If you have been browsing the dental jobs boards for a new opportunity recently, you may have noticed that there were many opportunities to work with corporate dental practices. This will of course not be everyone’s cup of tea, but there are numerous advantages to working in these practices. So, without further ado, let’s take a look at these.
No administrative tasks
In the majority of corporate dental practices, it is normally the job of an external management company to handle all the administrative tasks that the practice needs completed. These tasks include compliance and billing, as well as payroll, HR and patient scheduling. This means the dental staff can spend more time treating patients. A recent study found that the average dentist spent 30% of their time completing laborious administrative work.
Regular pay and benefits
As a dentist working for a corporate dental practice, you will most likely receive a consistent monthly wage, no matter how many patients you treat each month. This is ideally suited for those of us who want to know what they will earn each month. It is well known that corporate dental practices often have a higher initial salary, with some quite lucrative benefits.
Great Work-Life Balance
If you work for a corporate dental practice, you are most likely going to be given regular hours to work each week. This means you can plan your social life around your work, making you happier and healthier.
Economies of scale
Corporate dental practices can buy technology and services in bulk, which will allow them to receive savings that an independent dental practice wouldn’t be able to achieve. It is also usual for corporate dental practices to have higher reimbursement rates from insurance.
The Benefits of a Peer Network
Nearly all corporate practices will be able to tap into a group of similar professionals for teaching education.
Improved insurance coverage
Corporate practices can access insurance services that independent practices will not be able to use. This means that corporate practices will be able to attract more potential patients.
Being part of a recognized brand
It is more than likely that you as a dentist will benefit from working with a recognized brand. This means that when it comes to applying for jobs in the future, employers will be able to recognize and fully appreciate the job that you did, which may not be possible with a smaller practice.
You can search for opportunities in your area by searching the dental jobs near me tool on DentReps.