Dental Economics | The Dental Business

Preparing Your Dental Future, featuring Mary Fisher-Day & Dilaine Gloege

Anne Duffy — Mon, 23 May 2022 18:07:33 +0000

Preparing Your Dental Future, featuring Mary Fisher-Day & Dilaine Gloege Audio – 30 MB In this episode, Anne Duffy is joined by Mary Fisher-Day & Dilaine Gloege. Mary Fisher-Day is the owner and CEO of “The Dental Business,” a company whose mission is to help dentists who are purchasing a new practice to be happy …

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What do Brokers do to earn their pay?

Mary Fisher-Day — Sun, 27 Feb 2022 21:04:36 +0000

I have received this question often: What does a broker do to earn their pay? I want to preface this by saying that I am referencing brokers with integrity in this article. Just as there are good dentists and not-so-good dentists in the world. The same can be said for brokers there are some good …

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SIX WAYS A PPO PRACTICE CAN INCREASE INCOME

Mary Fisher-Day — Mon, 18 May 2020 17:11:40 +0000

1) Increase your fees every year. Why? Because you will never receive an increased in reimbursement rate if you don’t increase your fees and bill at your own UCR. Practices that bill their UCR do receive an increase in reimbursement rates from time to time. It really does happen! 2) Bill your UCR and adjust …

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The Benefits of Practicing Dentistry in a Small Town

Mary Fisher-Day — Tue, 10 Dec 2019 19:34:11 +0000

Did you know that people living in rural small towns often drive more than an hour to see a dentist? The Federal Government and many states offer incentive programs for dentists who agree topractice in high-need areas. When taken advantage of the programs reduce student loan debt significantly. In instances where loan forgiveness isn’t necessary …

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What you need to know if you want to own a Dental Practice

Mary Fisher-Day — Mon, 01 Apr 2019 19:02:25 +0000

Whether you’re planning to own a practice, or you already do, this article is for you. You won’t likely receive the following information in Dental School, in Residency or as an Associate Dentist. Reality Bites: It does not matter how much you love your team or how much they love you, they will never care as …

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Benefits of a Small-Town vs. Big-Town Practice

Mary Fisher-Day — Tue, 25 Oct 2016 22:08:03 +0000

The following article was written by our Founder, Mary Fisher-Day, exclusively for Dental Entrepreneur Magazine and appears in the Fall, 2016 issue and the online edition Here. There’s plenty to be said of the benefits of living and practicing in a big city or Metropolitan area. Proximity to upscale dining, Cultural Activities and Shopping Malls …

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Dental Office Overhead

Mary Fisher-Day — Wed, 18 Feb 2015 02:36:02 +0000

The following overhead numbers are typical of a well managed Dental Practice: • Staff Salaries (including benefits and government required Payroll expenses) = 24-28% • Clinical Supplies = 6% • Lab Fees (all) = 7-8% • Rent or Lease payment = 4% • Equipment Leasing/Purchases = 2-3% • Office Supplies (includes postage and electronic billing …

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A Note From Mary

Mary Fisher-Day — Tue, 14 Oct 2014 19:02:03 +0000

When you think you can’t afford to hire a practice management coach or consultant is when you need one most. If your practice is in need of a consultant/coach, find one that will work with you on payments. Our clients see their investment repaid many times over and in a very short period of time. …

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Top Mistakes Made By Dental Practice Owners

Mary Fisher-Day — Mon, 22 Sep 2014 13:06:48 +0000

What are the top mistakes made my dental practice owners? 1- Under estimating the value of team communication * Morning meetings or huddles are the most important communication of the day. This 10 to 15 minute meeting will set the tone for the day. The Doctor or Scheduling Coordinator should facilitate Review the schedule …

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Is Your Team On Board?

Mary Fisher-Day — Sat, 24 May 2014 15:49:34 +0000

Do you have a practice mission statement? If not, you really should. If you do, is your team on board? I believe teams are the same regardless of industry. A business will succeed or fail because of the team. A coach cannot win a game without a team just as a dentist cannot practice dentistry …

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