Starting a new dental practice is an exciting endeavor that will progress you in your career. However, it will also come with many responsibilities, a lot of hard work, and several considerations. Knowing that there will be challenges down the road and on your journey to an ultimately fulfilling and successful career can help you better prepare and plan so that you can mitigate risks and lay the groundwork for prosperity in the long term.
The legal team at Leiva Law Firm has more than 25 years of experience helping dental practitioners in Los Angeles protect their rights, safeguard their reputations, and understand their legal responsibilities and obligations when starting a new dental practice. When you are ready to sell or buy a dental practice, Leiva Law Firm is an experienced and resourceful legal advocate who is prepared and ready to put you in the best possible position to move forward with confidence.
Understanding the Importance of Licensing and Regulatory Compliance in a Dental Practice
Prospective dental practice owners should be primed to take on the time and effort-intensive job of understanding the industry, staying up to date on the latest dental technology trends, patient care practices, business operations and management strategies, and regulatory considerations. Knowing California’s licensing and permitting rules and laws is an essential component of dental practice operations.
No business can be conducted without all of the required local, state, and federal licenses in place. Therefore, outside of a comprehensive and well-researched business plan, technical issues such as securing the right licensing and permits are essential to opening your new Los Angeles dental practice. It is important to remember that included in this red tape will be obtaining your own license and permits to be a lawfully functioning healthcare facility.
After you have laid your dental practice’s foundation by acquiring the appropriate permits and licenses to begin practicing, you must still stay informed and up to date on the ever-changing regulations and standards in the dental industry. Doing so will help you operate your business ethically, ensure compliance, as well as manage your business within the boundaries of the law.
Due to the many complexities that can come with keeping up with compliance and staying abreast of changes to dental laws and regulations, it can be beneficial to have a legal professional’s assistance. The best lawsuit is the one that doesn’t get filed. An attorney can regularly review your dental practice’s policies and procedures to minimize the chances that you will have any violations that could trigger legal troubles in the future. Additionally, an attorney can assist you with establishing a sound compliance program critical to your practice’s risk management safeguards.
Speak to an Attorney at Leiva Law Firm Today
Being your own boss and running your own dental practice can be a dream come true and an especially rewarding experience. Getting started and along the way throughout your dental career, there will be several issues and considerations that will require your full attention. Staying ahead of the game and being proactive is key to long-term success.
For assistance with a dental practice acquisition, please call Leiva Law Firm at (818) 519-4465 today to schedule a free consultation with a knowledgeable Los Angeles dental practice acquisition attorney.
