Run A Practice Without Practicing.

I met Sandhya Suresh who found the site on one of the search engines. Sandhya happened to live by me. He's an Indian national living in the U.S. with his wife who works in IT. Back home. Sadhya has two endodontic clinics which he is running remotely from abroad. In the U.S., he's looking to study for the ADA Part I exam but also pursuing other business ventures that would yield shorter term income. It was great meeting Sandhya and hope to collaborate with him on ideas over the forseeable future. I encourage others to contact me or get involved and contact me directly (acgarcia21@yahoo.com) or through this website's forums to join the conversation.

As we all know or will find out, the road to practicing dentistry is a long one with little or know financial recompense until you finish the courses. In a world where bank loans are drying up, only a few of the potential wealth of medical resources available to Americans can make it through this thin passage. This site will continue to solicit and build on ideas of our own and from others.

One idea Sandhya introduced to me is that we as foreign trained dentists can invest in and manage a practice, do dental assisting and office management from day one. We just need to plan and find an opportunity. Still a daunting task but perhaps easier or in some situations more palatable than the path offered by the ADA. We all still need to feed families be they our own or sending money back to our parents back home.

The idea is that in some cases you or you with a group of business partners perhaps other foreign trained dentists buy into an established practice or build one from scratch. You handle all the risk of starting a new business and the tasks off building a turn key dental office. You hire U.S. dental grad who has passed the boards to do the work and start making appointments. Partner with the dentist to build the practice. The assumption here is that there are dentists out there that want to practice but are not looking to take on the hugh debt and other workload of starting a practice. I imagine you should go into things knowing the dentists goals - work a few years in a place or in it for the long run. Then, go out and markket the dental office. Decide on a fair split between you and the dentists. I imagine something more than 50-50 since you are taking all the risk. If you're living in a good dental school town, perhaps you can leverage the fact that there is supply out there.

If the dentist is not in it for the long run, perhaps you work out a transition plan. I'd suggest being transparent with the dentist and let he/she work out with you a plan to build up, transition to a replacement dentists, and exit strategy. Knowing ahead of time lets you manage the expectations of your customers, the patients, that you may be interchanging dentists but you are also a trained dentists making sure the quality of work is there even though you can't practice in the U.S.

Sandyha came up with a great idea and I plan to expand on it. Perhaps I may even implement it myself with my wife Melissa in our hometown outside of Philadelphia. I'll start by guaging the interest of dental graduates on craigslist.com.

This will be a living arcticle which I may ammend or add other related arcticles to over time. I've just been to Drupalcon and have learned a lot of new methods for enhancing the website. I'd love to hear from the people joinging. I've got over 60 folks signed up but not returning or participating. I'll need to work on that and make the site more accessible to you all / get the site more organized.

Comments

opening practice...

hey..in which states is it possible to open a practice without US license..My uncle is a dentist in Pakistan and wants to open a practice here..he emailed texas board and was told no..i will appreciate if you have any info regarding this.
thanks

Some clarification on opening a practice....

If your uncle can immigrate here and has the money, the idea was that he could buy an existing practice or open a new one. He couldn't practice himself. He could work as an office manager, dental assistant. There's also nothing wrong with him giving opinions but he would need an American dentist to do the work and make the decisions.

I've met a few people on the site that are interested in putting together more details like business plans, possibly designing a practice management system to help ease the steps of doing this. Keep in touch for future developments on this site in 2010.

 

--Anthony

 

 

eugene's picture

partnership

Hi, my name is Eugene. I'm looking for a partnership to open a dental center lab and dental practice together. Currentley, I'm working as a dental instructor, and a ceramist. I would gladly appreaciate you time and getting back to me. Thanks a lot.

I will email you....

Good morning Eugene,

We're in the early stages of figuring out how a foreign trained dentist or group of them can do work in America.

I think they could do lab work like ceramist type work. My wife has also worked as a dental assistant. I would love to here your ideas. I will send you an email. Feel free to email me at acgarcia21@yahoo.com or catch me in IM if you happen to see me online.

 

Sorry it took so long to get back to you. I need a better way of reviewing comments put on this board. I wrote so many articles to get it started that comments don't pop out for me unless I am randomly searching for them.

Please let me know if you are notified of my reply via your email address. I am curious to see if this content management system configuration is emailing people on responses.

 

--Anthony

self employed

I am currently pursuing Postgraduate education(F1 visa) in Dentistry in US. I will be graduating in June 2012. i would like to know if i can start a new dental office/purchase a existing dental office/partner with someone to purchase and be self employed?