dental economics | The Dental Business

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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Eight Things Employees Expect and Deserve

Mary Fisher-Day — Mon, 05 May 2014 11:55:39 +0000

Do you feel as if your employees are happy, motivated and satisfied with their career choice? Do you know what the Eight Things your employees expect and deserve the most? These Eight Things may surprise you! To be treated with Respect Acknowledgement when expectations are exceeded Good Work Environment Expectations made clear Performance Evaluations Communication on …

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A few of our strategies for ending the year on a good note and starting the next year off ahead of the game.

Mary Fisher-Day — Fri, 08 Nov 2013 15:19:42 +0000

Where has the year gone? I cannot believe its November already. I want to share with you a few of our strategies for ending the year on a good note and starting the next year off ahead of the game. Set goals for 2014: Production; Collections; Collection %; Hygiene; Specialty Procedures, etc. Review your fee …

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Interview with Mary Fisher-Day, Founder and Owner, The Dental Business – Part Two

Mary Fisher-Day — Fri, 08 Nov 2013 15:16:26 +0000

Conducted by Livvie Matthews, Simple Social Media TV Part Two Livvie Matthews: Mary, what about Compliance and Documentation? Do you feel there are particular areas that practices should pay attention to when it comes to Compliance and Documentation? Mary Fisher-Day: Yes, I do. These are the areas dentists rarely think about. Yet, these are areas …

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Interview with Mary Fisher-Day, Founder and Owner, The Dental Business

Mary Fisher-Day — Fri, 08 Nov 2013 15:05:16 +0000

Conducted by Livvie Matthews, Simple Social Media TV Part One In this insightful interview, Mary will share her tried-and-true strategies for a successful dental practice. Implementation of these strategies will allow you to enjoy going to work each day, have a productive and profitable practice and enjoy time away from work without worry. Livvie Matthews …

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How to Tell if You Really Need an Associate

Mary Fisher-Day — Wed, 16 Oct 2013 23:52:56 +0000

Question: Do I Need An Associate? Case Study: Dr. Jones states: “We work through lunch on a regular basis. My schedule is crazy and my patients are kept waiting much too long. I’m constantly putting out fires, doing operative work and hygiene exams (in two rooms) at the same time. I am always under …

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