Kristen Sciolino, D.M.D., is an owner-dentist in Lincoln, Maine — population 4,853. As a dentist in a small, rural community, Dr. Sciolino said her family wouldn’t have it any other way. She is just one of many new dentists who have chosen to practice in a rural setting, whether it be in public health or at a private practice… Read More »
Editor’s note: This is the 12th article in a series exploring the business aspects of the dental profession, from starting a practice and marketing to hiring staff and finances. Decided to do a start up? Here’s a few pointers that may make you a little more successful in this venture: 1. A thorough demographic analysis. Although, I’ve seen… Read More »
I can remember my return to new dentist status like it was yesterday. Eighteen months ago, I was sitting on the steps of the George Washington Masonic National Memorial. I turned to one of my best friends, my mentor, and someone that I very much look up to, and asked for help. I asked him, “Why have I… Read More »
ADA Practice Transitions, an ADA Business Innovation Group service focused on helping dentists make the process of joining or leaving a practice both predictable and successful, began matching dentists on Nov. 1 in six additional states. Dentists seeking to join or purchase a practice in Indiana, Iowa, Kentucky, Michigan, Minnesota and New Hampshire, plus owners in those states… Read More »
Editor’s note: This features the winner in the “new build” category in the inaugural Design Innovation Awards, which recognize excellence in dental facilities that seamlessly combine esthetic appeal, function and design. The ADA Council on Dental Practice, ADA Member Advantage and BMO Harris Bank organize the Dental Innovation Awards. For more information on the awards, visit ADA.org/DIA. Austin,… Read More »
The purchase of an established practice offers some assurance of steady patient traffic and earnings production. Once dentists have identified such an opportunity, an acquisition may seem relatively easy. However, there can be challenges to evaluating a practice’s health and getting the acquisition closed. Here are some common bumps in the road: Information overload Setting expectations early as… Read More »