BUSINESS OF DENTISTRY Flashcards
(35 cards)
There is an _______component to practicing dentistry
ENTREPRENEURIAL
An activity or undertaking rendered by a registered and licensed professional or a holder of special temporary permit as defined in the scope
of practice of a professional regulatory law
PRACTICE
Resolution no. 2012-668, series of 2012,
section
PRACTICE
refers to a person who is a holder of a valid
certificate of registration and professional
identification card in Dentistry who renders dental
service
DENTIST
a. holds a valid certificate
b. renders dental service
c. collects fee for a fee or as compensation/
or without pay
d. operates on the oral cavity
e. prescribes drugs
f. do implants
g. install braces
h. teaches
i. do research
DENTIST
An activity or undertaking rendered by a
registered and licensed professional or a holder of
special temporary permit as defined in the scope
of practice of a professional regulatory
PRACTICE OF PROFESSION
the process by which human efforts are
coordinated and combined with other resources
to accomplish organizational goals and objectives
MANAGEMENT
the process by which the dental practitioner are
coordinated and combined with other resources
to accomplish organizational goals and objectives
DENTAL PRACTICE MANAGEMENT
Refers to the concept of developing and managing
a business venture in order to gain profit by taking
several risks.
ENTREPRENEURSHIP
An enterprise in which one is engaged to achieve a
livelihood
BUSINESS
- A system of accommodating or providing
assistance to another person - An intangible product
SERVICE
2 PRODUCTS OF DENTISTRY
- Healthcare service (Intangible product)
- Restorations, prostheses, etc. (Tangible products)
- An Act of Mandating and Strengthening
Continuing Professional Development Program for
all regulated professions, creating the CPE Council,
appropriating funds therefore, and for other
related purposes
RA10912
Renewal
EVERY 3 YEARS
The carrying on of the business aspect of the
practice.
PRACTICE MANAGEMENT
a job requiring some thought, skill and special
knowledge as well as training in that particular field
PROFESSION
Academic acquisition and technical expertise is
essential to join a professional as it sets one apart
from business
PROFESSION
Focuses on service of the community as primary
intention and profits are secondary
PROFESSION
PURPOSES OF MANAGEMENT, TO BE ABLE TO:
- Analyze his needs
- Recognize the need for help from other professionals.
- Initiate procedures which will help him be more
systematic and efficient. - Carry on with the personal and business conduct in a
flexible yet controlled manner. - Carry on a globally profitable business ethically and with respect for relevant law.
AS A BUSINESS, A DENTIST MUST:
- Practice ethically
- Operate efficiently
- Operate safely
- Be productive
- Utilize technology
- Create a profit
The basis of legality is always a ___, while
____ is dictated by your conscience.
LAW; ETHICS
- every business must be registered
- Dentistry is small business
Dental Business Consideration
- government agency responsible for the registration
of business name, other than your own name
DTI
gov’t agency responsible for the registration of
business that uses the the services of another
person in business, trade and industry
SSS
