Dental Practice Transition

Dental Practice Transition

Author: David G. Dunning

Publisher: John Wiley & Sons

Published: 2013-05-13

Total Pages: 409

ISBN-13: 1118704568

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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.


The Simple Guide to Selling Your Dental Practice for More Money

The Simple Guide to Selling Your Dental Practice for More Money

Author: Manfred Purtzki

Publisher:

Published: 2021-09-21

Total Pages: 106

ISBN-13: 9781777828707

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Do you want to sell your dental practice for more money than you ever thought possible? If you thought, "yes, of course," then The Simple Guide to Selling Your Practice for More Money is for you. Your dental practice transition can unlock the potential of one of your greatest assets, and can mean the difference between an okay retirement, and one that is everything you ever dreamed of. The Simple Guide is packed full of practical advice, money-making tips to boost revenue, and enough horror stories to make you sit up and pay attention. With tips for every stage of your career, this guide is an invaluable resource-because the most successful transition starts long before you put a price on your practice. In this book, you'll learn: How to maximize selling price by maximizing revenue How to choose the right transition model How to negotiate the best sale price and most favorable terms and more... It's never too late to use the advice in this guide to plan the sale of your dental practice, and it's never too early, either. You've worked hard for the practice you've built, now's the time to make sure it works for you. Manfred Purtzki is a CPA and dental practice transitions specialist with more than forty years' experience assisting dentists. He has been a contributor to the Just for Dentists newsletter (now a blog) since 1989 and is the author of several publications focusing on buying and selling dental practices. He is a popular speaker at dental conferences. Manfred launched Purtzki Transitions, a full-service practice transition and valuation firm in 1992.


Making Sense of Dental Practice Finance

Making Sense of Dental Practice Finance

Author: Mervyn Bright

Publisher: CRC Press

Published: 2017-11-06

Total Pages: 205

ISBN-13: 1498792359

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The training and culture of dental practice is based on clinical treatment and patient care. However in order to run their practices efficiently dentists and their staff must have business acumen and knowledge for which most are unprepared. This clear and authoritative guide presents the facts of practice finance explains how practice income can be maximised through its various sources and identifies the pitfalls and opportunities for further development. The 'New Contract' and reforms to the NHS system emphasize the need for the dental profession to respond effectively to the changed environment and this concise and comprehensive reference has been designed to meet this need.


The Strategic Dentist

The Strategic Dentist

Author: Ali Oromchian

Publisher: Createspace Independent Publishing Platform

Published: 2016-08

Total Pages: 110

ISBN-13: 9781537374246

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Here's Your Guide to Starting a Successful Dental Practice... To become a dentist, you must spend a tremendous amount of time and energy mastering the extensive knowledge required to practice clinical dentistry. However, most dentists are provided very little knowledge and education on how to become a successful practice owner or how to run a successful dental practice. This lack of knowledge often leads to costly mistakes for the new dentist. That's where we come in. We help dentists just like you start or purchase a successful dental practice without the costly mistakes. In this book, you will:� Learn how to set your goals and determine "Why" you want to be a practice owner.� Create a strategy to become a practice owner including choosing a legal entity.� Determine an ideal business location.� Analyze how much money you will need to get started.� Begin to create a business plan by planning for your business.� Learn how to hire employees to avoid liability. Most dentist underestimate the amount of work it takes to become a practice owner and therefore don't give it the full attention it deserves. Now you can start a successful dental practice and avoid the costly mistakes so many new dentists make. If you'd like to help, just visit www.StrategicDentists.com or call us at 925-999-8200 and we will take it from there.


Business Basics for Dentists

Business Basics for Dentists

Author: David O. Willis

Publisher: John Wiley & Sons

Published: 2013-03-05

Total Pages: 434

ISBN-13: 1118581660

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Dr. David Willis combines his experience as a practicing dentist, educator, MBA, and certified financial planner in this breakthrough text about managing a dental business. Rather than a checklist of steps for success, Business Basics for Dentists describes business, economic, marketing, and management principles and explains how to apply them to the dental practice. Dental students and new practitioners will learn how to use the core strategic and operational business philosophies to develop an effective dental practice. He provides the essential elements of a business course--management principles, economics, business finance, and financial analysis--without bogged down in too much detail. These are then related specifically to various aspects of running and managing a dental practice, including office communications, billing, inventory, and marketing the practice. All aspects of practice transition are approached: career opportunities, buying a practice, starting a new practice, multi-practitioner arrangements, practice valuation, and planning and developing a practice. Last, Willis included personal financial planning to ensure that the dentist is also planning for his own finances and retirement beyond the bounds of the practice.


The Practice Launchpad

The Practice Launchpad

Author: Taher Dhoon

Publisher:

Published: 2020-10-15

Total Pages: 220

ISBN-13:

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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.


By the Numbers

By the Numbers

Author: Addison Killeen

Publisher:

Published: 2018-01-05

Total Pages: 108

ISBN-13: 9781973856801

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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


Ultimate Guide to Dental Billing and Reporting

Ultimate Guide to Dental Billing and Reporting

Author: Josh Smith

Publisher: High Bridge Books

Published: 2021-07-02

Total Pages: 110

ISBN-13: 9781954943216

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"Ultimate Guide to Dental Billing and Reporting provides a proven, accessible, and easy-to-implement dental billing template for any dental office. All practices will benefit from the simplicity and positivity of this important guide. I really like the actual number examples and the templates for how to structure your day. It's great information and a must-have for all dental offices." -Dr. Christopher Comer, DMD FAGD, Savannah, GA "This book makes billing and insurance very easy to understand. It maps out a very concise approach to insurance and billing in the dental office. I have taken many CE courses on these topics over the years. This book not only gave a more complete picture of the billing and insurance process than I have seen previously but also gave an easy way to approach and implement the process in the dental office." -Dr. Michael Groover, DMD From Chaos and Confusion to Confidence and Cash Flow Making appointments. Filing claims. Answering the phone. Checking patients in and out. If you're an office manager or insurance coordinator, you know how challenging it is to run a dental office. And if you're new to the industry? Welcome - we're here to help you learn the ropes. Here's the truth: Every dental office's success depends on: Healthy production and collections Smooth patient flow Delivering the ultimate patient experience with a smile The lifeblood of any successful practice is a rock-solid dental billing process. This book is a step-by-step guide to a groundbreaking dental billing process written by a leader in the industry. You're about to learn how dental billing impacts the overall health of your practice. You'll finally understand the gems hidden inside your dental reporting and how to use them. Best of all? You'll leave billing chaos behind and take a major step toward healthy cash flow and confident mastery of your processes.


Dental Practice Hero

Dental Practice Hero

Author: Dr Paul Etchison

Publisher: Dental Practice Hero

Published: 2017-12-30

Total Pages: 264

ISBN-13: 9780999786307

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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


The Ultimate Guide to Doubling and Tripling Your Dental Practice Production

The Ultimate Guide to Doubling and Tripling Your Dental Practice Production

Author: Wendy Briggs

Publisher: Createspace Independent Publishing Platform

Published: 2015-02

Total Pages: 140

ISBN-13: 9781507858363

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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.