- Joined
- Oct 2, 2020
- Messages
- 39
- Reaction score
- 5
Is it easy to find job opportunities like this as an associate whether it’s a private practice or DSO? I want to have time on the weekends to pursue other ventures
Most new grads struggle to find full time work around here. Part time work sounds good until you consider the lower salary and no benefits. Most can’t afford to work part time with their debt payments every month, so they end up hopping around to different offices throughout the month.Is it easy to find job opportunities like this as an associate whether it’s a private practice or DSO? I want to have time on the weekends to pursue other ventures
Shouldn't be hard, I have a practice and barley have enough patient to keep it open 4 days (that's why I'm responding while sitting in my office, LOL), I know some of the corporations have the same issue and are only open 4 days unless they have pedo, perio, exo, endo days.Is it easy to find job opportunities like this as an associate whether it’s a private practice or DSO? I want to have time on the weekends to pursue other ventures
I wish I have the problem of having too many patients to treat and having too much work to do. I only have enough patients to keep my practice open 11 days/month. To add more patients and to create more work for me to do, I have to get a P/T job at corp office.Shouldn't be hard, I have a practice and barley have enough patient to keep it open 4 days (that's why I'm responding while sitting in my office, LOL), I know some of the corporations have the same issue and are only open 4 days unless they have pedo, perio, exo, endo days.
Where I am (OC California) that's really hard (even if you take Dentical), I used to own two practices one in LA county and another in OC and between both I was busy six days, now I'm down to one and not that busy, I've been thinking to open another office but then that has it's own set of problems (staffing, finding good associate and....). for now I'm taking it easy, at least my house and office are paid off ( I opened a brand new digital office for around $90K), so I can manage for now but I hate not to be more productive; I've been out of school for 7 years only, too soon to slow down.I wish I have the problem of having too many patients to treat and having too much work to do. I only have enough patients to keep my practice open 11 days/month. To add more patients and to create more work for me to do, I have to get a P/T job at corp office.
That's fantastic! how did you get the costs so low? how many ops is your practice?Where I am (OC California) that's really hard (even if you take Dentical), I used to own two practices one in LA county and another in OC and between both I was busy six days, now I'm down to one and not that busy, I've been thinking to open another office but then that has it's own set of problems (staffing, finding good associate and....). for now I'm taking it easy, at least my house and office are paid off ( I opened a brand new digital office for around $90K), so I can manage for now but I hate not to be more productive; I've been out of school for 7 years only, too soon to slow down.
I found an old dental office space with 3 ops, spent $20K on renovating flooring and cabinets and fixing the plumbing, another $27K on 3 dental chairs and the rest on computers and three cheap 55" TVs (mounted in front of patient chairs so they can see their Xrays and stuff), one portable X-ray and one sensor, vacuum, compressor, autoclave, dental supplies and tools, sales taxes, and office supplies (chairs and desks..). currently I work with one OM and one P/T RDA and keep my overhead as low as I can.That's fantastic! how did you get the costs so low? how many ops is your practice?
assuming you didn't fall for the latest and greatest 'all-in-one' packages from Henry Schein, A-dec etc
This is such a better plan than spending a ton of money to be a DSO "owner" or working as an associate indefinitely.I found an old dental office space with 3 ops, spent $20K on renovating flooring and cabinets and fixing the plumbing, another $27K on 3 dental chairs and the rest on computers and three cheap 55" TVs (mounted in front of patient chairs so they can see their Xrays and stuff), one portable X-ray and one sensor, vacuum, compressor, autoclave, dental supplies and tools, sales taxes, and office supplies (chairs and desks..). currently I work with one OM and one P/T RDA and keep my overhead as low as I can.
I found an old dental office space with 3 ops, spent $20K on renovating flooring and cabinets and fixing the plumbing, another $27K on 3 dental chairs and the rest on computers and three cheap 55" TVs (mounted in front of patient chairs so they can see their Xrays and stuff), one portable X-ray and one sensor, vacuum, compressor, autoclave, dental supplies and tools, sales taxes, and office supplies (chairs and desks..). currently I work with one OM and one P/T RDA and keep my overhead as low as I can.
