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GPS Managing Finances Webinar: Making More Dollars and Sense through Strategic Practice Planning

Title slide from webinar GPS Managing Finances Webinar: Making More Dollars and Sense through Strategic Practice Planning

Dentists at all stages of their careers can benefit from creating an easy-to-follow strategic practice development and business plan that helps track how effective patient care and practice operations can impact the bottom line. 

While many dentists recognize the benefits of a plan, some worry that creating the plan + and following the plan = too much stress and frustration for the dentist and everyone on the team.

That doesn’t have to be the case. This on-demand webinar will walk you through the steps of designing a plan that considers the key business and legal issues that should be considered in that plan. 

This program is sponsored by the ADA Council on Dental Practice. It is the sixth in a series of webinars based on content from the ADA’s Guidelines for Practice Success™ (GPS™) modules and recaps some of the information available in the GPS module on Managing Finances

Following the program, participants will be able to:

  1. Identify the pros and cons of solo vs. group practice forms of ownership
  2. Use effective business, financial and operating systems to minimize stress
  3. Manage risks of all types associated with the profession of dentistry

 

About the presenters

Pamela Porembski, D.D.S.

Dr. Pamela Porembski, D.D.S., is the director of the ADA's Center for Dental Practice in the Practice Institute. She is a graduate of the University of Illinois College of Dentistry and practiced general dentistry in private practice in Chicago, taught in a dental hygiene program, and was a consultant with a dental benefits company before joining the staff of the American Dental Association.

William P. Prescott, Esq., M.B.A.-Executive Program

Bill Prescott’s entire career has been dedicated to supporting dentists. After working in the dental equipment and supply industry for 16+ years, Bill became an attorney and has spent nearly three decades representing dentists and dental specialists. His business focuses on associate buy-ins/owner buy-outs, succession planning, practice sales and acquisitions, valuations of group practice and solo group arrangements and group practice operations.

Bill has written several books on dental topics including Joining and Leaving the Dental Practice, Third Edition. ADA members can download this book for free via the ADA Center for Professional Success. Bill has also written numerous articles for various trade publications.

Bill is a member of and active volunteer in several professional associations and has been named a Fellow of the American College of Tax Counsel. He has been recognized for his preeminent legal ability and highest ethical standards by Martindale-Hubbell.

Resources

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