Starting a dental practice is a big step for any dentist. Some dentists start their own practice from the ground up and others opt to purchase an existing dental practice. Regardless of the method you choose to start your practice, there are some key terms you must understand to ensure that your practice is legal. Once you understand the terms associated with opening a dental practice, you can help your staff to understand the terms. This, in turn, will lead to a more efficient office.

Action Steps
The best contacts and resources to help you get it done

Business owner's policy vs. malpractice insurance

Every dentist office should have an insurance policy. This can be called a business owner's policy or malpractice insurance. While the terms mean basically the same thing, there are some significant differences. A business owner's policy is more comprehensive. It covers the equipment and files in the practice, as well as protects your business from dissatisfied patients and instances of unintentional malpractice.

I recommend: Dentist's Advantage provides information on different types of insurance coverage you will need for your practice.

Licensure by reciprocity

Dental licensure refers to the type of dental license you have. Licensure by reciprocity means that although your license was issued by one agency or board, another agency or board is honoring it. This is done only by a formal agreement between the two and is only valid when both agencies have similar requirements.

I recommend: The American Dental Association provides in-depth information about dental licensure, including helpful information regarding licensure by reciprocity.

Sedation dentistry

In sedation dentistry, you provide your patients with a way to overcome dental anxiety through a combination of medications and other relaxation techniques. When you start a dental practice, you have to find a way to stand out from the crowd. Sedation dentistry, which requires a special license, provides this opportunity.

I recommend: Sedation Care provides information about sedation dentistry.

Dental insurance

A common misconception is that dental insurance is comprehensive insurance. However, unlike traditional health insurance, dental insurance is structured more as a discount plan than insurance. In almost every instance, a co-pay will be required from your patient. Knowing the specifics of dental insurance can help your staff to prepare your patients for the financial impact of the visit ahead of time, which can help to decrease delinquent accounts.

I recommend: You can find information about dental insurance on Animated-Teeth.com. This website details various types of plans.

Infection control

Infection control is necessary in any medical setting. It is what prevents illnesses and contagious diseases from getting passed from one person to another. Ensuring that your employees wash their hands, and using sanitizing equipment and disposable instruments are ways to encourage infection control.

I recommend: The Centers for Disease Control and Prevention website offers information, including slide slows, to help you to fully understand all the infection control measures necessary for a dental office.

Dental assistant vs. dental hygienist

A dental assistant is a person who helps the dentist by preparing equipment, sterilizing instruments and ensuring patient comfort during an office visit. A dental hygienist is licensed to perform certain procedures, such as routine cleanings on patients.

I recommend: The U.S. Department of Labor offers in-depth information about dental assistants. The information includes education requirements and normal job duties. American Dental Hygienists' Association provides an overview and educational requirements for dental hygienists.

Starting a dental practice can be a very exciting endeavor, but one that requires much accountability, organization skills and attention to patient care. Many people consider the entrepreneurial route, but it is a risky road to take, especially if you don't set yourself up for success. You don't have to set up a unique practice, but you should offer a one-of-a-kind service.

Anyone can start a business with the right attitude and financial backing. Competition will be fierce. You can't expect to put your feet up because it's your own business. On the contrary, you should expect to work very hard in the beginning. Before quitting your full time job to open a small dental practice startup business in hope of becoming your own boss, ask yourself the following:

1. Are you committed? It takes more than just a good idea to start dental practice services. It takes time, money and hard work.

2. If applicable, do you have the right partners? Friends are not always good business partners. Vet potential collaborators as objectively as possible.

3. Have you done your research to make sure there's demand for your service in your area?

Action Steps
The best contacts and resources to help you get it done

Start dental practice with credibility and get licensed

Businesses are legally required to obtain certain government licenses. Your state may regulate dental businesses via zoning and land use permits, federal and state employer tax ID numbers, and a business name certificate. Regulations vary from state to state, as do state agencies that do the regulating. There are online resources that can help you file these documents.

I recommend: Business Licenses is a fee-based online resource with statewide permits, including health licenses. FindLaw provides a detailed license and permit checklist for startup dental business owners to review.

Buy liability insurance when you launch a dental practice start up

Without insurance, a single accident or dissatisified customer could lead to a lawsuit that shuts you down. To protect yourself and your practice, set yourself up with comprehensive liability insurance. Medical malpractice insurance can protect you and your business, and cover your assets.

I recommend: Dentist's Advantage offers a specialty liability package endorsement. In addition to its liability insurance, it also offers business owner's insurance and workers' compensation. CoverMD.com provides a variety of insurance coverage options.

Partner with reliable suppliers when you open a dental practice start-up

As a dental business owner, it's imperative that you partner with suppliers that can help you build your practice. Your suppliers must be dependable, accommodating, offer a wide variety of products, and be reasonably priced. You want to build a long-term relationship with your suppliers, so they must share your interest caring for your clients.

I recommend: Best Buy Dental Supply features a large selection of dental supplies. Darby Dental includes a free goods quick reference guide, in addition to a quick ordering tool.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  When you first open dental practice startup services, you may decide to balance your own finances. But as your business grows, consider partnering with an accountant who can help you with tax issues, and help you build a financially sound company.