Thank you for your interest in joining our group
Transcription
Thank you for your interest in joining our group
Questions and Answers about Gentle Dental Partners Gentle Dental Partners Gentle Dental Vision Statement To develop a better system of delivering dental services to the public ¾ ¾ ¾ ¾ Gentle Dental of Massachusetts believes that a better way to deliver dental services to the public can be achieved by removing obstacles for patients and providing better access to these services. Non-clinical services that burden many stand-alone dental practices can be better provided by people trained and experienced in these non-clinical areas which allows dentists to focus on delivering the best care for their patients. The public will also benefit from enhanced communication amongst primary providers and specialists in the same facility. Gentle Dental believes that professionalism and the doctor’s quest to do what is most beneficial to their patients must be foremost and prevail over the business model of profit at the expense of the patient. Higher overhead and debt service for dentists has increased dramatically in recent years. This has resulted in undo pressure on those doctors to think about finances before patient welfare. Therefore it is predictable that the public will ultimately sense this and realize the intrinsic advantage, savings, and quality control in group dental practice. Gentle Dental Partners What is Your Philosophy of Care? ¾ ¾ ¾ ¾ Our offices are private multispecialty group Dental practices The Doctor is free to practice the type of Dentistry they feel is best for their patient The Doctor schedules the amount of time they feel they need to provide excellent care The Doctor chooses the laboratory and is encouraged to develop working relations with the technicians Gentle Dental Partners 409 Main Street, Wakefield, MA 274 Newbury Street, Boston, MA Gentle Dental Partners How do you Acquire Patients? ¾ ¾ ¾ Our 27 year reputation and our marketing program brought in 33,000 new patients in 2008 New patients are referred to the Dentist for comprehensive treatment planning and care The Director of the practice works to refer the optimal number of new patients to allow excellent care and keep the associate busy and productive Gentle Dental Partners Building Good Will The average solo practitioner gets 10 to 30 new patients per month from word of mouth referrals Our directors will work with you to determine how many new patients you can properly care for The practice will refer those patients to you and you will provide comprehensive care Gentle Dental Partners Gentle Dental Partners What is Success? ¾ ¾ ¾ ¾ We highly value patient retention and word of mouth referrals. That is our focus. Over half of our new patients are word of mouth referrals. All Dentists know that high quality dental work and financial production is important, but as an associate with no overhead or debt service, there is no pressure to meet an overhead. A Doctor may produce as little or as much as they are comfortable with, as long as the work is good and the patient is happy. Gentle Dental Partners What is Your Structure? ¾ ¾ ¾ Each practice is run by a practicing dentist. This partner/director owns equity in the company and profits from all of the practices together Partner/directors have autonomy in running their practice and create a unique culture in each office New partners generally come from successful associates that have the skills and would like to run a group practice Gentle Dental Partners Gentle Dental Partners Is There a Career with Gentle Dental Partners? Partners ¾ ¾ ¾ ¾ If you are a successful associate, you may be considered for directorship Directors are given an equity partnership opportunity The average practice director earned over $287,000 in 2008 Practice directors set their own hours. Most directors work four days per week Gentle Dental Partners How Does the Company add Value? ¾ ¾ Our headquarters in Waltham provides the non-clinical services that are necessary to run a dental practice Clinical issues and policies are left to the doctors in the individual practices Gentle Dental Partners Gentle Dental Home Office. Waltham, MA Gentle Dental Partners What are these non-clinical services? ¾ ¾ ¾ ¾ ¾ ¾ Human Resources Marketing/Advertising Technology Service Bookkeeping Physical Plant Maintenance Training Session at Waltham Home Office Compliance to government regulation (OSHA) (HIPAA) (EEOC) (ADA) etc. Gentle Dental Partners What are some of the benefits of joining Gentle Dental? Dental ¾ Continuing Education: ¾ ¾ ¾ Gentle Dental is an approved AGD sponsor for CE credits that offers 4-6 free courses per year for our Doctors Malpractice insurance premium reimbursement for doctors that reach a specified threshold Health insurance reimbursement for doctors that reach a specified threshold Gentle Dental Partners Evening Continuing Education class Gentle Dental Partners How am I paid? ¾ ¾ Associate may start with a guaranteed salary at the run rate of $100,000 per year ($50/hr) for a trial period of up to six months We have found that successful associates exceed that rate within three months then convert to a commission of 35% of collections splitting laboratory fees Gentle Dental Partners What is Your Culture? ¾ ¾ ¾ Gentle Dental Partners believes in participation and philanthropy within community and professional organizations We support and participate in the Massachusetts Dental Society, Yankee Dental, MDS Foundation, and the Boston dental schools We raise funds and donate to many charities such as the Red Cross and Dana Farber Gentle Dental Partners Gentle Dental Partners How Have You Been so Successful? ¾The demand for group practice is growing ¾Group practice is growing because the public likes the fact that specialists and primary providers work together in their interest ¾Patients appreciate the convenience of expanded hours and better emergency coverage ¾Most Dentists like working with other Dentists and having instant second opinions and specialty consults ¾Non-Dentists take care of non-clinical issues freeing up the Doctors to focus on patient care Gentle Dental Partners Gentle Dental Partners What is the true story? ¾ Gentle Dental Partners is the oldest, largest, and most successful group practice in New England. ¾ A Gentle Dental Partner earns more than the average solo practitioner ¾ A Gentle Dental Partner works fewer hours than the average solo practitioner ¾ There is less financial risk in our partnership than going into debt by buying a solo practice Gentle Dental Partners Group Practice is the Future If you have any other questions or if anything in this presentation differs from what you’ve heard about us, Please call us: (781) 647-0772 or email us: [email protected] Professional Recruitment Team Sam Shames DMD,MAGD Managing Partner David Russell DMD, MPH Professional Relations Barry Bornfriend MBA Chief of Operations Gentle Dental Partners