Dealing with Dental Malpractice
The most common malpractice claims occur after: 1. extraction procedures (extracting the wrong tooth, infections, etc.) 2. endodontic procedures…
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Completing Due Diligence Before Buying a Dental Practice
When considering the purchase of a dental practice, the dentist must perform the required due diligence. The dentist, his/her accountant, and law…
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Preparing for Practice Ownership – Building a Strong Team of Advisors
Buying a dental practice is one of the most significant purchases that a dentist will make in their career. A potential buyer of a dental practic…
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Prepare for a Department of Labor Wage & Hour Audit
When preparing for a Department of Labor Wage & Hour Audit, business owners should: • Gather, organize, and review payroll records before t…
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What is a Department of Labor Wage & Hour Audit?
The U. S. Department of Labor’s Wage and Hour Division ensures that employers comply with the Fair Labor and Standards Act. The Fair Labor and…
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The Department of Labor Audit – Documentation Requirements
When the Department of Labor comes knocking on the door, a business only has a certain time frame within which to turn over the requested documen…
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Employee Embezzlement – Know the Signs
Red Flags that Employee Embezzlement May Be Taking Place The following list describes signs that employee embezzlement may be taking place: FOR C…
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Employee Embezzlement – Reducing the Risk
Tips for Reducing the Risk of Embezzlement The practice owner should always: 1. Be involved with the front office 2. Never use or have a signatur…
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Employee Embezzlement – Account Auditing
Tips for Monitoring Your Bank Account Your Monthly Bank Statement Always have your monthly bank statements mailed to your home address, and check…
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Why Purchase an Existing Practice
Purchasing a practice is a life-changing event. Below is a list of the top 6 reasons to consider purchasing an existing dental practice: 1. Exper…
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Emergency Management: Protocols
Staff member calls the code for an emergency. Business Office Manager/ Receptionist activates the Emergency Management System, dismisses all pati…
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Creating an Emergency Management Plan
Most states dictate what your dental practice should include in their emergency management plan, including CPR certifications and external defibr…
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