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Biomedical subjects

H J Stockton

Publications and source records attributed to H J Stockton.

12 recordsLinked to original sources
PubMed1993

Restrictive covenants--everything you wanted to know but were afraid to ask.

Principal/associate relationships are very common in dental practice today, and significant value is now associated with patient lists and practice locations. Therefore, principal dentists must take steps to protect valuable practice goodwill. The inclusion and proper use of restrictive covenants in associateship agreements should help to protect principal dentists.

Economic Competition↗
PubMed1992

The dental practice purchase/sale--creating a win-win transaction.

The importance of the dentist-patient/client relationship makes the dental practice purchase/sale unique compared with other business transactions. Dental practice goodwill can be easily lost, but establishing mutual trust between purchaser and vendor can lead to a win-win transaction through maximizing practice goodwill and minimizing associated taxes. Tax planning for the purchase/sale is complex, and, although this article has provided some basic information, professional advice is recommended.

Canada↗
PubMed1991

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.

Budgets↗
PubMed1990

Is your dental practice a profitable business?

Many dentists are unaware whether their dental practices are profitable businesses. A method to assess dental practice profitability, by determining percentage return on investment (% ROI), is described. The method involves analyzing and adjusting prepared financial statements for a practice, estimating the fair market value of the practitioner's professional and managerial efforts in the practice, and estimating the fair market value of the practice assets. Interpretation of the % ROI determination is discussed.

Financial Management↗