Rebecca Walser, J.D., LL.M., CFP® Note from the editor: As we all know, sweeping tax legislation passed just a few months ago. In that vein, we’re pleased to present this week’s post from our special guest, Rebecca Walser, JD, LLM, CFP. Ms. Walser is a tax attorney, wealth strategist, certified financial planner, author of the book “Wealth Unbroken,” and owner…
Controversial statement warning: We (dentists) are unwittingly ruining our profession. Yeah…you read that right. There’s something that most of us do (it’s so common, you may have even done it today), that: Negatively affects rapport with patients; and potentially makes them lose trust in us, Creates cancellations and no-shows in our schedule, Is devastating to patient retention and Turns our…
When a long-term, productive staff member leaves your practice (whatever the reason), what do you actually lose? Beyond their ongoing (and potential future) contributions to your practice, you’ve also lost: Years of experiential track and time spent working together with the rest of the team (i.e. everything they knew how to do, the lines they had to your patients, and…
(Note: we have much more extensive training for team members involved in case presentations and financial arrangements on our online training platform, DDS Success. I highly suggest signing up now at www.ddssuccess.com and training your whole team on many of the MGE systems from the comfort of your own office! ) How you handle a couple of simple points when…
A Step-by-Step Guide to Dropping HMO & PPO Plans Successfully Are you tired of writing off 20, 30 or 50% (or more in some cases) of your fees due to PPO or HMO participation? Have you ever wondered if there was a “way-out?” Or maybe you’ve thrown up your hands and decided that this is just the way “things are,”…
In this week’s post, I wanted to touch on a question I get a lot: “How do I know if my overhead is too high?” It’s an important question. Overhead has everything to do with your office’s financial health and profitability. In order to answer this intelligently, let’s first take a look at what we’d consider to be “Overhead”: Overhead…
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