contract practice


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con·tract prac·tice

(kon'trakt prak'tis)
A business wherein a third party contracts with the dental practice to provide care for a specific group of patients.

practice

the exercise of a profession.

advisory practice
practice limited to giving advice, usually to farmers on the subjects of breeding, feeding and housing in relation to maximum health maintenance and optimum production. Usually called a consultation practice.
association practice
a group of individual practices contract to use common facilities, possibly franchised by a central practice. Similar to a group practice, having the benefits of a large group of veterinarians but maintaining independence of the individual practitioner.
branch practice
a practice operated from another center, often with limited hours and facilities but clients can proceed to the main center of the practice at other times or for other purposes.
company practice
where the law permits is practice by a company with all of the commercial and financial benefits that the arrangement permits. Has the unattractive appearance of an attempt to evade financial responsibilty to clients.
consultant practice
practice as a specialist providing consultations and carrying out referrals for other veterinarians. Commonly used to refer to advisory practices (see above).
contract practice
contracts are made with individual clients for work to be done for a flat fee or a sliding scale based on time spent, or per head in the risk population or a percentage of the profit.
corporate practice
see company practice (above).
domiciliary practice
house calls. The average country practice is mostly domiciliary in that the veterinarian visits the patient in its own surroundings.
emergency practice
a practice set up specifically to attend to emergencies that arise at times when most other surgeries are not available, e.g. nights, weekends, public holidays.
fire engine practice
the standard practice based on providing attention for sick and injured animals in the surrounding area. For small animals the service is available at the veterinarian's premises but large animals are seen at the owner's domicile.
group practice
individual veterinarians use the same facilities and provide mutual support but each has his/her own clients and receives their fees after central costs are deducted.
illegal practice
includes practice by veterinarians who are not registered and practice by persons who are not veterinarians.
partnership practice
partners are co-owners of a practice, not necessarily by equal shares, and have consequential proportional entitlement to the profits.
principal-assistant practice
the principal owns the practice and hires assistants who are paid salaries and allowances. Most veterinarians work as assistants for one or two years after graduation.
private practice
practice by a self-employed veterinarian who is obliged by convention to be available to the public although it is accepted that such a veterinarian is entitled to limit the practice to a particular class of work, or to a geographical area or to a particular list of clients.
special interest practice
a practice in which the veterinarian limits the species or the kind of work that will be done, e.g. 'practice limited to cagebirds'.
specialist practice
see consultant practice (above).
subsidized practice
the veterinarian does not subsist on fee income only but is subsidized, usually by an organization interested in having a veterinary presence in an area that is sparsely populated. The sponsor is usually a government but may be a dairy manufacturing company or a wool-selling agency.
References in periodicals archive ?
The May/June issue includes a cover story on the federal government's failure to reach its own veteran-contract goals, and articles on corporate diversity and the Department of Energy's contract practices.
a nonbank moneylender at the center of a scandal over its coercive methods of collecting loan repayments, will consider ending its heavily criticized loan contract practices, industry sources said Thursday.
This 300-page report documents current industry price and contract practices for biopharmaceutical contract manufacturing.

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