Dental Practice Management | The Dental Business

Do you have an Emergency Directive, or “Will for your Practice”?

Mary Fisher-Day — Tue, 19 May 2020 13:09:32 +0000

Dr. Austin had no idea what was about to happen to his family and his practice when he left for work that Tuesday in March. Dr. Austin’s wife answered her phone to hear the voice of a police officer who would go on tell her that her husband was in a car accident and he …

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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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Diagnosis by Insurance Company – Can we do anything about it?

Mary Fisher-Day — Fri, 12 Jul 2019 01:21:03 +0000

Should Dental Associations and Organizations dedicate resources to creating PSA’s to educate law makers about the flagrant ways Dental insurance companies are undermining the relationship between you and your patients? Examples: 1) Letters sent to your patients inferring that your fees are too high and encouraging your patients to seek care from a dentist on …

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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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What Successful Dental Practice Owners Know and Do

Mary Fisher-Day — Fri, 08 Mar 2019 14:16:19 +0000

Successful Dentists know their Practice Numbers. · They know the numbers to review, how to obtain them and why they’re important. · They hire a bookkeeper or an accountant to handle business financials and review the profit and loss report monthly or quarterly (at the latest) Let the professionals handle payroll and payroll taxes, saving money and headaches. Successful …

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The Two Most Under-utilized Words in Business are

Mary Fisher-Day — Thu, 07 Dec 2017 02:24:48 +0000

The Dental Industry is no exception. Throughout my career as a Consultant, I’ve spent countless hours with dental team members and one of the questions I ask is, “what aspect of your job gives you the most satisfaction”? Recently, I placed a poll on Social Media asking which of the following is most important to …

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How Does Efficiency Save Dental Practices Money?

Mary Fisher-Day — Wed, 01 Feb 2017 21:41:59 +0000

Running a Successful Dental Practice is Stressful. You take good care of your patients and run a business too. You don’t take enough down time to enjoy your family and friends or to just put your feet up and close your eyes. It has been proven that stress can lower the immune system and make …

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