Using A Consultant To Benefit Your Dental Practice

consulting hereWith today’s major changes to the healthcare industry it has left a lot of dentists struggling to find their way now that there are many challenges in front of them. One area that has taken its toll on dentists is in the area of paperwork and how it is now stored. Since everything must be computerized, dentists who are used to working on teeth are not as skilled in this area.

Many dentists are turning to consultants to help them reorganize their practice at this time. The new healthcare law has presented some obstacles that must be overcome quickly if they want to stay in business and have a thriving practice. Everything from how an office is set up, to the new equipment that much be ordered to how dental records are kept must now be organized in a way that conforms to the new healthcare standards and regulations.

Dental consulting success happens when a trained professional comes who understand how to properly run a business. They should have plenty of experience working with doctors both with new practices and ones that have been established for awhile. Mainly this consulting work is successful when they get the dentists to see how these new changes can benefit them in a positive way.

Too often dentists get thrown off when changes occur to their industry. It takes time away from their practices and dealing with patients in a healthy and happy manner. Dental patients are worried enough when they come to the office, they don’t need the doctors to be scared too.

If you are a dentist who is struggling right now due to many changes in the law it is important that you seek out proper guidance. Although you may be adverse to listening to outside help on how to run your practice, at least a consultant may be able to provide you with good tips that will change the way you think.

Many dentists are finding it difficult to stay afloat especially because of the difficulties dealing with insurance companies. With so much added paperwork to file, it largely takes away from the amount of time spent on patient care. Something needs to change quickly and one way to do that is by hiring an outside dental consultant to get you back on the right track. You have nothing to lose by trying something new, so contact a dental consult today to see what they can do for you.

Team Building Is Very Important For Morale In Today’s Dental Practice

practice is hereA dental practice today is under a lot of pressure to conform to the new healthcare law that it really takes  a major toll on everybody working in the office. In the past everyone just came in did their job and went home. But nowadays most dentists are so stressed out that they don’t even have time to coordinate the entire office to make sure everything is going smooth.

When you see your dental office starting to break down due to lack of cohesion due to all the new rules and regulations it is time to stop what you’re doing, relax and take a few deep breaths. At this point everybody is going to have to get on the same page in order for the dental practice to succeed.

Aside from the dentist being stressed over all the overhead he now has to deal with, the office assistants and nurses feel the pressure too. They also have to comply with new standards, especially office assistants up front who are under enormous pressure to properly file all of the paperwork electronically.

At this time something needs to change in the office and it really has to be the dentist since he is the leader. Although things might be tough financially right now and everybody is going through a lot of stress, it may be a good idea to close the office down for a few during the day each week where all of you can just unwind and go out for lunch together. This will give you a great chance to bond and also talk about different ways to improve the dental practice.

Everybody is in it together and the office assistants understand how much stress the dentist is under since he has the responsibility to pay everyone while making sure the patients are treated right. It already is enough worry when dealing with patients because you never want to get sued, but now there is added pressure due to new rules and regulations.

Team building in the dental practice is essential for the sanity of everyone involved if you want everything to run smooth. Although things will never be the same again, at least you can fine a way to streamline the business as well as look for new revenue sources that can help the office stay afloat. Whatever happens you are all still a team and must function like one in order for patients not to feel stressed out too.

What It Takes To Run A Successful Dental Practice

dental practiceIf you’re a new dentist, you’re probably wondering what it would take to run a successful dental practice. Don’t worry because in this article, we will show you how.

Having the education and the training to become a licensed dental professional is not enough to operate a practice that earns you at least $100,000 per year. Dental practitioners also have to learn how to manage the business aspect of their practice. A profitable practice usually demands a lot from the staff and the working dentist. However, you can make your life easier by using outsourcing associates to take over effort-intensive yet repetitive company tasks so that dental practices can be more successful.

There are dentistry practices that use consultants or outside businesses to manage some of the everyday administrative tasks. Outsourcing work save you money because you don’t need to offer a full-time salary and benefits to a full-time employee. More importantly, it saves you time, which allow for increased enterprise effectiveness.

