A successful practice requires a knowledgeable manager and a strategic business plan. In order to create strategic business plans that help dental practice thrive, managers need the proper information, and much of this information is derived from KPIs. KPI stands for Key Performance Indicator. KPIs can indicate the performance of a number of areas of […]
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Find Your Practice’s Blind Spots to Increase Your Revenues
One of the best things you could do for your dental practice is taking the time to adequately assess your strengths and weaknesses. It can be tempting to focus only on what you are doing well and on what is working, but the reality is that seeking out blind spots and then working to resolve […]
Read MoreHow To Create Same Store Growth For Your Dental Practice
Almost every dentist would love to increase the revenue their practice generates while not hiring more staff. In business, this is called “same-store sales growth.” There are countless ways to use effective dental practice management and marketing to increase revenue. It takes some vision, creativity, research, planning and investment, but it is not too difficult […]
Read MoreAre you AWARE of the BCBSM change!
PPO Negotiations hope this finds you well. 2020 will definitely be ONE for the record books! First there was Covid-19 and now a change of the Network Administrator for BCBSM that struck the dental industry as of October 1, 2020 Our goal is to make sure you and your practice(s) are aware of the BCBSM […]
Read More10 Things You Need to Know About You and PPO’s
As a dentist, do you feel like you are at the mercy of the PPOs? Is writing off tens of thousands of dollars because of how you participate in dental PPOs hurting your practice? Do you feel trapped into giving deep discounts to PPOs in order to keep existing patients? If you are at a […]
Read MoreRevenue down? Get Ready to Increase Your Insurance Reimbursement
Dentists expect to be highly compensated because of their extensive time, financial and technological investment. Furthermore, dentists strive to provide the best patient experience possible with the latest procedural and technological advancements. However, little by little, PPOs encroach on that compensation and care level by reducing fee schedules over time. What’s worse is that employees with insurance often tend […]
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