Category: Dental CPA Blog

In recent posts, we’ve discussed how you can improve patient service through better dental practice performance. You should have a core understanding of what issues to look for, what certain numbers and metrics mean, and how to handle them. In our final post of the series, we’re giving you the key expense areas as benchmarks,…Read More→

Many patients’ dental insurance benefits are on a calendar year basis, with a use-it-or-lose-it policy. According to the National Association of Dental Plans, less than three percent of people with PPO dental insurance used their dental plan’s maximum benefit. Therefore, the end of the year tends to be busier as these patients scramble to get…Read More→

Dentistry is changing, for the better. However, women still face barriers to success based on decades of traditional gender roles in the workplace. Consider the following: Compared to a male dentist who owns a private dental practice, a woman dentist makes, on average, 34 percent less. Male dentists are 22 percent more likely to own…Read More→

This month, DentalCPAs is celebrating Women in Dentistry. Even though roughly half of dental school graduates are female, women still represent just 30 percent of dentists nationwide. In September, discussions on our blog and social media will focus on the contributions and unique challenges of women in dentistry. Follow us on Facebook, Twitter, and LinkedIn…Read More→

We know the dental industry is changing. Take, for example, the rise in dental service organizations (DSOs) and group practices, an aging population, an increase in specialty practices, and the impact of technology. Did you also know that for the first time, the number of male and female dental school graduates is about equal? Women…Read More→

During my many buyer representation engagements, I tend to see some common issues when it comes to practice valuations that sellers could have avoided to help maintain their practice values. Here are some of those areas. Clean Record Keeping: Remember, buyers and their advisors will be picking over your information, it’s like inviting someone into…Read More→

Dentists looking to purchase existing practices may face a big price tag – between $300,000 and $500,000 on average – but still benefit from historically low interest rates. Dental loans remain among the lowest default rates and are considered safer risks for lenders, but that doesn’t mean your loan application will get pushed through without…Read More→

  If you’ve decided to open a new dental practice or expand your current office, choosing the location is probably one of the most important decisions you’ll make. Some factors that go into this decision are straightforward, like avoiding too much competition, but other aspects of choosing a location require more research than you might…Read More→

    Are you buying a dental practice? Even if you have a great relationship with the selling dentist, it’s still a business transaction. As such, you want to take measures to protect yourself and your future practice with restrictive covenants. Below, we outline the two main types of restrictive covenants – non-competes and non-solicitation…Read More→

  Buying your first dental practice is exciting and a little scary. For young dentists, buying your own practice is perhaps the biggest investment you’ll make in your career. The practice loan and your student loan debt can seem overwhelming, but the payoff can be great and the chance to be your own boss is…Read More→