Where Did Your Referrals Go?
Here’s the Situation:
Specialty practices are under pressure from new forms of competition. Let’s talk about what’s really happening in the specialty practice universe…
1. Corporate dentistry is expanding.
As that happens, DSO’s and Large Group Practices will include more and more specialty services in their treatment offerings. Some will be “specialty only” corporate groups – all geared to keep everything in-house.
Corporate dentistry is certain to capture some segment of the population, but many patients will still seek out private practices that provide excellent care, have great reputations and deliver Five Star Customer Service.
Will your private practice be the one they pick?
2. General dentists have always been the core referral customer of specialty practices but are now providing more specialty services.
Even when a GP goes that route, the truth is that they can only provide a small portion of the specialty services they see, and they STILL refer the majority. It is not unusual in the business world for your main customer to also be a competitor.
How do you navigate this situation to maintain a steady stream of referrals?
It is much easier than you think, but ignoring it (or even worse being annoyed by it) is not a solution.
3. Dental insurance companies are continually lowering reimbursements and playing other games to decrease how much they have to pay specialty practices.
This is also happening to GP’s – and at an increasing speed.
Are you prepared to understand that an increased volume of referrals will be the only way to offset lower or changing reimbursements if you want to maintain (or even increase) practice production?
4. And let’s not forget about the rising debt levels of graduating specialists, an oversupply of specialists, delayed retirement for many specialists, multi-office expansion strategies, corporate groups that undercut the current market fees and many other factors – the list goes on and on…
It took 18 months of extensive research and a year of testing to put together the Levin Group OMS Referral Accelerator Program.
This is a totally new version of referral marketing and the fifth time that we have massively overhauled our referral marketing program and processes to meet the challenges facing specialists today.
Experience Unprecedented Growth—Starting Now
Levin Group clients have achieved extraordinary results with our OMS Referral Accelerator Program. By strengthening relationships, you increase referrals, production and profit for your practice. You can’t afford to wait… Levin Group’s OMS Referral Accelerator Program is a powerful, proven way to transform your OMS practice… and your life.
In Just 12 Months Your Practice Can Experience:
- More New Patients From Referring Doctors
- Improved Quality of Existing and New Referral Relationships
- Increased Number of New Referring Doctors
- Increased Implant Referrals
- Growth from Internal Implant Referrals
- More New Patients through Outreach Programs that Build Community Awareness
- Increased Profitability and Doctor Income
- Higher Professional Satisfaction with Less Stress
- Financial Independence Sooner
This is Levin Group’s best referral program yet!
What makes this new program better than anything we’ve ever done before is that it is based on what’s happening today. Specialists need to respond to challenges now, before referrals drop, to keep the practice strong in the future.
Think about how easy it is to destroy a referral relationship. One wrong phone conversation between a front desk person in the specialty practice and a front desk person in the GP practice can kill referrals. Everyone in the specialty practice needs to understand how important 5-Star Customer Service is at all times. Do you really have 5-Star Customer Service? After you work through our training program on 5-Star Customer Service you will. And your team will understand why it is so critical. You don’t want to be your own worst enemy.
So why are you losing referrals?
Research now indicates that the number one reason for a referral plateau or decline is competition, but inconsistency is a strong number two. While competition is a clear reason for the new referral challenges – inconsistency in referral marketing is the major reason that your referrals are not increasing. It is clear that the practices that consistently market and create innovative new strategies that add value to referring doctors and build relationships continue to increase referrals.
In the past maintaining referrals was easy and automatic. Today it does require specific referral marketing actions and focus on strong relationship building. The relationships alone are not enough and they cannot be built and then put on auto pilot. Smart specialty practices have smart marketing programs that focus on referring doctors and their practices using multiple levels of strategies and, of course, 5-Star Customer Service to ensure great patient experiences. Remember, every patient goes back to their GP and comments on their experience in the specially practice.
Prepare your specialty practice to come back stronger than ever.
For all these years your referring doctors have supported you, now it’s your turn to support them.
For over 30 years, Levin Group has offered dental specialists the only available comprehensive Referral Marketing Program, evolving and improving it continuously in response to the ever-changing dental environment. Now, Dr. Roger Levin and the Levin Group Consultants have developed the innovative Referring Doctor Success Module and added it to the Program to create Referral Marketing PLUS™— the most effective marketing program for increasing referrals ever devised. Ensure your practice success by providing your GPs the path to an easy and enjoyable practice, which leads to increased referrals to you.
Now is the time to innovate and approach your marketing in a new way. One that goes beyond building strong relationships but also provides your referring doctors the business tools they need to grow. When you do this, they will view you in an entirely new light – And they will always remember your commitment to them!
Referral Marketing PLUS™ now includes an amazing new module that provides specific and detailed practice management and practice building strategies for you to deliver to your referring doctors. This is in addition to all the cutting-edge, relationship-building strategies that are the hallmark of our program. And Levin Group provides it all, including the training your marketing coordinator will need to implement it.
Why Referral Marketing is Essential to the Future of Your Specialty Practice
You live and die on referrals. That is the #1 business rule for all dental specialists. Levin Group pioneered the concept of referral-based marketing in the dental profession.
Building on the success of our industry-leading Referral Marketing Consulting Program, and in response to the unprecedented changes taking place in dentistry, we developed and added yet another level of highly effective specialized programming to help your referring doctors achieve their goals.
And we position you as the source of that programming. Your best customers will recognize that you are fully committed to their survival and success.
Great companies know that if they make their customers more successful they will be more successful- and referring doctors are your customers!
What have you done to give back to referring doctors? One delivery? One seminar? One study club? Those are nice but they will no longer be enough. They count, but now you must raise your game. If you do, you will attract more referrals and new referral sources.
Levin Group’s approach to referral marketing has already helped over 7,000 specialty practices since 1985.