Episode 180: Is it Time to Hire a Dental Associate For Your Practice?
This is the audio version of the blog post: Is It Time for Help? Deciding When to Bring on an Associate Dentist
Strategic Considerations for Hiring an Associate Dentist
This episode explores the complexities of hiring an associate dentist for your practice. We discuss the strategic considerations, decision-making framework, pros and cons of this crucial decision, and its potential impact on patient care, practice profitability, and overall practice management.
Key Points:
- Evaluating your practice’s current status, growth goals, and patient load is essential before considering hiring an associate dentist.
- Candidate selection involves defining qualifications, skills, and potential partnership options, along with exploring various compensation models and legal considerations.
- Financial analysis, workflow adjustments, and long-term commitment considerations are vital in the decision-making process.
- Pros include increased patient capacity, practice growth facilitation, delegation of responsibilities, enhanced expertise, and potential future practice transition opportunities.
- Cons involve initial expense increases, staff adjustment challenges, and concerns about potential turnover, particularly with contract-based hires.
Conclusion:
Hiring an associate dentist requires a comprehensive understanding of strategic and practical implications. Collaboration with dental marketing experts can help map out a growth strategy to support practice goals and optimize the benefits of hiring an associate dentist.