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How to Not Fail Miserably in Private Practice

How to Not Fail Miserably in Private Practice. Dr. Chris Salierno 2004-05 president. Disclosures. Pulse The Overhead Monster The Patient Experience The Dream Team Growth. Daily Monthly Quarterly Annually. Daily. Daily. Daily. Monthly. Monthly. Monthly. Monthly. Quarterly.

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How to Not Fail Miserably in Private Practice

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  1. How to Not Fail Miserably in Private Practice Dr. Chris Salierno 2004-05 president

  2. Disclosures

  3. Pulse The Overhead Monster The Patient Experience The Dream Team Growth

  4. Daily Monthly Quarterly Annually

  5. Daily

  6. Daily

  7. Daily

  8. Monthly

  9. Monthly

  10. Monthly

  11. Monthly

  12. Quarterly

  13. Quarterly

  14. Quarterly

  15. Income Statement (P&L) “How’d I do?” Income – Expenses = Net Income Balance Sheet “What am I worth?” Assets – Liabilities = Equity Annually

  16. Pulse The Overhead Monster The Patient Experience The Dream Team Growth

  17. Lab 10.3%

  18. My Guide to Paying Bills

  19. Preparation and Impression:Anesthetic: $0.52 ($25.98 per box of 50 of 2% lidocaine)Anesthetic syringe tip: $0.11Diamond burs: $1.80 ($45.40 for a 5 pack, assume 10 uses per bur, assume using two different diamond bur styles for prep)Retraction cord: $0.29Impression material: $10.83 ($108.29 per 4 cartridges, assume use of a heavy body and a medium body, assume 1/5 cartridge used of each per procedure)Impression material tips: $2.89 (a tip for heavy body, a tip for medium body, and a tip for the COE syringe)Triple tray: $0.90Total: $14.45 Provisional Fabrication:Bis-acryl for provisional: $9.60 ($192.53 for 76gm cartridge, assume 20 units per cartridge)Bis-acryl tip: $1.04Provisional cement: $2.00 ($80.25 for 2 cartridges, assume 20 units per cartridge)Provisional cement tip: $0.71Tray for matrix: $0.96 (47.95 for 50 pack)Matrix material: $ 4.38 ($210.00 for 12 pack, assume 1/4 cartridge used per procedure)Matrix material tip: $0.75Total: $19.44 Laboratory and Final Cementation:Laboratory costs: INSERT YOUR LAB FEE HEREPermanent cement: $5.46 (Rely-X Unicem is $218.30 per clicker dispenser,40 units per clicker)Total: $5.46 + your lab fee Miscellaneous Costs of Note:Assistant salary: $27.00 (assume $18 per hour)Front desk salary: $30.00 (assume $20 per hour)Rent: $10.27 (assume $5,000 per month, there are 730.48 hours in a month, so assume $6.84 per hour)Total: $67.27 GRAND TOTAL: $106.62 + your lab fee

  20. Pulse The Overhead Monster The Patient Experience The Dream Team Growth

  21. Really Expensive Dentistry General, Cosmetic, and Implant Dental Care

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