Below is a list of items that every practice owner should be aware of.
The process of a dental practice transition involves several different contracts. Typically, after the practice owner has selected a potential buyer, that buyer will want to obtain financial or operational information about the practice.
Patient dental records are critical in documenting a patient’s care and treatment. The information contained in patient charts should be maintained in an organized, standardized fashion with clear, complete entries. Dental records must be maintained on a concurrent basis immediately after care is provided, results are obtained and reviewed, or communication with the patient is done either in person or via telephone.
There are many opportunities for employee embezzlement to occur in a business or practice. There are, however, certain steps you can take to help prevent employee embezzlement. You must be diligent.
- Make smart hiring decisions
- Screen all potential employees
- Conduct background checks on all employees
- Educate yourself on how employees embezzle
- Protect your signature and identity
- Learn how to use your computer system
- Check your day sheets, audit changes, preview daily reports and question all adjustments
- Make sure to verify all credit card charges
- Be visible, vary your schedule, practice what you preach
A business or practice owner must take the necessary steps to prevent embezzlement. Review your policies and procedures, and begin implementing the specific preventative safeguards.
Informed consent is critical to clear and comprehensive patient communication. Patients should be well informed on the results of examinations, problems or potential problems.
State laws guide the implementation of formal, written informed consent. All procedures should be performed only with full written and signed informed consent. Informed consent is required so that the patient is told of the type of procedure planned, its intended outcome and benefits, and potential complications.
If a procedure or treatment is refused, the patient should be required to sign a treatment refusal form. This form may protect you if a claim arises.
In every dental office, clear, active, and professional communication is a key principle for patient safety and risk management.
The need to effectively communicate with patients cannot be over emphasized. Communication with patients and families is important to ensure that they understand the findings of an examination and recommendations for treatment. Explanations of findings and recommendations should be provided in a manner that is easily understood by every patient; visual aids can be used if appropriate.
Studies have shown that effective communication with patients can reduce the risk of a Board complaint, claim or even lawsuit.
The Health Insurance Portability and Accountability Act of 1996 (HIPAA), as amended under the 2013 Final Rule, requires privacy regulations governing individually identifiable health information. These privacy rules establish a set of national standards for the protection of certain personal health information.