental vocational training (foundation year one) is a requirement for all UK dental graduates wishing to work as an NHS performer. The number of UK dental …

SCOPE OF PRACTICE - General Dental Council
4 SCOPE OF PRACTICE GENERAL DENTAL COUNCIL Dental nurses Dental nurses are registered dental professionals who provide clinical and other support to registrants and …

Medical and Dental Practice Act - tonga.tradeportal.org
PART II - THE MEDICAL AND DENTAL PRACTICE BOARD 3 Medical and Dental Practice Board (1) There shall be established for the purposes of this Act a Board to be called the Medical and …

New Dental Practice Checklist
opening a dental practice. • Your state or local dental society may also provide information. Employee Fidelity Bonds Employee Fidelity Bond is a surety bond that covers employers from …

Fire Safety and The Fire Marshal Role in Dental Practice
in June 2005 and came into force in October 2006. The Responsible Person named under the Order must ensure that a Fire Safety Risk Assessment is carried out, and recorded in writing, …

ERGONOMICS AND POSTURE GUIDELINES FOR ORAL …
Enough light from the overhead dental light is essential to ade-quately illuminate the inside of the patient’s mouth. The light beam of the operating light must be perpendicular to the working …

Clinical Practice Guidelines - American Dental Association
that have been documented as improving translation of CPGs into routine clinical practice (that is, guideline implementability, implementation science, and computable guidelines). Practical …

A Reference Guide for Postgraduate Dental Foundation Training …
a) Enable the dental practitioner to practise and improve their skills; b) Introduce the dental practitioner to all aspects of dental practice in primary care; c) Identify the dental practitioner’s …

Policy for incorporation of primary dental contracts - NHS England
2. Any practice that wishes to become a dental body corporate can request to do so provided it satisfies the relevant requirements. The requirement is that at least half of the directors of a …

EMERGENCY DRUGS IN THE DENTAL PRACTICE
BNF (2020) Prescribing in dental practice www.bnf.nice.org.uk accessed 05/04/20 BTS/SIGN (2019) 158 British guideline on the management of asthma www.brit-thoracic.org.uk accessed …

First Aid Part 1: First Aid Requirements in Dental Practice
dental practice, the nature and size of the practice and the practice’s history of any accidents should be taken into account. Consideration may also need to be given to the following: the …

Review Article Ethical and Legal Issues in Dental Practice - IJHSR
Ethical and Legal Issues in Dental Practice Vijay Kumar, Yashoda R, Manjunath P Puranik Public Health Dentistry, Government Dental College and Research Institute, Bangalore. ... As …

Student Professionalism and Fitness to Practise - General Dental …
The General Dental Council’s (GDC) role is to protect patients and maintain public confidence in the dental profession and its regulation. The law requires us to regulate the dental professions …

Dawley Dental Practice Practice Manager Job Description
-Keep the practice leaflet and other patient communications up to date. Administration -Keep all practice documentation up to date, including policies, procedures and handbooks. -Ensure the …

Cherry Tree Dental Care Patient Safety Reporting and Managing …
15. Patient safety will be discussed at practice meetings. All members of the team are encouraged to be critical about the practice and ask questions or challenge a process or procedure if they …

Integrating tobacco cessation into routine dental practice: protocol ...
grate cessation into routine dental care. In this paper, we present a protocol for doctoral research that aims to better understand how TC could be integrated into routine dental practice by …

Integrating sustainable waste management and procurement into …
procurement into daily practice will encourage the dental profession to tackle environmental change. Authors: Gavin J Wilson, Sagar Shah and Hannah Pugh*, Fellows on the Chief Dental …

Legal and Ethical Information Governance in Dental Practice
The Health and Care Act 2022 (the Act) which was passed into law in May 2022 contains the biggest reforms to the NHS in nearly a decade, laying the foundations to improve health …

Antimicrobial Prescribing in Dentistry: Good Practice Guidelines
Antimicrobial Prescribing in Dentistry: Good Practice Guidelines Chairside synopsis for common conditions Antimicrobial Prescribing in Dentistry: Good Practice Guidelines gives clear, simple …

Practice Success Series for Dentists Starting a Dental Practice
• Describe the location of the practice site: - Accessibility & parking: - Public transportation: - Signage: • Identify the competition in the area: Practice type 1 mile radius 3 mile radius 5 mile …

The Importance of Research in Dental Education and Practice
into dental practice. To make this a reality, however, all dental schools must make research, innovation and collaboration an even larger part of a modern educational experience. Dental …

Structuring Referrals to Dentistry - Safety Net Medical Home
Figure 6.1 demonstrates a common workflow for a primary care referral to specialty care, adapted for dental referrals. There are several key features of this workflow as it pertains to dental …