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By: Mario Catalano, DDS, MAGD
Background: This edition of Malpractice Minute discusses a case involving an implant placed by a dentist who had limited experience with implantology, which resulted in injury to the inferior alveolar nerve and paresthesia.
Laura Cascella, The Medical Protective Company
Recent National Practitioner Data Bank reports indicate that healthcare-acquired infections (HCIs) have increased in ambulatory care settings. According to a guideline published by the American Academy of Pediatrics (AAP), “most outbreaks reported in outpatient settings were associated with noncompliance with infection control procedures.”1
By: William P. Prescott, Esq., E.M.B.A.
The purpose of Joining and Leaving the Dental Practice is to educate you, your spouse and advisors on all important business, legal and tax planning issues relative to your practice succession or entry choices.  This book recognizes that in any form of practice transition, you have a silent partner, the IRS, specifically in the complex are of co-ownership discussed in Chapter 11.  Please enjoy and provide me with your comments, questions and suggestions. 
By: Darla M. Pilgrim, EA, ATA, ATP, Partner, Gray Pilgrim and Associates, LLC
Overhead has to be reviewed carefully to make sure that you are looking at it from the right perspective. To just quote one number could cause...
By: Darla M. Pilgrim, EA, ATA, ATP, Partner, Gray Pilgrim and Associates, LLC
Entity choice is a big decision. The entity that you choose initially may not be the entity that you stay with your entire career. Choices range from a sole proprietorship, a limited liability company (LLC), a partnership (LLC or not), a C Corporation or an S Corporation...
By: Darla M. Pilgrim, EA, ATA, ATP, Partner, Gray Pilgrim and Associates, LLC
Your largest area of expense is that of staff with related taxes and fringe benefits, so review this first to see if there are any ways to reduce overtime or unnecessary hours. Running your practice well by understanding how to manage..
By: Rhonda Savage, DDS
I've always been a strong supporter of team incentive plans, and yes, they do still work. During 37 years in dentistry and in the consulting industry, I've seen motivated dental practices break production and growth records, regardless of the size of the practice. Without incentives, work can be just that: Work. Incentives can be fun, exciting and motivational, but bonus should be earned, not expected.What are some of my thoughts, regarding a well-done bonus plan?
By: Darla M. Pilgrim, EA, ATA, ATP, Partner, Gray Pilgrim and Associates, LLC
When someone is disgruntled, they really want to be heard. The worst thing you can do is try to shirk responsibility by deferring blame elsewhere. They want to have a chance to vent and they want to be listened to without immediate consideration for your personal liability or need to be right.
By: Darla M. Pilgrim, EA, ATA, ATP, Partner, Gray Pilgrim and Associates, LLC
This is very important, especially in a practice start up. The best way to know is to purchase a demographic study of the areas you are considering...
By: Darla M. Pilgrim, EA, ATA, ATP, Partner, Gray Pilgrim and Associates, LLC
If you don’t manage them, they will manage you. Most dentists don’t like to manage their team because they don’t like conflict. They want to be liked...
By: Darla M. Pilgrim, EA, ATA, ATP, Partner, Gray Pilgrim and Associates, LLC
To oversimplify it, it has to financially work for the purchaser or it isn’t priced appropriately. If you would arbitrarily put a price of a million dollars on a practice and both the buyer and seller agreed to it but...
By: Darla M. Pilgrim, EA, ATA, ATP, Partner, Gray Pilgrim and Associates, LLC
There is no one right answer for everyone. Sometimes it depends on what opportunities are currently available in the location you prefer. If there is an opportunity to purchase a practice that meets your goals then this may be a better option rather than starting from scratch. Some studies over the years have shown that the average dentist who purchased an ongoing practice...