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Jan 27, 2024 | 
dentaleconomics.com | Martin Mendelson |Roger P. Levin |Jeffrey C. Hoos |Todd Davis
Dentistry is a challenging profession. It’s taxing on the body and mind, and your mind is in the driver’s seat more than you can ever imagine. Dualism, the idea that the mind and body exist as separate entities, is a fallacy.
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Jan 26, 2024 | 
dentaleconomics.com | Pamela Maragliano-Muniz |Roger P. Levin |Jeffrey C. Hoos |Todd Davis
MoneyDE's Business Lab: Medical billing: The key to expanding your dental patient baseHow do dentists start getting paid as a medical specialty? Here's why Kandra Sellers highly recommends medical billing. It’s a new year filled with new opportunities, and I started 2024 by talking with Kandra Sellers of tipsmedicalbilling. She has so much good information to share with dentists who are struggling against lower and lower reimbursements from dental benefit plans.
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Jan 25, 2024 | 
dentaleconomics.com | Roger P. Levin |Jeffrey C. Hoos |Pamela Maragliano-Muniz |Todd Davis
The dental staffing crisis is real and is not going away anytime soon. This is not intended as a statement of gloom and doom, but one based on research and analysis. Partially due to this shortage of labor, overhead costs in dental practices have risen about 10% since the beginning of the pandemic. This labor shortage will continue to drive these costs even higher.
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Jan 24, 2024 | 
dentaleconomics.com | Jeffrey C. Hoos |Pamela Maragliano-Muniz |Todd Davis |Lynne Leggett
We all have so much knowledge, and we want to tell our patients what we know. We have invested so much money in technology, which we have been told we need to sell to our patients: digital x-rays, digital images, and digital cosmetic makeovers. But I have found that the technology we have should only be used to inform the patient of the information that we have already gathered. Are you telling, selling, or informing? Let me explain with a story.
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Jan 24, 2024 | 
dentaleconomics.com | Pamela Maragliano-Muniz |David Rice |Jeffrey C. Hoos |Todd Davis
Winter blues? Well, as dentists we all know it doesn't have to be a special season for us to get depressed. This episode is a shoutout to this time of year where we all feel off, the days are short, the darkness seemingly stays around forever, and we do some crazy things to try to make us feel better. The coping strategies we employ—sex, drugs, alcohol, and junk food—are all only temporary fixes and can carry adverse effects.
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Dec 19, 2023 | 
dentaleconomics.com | Jeffrey C. Hoos |Chip Fichtner |Roger P. Levin
It's cold and snowy in some parts of the country, and on days the weather is so bad, you just know your schedule will be wiped out. Should you even try to get to your office? When you have days like this, turn them into something productive, or maybe just spend time with your spouse and kids. When I have down time with nothing to do, I think back over my 44 years of private practice. What often comes to mind are some of the worst things.
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Dec 19, 2023 | 
dentaleconomics.com | Chip Fichtner |Jeffrey C. Hoos |Roger P. Levin
Large Practice Sales (LPS) has completed invisible dental service organization (IDSO) partnerships for clients with close to 40 different IDSOs in 30 states during the last two years. IDSOs become a doctor’s silent partner by purchasing 51% to 90% of the practice for cash at today’s low tax rates. Doctors continue to lead their practice with their brand, team, strategy, and full autonomy for years or decades.
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Dec 19, 2023 | 
dentaleconomics.com | Joshua Austin |Chip Fichtner |Jeffrey C. Hoos |Roger P. Levin
I have been on the electric car bandwagon for over four years now. I don’t think I’ll ever go back. Being able to “refuel” my vehicle overnight in my garage while I sleep is awesome! Never having to go to the gas station is awesome!Electric cars haven’t always been so awesome, though. Early versions had limited mileage range, causing logistical concerns. No one wants to get stuck charging in the middle of the day while just out running errands!3D printing has had a similar course in dentistry.
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Dec 5, 2023 | 
dentaleconomics.com | Lou Shuman |Roger P. Levin |Jeffrey C. Hoos |Pamela Maragliano-Muniz
The Federal Trade Commission (FTC) has voted to formally ban most noncompete agreements in all industries.
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Nov 30, 2023 | 
dentaleconomics.com | Jeffrey C. Hoos |Lou Shuman |Roger P. Levin |Pamela Maragliano-Muniz
This really is quite a riddle when you first read it. Let’s figure it out together, and it will make perfect sense. Many times, I have tried to do something by myself only to realize that if I had someone’s help, it would be much easier. Having people who mesh and want to work together always makes the work easier. In previous articles, I have spoken about building the right team. There’s so much to that, but there is one small aspect that we can really unwind. It’s simple math.
