Once you’ve completed dental school and obtained your license to practice, it’s time to explore your options for employment. Some new dentists decide to transition right into operating their own practice. Many instead opt to join existing practices as dental associates as a means of gaining experience and perhaps establishing an...
Staying Ahead of the Compliance Curve for California Dentists
Dental practices account for a specific niche within the healthcare industry, but they are still required to comply with a range of laws at both federal and state levels. California, in particular, tends to have strict laws related to healthcare providers and businesses in general.
As a provider of...
Understanding Dental Practice Appraisals
Dental practice appraisals help the buyer and seller agree to a fair price for the sale of a practice, making them similar to home or property appraisals. Of course, there are only two instances in which you will ever need to acquire a dental practice appraisal, those being when you purchase a...
Liability Waivers in Dental Practices: Navigating Legal Waters for Patients
Having patients at your dental practice sign liability waivers may seem like an easy way to limit your legal exposure, but they won’t automatically protect your practice from a potential lawsuit. You need to understand what these documents can and cannot do and how a poorly written liability waiver may create more...
Exit Strategies for Dental Practice Owners
Before you sell or close your thriving dental business, you need to develop and implement a solid exit strategy.
This is even more important if you are retiring from the workforce entirely. A good exit strategy can ensure a relaxing retirement, but a poor one can hinder your retirement...
Telehealth in Dentistry: Legal Regulations
As more aspects of life become digital, it shouldn’t be surprising that medical services have entered the digital sphere. Telehealth — including teledentistry — is now practiced to some extent in every state. If you are considering adding teledentistry to your existing practice, you should understand how state and federal regulations affect...
What You Need to Know About Contracts With Dental Suppliers
Dental supplies play a huge role in the daily operation of a dental office, and running out of inventory can cause major disruptions, inconveniences, and lost revenue.
That’s why establishing contracts with dental suppliers is so important, giving you peace of mind that your office is always well stocked....
Financial Compliance Audits for Dental Clinics
When you’re busy running a dental office, conducting in-house financial compliance audits might not be at the top of your to-do list. However, auditing your financial practices can be a major step toward avoiding an IRS audit or ending up in trouble with a governmental agency.
The good news...
Financial Management for Dental Startups
Opening your very own dental practice is an exciting endeavor that can bring countless benefits to your life. However, within the first few months and years of opening your business, you’ll face a lot of challenges, including the steep financial learning curve.
When it comes to financial management for...
Patient Records Management: Compliance and Best Practices
Effective patient records management can be one of the most challenging aspects of running a dental practice. Ensuring your patients’ records are handled correctly allows your practice to run smoothly and helps you provide patients with the best care possible.
However, good recordkeeping isn’t just a best practice —...