Whenever they use third-party comoanies to assist, dental practitioners can focus more on their core competencies to greatly improve individual proper care. Moreover, outsourcing work permits regular personnel to concentrate their efforts to do a better job and increase the success of the practice.

What aspects of a dental practice can you outsource?  These include patient arranging/rescheduling and appointment note contact , insurance coverage confirmation and preauthorization; patient and insurance invoicing, which include any required follow-up; installing and looking after hardware and software; patient information management; patient credit; submitting of monthly payments; and credit accounts receivables selections. If that sounds like a lot of work, it is, and can you imagine you and your staff doing all that work?
But outsourcing your business is really just one aspect of growing your dental practice. You need a business consulting company to help you go from good to great, especially if you’re just a dentist, not a businessman.

Realistically, a dental practice can expect grow seven percent annually. That may not seem like a significant number, but that growth rate enables a dental practice to double every 10 years. So if you have a $300,000 practice, you can expect that to grow after twenty years to a $1.2 million practice.

It is reasonable and attainable hope for all dental practice. The numbers may not double your revenue in 90 days, but you will be growing continuously.

Simple Tips To Market Your Dental Practice

marketingBusinesses can always use more customers and clients. Marketing your dental practice is no different, and does not need to be complicated or expensive. Some dentists are going the route of corporate dentistry while others are still trying to hang onto their private practices. Corporate dentistry offers huge resources for a potential patient base as well as mass marketing. There is a lot to be said however, for continuing a small private dental practice.

Start with the obvious by giving superior customer service. Outstanding customer service inspires people to recommend you, and there is no better marketing than word-of-mouth. You may even want to consider creating a rewards program for your patients who have referrals that become new patients. This will help to build your reputation and your credibility in your community. Always greet your patients by name, and as much as you can try to stay on time. There is nothing more frustrating to a patient than having to wait far beyond their appointment time.

The first step in marketing your practice outside of the office is to be sure that you keep a listing in your local Yellow Pages. There are still patients who often look in a phone book, or look up the Yellow Pages online for a local name.

Consider creating your own website so you can include your web address in all your correspondence and listings. Your site should include your staff details, background, what services are offered, and what payment plans and insurance are accepted. Create a video to market your practice that you can place on your website and use in a video campaign with democratic planning through Facebook. It is very inexpensive and can help you reach thousands in your community.

Develop a newsletter for your practice so you can feature office services and the latest activities of the staff and yourself. Each month you could pick a theme to focus on, and be sure that the newsletter is deliverable by email or regular mail. This helps keep your patience in touch so they are more likely to return for regular checkups and services.

These are just a few of the simple ideas that you can use when marketing your dental practice. By implementing simple steps and providing superior customer service to your patients you will not only retain the patients you have but will be able to grow your practice with new ones.

Tips For Running A Dental Practice

the best dental practiceRunning a dental practice is about far more than helping patients with their oral health needs. There are also a number of important business and administrative tasks that need to be addressed in order to keep things running smoothly. From the time your patients make an appointment to the moment they walk out the door, they should have a top-quality experience that leaves a lasting impression and makes them want to come back again. Below you will find some of the top tips on how to keep your dental practice running smoothly to encourage patient loyalty:

1. Hire the right people. Everyone who works at your dental office should be committed to providing the best possible customer experience. This includes dental assistants, hygienists and the staff working the front desk.  Make hiring decisions carefully so that you only choose people who are as committed to your practice’s success as you are.

2. Market your services. It is wishful thinking to pretend that people are going to find you on their own. Instead, you have to find ways to get the word out about your business. While traditional advertising methods are great, don’t be afraid to think outside the box. For instance, is there a way that you could use social media to educate existing patients, while at the same time bringing new patients through your door?

3. Develop an effective website. Most people start their search for a new dentist online. Make sure that you put your practice on their radar by maintaining a strong Internet presence. This includes developing a website and getting it listed well in the search results. You should also add your information to any local business directories to maximize your exposure.

4. Organize your space.  A well-organized practice is an efficient practice. Take some time to find a place for everything you use. Make sure that the items you use the most are within easy reach so that you don’t have to waste a lot of time fumbling around during appointments.

