Management Monday

Shopping for disability income insurance? Read this first

Your ability to generate revenue is your greatest asset. If something happened to you, it would have a significant impact on your cash flow. Whether you’re just starting your training or you’re already in practice, one of the first things you need to do is protect your ability to earn an income. While health insurance will help pay to get you back to good health, an entirely different type of insurance is required to replace the income you forego while you are unable to work. This insurance is called disability income, or “DI” for short.

Straight (money) talk to a new dentist

I’m frequently asked what advice I would give to a new dentist. I compiled this list based on my years of experience advising dentists on their personal and practice finances and hearing, “I wish someone had told me this sooner.” These pointers should help you make thoughtful financial decisions, largely without regret.

Let’s Talk: does it make sense to work with a specialty lender?

In this edition of Let’s Talk, Christian Pearson, national director of dental partnerships at financial services provider Treloar & Heisel, speaks with Jon Burns, vice president of Bank of America Practice Solutions, a specialty division focused on providing financing to dentists who seek to establish their own practices, about the benefits of working with a specialty lender.

Contour extended: Which residency program is right for you?

The June/July issue of Contour is all about the road to residency. In this Management Monday post, Drs. Ivy Peltz and Eric Studley shed light on finding the right residency for you. Both Drs. Peltz and Studley are professors at NYU College of Dentistry. While Management Monday usually focuses on how to manage people or run a dental office, the first stop to building this type of experience is usually a residency. For more from these authors, check out their op-ed piece in June/July Contour.

At this time of year, we have become accustomed to answering two questions asked by third-year dental students. The first is: “Should I apply to residency programs?” The second is: “How do I know which residency program is right for me?”