Too often, we banker types throw around terms like “cash flow” and “cash flow analysis” as if they were common in everyday conversation. The reality …
Prove It!
There’s a reason great companies achieve greatness. There’s a reason that own one or not, few would argue that Mercedes Benz is one of the …
Owning a Practice and Liability for Others’ Treatment
As the claims administrator for the Dentists Advantage Program, Intercare Insurance Services handles a wide variety of dental claims, including those that arise from an …
4 Mistakes Every Young Dentist Should Avoid
The start of your clinical career will rank as one of the most exciting times of your life. But you will make some mistakes. We …
Be Debt Free and Own Your Practice Outright in Five Years
In Vegas, the casinos only have a one-percent advantage over the gambler, and the industry yields billions for the house each year. Wouldn’t it be …
Owning Your Own Practice – How to Avoid the Pitfalls
You’ve trained for years to become a dental professional, and now it’s time to make the leap into practice ownership. Whether purchasing your first practice …
Corporate Dentistry’s Impact on Practice Sales
By Jonathan S. Carey, D.M.D. The debate about big corporations taking over dentistry is certainly not a new one. Corporations and dental-management service organizations (DMSO) …
16 Critical Strategies to Increase or Maintain Practice Revenue
There are a number of strategies to boost practice revenues, while trying to survive in a PPO environment. Listed below are 16 key strategies. By …
Associateships – Everything You Need to Know
Today, most dental school graduates go one of two directions after graduation. Many go on to GPRs or other specialty school training. Most of the …
Should PPO Fees Or Full Fees Be Reported On Claims?
While it may be easier to bill the PPO fee when submitting claims, this is not wise from a business management point of view. The …
The New Normal: “Employee to Owner”
As dental-education debts continue to rise, more graduates fear that practice ownership may not be in their plans. With the average dental school debt as …
The Last Number First
You are thinking about buying your first practice, and your stress meter is red-lining. You’re lying awake at night with numbers tumbling in your head. …
Strategies For the Challenges Ahead in Private Practice
The dental profession is undergoing fundamental changes. The ever increasing presence of dental-management companies, i.e. “corporate dentistry,” the decrease in the number of private practices, …
5 Things You Must Do To Successfully Market your New Practice
Beginning the next phase of life as a new dentist is exciting, but careful planning is required to ensure you have priorities straight, realistic expectations …
The Times They Are A-Changin’
You can breathe a sigh of relief as your final clinic patients are complete and national and state boards are behind you. Perhaps you can …