Is the rent decent for 3 ops?I found an old dental office space with 3 ops, spent $20K on renovating flooring and cabinets and fixing the plumbing, another $27K on 3 dental chairs and the rest on computers and three cheap 55" TVs (mounted in front of patient chairs so they can see their Xrays and stuff), one portable X-ray and one sensor, vacuum, compressor, autoclave, dental supplies and tools, sales taxes, and office supplies (chairs and desks..). currently I work with one OM and one P/T RDA and keep my overhead as low as I can.
It's even better to work 3 days a week. LOL
It sounds like you have a great gig over there.After three years, I bought my current practice and the debt service on the practice and building was roughly 13k a month. It’s paid off now.
Currently we are still only open 4 days a week. We collect roughly 1M a year, with one dentist and 10 hyg days per week. We stopped accepting new patients two months ago, due to our schedule becoming booked out too far.
It sounds like you have a great gig over there.
I could be wrong, but you are probably in your mid 40’s now and walking away from a practice that produces a great income, and a building with 0 debt to go back to school and specialize in Pedo. Did you get bored working as a solo dentist in a rural area? Was your heart always in Pedo and you kept delaying to specialize because of the big debt that came with buying your first practice and building? Do you plan to own a Pedo office in the future after you finish your residency?
I’m few years younger and I too paid off practices and buildings debt, which was roughly about $33k a month, and I would REALLY hate myself if I walked away from my castle and started over again in a different direction. Although I live and work in a very urban area, I suppose I have other reasons not to start over again - compared to living and working in a rural area.
You are not wrong, lol. I’m 43, and yes, walking away from zero debt (other than the mortgage on our house).
There are a few reasons. I’m bored, intellectually. And when I was figuring out what I wanted to do about that, diving into the world of SHCN appealed to me.
Also, I’ve grown to be frustrated by the lack of care for peds patients in rural areas. If I refer a patient out, the closest pedodontist is an hour away and only takes kids up to age 3. Plus the wait to be seen is 3 months. Older and SHCN patients who require hospital care get sent hours away. And in reality, that often means they don’t go at all. Parents won’t take them. This all comes down to idea that there’s a very inefficient distribution of care. General dentists should be seeing more healthy kids. Pediatric dentists should be handing fewer “easy” kids, so that they can focus on the cases that really aren’t the scope of most general dentists. So I want to tackle this problem from both ends. On the one side, I can treat the medically complex and indigent patients in community health and university settings. On the other side, I can teach dental students and new graduates how to work with kids more in their own offices.
I’m tired of managing a practice. It’s not difficult, per se, but I’m bored with it. And really, now is the perfect time to make a change. We have no debt. We have made significant inroads into saving for retirement and our children’s college funds. We have no student loans. Our house is worth 70k more than when we bought it, so it’s a good time to sell that. I’m still young(ish) enough that I can do this, and work another 20 years if I want to.
In the end, yes, I would make more money staying where I am now. And I’d be content. But I wouldn’t be fulfilled.
Good for you man. Glad everything worked out for you. The kids in the community where you decide to practice pedo will be blessed and lucky to have you.I’m going back to school to specialize in peds.
This is inspiring. Congrats to you!You are not wrong, lol. I’m 43, and yes, walking away from zero debt (other than the mortgage on our house).
There are a few reasons. I’m bored, intellectually. And when I was figuring out what I wanted to do about that, diving into the world of SHCN appealed to me.
Also, I’ve grown to be frustrated by the lack of care for peds patients in rural areas. If I refer a patient out, the closest pedodontist is an hour away and only takes kids up to age 3. Plus the wait to be seen is 3 months. Older and SHCN patients who require hospital care get sent hours away. And in reality, that often means they don’t go at all. Parents won’t take them. This all comes down to idea that there’s a very inefficient distribution of care. General dentists should be seeing more healthy kids. Pediatric dentists should be handing fewer “easy” kids, so that they can focus on the cases that really aren’t the scope of most general dentists. So I want to tackle this problem from both ends. On the one side, I can treat the medically complex and indigent patients in community health and university settings. On the other side, I can teach dental students and new graduates how to work with kids more in their own offices.
I’m tired of managing a practice. It’s not difficult, per se, but I’m bored with it. And really, now is the perfect time to make a change. We have no debt. We have made significant inroads into saving for retirement and our children’s college funds. We have no student loans. Our house is worth 70k more than when we bought it, so it’s a good time to sell that. I’m still young(ish) enough that I can do this, and work another 20 years if I want to.
In the end, yes, I would make more money staying where I am now. And I’d be content. But I wouldn’t be fulfilled.