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DPS Fall 2017

Dental Practice Success Fall 2017
 

Featured Articles

  • Amalgam separators soon to become law, not just best practice.

    The U.S. Environmental Protection Agency’s new federal ruling that every dental practice be equipped with an amalgam separator becomes the law of the land in less than three years — on July 14, 2020. The intervening time may seem like a long while to not think about the mandate, but astute dental practices will want to take advantage of the head start and plan for a smooth transition to meeting the requirements.

  • Confident dental benefits conversations ARE possible!

    Team members who can effectively answer dental benefits questions have two common traits: they are confident and clear in their conversations. Often, it’s not an innate skill. Rather it’s learned, practiced and celebrated. Doctors who are too busy to listen to the financial conversations swirling around may be truly impressed by their team member’s abilities. Or they may be horrified. But we can avoid the second scenario.

  • Do you have all your estate planning needs covered?

    No matter what stage of your dental career you’re in, it’s important to be organized and prepared for the future when it comes to managing and protecting your assets. A comprehensive estate plan provides an inventory of your savings, investments, personal and practice related property and other valuable possessions. It also documents your wishes for the distribution of assets to your heirs and benefactors.

  • Growing with the end in mind

    As a midcareer doctor, you likely have 15 to 20 years of patient care, staff management and office supervision behind you. Not only is this a significant accomplishment, but also you are now in an ideal position to look ahead and decide how you want to approach the remainder of your career. How can you maximize the value and profitability of your practice during the second half of your professional life so you are well situated for a successful retirement?

  • Less blame = less stress

    It can be difficult for leaders to learn not to blame others for mistakes and mess ups. It has taken me a while to learn this lesson. Apparently, my thickheaded ways or my bravado get in the way when it comes to errors. Blame comes easily when something fails.

  • Level 3 communication skills

    It’s widely agreed that communication issues are the biggest obstacle to both business and personal growth. At first, this seems like a head scratcher, why is it so difficult for two people to engage in conversation, exchange ideas and come to agreement or compromise? The reality is that we’re human and we’re messy. There are so many ways to go wrong: context, tone, history, bias, intent, misunderstanding and basic miscommunication are just a few of the pitfalls we can and have all experienced.

  • Market Buzz | Fall 2017

    The Fall 2017 edition of Market Buzz features notes on recent economic developments.

  • Negotiating a counter offer

    When interviewing for a job, there are three options available to you once an offer is extended: accept the offer as is, decline the offer, or submit a counter offer. Submitting a counter offer can be the most stressful option, but here are five reasons to consider it.

  • On the road to protective chip card reader conversion

    October 1 marked two years since the 2015 deadline for merchants to switch over to EMV — Europay, MasterCard and Visa — chip card terminals to avoid accountability for credit card fraud. Dental practices may lag with other small businesses that encountered the deadline.

  • What’s holding you back from using social media?

    More than a million millennials are becoming moms each year, according to data from the National Center for Health Statistics. The need to be more active digitally will continue to grow as millennial moms grow in numbers, age and buying power. Now is a great time to step back and consider what might be holding you back from the visibility and word of mouth social media offers.

  • Winning the battle against stress

    Nearly one-third of dentists (29 percent) are experiencing high or extremely high stress. Dealing with high stress day in and day out takes a physical, psychological and emotional toll. Fortunately, there are things you can do that can greatly reduce stress.

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