Practice Ownership Program
View the above video for a quick preview of what the Practice Ownership Program is all about!
SATURDAY, MARCH 18, 2023
All too often, the decision on if and when to own a dental practice becomes an emotional journey rather than a business decision, with massive school debt often obscuring the big picture. This first-of-its-kind session will offer dental students, residents and associates the ability to expand one’s lens to fix their focus on long-term success, with the full disclosure of both the benefits and obstacles of owning a dental practice. With new dentists, established practice owners and dental-specific professionals together in one room, this program is packed with insight and tools to kick off your career.
PERKS FOR STUDENT AND RESIDENT ATTENDEES
- Complimentary two-night stay at the Westin Peachtree Plaza*, which has shuttle access to the Hinman Dental Meeting ($520 value) * As of February 6, 2023, the complimentary two-night hotel stay offer has been sold out, but students can still register for the full-day session.
- Free admission to Hinman’s Friday Night Out event on March 17 ($25 value)
- Lunch during the Saturday session ($30 value)
SCHEDULE OF EVENTS
9:00 AM
Owning Your Dental Practice: The Bridge to Financial Freedom with Charles Loretto
Suggested Audience: Students, Residents, Associates
Cain Watters & Associates and NDP Partner Charles Loretto shares insight taken from 35 years of experience advising dentists on how to financially reach their goals. This interactive presentation offers a realistic view of practice ownership versus an employee and how it impacts doctors both financially and professionally. Charles will weigh the risks, consider debt and evaluate each option associated with becoming a new owner, entering a partnership, buying an existing practice or working as a partner in a corporate dentistry environment.
During this lecture, attendees will understand the necessary qualifications needed before starting a new practice or finding an existing partnership opportunity. It will provide details on the key elements to study before purchasing a practice like location, patient mix, type of transition and more, and how to negotiate the deal financially once you find the practice of your dreams.
10:30 AM
The Grand Slam: Early Years of Private Practice with Dr. Mark Hyman, DDS MAGD
Suggested Audience: Students, Residents, Associates
Dr. Mark Hyman, an adjunct full professor and Special Assistant to the Office of the Dean at the University of North Carolina Adams School of Dentistry, will share the keys to managing a successful practice and providing world-class service. Dr. Hyman will leverage his 32 years of experience in full-time, real-world private practice as well as teaching and advocating for relationship-based optimal care dentistry.
Students, residents and associates will walk away from this course knowing how to implement the critical steps to renew a practice, discover the potential issues involved in handling new patients and utilize new techniques for keeping the team focused and enthused.
12:00 PM
Lunch
Suggested Audience: Students, Residents, Associates, Owners
Complimentary lunch will be provided for attendees.
12:20 PM
Transition Panel
Suggested Audience: Students, Residents, Associates, Owners
Attendees will have the opportunity to ask questions and engage in a panel discussion with practice owners, hearing their experiences and insight to get real-life stories from doctors who have walked this path themselves.
1:30 PM
Meet-and-Greet Networking Session
Suggested Audience: Students, Residents, Associates, Owners
This portion of the program will serve as a networking opportunity for students/residents/associates to meet with established senior doctors.
ATTEND AS A STUDENT/RESIDENT/ASSOCIATE
COST
For dental students, residents or associates, a fee of $75 is required to secure your spot in the Practice Ownership Program. For students and residents only, registering for this program will also allow you to receive a complimentary two-night hotel stay ($520 value) and admission to Hinman’s Friday Night Out event ($25 value). You will be responsible for any incidental charges. Hotel parking is $55 per night. *Note: As of February 6, 2023, the complimentary two-night hotel stay offer has been sold out, but students can still register for the full-day session.*
There are registration fees to attend the Hinman Dental Meeting for individuals who are not dental students or residents.
HOW TO REGISTER
To register for the Practice Ownership Program, please follow the steps below. Note that a limited amount of hotel rooms are available for the first 100 students/residents who register.
1. Register for the Hinman Dental Meeting beginning December 6, 2022.
2. Add the Practice Ownership Program (course number Sa274a - 3 hours of CE). This is where you will pay your $75 fee.
3. Be sure to check out and pay for the course to be eligible for the complimentary hotel and party tickets!
For students and residents:
Book your hotel room at the Westin Peachtree Plaza by following this link. If possible, please try to room with a classmate or friend. When booking, you will be prompted to provide your credit card information to pay for any incidentals and late cancellations.
Terms & Conditions:
- February 24, 2023 at 11:59 p.m. EST is the cutoff date for booking or cancelling your hotel room.
- If you cancel before February 24, your card will not be charged for the room.
- If you cancel after February 24, you are financially liable for the room through your card on file.
- If you do not show up to the event, you are financially liable for the room through your card on file.
- If you attend the program and check into your hotel room, your room will be 100% paid for.
*Note: As of February 6, 2023, the complimentary two-night hotel stay offer has been sold out, but students can still register for the full-day session.
ATTEND AS A CURRENT PRACTICE OWNER
Current practice owners are invited to join the Practice Ownership Program at 12 p.m. Take this opportunity to meet with future owners, share your experience and gain an inside look at the questions and concerns that dental students may have as they begin their careers.
By attending this program, you’ll engage in a panel discussion with other practice owners to hear their stories and answer the ownership questions that are on the minds of new doctors. You’ll also participate in a networking session with students, residents and associates to share your experience and meet with individuals who may be looking for the right practice opportunity.
COST
For current practice owners, a fee of $75 is required to secure your spot in the Practice Ownership Program. Note that there are additional registration fees to attend the Hinman Dental Meeting for individuals who are not dental students or residents.
HOW TO REGISTER
1. Register for the Hinman Dental Meeting beginning December 6, 2022.
2. Add the Practice Ownership Program (course number Sa274b – 1 hour of CE) on the Hinman registration platform. This is where you will pay your $75 fee.
3. Be sure to check out and pay for the course to secure your spot!
The Thomas P. Hinman Dental Meeting is an AGD PACE recognized provider. Each attendee is responsible for maintaining all CE documentation and submitting it to the appropriate licensing body. CE requirements differ from state to state. Check with your state board for specific requirements. For more information on Hinman’s continuing education credits, visit this webpage.
QUESTIONS?
If you have any questions, please email JoEllen DeLeon at joellend@ndptransitions.com.
SPONSORS OF THE PRACTICE OWNERSHIP PROGRAM:
