Practice Management

Videos

Editorial director Noah Levine speaks with Heartland Dental CEO Pat Bauer about how his dental group managed to continue its growth despite most practices shutting down for part of 2020 due to the COVID-19 pandemic.

You can still be the best dentist you want to be and just get the support: A conversation with Heartland Dental CEO Pat Bauer

Managing editor Stan Goff talks with Andrew Matta, DMD, about how North American Dental Group navigated the coronavirus disease 2019 pandemic and what Dr Matta sees ahead for the dental industry in 2021 and beyond the pandemic. 

How a Group Dental Practice is Navigating the COVID-19 Pandemic: A conversation with Andrew Matta, DMD, MBA, co-founder and chief medical officer for North American Dental Group

Bruce Bryen is a certified public accountant with over 45 years of experience and is a part of Baratz & Associates CPAs. He specializes in deferred compensation, such as retirement planning design; income and estate tax planning; determination of the proper organizational business structure; asset protection and structuring loan packages for presentation to financial institutions. He is experienced in providing litigation support services to dentists with Valuation and Expert Witness testimony in matrimonial and partnership dispute cases. He is also a financial writer for several dental journals. You may contact him at 609-502-0691 or at 

Articles

Capitalization, good advisers, and top-notch personnel make a successful dental service organization.

Steps needed to start a DSO

WILLIAM S. BARRETT, ESQ. provides more than twenty years of law experience. As the CEO of Mandelbaum Salsburg P.C., he has represented a wide range of businesses with a unique specialty in mergers and acquisitions. He also created the firm's National Dental Law Center, with the objective of setting the standard for the legal representation of dentists and dental specialists in practice transitions. Bill is known throughout the country as a deal maker, who gets things done.

 CASEY GOCEL, ESQ. is a seasoned transactional lawyer and equity partner of Mandelbaum Salsburg P.C. Casey specializes in corporate transactions as well as tax and estate planning.

While it is still possible for an individual dentist to successfully run an office independent of a greater corporate structure, today, private equity is recognizing the value of combining dental practices to create economies of scale, generate greater wealth for all concerned, and provide a solid return on their investment.

Doing deals with DSO

Lisa Newburger, a master's level social worker supervisor, helps audiences find humor in talking about tough topics. Her "in-your-face" style of presentations and writing will make you smile or just shock you into taking some action. Either way, she is very effective at empowering others to reach their goals and feel better about themselves. Her entertaining workshops are available for national and international audiences. Writing for the dental industry since 2010, she uses an alterego (Diana Directive) to illustrate her points in a sarcastic but effective way. Presentations can be scheduled by contacting Lisa at www.discussdirectives.com/dental.html.

When it comes to consultants, getting your employees on board is crucial.

Are Dental Consultants Clueless or Beneficial?

Mike Uretz is a nationally-recognized Dental software and Electronic Health Records (EHR) expert. Mike has helped hundreds of individual practices and multi-clinic groups properly evaluate and select software vendors and solutions, structure and negotiate pricing and contracts, provide implementation oversight and vendor management. Mike was a member of the Certification Commission for Health Information Technology EHR vendor certification workgroup, and has been a member of various federal and state working committees for EHR business practices and policy. Having been involved with the EHR Incentive program from day one, Mike has helped a number of states, to evaluate and select EHR vendors, structure contracts and agreements, and manage vendor issues. As co-chairman of the Best practices advisory committee for EHR Contracts, Mike has been instrumental in developing standards for structuring vendor contracts and pricing for use by state programs nationwide He is the founder and editorial director of DentalSoftwareAdvisor.com, a trusted and objective online resource on all matters related to dental software. He is also the point person for Advanstar’s coverage of dental EHRs and their evolving role in the dental industry and can be reached by e-mail at mikeu@dentalsoftwareadvisor.com.

EHRs will likely improve your cash flow and profitability as well.

Dental EHRs provide DSOs and groups with improved patient care

Deborah Swanson is a coordinator for the Real Caregivers Program at allheart.com, a site dedicated to celebrating medical professionals and their journeys. She keeps busy interviewing caregivers and writing about them, and she loves gardening.

Pros and cons for new dental school grads to consider.

Dental franchise vs. independent practice

Consider the pros and cons of each model before making your final decision.

Should you sell your practice to a start-up or fully operational DSO?

Technology continues to improve, but vendors are still lacking these three critical opportunities.

Key elements missing from group software

Marni Jameson Carey is the executive director of the Association of Independent Doctors, a national nonprofit designed to support America’s independent doctors, stop the trend of healthcare consolidation and, thus, reduce healthcare costs and improve access and quality. An award-winning journalist, Ms. Jameson was formerly a senior health reporter for Tribune Media, writing for the Los Angeles Times and the Orlando Sentinel. She is past president and founder of a medical marketing firm, author of four books, a nationally syndicated columnist, and frequent TV guest and speaker. Since joining AID in 2014, Ms. Jameson has been featured in more than 50 media outlets, including NBC, FOX, Bloomberg, Becker’s, Modern Healthcare and Medical Economics. 

In an era where private practice ownership is declining, more dentists are banding together to fight insurance companies and dental groups. 

Group Practice