Category Archives: New Dentist Finances

Apply for 2019 NHSC Loan Repayment Program

The National Health Service Corps is seeking clinicians, including dentists and dental hygienists, who want to serve the nation’s underserved rural, urban and tribal communities. The NHSC Loan Repayment Program (NHSC LRP) offers licensed primary care clinicians in eligible disciplines the opportunity to receive loan repayment up to $50,000. In exchange, participants serve for at least two years… Read More »

Top five dental benefit concerns of new dentists

New dentists may have many concerns when it comes to their patients’ dental plans, benefits and thirdparty payers, often because little of their dental school education relates to learning how to navigate these issues. Among the concerns are preauthorization requirements, delays in processing claims, claim denials, refund requests and the lack of assignment of benefits to nonparticipating dentists.… Read More »

Q&A: Taking advantage of the student loan interest deduction

Washington — In 2017 the ADA successfully advocated to ensure the dental profession benefits from the tax reform law that passed Congress. The Tax Cuts and Jobs Act was the first major rewrite of the U.S. tax code in more than 30 years and contained many changes that could affect dentists’ financial planning. With the 2019 filing deadline… Read More »

New service to help dentists with transitions

ADA Practice Transitions is a new service offered through ADA Business Innovations Group to foster relationships between dentists at key points in their careers. The purpose is to match dentists who are looking to join a practice with owners who are seeking a partner, associate or someone to purchase their practice. ADA Practice Transitions was developed after field… Read More »

Dreaming of Practice Ownership: Consider your ‘personal brand’ in your overall marketing mix

Editor’s note: This is the seventh article in a series of New Dentist Now blog posts on practice ownership from Wells Fargo Practice Finance, the practice lender endorsed by ADA Member Advantage. When you develop your marketing plan, keep in mind that your “personal brand” is an important element in the overall “marketing mix.” This final blog in… Read More »

Dreaming of Practice Ownership: Cash flow tips to help you start out strong

Editor’s note: This is the sixth article in a series of New Dentist Now blog posts on practice ownership from Wells Fargo Practice Finance, the practice lender endorsed by ADA Member Advantage. Healthy cash flow can be key to starting and ultimately “growing” any dental practice. This blog will offer some practical tips you can use to help… Read More »