What do Mick, Keith and the boys know about running a dental practice? Actually, more than you might think, judging from some of the songs in their catalogue. Let’s dust off a few classics as well as a few deep cuts and see what practice management lessons can be gleaned from the world’s greatest rock’n’roll band…
Start Me Up (from Tattoo You)
Kick off your day with a brief morning meeting. This keeps your entire team on the same page about what will be occurring in terms of new patients, patients with unaccepted treatment, patients who owe money, openings in the schedule, etc. The meeting should last 10 minutes or so. If you’re experiencing some customer service issues, the morning meeting is a good forum for reviewing practice policies, creating new scripts if necessary and role-playing different scenarios.
Miss You (from Some Girls)
Patients aren’t as loyal as they once were. They’ll jump to another practice if they see a coupon for a new patient exam or they’ll stop coming in for regular care for a variety of reasons. Sometimes, it’s economic. They changed jobs and they no longer have dental insurance. Sometimes, it’s something you or your staff did. Your front desk coordinator was curt or you had an emergency and couldn’t spend much time, catching up with them.
Treat your patients like VIPs. Pretend your patients are actually the Rolling Stones or whoever your favorite musical artist is. Make every patient visit to your practice a special one.
Stop Breaking Down (from Exile on Main Street)
When systems are old, they constantly break down. When systems aren’t documented, team members don’t know what to do. When team members aren’t trained on the systems, things don’t get done the right way.
Practicing with outdated systems is like trying to run a marathon with 20-pound weights tied to your ankles. You’re going to expend a lot of energy trying to accomplish the simplest tasks. As those systems continue to age, those weights get heavier and heavier.
So, you have choice… tolerate old, inefficient systems or replace them.
Gimme Shelter (from Let It Bleed)
Some days, it’s hard being the boss. There are times when you’ve got to interact with unhappy patients, upset team members and difficult colleagues. As the practice owner, the buck stops with you. Of course, you should delegate all the small, non-clinical stuff to your team. But the big stuff still falls on your shoulders. And that makes it incredibly challenging to leave the job behind when you go home for the day.
To be an effective CEO, you need time away from the practice and you need to protect that time or else you end up working 12–14 hours every day, which isn’t good for you or your family.
What’s the point of owning a practice that produces $2 million a year if you have no time to enjoy your success and no one to enjoy it with?
Every dentist needs a life outside your practice. That means spending time with family and friends. That means pursuing hobbies and taking vacations. That means having down time, where you do absolutely nothing. Owning a dental practice can be all-consuming, but it doesn’t have to be.
Time Waits for No One (from It’s Only Rock’n’Roll)
Your practice may have been doing great five years ago. But not so much right now. Dentistry is in a constant state of flux, and you have to keep up. Your once-new systems five years ago are now outdated. They don’t perform like they used to. Your practice has changed in terms of services, technology, software, goals and personnel, yet you’re still trying to force those old systems to do things they’re no longer capable of doing.
Change is a constant in business and life. If you do nothing to keep up, you will eventually be passed by. Your practice is the best investment you ever made, but it’s an ongoing investment. You can’t expect a plant to grow if you never water it. The same is true for your practice. To grow your practice, you need to invest in it… that means new technology, equipment, software, training, systems, décor, etc. Maybe not every year, but not once every 10 years either. You don’t want to be the owner of a fixer-upper practice. That’s a hard way to practice, and in the future that will be a hard practice to sell.
Satisfaction (from Hot Rocks)
Are you happy with your practice and your career? While a certain amount of dissatisfaction acts as fuel for making positive changes, you don’t want to dread waking up and going to the practice every day. That’s no way to have a career and, most important, that’s no way to live.
If you are unhappy about how your practice is performing, make a list of everything you’re dissatisfied with. Examine the list. What do you have in your power to fix? Go for the low-hanging fruit first. Don’t like how the doctor’s office is set up? Stay late and rearrange it. Once you get the easy stuff done, move to the more challenging fixes.
If you don’t have the skills or the know-how to improve the situation, get help. Have a tax issue? Call an accountant. Want a new business structure? Seek the advice of a dental-knowledgeable attorney. Need help with your management and marketing systems? Get the assistance of an expert consultant.
Taking advice from the Rolling Stones may seem a little far-fetched, but how many musical acts have been as successful as the bad boys of rock’n’roll? The next time your practice is giving you the blues, crank up your favorite Stones album… you’ll not only get to enjoy some in-your-face rock’n’roll, but perhaps also some relevant practice management advice as well.