The glass is half full. There is a study that found people have four negative thoughts to every one positive thought. If you can begin to crowd out your negative thoughts and focus on the positive, …
Cash will always be king.
Cash will always be king. Make sure your practice is putting just a little bit away week after week, month after month. By having a solid cash reserve, the practice is protected regardless of what …
Stop blaming the pandemic.
Stop blaming the pandemic. If you’re not hitting your goals or targets for the year, don’t keep blaming the shutdown. Of course the shutdown has a negative effect on practices, but there are many new …
Reactivate patients by reaching out in multiple ways.
Reactivate patients by reaching out in multiple ways. If you want to reactivate your patients it will not be enough to simply send them a text message. Patients are more concerned about safety and …
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Make sure to check PPE prices every few months.
Make sure to check PPE prices every few months. The cost will be coming down and there will be more and more sources with lower prices. …
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Apply the 80:20 principle.
Apply the 80:20 principle. The 80:20 principle applies to the reports that you can print out every month. The truth is that only about 20% of them have real value in understanding the practice and …
How is your energy curve?
How is your energy curve? In challenging times your energy can be depleted quickly. It’s important to make sure that every doctor and team member maximize their energy every day so they can bring a …
Ask for more reviews.
Ask for more reviews. If you want more positive reviews, all you have to do is ask. Your patients like you and appreciate you. If you ask them to write a review and give them the information on a …
What is the next step in your strategic plan?
What is the next step in your strategic plan? Can you articulate exactly what your next practice improvement or direction will be? If not, you may want to take time to figure out exactly what you want …
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Who are you learning from?
Who are you learning from? There are many people offering advice, education, or guidance and they can have valuable insights. Determine the type of advisor you need and reach out to them. …
Look at your KPIs.
Look at your KPIs. All good businesses have a set of key performance indicators (KPIs) that measure practice performance. If any of your KPI’s are not at the right level take time to determine why and …
COVID-19 Tip: If a patient has a tiny balance such as five dollars, write it off.
During this time, each Tip of the Day will focus on bringing ideas to help you best manage the practice issues associated with this rapidly evolving virus outbreak and prepare your practice for the …
