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About PazzoDDS

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  1. Firstly, let me say that my son informed me about this site and asked me to respond to a couple of posts - this being one of them. He will be applying to D school and is worried about all of the doom and gloom he reads. Really, there is no doom and gloom - dentistry is a great profession and this is a great time to be starting your career. You make some good points but many of the "unknowns" you speak of are really insignificant or irrelevant. I trust that you must be a new grad. Lab fees: come off of the associates gross production just as it would come off of the Owner's gross production. This is standard. Would you expect the owner to pay for your lab bill ? Doesn't make any sense. Disability and Malpractice : Malpractice insurance is issued by the provincial dental governing body. You get this when you pay for your license to practise. And why would the owner of the practice pay for your disability ? You are an independent contractor.....the owner has nothing to do with it if you get disabled. Anyway, the $150/month is really insignificant in the grand scheme of things. CE: You pay for your own CE. Again .....big deal. You can get all of your CE points without spending a dime if you choose to. Collection: Most cases the payment of 35 or 40% is paid on collection. How can the owner pay you for something he hasn't gotten paid for ? Bottom line is....if you don't think you'll get paid for that crown or endo - don't do it. Simple. Restrictive covenant: If you are signing the contract you know exactly what you are getting into. My advice.....don't sign anything. Work for a couple of years as an associate and then buy someone's practice. You won't have to worry about being "busy".......you'll have a full practice. Sure you'll be in significant debt but your income will soar. Plus you can sell the practice when you retire and the valie will only increase. Remember.... if you are an associate you do not own the practice and you are entitled to nothing.. The owner doesn't owe you anything - the owner is not your mother. Don't expect him to pay for your insurance, CE, the gas in your car or anything else. All he has to pay you is 40% of your net production. If you want anything more - buy your own practice. I have 2 associates now. There are no contracts and I don't prey on "naive grads." We hammered the details out verbally at the beginning and our work relationship is great. Practice is very busy and the associates are very busy and successful. There is a lot of money to be made in dentistry. Do good work, be honest and caring and treat others how you would like to be treated and everything will fall into place. Most importantly, don't listen to all of the pessemism about dentistry. The income potential in this field is pretty much as high as any other profession in this country. All the best to you.
  2. This is the most incredible post I have ever heard. Firstly, in a normal practice, just the hygiensits' billings more or less cover all of the office expenses (and then some!) I.E ...If the practice bills a million, the hygiene dept. should bill ~350k which will pay just about all the office overhead. DDS restorative production would be the "gravy" Mind you, this would be the ideal practice....or a very well run practice. With respect to the practice this person above is talking about, I ask...Is the Dentist not doing any dentistry ?If your hygienist is pumping out $150/hr and the average DDS is kicking out $300/hr how the heck can you only make 50 thousand dollars/yr ? Average hygienists make $40 - $50k a yr! My impression is that this poster is either grossly misinformed wrt the dental economics of this particular practice or perhaps her mother is not really a dentist but in a hygienist who owns a hygiene "practice". There is no way in hell any established dentist will only make $90k/yr. If this lady is in fact a dentist she'd be better off doing all of the hygiene services herself instead of having the hygienists work.....even in this case she'd still make well over $100k. Bottom line.......don't listen to the doom and gloom of dentistry. Most people don't know what the f$%^ they're talking about . Either ask a dentist how great the profession is . Your DDS will tell you how much he makes ...just ask him next time you're in the office.
  3. Anybody know if there are any US states that will allow a Canadian trained DDS to practise without writing the regional boards ? I have the US national boards parts 1 and 2 but haven't yet taken any regional exams. Any input would be much appreciated.
  4. ....Remember that these numbers represent gross billings not income. Even if a top FP bills 600k he is not taking home anywhere near that. Overhead!! my friends. Anyway, 600k in billings is really not much considering these guys work 60 hrs a week. An average DDS working 4 d a week with a couple hygienists can easily do > 800k. Never underestimate the earning potential of dentistry!
  5. I would recommend trying to associate in /buy a rural practice. Competition will be virtually nil and pt loyalty is second to none. Ck the journals....these practices always come up for sale. Have the owner stay on for 6 month - 1yr transition. Don't worry so much about $$. Just do good work, treat people well and everything will fall in to place.
  6. ...been out of school around 10 yrs. I own a practice. I work 4.5 days a week. >$300k - no problem. I would think that this is about average for an Ontario DDS who owns his own practice. I have many friends who make much more! If you are making much less either you are very unambitious or you have a serious personality problem. As an associate you should be making $110 - 150K...even if it is your first yr out of school. My associate makes over $100 k without pushing too hard at all. Dentistry is not an easy job physically or mentally, however, if you are putting in half an effort you will be very well compensated for your work. As a Canadian, I would recommend dentistry over any other profession. We have one of the last truly respectable professions that is not tarnished by our provincial or federal governments. Good Luck to all of you. Don't worry - the rewards are great as long as you treat your patients with the respect and honesty you would expect for yourself.
  7. ..what about dentistry ? only 7 or 8 years total university study, you basically set your own fees and your own hours. You can practise the type of dentistry you want with no government intervention. 200 k ++ /yr working 35 hrs. pretty shveet if you ask me!
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