Balancing Business With Professionalism

Patthoff, Donald E.

doi:10.14219/jada.archive.2003.0062

Cited by 2 publications

(3 citation statements)

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“…Profit rated very low on the list of features of a successful practice. This seems to fit with criticism of the 'dentistry as a business' model, 30 suggesting that dentists see themselves as healthcare professionals providing a valuable community service, rather than being profit orientated business owners.…”

Section: Discussionmentioning

confidence: 60%

“…This appears to contrast with beliefs about dentistry as a profession and the needs of patients coming before employees. 30 On the other hand, as practising professionals, patient focus may be taken as a given. Most of the survey questions were about the management aspects of dentistry, rather than clinical concerns, which may have shaped dentists' thinking when they arrived at the question about a successful practice.…”

Section: Discussionmentioning

confidence: 99%

“…29 In more modern times, there have been concerns about literature emphasizing the business aspects of dentistry over the vocational. 30 That is, dentistry has broader aims, such as serving the community and patient welfare over and above the income of the dentist. One research study, albeit only for orthodontists in the US, found that successful practices seek high quality results and respect from the community over personal or practice income.…”

Section: Small Business Skills For Private Dental Practicementioning

confidence: 99%

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Owners’ insights into private practice dentistry in New South Wales and the Australian Capital Territory

Fischer

Marchant

2010

Australian Dental Journal

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Background: The aim of this study was to investigate aspects of practice ownership including debt on graduation, the time period between graduation and acquiring practice ownership and small business skills.Methods: A mail survey of 400 dentists with practice ownership, in New South Wales (NSW) and the Australian Capital Territory (ACT), addressed demographics, setting up practice, technology and business management. Most respondents were male and nearly half had 20 years of practice ownership.Results: Dentists agreed with the need to be taught small business management skills. Average debt on graduation was AUD$18 000 and the figure was higher for post 1995 graduates. On average, it took five years to acquire some form of practice ownership, but nearly half acquired ownership within three years. Few favoured opening a new practice. Staff were the most frequently nominated contributors to a successful practice, with fees, profit and parking noted least frequently.Conclusions: There was no question that these experienced dentists thought small business skills should be taught to the dental fraternity. Given the significance of staff to a successful practice, dentists may need to learn more about advanced human resource management including professional development and performance management.

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Section: Discussionmentioning

confidence: 60%

Section: Discussionmentioning

confidence: 99%