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While many dental patients have some form of dental insurance, many do not. It’s common for dental practices to offer payment plans to patients who need them. While it’s beneficial to offer patients some flexibility in how they pay, the result may be a collection of past-due invoices. As you know, a lack of incoming payments can cause issues with cash flow.
Dentists who own their practices are highly trained professionals with the skill and experience to treat patients. Where a dentist’s professional training may be inadequate is in running a business, outside of dealing with patients. One such need may be in the dental practice’s accounting. While many dentists try to handle their accounting without assistance, it can be a costly mistake if you don’t have the proper training.
Are you prepared for dental industry changes in 2023? This post was originally published August 13, 2015, and updated December 27, 2022. At Titan Web Agency, we work with some of the nation's top dental practices. We consider it our responsibility to stay on top of the latest dental industry trends and what they mean for our clients. As the new year has almost begun, it is time to review the current trends in dentistry for 2023 and how they’ll impact[…]
Your dental practice needs patients to survive, but you also need to earn enough money to pay your overhead expenses, make payroll, update equipment as necessary, and market your practice to attract new patients. For many dentists, the rising cost of running a practice necessitates an increase in prices.
Your Guide To Getting More Google Reviews
You'll learn:
Running a mental health practice requires a combination of clinical expertise and administrative skills, which are two areas that can be difficult to balance. For mental health professionals, patients’ needs come first—and that may mean that administrative and organizational tasks take a back seat.
Any dentist who owns a practice knows that their practice has value in the marketplace. Its value is based on a variety of things, including the owner’s reputation and experience, the number of patients the practice serves, the payment sources of the patients, as well as the physical equipment and assets owned by the practice.
*This post was originally published April 6th, 2017, and extensively updated August 8th, 2022. Are you struggling with your patient retention rate? As a healthcare professional with your own practice, it can be disheartening to see your patients leaving and going to your competitors. Attracting new patients is far more costly than retaining existing ones, so focusing on patient retention is essential for practice growth. At Titan Web Agency, we work[…]
What is the best approach to handling patient cancellations? In any dental practice, patient cancellations and no-shows reduce profits and can impede efforts to grow a practice and attract new patients. While it’s impossible to eliminate all cancellations, it’s essential to put practices in place to reduce them and minimize no-shows. No-shows are even more disruptive than cancellations because there is no warning and thus, no way to fill the[…]
In any dental practice, it's necessary to balance the retention of current patients with the acquisition of new ones. When a patient hasn't seen you in a while, it may be necessary to make a concerted effort to get them back into your office for an exam and cleaning--something that can also spur practice growth and increase your profits.
*This post was originally published February 2nd, 2016, and extensively updated July 8, 2022. How Can Patient Satisfaction Be Improved? Patient satisfaction is at the core of any successful healthcare practice. When patients feel respected, valued, and cared for, they are likely to remain with a provider for years. They may also help attract prospective patients by making referrals and writing positive reviews. Sometimes, providers lose sight of the[…]
