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Advanced Practice Management
7101 York Avenue South, Suite 300 Edina, Minnesota 55435-4407
Contact Us Today (952) 921-3360

Advanced Practice Management Fall 2008 Overhead Survey

Dental Practitioners — High and Low Ranges and Averages for years ending by March 31, 2008

 
Range
 
 
High
Low
Average
%
 
Fees Received
2,460,171
203,658
763,444
100.0%
 
Salaries – general
136,433
14,400
55,515
7.3%
Salaries – assistants
206,952
0
60,996
8.0%
Salaries – hygienists
263,620
0
87,564
11.5%
Payroll taxes – staff
53,225
2,452
16,641
2.2%
Staff retirement plans
23,205
0
7,494
1.0%
Employee benefit plans
33,279
0
6,917
0.9%
Staff meetings and parties
7,304
0
1,616
0.2%
Professional supplies
182,813
7,545
51,739
6.8%
Laboratory fees
179,461
8,901
57,941
7.6%
Occupancy expense
114,931
11,147
41,879
5.5%
Repairs, decorate and service contracts
21,388
0
5,277
0.7%
Depreciation, amortization and leased equipment
134,013
0
25,642
3.3%
Interest paid
42,938
0
6,739
0.9%
Insurance – business
15,771
832
4,844
0.6%
Telephone
14,261
870
3,774
0.5%
Office supplies
27,654
1,643
11,153
1.4%
Promotion and advertising
73,479
408
12,080
1.6%
Meetings and seminars
18,276
0
3,520
0.4%
Professional , banking and other fees
33,521
3,681
14,312
1.9%
Dues, licenses and subscriptions
7,897
278
2,847
0.4%
Auto and employee travel
11,495
0
1,882
0.2%
Laundry and uniforms
5,239
0
1,300
0.2%
Covenants, contracts and agreements
59,515
0
6,470
0.8%
Total Expenses Disbursed
1,337,734
108,045
488,142
63.9%
Net Income on an Income Tax Basis
1,122,437
95,613
275,302
36.1%
 
Please read the explanatory notes in the cover letter regarding possible adjustments to the above figures.
Prepared By: Davich, Wilson, Morrow & Associates, P.A., Certified Public Accountants

Doctor, Are You Getting A Raise This Year?

Understandably, your staff people want bigger pay checks every year. But if your expenses have been rising faster than your revenues, you are between a rock and a hard place.

You can attend an endless number of seminars, read countless articles, and still not get action on your bottom line. That is where we can help— because there is no substitute for experienced, hands-on management… and hype is not a substitute for the real results private management consulting can provide for you.

Call Advanced Practice Management today 952-921-3360. It’s time you got that raise!