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Archive for month: August, 2016

Practice Valuation Factor: Accounts Receivable.

Practice Valuation Factor: Accounts Receivable. Uncollected—perhaps uncollectible—money can undermine the value of your practice. The seller and buyer will need to negotiate who will be responsible for collecting the receivables, how the receipts will be allocated, whether there will be a discount if the buyer collects them, etc.

Learn practice finance and a whole lot more with Dr. Levin’s comprehensive Endo Platinum Library. This ultimate practice management reference set gives you inside knowledge about the systems and strategies that have led thousands of endodontists to greater success. Click here for details.

Practice Valuation Factor: Accounts Receivable.

Practice Valuation Factor: Accounts Receivable. Uncollected—perhaps uncollectible—money can undermine the value of your practice. The seller and buyer will need to negotiate who will be responsible for collecting the receivables, how the receipts will be allocated, whether there will be a discount if the buyer collects them, etc.

Learn practice finance and a whole lot more with Dr. Levin’s comprehensive OMS Platinum Library. This ultimate practice management reference set gives you inside knowledge about the systems and strategies that have led thousands of surgical specialists to greater success. Click here for details.

Advice for the Office Manager – Be inclusive during meetings.

Advice for the Office Manager – Be inclusive during meetings. Staff members who tend to be quiet or shy may refrain from speaking up unless encouraged to do so, especially if others are allowed to dominate the conversation. Bring quieter team members into the conversation by saying something like: “Let’s go around the table, so we can hear from everyone on this issue.” This kind of inclusiveness demonstrates to the entire team that everyone’s opinion is important.

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Advice for the Office Manager – Be inclusive during meetings.

Advice for the Office Manager – Be inclusive during meetings. Staff members who tend to be quiet or shy may refrain from speaking up unless encouraged to do so, especially if others are allowed to dominate the conversation. Bring quieter team members into the conversation by saying something like: “Let’s go around the table, so we can hear from everyone on this issue.” This kind of inclusiveness demonstrates to the entire team that everyone’s opinion is important.

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Practice Valuation Factor: Accounts Receivable.

Practice Valuation Factor: Accounts Receivable. Uncollected—perhaps uncollectible—money can undermine the value of your practice. The seller and buyer will need to negotiate who will be responsible for collecting the receivables, how the receipts will be allocated, whether there will be a discount if the buyer collects them, etc.

Learn practice finance and a whole lot more with Dr. Levin’s comprehensive GP Platinum Library. This ultimate practice management reference set gives you inside knowledge about the systems and strategies that have led thousands of dentists to greater success. Click here for details.

Advice for Staff Members – Reassure patients about recommended treatment.

Advice for Staff Members – Reassure patients about recommended treatment. Only the doctor can recommend clinical treatment, but all team members can help patients feel good about accepting it. Praise the doctor’s excellent skills, experience and results. You can also talk about how pleased other patients were with the treatment they received.

Advice for Staff Members – Reassure patients about recommended treatment.

Advice for Staff Members – Reassure patients about recommended treatment. Only the doctor can recommend clinical treatment, but all team members can help patients feel good about accepting it. Praise the doctor’s excellent skills, experience and results. You can also talk about how pleased other patients were with the same treatment.

Advice for the Ortho Assistant – Praise teens who are taking good care of their teeth.

Advice for the Ortho Assistant – Praise teens who are taking good care of their teeth. Compliance can be a challenge for many teenagers. Always compliment patients who are doing a good job of brushing and flossing around their braces. Encourage non-compliant patients to improve their brushing habits. Many ortho practices use incentive programs that feature teen-oriented prizes to inspire better at-home care among their adolescent patients.

Advice for the Hygienist – Praise patients who are taking good care of their teeth.

Advice for the Hygienist – Praise patients who are taking good care of their teeth. Compliance can be a challenge for many children. Always compliment patients who are doing a good job of brushing and flossing. Encourage non-compliant patients to improve their brushing habits. Many pedo practices use incentive programs that feature fun prizes to inspire better at-home care among their patients.

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