The Dental Start Up (Pandemic Timeline)
This is an exciting time. You're beginning to start off on your own in the face of a global pandemic. Although, much has been affected we can help you get through the process. Below is a realistic timeline of events for a dental practice startup.
12 Months+ Prior
- Build a team of qualified partners: dental banker, dental specific CPA, attorney, equipment specialist, distributor representative, real estate broker, consultant, and Interior Designer
- Begin establishing a vision of the practice you would like to operate. What experiences do you want your patients to have?
12 Months Prior
- Evaluate your Financial Position and seek bank pre-approval
- Identify your Goals and Preferences for the Practice
- Consider a few different areas for your Practice and Run a demographics report for each. Search Annual Average Income, Family members per household, Children etc. www.dentagraphics.com is a great resource
- Tour locations with Real Estate Broker
- Finalize the selection of a city or community
- Conduct Preliminary Appraisals of locations
10 Months Prior
- Finalize the location
- Negotiate the lease with a dental specific Real Estate Broker and a dental attorney
Develop a Space Plan and Equipment Layout with your Dental Equipment Specialist and Designer. - Open supplier account for equipment. The pandemic impacted supply chains so develop a timeline with equipment specialist and time orders based on recommendations
- Tour local dental offices to understand layouts, equipment, styles, etc
8 Months Prior
- Meet with 2 lenders to determine who has the best options, rates and package to suit your needs.
- Finalize and approve the floor plan with your designer and Dental Equipment Specialist.
- Obtain estimates with a 2-3 dental contractors. Ask them for advice and ask to see previous projects. Request timelines and proposals on the project.
- Meet with IT professionals and seek bids (computers, cablling, server, etc)
- Meet interior designers to discuss aesthetics, finishes, etc and request bids.
- Finalize the Loan
6 Months Prior
- Finalize the floor plan and pick finishes with your interior designer.
- Select your Contractor and have them begin construction.
- Start to consider Office Policies, hours of operation, research Insurance programs.
- Establish business checking account and activate business credit card
- Meet with an IT Professional and discuss timeline for computers/servers. Supply chain affected them as well. Order based on recommendations.
- Select a Practice Management Software. Many cloud based options can significantly reduce IT hardware needs, decreasing costs.
- Begin interviewing dental marketing companies
- Meet with an interior designer to discuss finishes
5 Months Prior
- Negotiate with insurance companies. Consider a sevice that credentials and negotiates on your behalf
- Revisit equipment conversation with specialist and ensure orders are placed or planned
- Start working with a marketing company to build the website and create a rollout plan
4 Months Prior
- Explore additional software options such as patient communication, practice analytics, and online booking softwares
- Seek bookkeeping method from CPA
- Review Phone Systems
- Create and Launch Website and other Social Media
- Order small equipment
- Open an account with a medical gas supplier such as AirGas or Spectrum Gas
- Seek guidance on first aid and OSHA/HIPAA/CPR. Bill Hollowell from The Shield Group is a great resource: www.theshieldgroup.com
- Seek terms on waste management with Patterson Dental at 310-426-3149
- Monitor dental contractor and marketer's progress
3 Months Prior
- Apply for a Narcotics license with the Drug Enforcement Agency (DEA)
- Apply for State, County, and City professional licenses as well as a Business Permit.
- Apply for Federal, State and local tax numbers.
- Notify state dental board of address and phone number
- Review requirements for unemployment and workman’s compensation insurance.
- Order Practice management software, additional softwares, business cards, stationary, prescription pads and office supplies.
- Determine the number, type of personnel required, and their job descriptions
- Start hiring early. The pandemic caused shortages and this could take time.
- Meet with CPA to develop your projected first year business budget.
- Speak with an insurance professional to determine what is needed and how policies need to be structured.
- Meet with your Dental Supply Representative and start going through a Supply List of necessary.
- Complete Applications for Insurance Plans.
- Monitor Contractor's Progress
- Launch Marketing Campaign just before two months prior to fill schedules on opening day
2 Months Prior
- Start recruiting staff members
- Complete a Fee Schedule and Payment Policies
- Explore Laboratory options and Pharmacy Options
- Explore Specialists in your area if you refer out treatment
- Make Credit Card arrangements
- Monitor Contractor's progress
- Review Supply List with Dental Representative and Finalize
- Register X-ray and laser equipment within 30 days of installation
- Establish fire extinguisher testing and certification service
1 Month Prior
- Make sure Contractor completes project and inspect all work.
- Place Dental Supply Order.
- Install Equipment and test every component. Seek training by Manufacturer’s representatives on equipment.
- Hire and train office personnel
- Arrange for inspection with city or county.
- Order emergency medical kit and supplies
- Send Office Opening Announcements out to Friends, Family, Prominent members of community, Dental Specialists and other Local businesses.
- Train staff on protocols, equipment, and practice management services
Office Opening – Congratulations!
- Walk through your office and go through all aspects with your IT Professional, Contractor, Dental Equipment Representative and Supply Representative.
After Opening
- The hard work continues. Meet frequently with your local resources such as your dental consultant and trusted reps for guidance and support
- Host a grand opening one month out
Contact:
Benjamin (Ben) Holguin
Text/Call: 714-560-3472
Email: Contact@TheDentalRocket.com