Showing posts with label Colorado's New Dental Practice Ownership Laws. Show all posts
Showing posts with label Colorado's New Dental Practice Ownership Laws. Show all posts

Wednesday, September 03, 2008

Colorado Has Enacted A New Dental Practice Ownership Law

It looks like Colorado has enacted some new laws and regulations regarding dental practice ownership. After reading the new law it appears to be geared toward Forba/Small Smiles. If so this would be the second time Colorado has had to enact laws especially geared toward these clinics. The first one was limiting the number of crowns done in one setting and limiting the amount of time they can keep a child tied up in a papoose board.

Here is the new law:

Colorado Enacts New Laws Regarding Dental Practice Ownership
On March 20, 2008, Governor Bill Ritter, Jr. signed House Bill 08-1134 into law effective August 5, 2008. A portion of this bill concerns the disclosure of the ownership of a practice that provides dental care to patients. This law will directly affect all dental or dental hygiene practices in Colorado. Specifically, this new law requires that certain information regarding the ownership of the dental or hygiene practice be available upon request at the reception desk of the practice during normal business hours. The law further provides that this information be made available on a form approved by the Board. This ownership form is available on the Board’s website here. The availability of this information is a mandatory requirement, effective August 5, 2008.

Another important provision in this legislation is that it allows an heir to the dentist or dental hygienist to serve as a proprietor of the deceased’s practice for up to one year after their death, regardless of whether the heir is licensed to practice. And that upon good cause shown, may petition the Board for an extension of the temporary ownership period by up to an additional twelve months, if necessary, to allow them sufficient time to sell or otherwise dispose of the practice.

I especially enjoyed the form they designed to be filled out and on hand at the front desk for anyone to be able to ask and see exactly who really owns a particular clinic. Of course Forba is notorious for using the licenses of dentist that are actually Forba employees and saying they are the owners. They do this in several states, Ken Knott and Robert Andrus are prime examples of this.

What blows my mind is what amount of money would a dentist have to receive in compensation to loan out their licenses like that. Of course when Forba fills out this little form it will be just more fraudulent evidence won't it.

Does you Colorado Dental Clinic have this form on hand at the front desk? It should, since this law took effect August 8, 2008.