A Practice Administrator may be compared to the Chief
Operating Officer (COO) in a corporation.
He/she helps the Dentist who is actually the Chief Executive Officer
(CEO) strategize and set goals for the practice, including establishing
production and collection goals; deciding marketing/branding efforts; and
overseeing compliance issues for HIPAA, OSHA, and other government-imposed
standards. In addition, the Administrator
can serve as the Dentist’s right hand in matters of overall operation of the
office, its physical facility, its business protocols, and its personnel
issues. The Administrator can also act
as liaison with the practice CPA, Attorney, and IT experts who service the
computer and other electronic devices.
He or she can oversee financial activities such as writing an annual
budget including realistic goals for income (collections) and expenses
(overhead). She or he can serve as the
HR (Human Resource) director to coordinate interviewing, hiring, and
performance appraisals for the team. An
astute Administrator will refine the practice ambiance by building teamwork,
improving communication between team members, and encouraging/empowering staff
to become the best they can be.
Dentists who employ a Practice Administrator attest to more
enjoyment along with significantly reduced stress in their practice. If you decide to develop such a role in your
practice, remember you, as owner, retain the right of refusal/veto power over
every aspect of the practice. While a
carefully chosen and well trained Practice Administrator can be a valuable
addition, the Dentist must be the ultimate authority in the operation of the
office. Those offices in which I have
seen a Practice Administrator function effectively are those in which the Dentist
welcomes and seriously considers suggestions and initiatives from the
Administrator. The two confer
frequently, thoroughly analyzing and considering ideas to improve the practice
in any way. They usually come to
consensus, but if not, both understand that the dentist is the final word.
2 comments:
What would be a fair hourly rate for a Practice Admin?
That’s a tough question to answer since wages vary so in different parts of the country. What is a very good wage here would be a pittance in New York City or Chicago or Los Angeles. A better answer would be for the dentist to survey wages in her/his area for a wage range paid to experienced office administrators or human resource managers in several industries or businesses. Most such positions would be compensated on a salaried scale rather than hourly, but the dentist can easily calculate an hourly rate based on salary divided by 40 hours/week.
If I were naming an hourly wage for the Southeast, I’d say $25 to $35 per hour depending on experience and the level of responsibility that is to be delegated to the Administrator. If the Administrator is to be the equivalent of a COO for the practice so that the dentist is free to concentrate only on patient care, the value may well be more than that.
Incidentally, many state labor departments have wage surveys for that state available to the public. These surveys name types of jobs and give the median wage for particular jobs in that state. Such a survey is an excellent source of accurate information as the dentist is considering wage rates for a Practice Administrator as well as a variety of positions in his/her office.
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