The Dental Business https://thedentalbusiness.com/ Practice Transitions Tue, 16 Jan 2024 14:43:33 +0000 en-US hourly 1 https://thedentalbusiness.com/wp-content/uploads/2019/05/cropped-Fisher-Day-Dental-Business-Icon-Only-Web-32x32.png The Dental Business https://thedentalbusiness.com/ 32 32 Dental practice owners who want to retire on their terms must be familiar with the following: https://thedentalbusiness.com/dental-practice-owners-who-want-to-retire-on-their-terms-must-be-familiar-with-the-following/ Wed, 03 Jan 2024 23:01:56 +0000 https://thedentalbusiness.com/?p=7473 It’s been my experience that most practice owners wait too long to plan for the sale of their practice. The consequences are disappointing offers to purchase, little control over the sale of their practice, and more. Do you have a plan? Are you familiar with the key Practice Management Numbers? For the previous calendar year, …

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]]> An Overview of the Services of a Buyer Representative https://thedentalbusiness.com/an-overview-of-the-services-of-a-buyer-representative/ Mon, 24 Jul 2023 18:53:34 +0000 https://thedentalbusiness.com/?p=7446 I’ve been asked to provide an overview of the services of a Buyer Representative. I can only speak for my services, so here goes:  *While it is best to engage my services prior to the offer to purchase, it is not essential IF the offer to purchase is non-binding.  Requests I typically make for Pre-Due-Diligence: …

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]]> Preparing Your Dental Future, featuring Mary Fisher-Day & Dilaine Gloege https://thedentalbusiness.com/preparing-your-dental-future-featuring-mary-fisher-day-dilaine-gloege/ Mon, 23 May 2022 18:07:33 +0000 https://thedentalbusiness.com/?p=7096 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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]]> Being Ready with Mary Fisher-Day https://thedentalbusiness.com/being-ready-with-mary-fisher-day/ Tue, 12 Apr 2022 00:54:52 +0000 https://thedentalbusiness.com/?p=7082 Listen to Mary’s interview with Dr. Laura Mach, as she lays out a blueprint for an emergency exit plan for your dental practice. Link to Podcast..

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]]> What do Brokers do to earn their pay? https://thedentalbusiness.com/what-do-brokers-do-to-earn-their-pay/ Sun, 27 Feb 2022 21:04:36 +0000 https://thedentalbusiness.com/?p=7060 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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]]> Do you have an Emergency Directive, or “Will for your Practice”? https://thedentalbusiness.com/do-you-have-an-emergency-directive-or-will-for-your-practice/ https://thedentalbusiness.com/do-you-have-an-emergency-directive-or-will-for-your-practice/#respond Tue, 19 May 2020 13:09:32 +0000 https://thedentalbusiness.com/?p=6580 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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]]> https://thedentalbusiness.com/do-you-have-an-emergency-directive-or-will-for-your-practice/feed/ 0 SIX WAYS A PPO PRACTICE CAN INCREASE INCOME https://thedentalbusiness.com/six-ways-a-ppo-practice-can-increase-income/ https://thedentalbusiness.com/six-ways-a-ppo-practice-can-increase-income/#respond Mon, 18 May 2020 17:11:40 +0000 https://thedentalbusiness.com/?p=6577 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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]]> https://thedentalbusiness.com/six-ways-a-ppo-practice-can-increase-income/feed/ 0 The Benefits of Practicing Dentistry in a Small Town https://thedentalbusiness.com/the-benefits-of-practicing-dentistry-in-a-small-town/ https://thedentalbusiness.com/the-benefits-of-practicing-dentistry-in-a-small-town/#respond Tue, 10 Dec 2019 19:34:11 +0000 https://thedentalbusiness.com/?p=5943 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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]]> https://thedentalbusiness.com/the-benefits-of-practicing-dentistry-in-a-small-town/feed/ 0 Buying a Dental Practice: How One Decision Saved My A** and Likely, My Career https://thedentalbusiness.com/buying-a-dental-practice-how-one-decision-saved-my-a-and-likely-my-career/ https://thedentalbusiness.com/buying-a-dental-practice-how-one-decision-saved-my-a-and-likely-my-career/#respond Sat, 02 Nov 2019 01:36:56 +0000 https://thedentalbusiness.com/?p=5807 Dr. Rebekkah Merrell I graduated from dental school, so I’m smart, right? A few years after finishing my residency, I decided I wanted to own my own practice. I was trapped working for a corporate practice that made me hate going to work everyday. I was itching for a change and fast. I began looking …

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]]> https://thedentalbusiness.com/buying-a-dental-practice-how-one-decision-saved-my-a-and-likely-my-career/feed/ 0 Diagnosis by Insurance Company – Can we do anything about it? https://thedentalbusiness.com/diagnosis-by-insurance-company-can-we-do-anything-about-it/ https://thedentalbusiness.com/diagnosis-by-insurance-company-can-we-do-anything-about-it/#respond Fri, 12 Jul 2019 01:21:03 +0000 https://thedentalbusiness.com/?p=5273 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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