A useful model for dental practice analysis, budgeting and income projection.
A versatile dental practice financial model, developed and utilized by the author, is presented. The model can be used by the dentist/manager to analyze dental practice financial data in order to identify practice inefficiencies and determine return on investment. It can also be used as a simple method of preparing a dental practice budget and projecting practice profit. Rationale for the model is explained and its use is discussed using hypothetical dental practice situations.
Stockton
H J
HJ
Department of Rehabilitative Dental Science, Faculty of Dentistry, University of Manitoba, Winnipeg.
D002017:Budgets / Q000458:organization & administration*; D006801:Humans; D007182:Income; D011215:Practice Management, Dental / Q000191:economics*; D011907:Rate Setting and Review; D012456:Salaries and Fringe Benefits