Upon graduating, dentists possess all of the skills and knowledge they need to succeed in general practice-with one notable exception. Few dental schools offer training in business.
This omission leaves new graduates ill-prepared to purchase and run dental practices, and the problem goes even deeper. As dentists advance in their field, the majority focus on studying the latest innovations in the science rather than methodology that could improve their business.
In Business Processes and Procedures Necessary for a Successful Dental Career, Kevin Coughlin, DMD, MBA, MAGD, offers the business skills so often neglected by the profession. An instructor of practice management at Tufts School of Medicine, Coughlin guides you through the information you need to make informed business decisions about your practice and your career.
After providing you with an understanding of macroeconomics and microeconomics, Coughlin discusses the types of insurance your practice needs, cash flow analysis, and how personal and business taxes affect you. You'll learn to develop a business plan for your practice and how to evaluate practices before buying or selling.
Educational and no-nonsense, Coughlin's advice is indispensable for both new and experienced dentists, helping you grow your practice in rewarding, robust directions.
About the Author: Kevin Coughlin, DMD, MBA, MAGD, has taught practice management at the Tufts School of Dental Medicine since 2006 and has experience with dental service organizations.
Coughlin practices dentistry every day and owns fourteen Massachusetts general practices with over 150 employees. He writes and speaks for Excellence in Dentistry and The Profitable Dentist and has bought and sold eighteen dental practices.
