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Risk and reward

Mike Busby looks at the increasing risks involved in the running of a modern day dental practice.

Significant increases in litigation and regulation has not only served to increase the potential for emotional and financial harm to dentists, but also their practice teams. The hazard of professional deregistration is perhaps the most catastrophic risk for a dental professional – and it’s a risk that is increasing. 

The risk of losing patients, and therefore revenue, is very real in this more challenging financial climate. It has been reported that average practice profits have fallen back to 2004 levels (British Dental Journal, 2013).

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