A Peer-Reviewed Publication Written by Alan RichardsonAbstractIt is essential for doctors to have ongoing knowledge of the financial condition of their practices. This requires...
The number of dental and dental specialty practices consisting of two or more owners continues to grow. If Dr. Senior is planning to admit Dr. Junior as an owner, both owners ...
The primary value of any dental practice is the continuing cash flow generated by its patient and/or referral base. If a former associate or owner acquires a nearby competitor...
My best friend and mentor, Dr. Jim Pride, stressed that two factors were key to success in the business of dentistry: leadership and management. Leadership is about having a clear...
This year I will reach my 20th anniversary as a practicing dentist. During that time, I have had the opportunity to be involved with four successful practice startups. With the...
The provision of health care is changing rapidly as providers endeavor to maintain maximum efficiency while navigating a technology-rich climate. As a result of the reliance on...
Getting to the video store and finding out all of the copies of the movie you wanted were gone. Hunting down a pay phone to ask your spouse if there is anything else he or she...
The high-speed dental handpiece is, without a doubt, one of the most commonly used and critical instruments in dental practices. Used in nearly every dental procedure, proper ...
Biomimetic dentistry seeks to promote the science and merits of tooth-conserving dentistry. When compared to more traditional methods, these concepts can result in greater longevity...
Patients seek out practices where they believe they will receive the most comprehensive exams and treatment, so they bill not only their dental carriers, but also their medical...
Restorative digital dentistry (RDD) can be a complicated thing at first glance. It can be frustrating, demanding, confusing, and even exhausting to master. But there is no doubt...
An explanation or description of lifespan is unnecessary, as it is understood by all to mean the duration of existence of an individual. No one, including physicians, dentists...
I've read various opinions on when to extract a tooth and place an implant. Assuming a patient has adequate financial ability to do either treatment, when should a tooth be extracted...
The rule of three is a principle suggesting that things that come in threes are inherently funnier, more satisfying, or more effective than other numbers of things. It is also...
What does your dream dental practice look like? What level of financial success do you want? Is your current practice success what you hoped it would be?
You already know about lead generation, right? It's the pretty sister in the marketing family. Everyone wants to get to know her first. But when it comes to cosmetic dentistry...
Your hygiene team is a crucial, but often overlooked, aspect of the success and productivity of your practice. In many ways, they are the "front lines" of the office, promoting...
I am a solo practitioner and have two full-time hygienists. Our practice is very busy, and I don't have the luxury of spending copious amounts of time in the hygiene exam. But...
Let me ask you a question. What would you do if you knew that your receptionist was kicking 33% of your new patients in the shins when they tried to come into your practice? You...
Dentists don't want to guess when it comes to making business decisions for their practices. That's why, like many other successful business owners, they rely on the reporting...
Many dentists continue to rely on a scheduling system that should have been replaced years ago. Some practices see no reason to improve their scheduling system because there are...
In an attempt to protect Allied shipping during World War II, the War Advertising Council produced a series of propaganda posters that reminded the public about information security...
It's no secret. Dentistry has shed about 18% of total revenues over the past six or seven years. Do you remember the cosmetic heyday that lasted from 2002 through 2006? Almost...
Six years ago at the beginning of America's second worst economic collapse, I opened a new general dental practice with a focus on cosmetic dentistry in Naperville, Illinois. ...
Look how fast time goes. Nearly a year ago, the ADA told dentists about the deadline to make a decision about Medicare. Dentists learned they would need to take action and submit...
You already know you should be using social media marketing to reach your practice's target audiences. What may not be so clear is which platforms to use, what kind of message...
Through the years, one indicator that experts used to judge the financial success of a dentist was whether the dentist had stopped treating kids. Making the decision to stop treating...
Peter E. Dawson, DDS, hears the same concerns from his young students over and over again: diminshed futures for dental graduates. But he thinks that the future for young dentists...
The first three articles in this series explored trends in dental education, how they have impacted dental workforce trends, and dental economic trends (see sidebar). We saw how...
Any general dentist can add the word "cosmetic" to their shingle, right next to the words "family" or "implant." Adding a word to a shingle means we are looking to establish ourselves...