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The ADA Practical Guide to Associateships: Success Strategies for Dentist-owners and Prospective Associates
     

The ADA Practical Guide to Associateships: Success Strategies for Dentist-owners and Prospective Associates

by American Dental Association
 
There's more than meets the eye to building a successful associateship. This practical guide offers strategies for tackling both logistical issues – such as the type of associate arrangement, compensation, contract terms, and buy-ins – and intangible ones, including interpersonal considerations and compatibility, developing a practice philosophy, and conducting a

Overview

There's more than meets the eye to building a successful associateship. This practical guide offers strategies for tackling both logistical issues – such as the type of associate arrangement, compensation, contract terms, and buy-ins – and intangible ones, including interpersonal considerations and compatibility, developing a practice philosophy, and conducting a goals assessment.

Ideal for either adding or becoming an associate, this valuable book explains:

• Common contract provisions, including compensation; sick leave, disability pay, and other benefits; restrictive covenants and nonsolicitation provisions; financing and income distribution; provisions for dissolution; and many more
• Differences between an employee and an independent contractor, including financial,
interpersonal, and tax considerations
• The phased buy-in/buy-out process
• Considerations for the dentist who is thinking about joining a large group practice

Also includes worksheets for cash flow, break-even and associate compensation analyses, as well as a sample associateship contract.

Table of Contents

Chapter 1: Associateships in General
Reasons to Become an Associate
Reasons to Add an Associate
Structures of Associateship Arrangements
Potential Problems
Types of Associate Arrangements

Chapter 2: Adding an Associate
Long-range Planning
Personal Assessment
Practice Assessment
Typical Features of Associate Agreements
Defining Factors of a Prospective Associate
Recruitment
General Considerations
Management Considerations
Interpersonal Considerations
Financial Considerations
Making the Decision

Chapter 3: Becoming an Associate
Is Associating for You?
Recommended Steps for Becoming an Associate or Entering a Time-share/Solo Group Agreement
What Type of Associateship Arrangement is Best for You?
Financial Considerations for Associate Arrangements
Control Considerations
Restrictive Considerations
Availability Considerations
Considerations Relating to an Associateship in a Large Group Practice

Chapter 4: Locating Candidates and Associateship Opportunities

Traditional Sources
Sample Advertisements
Sample Associate Dentist Job Description
Web-based Resources
Social Media
Making Contact
Sample Curriculum Vitae (CV)


Chapter 5: Candidate or Associateship Evaluation
Initial Screening
Comprehensive Evaluation
Issues for Prospective Associates
Specialty Care
Terms of the Contract
Issues for Prospective Associates and Group Practices
Issues for Dentist-owners

Chapter 6: Financial Compensation
Determining a Fair Level of Compensation
Who Pays Whom?
Compensation Methods
Compensation Examples
Phased Buy-ins and Buy-outs
Other Financial Compensation Considerations
Break-even Analysis for an Associate's Production

Chapter 7: Contractual Considerations
The Importance of a Written Contract
Classification Indicators
Employee or Independent Contractor?
Taxes, Social Security and Related Matters
Common Contract Provisions
Independent Contractor Sample Provisions
Time-share/Solo Group Sample Provisions
Sample Employee Associateship Agreement
Sample Independent Contractor Agreement

Product Details

BN ID:
2940148756217
Publisher:
American Dental Association
Publication date:
10/29/2013
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
97
File size:
2 MB

Meet the Author

The not-for-profit ADA is the nation's largest dental association, representing 157,000 dentist members. The premier source of oral health information, the ADA has advocated for the public's health and promoted the art and science of dentistry since 1859. The ADA's state-of-the-art research facilities develop and test dental products and materials that have advanced the practice of dentistry and made the patient experience more positive. The ADA Seal of Acceptance long has been a valuable and respected guide to consumer dental care products. The monthly The Journal of the American Dental Association (JADA) is the ADA's flagship publication and the best-read scientific journal in dentistry. For more information about ada catalog products, visit adacatalog.org.

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