5. Consider extending your hours. Although it may not always be possible, offering appointments outside of traditional business hours can make it easier for people to get in. Whether you stay open an hour later or keep the doors open on a weekend, it is a great way to cater to patients who have busy work schedules.

These five tips for successfully running a dental practice should help you grow your practice, while at the same time keeping your existing patients happy.

Make Sure Your Profit from Selling Your Dental Practice

best dental practice profitThere will come a point in your career in dentistry wherein you’ll feel that the time to “pass the baton”, so to speak, has come. This is a natural part of both nearing retirement and owning your own business. The process of selling your dental practice could potentially be beneficial, if you know the right way to go about it. The most important thing to remember is not to wait for you to get the point of retirement before finding a buyer and preparing for the sale. This way, when you find someone before the actual need arises, then you’ll have a higher chance of getting a better bargain because you won’t be rushing to sell it.

Not many dentists are aware of the best way to make a dental practice profit. When preparing for retirement, most people will have the inclination to reduce their workload in the times leading up to the actual retirement. When seeking to make a profit from selling your dental practice, this is actually counterproductive. By shortening hours or lessening your patients, you’ll effectively end up lowering the value of your practice, and buyers aren’t going to be interested when they see the decreasing number of patients – it just gives off the impression that you’re losing popularity and profit.

If you’re really looking to make a dental practice profit regardless of who you want to sell your business to – family, friend, or colleague – then there are some things that you should keep in mind, both while building your business and leading right up to the point of sale.

When Building Your Business

* Location is very important to buyers. Depending on the kind of service the buyer wants to provide and the neighborhood your practice is located in will greatly affect the influx of potential patients.

* Having the right technology. This doesn’t necessarily translate to having state-of-the-art equipment, but buyers are likely to take note of whether your staff is being driven to work harder and better thanks to the technology available.

* Your reputation in the community. How loyal are your customers, and how vast is your client base? This is essential to any potential buyer.

When You’re About to Retire

* Know your value – how many customers you have on average in a given time, your profit per annum, etc.

* Have all the necessary documentation ready. Both customers and buyers are going to want to see these.

* Always have a good working relationship with your staff and clients. They could be a big part of helping you sell your practice for a profit.

How to Promote Your Dental Services?

marketing is hereAs a dentist, there is a big need for you to make sure that there would be people that would avail of the different services that you are offering. But, to make that possible, it is very important for you to make sure that you are going to have an ideal marketing strategy that could help you in getting the attention of the masses.

There are different marketing strategies that you can consider which could greatly help you in getting the number of clients that you need for the services that you are offering. But, if you would like to have a better idea, then you should consider the following promotions being used by other dentists out there.

Make Use of Social Media Sites

One of the first things that you can do is to make use of the different social media sites. You can capture photos or make advertisements of your dental office and share it to different social media sites. There are so many people who would look for dentists on social media to have a better overview on the background and the possible things they should expect.

With that, you can be assured that there would be lots of people who are going to avail of the services that you are offering.

Put Up Posters and Printing Ads

It is also ideal for you to consider putting up some posters in your local area. That could be helpful to let more people know about the possible things that they can expect from you and easily get your contact information. This is one of the most common things being done by many dentists because people are also fond of checking those posters especially when they are in great need of dental services.

Get Some Referrals

Also, you may consider getting some referrals of other people you know. If you have some clients who has been loyal with you for the past years then you can ask them if they can help you to get referrals for some of their friends and also relatives because that would surely help you on this.

Tell Your Friends and Relatives

Lastly, you can just ask your friends and relatives to help you with your promotions and eventually get more clients. Most of the time, many people would trust the process of word of the mouth in order to land on the best dentist that they can consult with.

What to Get from Dental Coaching

leadershipThere are tons of professionals out there who normally spend their years in college. In here, the goal is for them to be trained because they come with a certain area of expertise. This has always been what it is all the time. Unfortunately though, there is only a little program for this. While it is true that this may include how to start a business and then grow it later on, it is not how it is all the time. There are so many things to learn as far as leadership in the field of dentals is concerned. The thing is that there are dental professionals all over the place who always want to begin their business quick and then flounder on later on. This may be really different.

