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How to Sell or Partner With Private Equity

Dentistry Today

In a typical dental practice, the free cash flow or net income at the end of the year is typically distributed to the practice owners. In order to measure or create the actual EBITDA generated by a practice, one needs to “normalize” provider compensation. Every practice has each of these elements to some degree.

Insurance 189
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How much should you pay for malpractice insurance? $4,000? $5,000?

Dentistry Gone Digital

I just got off the phone with my insurance sales rep and they informed me that it would now cost me almost $11,000 to have malpractice insurance in New York City! Rising Malpractice Insurance Costs. Now, this post isn’t to put this malpractice insurance company on blast, I simply want to share my experience!

Insurance 147
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Purchasing Insurance

Dimensions of Dental Hygiene

Purchasing insurance prior to starting your career is a smart decision. Both professional liability (malpractice) and disability insurance should be obtained when practicing as a dental hygienist. Although not a common occurrence, dental hygienists can be sued for malpractice. Photo Credit: Moyo Studio / E+.

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Compensation plus benefits: Real talk for someone starting out in a dental practice

Dentistry Gone Digital

For those dentists just out of dental school or in the process of changing jobs as an associate from one dental practice to another, think of the power that is possessed when interviewing for that position. Dental school is completed and the ability to earn and learn while on the job is on the horizon.

Insurance 130
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8 Essential Factors to Consider Before Joining a DSO

Planet DDS

No doubt, DSOs are shifting the dental industry landscape. When did they purchase their first dental practice? What practices do they own in your city, region, or state? Are the DSOs goals, mission statement, and vision aligned with your practice? . Insurance and vendors: .

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Dentists: Prioritize Tax Planning on Your New Year’s Resolution List

Off the Cusp

Off the Cusp - Patterson Dental blog Read Time: 7 Minute, 5 Second The year is coming to a close, and with it, patient management, sales activities, supplier issues, insurance negotiations and staffing challenges. Here are a few strategies to start your personal, business, fiscal and tax year off right.

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Protect Your Dental Practice from Embezzlement

Planet DDS

Embezzlement has long been a prevalent problem within the dental industry. According to statistics published by the American Dental Association, 35% of dental practices have been embezzled once with 17% having been embezzled more than once. Read on to learn how you can protect your practice. . Emotional costs