Orthodontic Practice Opportunity – East Bay, Northern California

Well-established and thriving large private pediatric dental practice, located in East Bay, Northern California, is currently seeking an orthodontist to expand their services to provide comprehensive orthodontic treatment to their patients. The practice is a highly esteemed pediatric group practice searching for a self-motivated, quality-oriented, highly skilled individual who will develop and grow the orthodontic specialty. The position requires a minimum of three years experience post-residency. Candidate must be team oriented, have exceptional communication skills, and exhibit integrity and ethics in their clinical approach. This is a unique full-time opportunity with immediate growth potential. The practice desires an individual who is ready for a long-term commitment to join the highly trained, compassionate team of professionals.

To learn more about this available orthodontic practice opportunity please contact Shannon Patterson, Bentson Clark & Copple’s Director of Practice Opportunities & Executive Recruiting. She can be reached via email at shannon@bentsonclark.com or via phone at 1-800-621-4664.

Click here to view additional practice opportunities available from Bentson Clark & Copple.

Orthodontic Practice Opportunity – West Cobb County, GA

This is an excellent opportunity for an orthodontist to join an established multi-location orthodontic practice located in West Cobb County, Georgia. This practice opportunity is for a full-time lead associate. A competitive employment package is offered for this multi-year employment opportunity. The ideal candidate is for this associateship is available to begin working by March 2013 and eligible for Georgia licensure.

Cobb County is one of the five counties that constituents the Atlanta Metropolitan Area. Cobb County is situated immediately outside the northwest city limits of Atlanta. It has been considered a fast growing area for many years and has become a highly populated metropolitan suburb.

To learn more about this available orthodontic practice opportunity please contact Shannon Patterson, Bentson Clark & Copple’s Director of Practice Opportunities & Executive Recruiting. She can be reached via email at shannon@bentsonclark.com or via phone at 1-800-621-4664.

Click here to view additional practice opportunities available from Bentson Clark & Copple.

Orthodontic Practice Opportunity – San Francisco, CA

This is an excellent opportunity for an orthodontist to join a high quality practice located in San Francisco, California. This practice opportunity is for the position of a near term orthodontic associate. This is a three-to-four day a week employment opportunity leading to an equity/partnership interest. This practice has state of art technology with multiple locations. The current practicing doctors are seeking the right orthodontic candidate for this associate position that will lead to a long term partnership with the right candidate. The ideal orthodontist is available by April 2012, and eligible for California licensure with no current employment within the city limits of San Francisco, CA. To learn more about this presently existing orthodontic practice opportunity please contact Shannon Patterson, Bentson Clark & Copple’s Director of Practice Opportunities & Executive Recruiting. She can be reached via email at shannon@bentsonclark.com or via phone at 1-800-621-4664.

Click here to view additional practice opportunities available from Bentson Clark & Copple.

Bentson Clark & Copple’s Resident Survey

We spend a lot of time and effort working with today’s orthodontic residents. We visit their residency programs, attend events solely catered towards the resident community and participate in resident-only webinars and presentation opportunities. We spend numerous hours speaking with them as they search for an orthodontic practice to purchase and/or employment opportunities. We are focused on actively working with and providing as much information as possible to them to help them make educated decisions about their future. This group of young professionals will ultimately shape the future of the orthodontic industry.

As part of our commitment to providing relevant, accurate and useful data to the orthodontic community, each year Bentson Clark & Copple conducts a nationwide survey of all current orthodontic residents for the purpose of collecting, compiling and analyzing information regarding today’s orthodontic resident population.

As in our previous surveys, we ask a variety of questions regarding residents’ anticipated plans after completing their residency program. The survey also inquires about income expectations, geographic locations, total educational debt, and preference of whether they would seek an employment relationship or equity opportunity upon graduation.

We have published a brief sampling of the 2012 Annual Orthodontic Resident Survey’s results in the 4th Quarter edition of the Bentson Clark reSource. We have, in addition, compiled the full results of this year’s survey in booklet form featuring our commentary and a comparison of this year’s data to that of the previous two years. This publication will be available for purchased within the next few weeks. Please check our website and blog for additional information and purchase information.

Upcoming AAO-Sponsored Orthodontic Resident Webinars

Bentson Clark & Copple is honored to participate in the AAO’s The Business of Orthodontics Webinar Series. This 10-part educational webinar series is directed toward today’s orthodontic resident community. The webinars began in September and will continue through April 2013. The series covers topics from starting/purchasing a practice to selling/retiring from practice, and everything in between. The webinars will be presented by a variety of industry insiders and consultants.

Chris Bentson will be presenting his first webinar (out of three that are scheduled) on October 9 at 8:15 PM EST/5:15 PM PST, and will last 75 minutes. There will be allocated time at the end for a question and answer session. The title of his lecture is Path to Ownership, Partnership, or Associateship.

For residents, understanding the options for employment, how to find them, and what to review when you do find them is extremely important. This webinar will be directed primarily with an orientation to the process of how buyers and sellers or employers for orthodontic opportunities happen. A review of the current market conditions and review of the timeline, expense, and materials needed to review an opportunity will be discussed. Current valuation methodology and a high-level overview of the operational and financial metrics that should be reviewed will be covered as well as associate pay, and cash flow pro-formas. Partnership methods of buying in will also be discussed.

This webinar series is free for all residents. It is funded by the AAO with the generous support of the AAO Insurance Company (AAOIC). For more information please contact the AAO.

Dentistry Going Corporate

There was an interesting article featured in the April 9, 2012 issue of the ADA News.  The cover story, “ADA Explores Growth of Large Group Practices” caught my eye. The article sites a recent study conducted by the Health Policy Resources Center of the American Dental Association (ADA), which concludes that the rate of solo practitioners is falling. In 2010, 69% of dentists were solo practitioners compared to 76% in 2006.

Certain states and areas of the country are experiencing the expansion at a faster rate than others. For example, the Minnesota Dental Association reports more than 12% of dentists in the state are employed in large group practices.

The American Association of Orthodontists (AAO) surveyed new graduates in 2009 and 2011 and found that 16% of respondents are practicing in a non-traditional setting, defined as either an interdisciplinary practice or a practice where they are employees or independent contractors. Chris Vranas, AAO Executive Director says, “Overall our membership is still at 69% in solo practice, 16% in partnerships, 6% in associateships, 4% interdisciplinary practice and 5% in large corporate practice.

We ask the question – what is driving the trend? The ADA article references educational debt of young doctors and the growth of Dental Service Organizations who need employee doctors to grow.

This trend of dentistry going corporate is something Bentson Clark & Copple has been watching for several years and one that you may have noticed in your drawing area. It will take some time to have a major impact, but understanding this trend will help you as you think strategically about your brand and identity as you communicate with new patients and referrals.

To learn more about the trends of today’s orthodontic residents, check out Bentson Clark & Copple’s 2011 Annual Residents Survey Results.