A Closer Look at Dental Coaching

Dental coaching should never be hard to understand. This should be a way to fill in the gaps between business and technical knowledge, so to speak. This can be bridged all the time. Critical components may also be perceived at some point. This is mostly found on a lot of successful businesses around the place. This may include solid foundation most especially of staff. When it comes to the dental profession, it is important to make sure that the staff comes with a visible brand that the company will be making use of for most potential customers in the place. As for the infrastructure, it should also be in place. This can provide a possible impetus for the growth and creativity of the people involved. There should be a less turnover in here too. This is how it takes to learn about the net loss of the business.

For every business, leadership is vital. This should exist in every office there is.  Respect must also be very evident. Unique abilities and expertise may have to be dealt with at some point. Professionals spend most of their formative years in the setting of academics. This would always require the bearing of the sole burden for success to be realized later on. Whenever an individual recognizes micro-manager, this may feel that staff should be monitored at some point. This is when success is achieved. Office setting is also to be considered here. As much as possible, do hire people who are self-monitored and highly skilled. This is a way for everything to be controlled and managed without having a hard time.

How to Offer a Better Dental Service?

the dental practice management

As a dentist, it is very important for you to make sure that you would be able to offer the right quality of dental service to your clients and this could be a good reason why there are so many that would choose to have the best dental practice management. The dental practice management could be really helpful because it would let you have a better idea on the things that you have to do and learn on which could be convenient for most of your clients in the market.

However, aside from this, there are more things that you can do in order for you to offer a better quality of dental service to your clients. In this article, you will be guided more about those.

Keep the Training

It is important for you to always train yourself. There are so many people that would say, training or practicing could improve your skills. If you think that you haven’t given all your best then it would be really ideal for you to always go through some training and practice what you have learned. It will help you to be more assured on the possible service that you are going to offer to your clients.

Attend Seminars for New Equipment

There could be a number of seminars about different fields in dentistry and you may want to consider attending most of it. There should be new knowledge for you to learn every time you attend a seminar and that would be more convenient because you will know more about the experience of other people who have been in the same industry as you and let them help you to be guided on how you will better serve your clients.

Most of the seminars would discuss the use of different new equipment available that are very helpful in allowing you to provide the best experience for your clients.

Be Updated on the Current Trends

Also, you should be updated on the current trends. There could be new styles and kinds of dental services that are being recommended and introduced in the market. In just a short period of time, the clients would demand for those kinds of services and you need to make sure that you have enough knowledge on those in order to get more clients and eventually fulfill their demands. Upgrading your knowledge as well as your tools and equipment can help a lot when creating a good reputation as a dentist.

How to Start a Profitable Dental Practice

consultingThe dental industry is one of the leading trades today. There is no denying that dental services are considered a need among us nowadays. Celebrities, politicians, and even the next door neighbor are all trying to get the best dental services available to them. With the number of increasing possible patients, how do you keep up with the other dental clinics? Here are some ways on how to enhance and improve the services that you have.

Marketing Your Brand

As a dental practitioner, you must know the brand that you want your future customers to be loyal to. Create a brand that best describes and represents the kinds of services that you will offer. It is important to stay true to it and attract people who believe in the same ideals that you do. Open your mind to possible ways on how to get the word out there about your business. Email marketing is one tool you can use. You can also dabble in social media and other online platforms like blogs, websites, e-newsletters making it accessible and attractive to prospective customers.

Hiring Dental Consultants

There are many leading dental consulting offices that can help you expand your business. Each dental practice has its specific needs and goals. Find consultants who can best advise you about your business. As the main practitioner in the field that you are in, sometimes it is a struggle to juggle the time in between meeting up with patients and also checking your management systems and other aspects of your business. Relying on dental consulting pros will aid you to maximize your time and energy. They can give you strategies based on their evaluation of your practice on how to cope up with the competitive trade that you are in. There will be management support, market analysis, expansion strategies, and the like.

Dental Management Software

With the new technology in the palm of your hands, you can easily check any software that can help you in managing your office. You can install this software in your office’s computers to better improve your bookkeeping, administration, front desk, and scheduling systems. Ask around and research what best applies to the kind of business that you do.

There are numerous ways to improve one’s dental practice. The key is to know which technique will work best with you and your team and knowing how to make the changes for long-term.