Safety Net Dental Clinic Manual
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Chapter 3. Finances
Financial Feasibility
Sustainability, revenue, charges, fee schedule, payer mix, Medicaid, expenses, salaries and benefits, supplies, lab fees, administrative expenses, fundraising
Managing Clinic Finances
Tools and experts, budgets, financial reports, business plans, independent audits
Grants and Fundraising
Grants, contracts, funders, grantwriting, grants management, fundraising plan
Financial Feasibility
Can we predict if the dental clinic we have planned will be sustainable?
What does it mean for our clinic to "achieve balance"?
How do we estimate clinic revenue from all sources?
What are sources of patient care revenue (e.g., Medicaid, SCHIP)?
How should we estimate patient care revenue?
What factors affect patient care revenue?
How can we determine if our clinic's fees are appropriate?
How do we establish a non-discounted (full) fee schedule?
How do we establish a sliding fee schedule (SFS)?
How do we implement the sliding fee schedule?
How can we use payer mix to increase patient care revenue?
What do we need to know about the Medicaid and the State Children's Health Insurance Program (SCHIP)?
What should we consider before entering into a contract to provide dental care?
What are other sources of revenue besides patient care?
How do we estimate clinic expenses?
How do we establish reasonable and competitive salary and fringe benefit packages?
What are typical fringe benefits?
How can the use of volunteers reduce expenses?
How can we lower dental equipment and supply costs?
What are lab fees and how can we manage them?
How do we estimate administrative expenses?
What are fundraising expenses?