Monitor all cash flow carefully. Effective financial management depends on knowing exactly where the endo practice’s money comes from and where it goes. Track all collections, purchases and expenses. …
When you change systems, remember to change the documentation.
When you change systems, remember to change the documentation. Although outdated business systems should be replaced rather than tweaked, some interim fixes will be necessary. When you alter …
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Principles of Practice Leadership: Open the channels of communication.
Principles of Practice Leadership: Open the channels of communication. As the practice leader, you are responsible for keeping team members informed and inspired. Learn to use not only formal …
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Advice for the Endodontist – Follow the rules for setting goals.
Advice for the Endodontist – Follow the rules for setting goals. Goals should be written down and measurable—and have deadlines. They should be reviewed, and updated if appropriate, annually or …
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Honor members of your team for their accomplishments.
Honor members of your team for their accomplishments. Reward successes with praise and special gifts. Celebrate individual and practice achievements by holding staff dinners or fun events. Convey a …
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Advice for the Marketing Coordinator – Use diverse referral marketing strategies.
Advice for the Marketing Coordinator – Use diverse referral marketing strategies. Create a one-year marketing plan that consists of multiple ongoing activities, including: Doctor lunches …
Learn to read body language.
Learn to read body language. Patients communicate quite a lot about how they’re feeling with their posture, gestures, facial expressions and other types of body language. By learning to read the …
Advice for the Endodontist – Review practice loans periodically.
Advice for the Endodontist – Review practice loans periodically. If you haven’t considered refinancing your business debt lately, take a look at the terms of your loans. You may discover opportunities …
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Advice for the Endodontist – Lead your team through changing times.
Advice for the Endodontist – Lead your team through changing times. Endo practices must adapt to the new dental economy, making changes in order to meet new challenges. As the practice owner, you must …
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Advice for the Endodontist—Focus on each patient as a unique individual.
Advice for the Endodontist—Focus on each patient as a unique individual. It’s easy to get in the habit of running through case presentations mechanically, with no real acknowledgement of how the …
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Help the endodontist achieve the daily production target 90% of the time.
Help the endodontist achieve the daily production target 90% of the time. To reach an annual production goal, the doctor must consistently hit the daily mark most of the time. The endodontist may be …
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When you see a drop in efficiency, look first at communications.
When you see a drop in efficiency, look first at communications. The smooth operation of any endo practice depends on how well team members communicate with each other. A procedural breakdown can …
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