There are several ways for dentists to establish their own dental practice as they desire to have more control of their future earnings including acquiring a dental practice. Reasons to begin a sole practice include reducing their student loan debt, having a more flexible schedule, or just working under a different set of rules, to […]
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How to Increase Patient Volume
COVID-19 has been a major game changer for most dental practices. The examination of patient volume and the daily office schedule can help determine how to develop an updated schedule to maximize patient volume. The dental practice’s success or failure depends on the number of patients visiting it. If new patients are being added on […]
Read More10 Tips for Private Equity Stockholders and DSOs to Optimize PPO
Insurance negotiations and credentialing are essential parts of maintaining a dental practice. To have the most profit, negotiations for fee schedules will need to be done regularly and by someone who is trained and familiar with the processes. Providers credentialed with a variety of insurance will benefit from the most patient flow and retention. Let’s […]
Read MoreResilient Dental Practices During and After the Pandemic
The methods for patient care in dental practices changed drastically in 2020. In March 2020, the CDC released a statement recommending that dental practices postpone elective procedures, surgeries, and non-urgent visits. Although the recommendations have been updated and more elective procedures were allowed, the COVID-19 virus is still present, and it is unknown what the […]
Read MoreStrategies for Dental PPO Negotiations and Credentialing
Negotiations and dental credentialing can seem like a lengthy and time-consuming process. But if you want to increase your profits and provide more services to your patients, they are necessary to keep your practice thriving. Here, we will discuss some strategies for dental PPO negotiations and tips for credentialing, including assessing your opportunities, renegotiating with […]
Read MoreStrategies to Recover Lost Revenue from 2020
The COVID-19 pandemic affected businesses throughout 2020 and, unfortunately, most are still struggling with financial loss now in 2021. Business closures, drastic decreases in clientele, and staff layoffs are just a few of the changes that affected dental practices across the United States and the world. Now that it has been deemed safe by the […]
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