Category Archives: New Dentist Finances

Dentists urge lawmakers to reauthorize Higher Education Act, share student debt stories

Washington — “Can you imagine starting out your career owing more than you might pay for a house?” Those were the words of Dr. Raymond Jarvis, a dentist from Shreveport, Louisiana, in his statement for the record to the House Committee on Small Business and its June 12 hearing, The Doctor is Out. Rising Student Loan Debt and… Read More »

ADA Practice Transitions: A confidential process. A match with confidence.

ADA Practice Transitions, a pilot program being offered to dentists practicing or looking to practice in Maine and Wisconsin, has a confidential solution for your practice transition. Your Information, Your Timing: How We Keep Things Confidential ADA Practice Transitions understands how important confidentiality can be as you go through a career transition. Practice owners may not be ready… Read More »

Free webinar: Contracts, processing policies and their impact on your revenue

An important business decision any dentist makes is whether or not to sign a PPO agreement. There are many considerations a dentist should take into account before signing. This webinar, Contracts and Processing Policies: Impact on your Revenue, to be held June 6 at noon-1 p.m. CST, will discuss common contractual clauses within third-party payer contracts and their… Read More »

Make sure your business plan includes these 5 financial elements

Writing a business plan is an important early step in planning a dental practice. Whether you’re acquiring an existing practice, expanding a current practice or starting one from scratch, a business plan adds the necessary muscle to the skeleton of your idea. It also allows prospective lenders and investors to evaluate your request for funds, which is why detailed financial… Read More »

Location, location, location: Dental incomes vary depending on where you live

The average annual net income of general dentists in 2018 was $175,840 according to the U.S. Bureau of Labor Statistics. To be able to compare dentist incomes across states, the ADA Health Policy Institute performed additional analysis, adjusting the state-level average net incomes for cost of living. General dentists in Delaware ($263,912), Rhode Island ($255,211) and Alaska ($246,063)… Read More »

ADA Foundation: 5 funding opportunities for new dentists due May 31

Dr. David Whiston Leadership Award: This program annually provides two $5,000 awards – the Dr. David Whiston Leadership Award and the Henry Schein Cares Dr. David Whiston Leadership Award – to deserving individuals who have demonstrated leadership skills in efforts aimed at improving the oral health of the public. Application deadline: May 31. ADA Foundation Crest and Oral-B… Read More »