Keep cash available. Having cash on hand will protect the practice. We recommend building 3 to 4 months of cash reserves for unexpected events. …
Watch your overhead.
Watch your overhead. Can you find one way to decrease overhead by any small amount today? …
What should you do if your practice is declining in production?
What should you do if your practice is declining in production? Begin by analyzing all unnecessary expenses and eliminating waste to reduce overhead. Next, focus on three key strategies to improve …
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Have you analyzed your insurance plans lately?
Have you analyzed your insurance plans lately? Look at the worst three plans that you’re enrolled in and determine if they’re still worth keeping based on the number of patients, revenue, and …
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A New Video Series from Levin Group and DrBicuspid.com
Levin Group in partnership with DrBicuspid.com brings you the Dental Practice Made Simple video series. Watch the first video in the series here and follow DrBicuspid and Levin Group on social media …
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Always review tomorrow’s schedule.
Always review tomorrow’s schedule. Before leaving the office for the day, the front desk, hygienist, assistant and dentist should know the general schedule for the next …
Change your look.
Change your look. Every five years, practices should change the look of their common areas at least slightly. It says to patients that the practice is modern and cares enough to keep up with the …
How do you talk to patients about fees?
How do you talk to patients about fees? Potential patients will periodically call the practice to ask about fees. If you simply refuse to tell them, you’ll turn the person off and have little chance …
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Almost every no-show patient costs the practice money.
Almost every no-show patient costs the practice money. The best way to handle this is to retrain patients by not giving them an immediate appointment the next day. This will teach them that it is not …
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How much did you really spend for that most recent piece of equipment or technology?
How much did you really spend for that most recent piece of equipment or technology? Just like any sales organization there is fantastic marketing when it comes to selling you the best or branded …
Three things.
Three things. What inspires you? Every day we get up and go to work and are asked to give our very best performance. How do doctors and team members do this day after day after day? One great way is …
Do you have patients in your practice that annoy you?
Do you have patients in your practice that annoy you? Do you find yourself becoming agitated first thing in the morning when you see certain patients on the schedule? This is a very natural and normal …
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