Blogs

Whether you’re preparing to open or invest in a dental office — or have operated one for years — if you haven’t thought much about your dental office handbook, you should. It’s a living document designed to clearly communicate your business’s core values, expectations, mission statement, and policies to your employees. Employee handbooks provide a wealth…

Attracting and hiring the best-qualified team for your dental practice might feel like an overwhelming task. And over 80% of dentists said they have struggled to find enough qualified people to staff their offices since 2020. In fact, a 2021 poll from the ADA Health Policy Institute found that: And the numbers haven’t changed all that much in…

When you’re modifying a building to make it fit for purpose, the construction process can get pretty daunting and stressful, especially if you’re not experienced in design or construction. And understanding all the construction costs becomes overwhelming quickly. If the project doesn’t go as planned or falls behind schedule, you lose time, money, and probably…

Now that we’re a month into the new year, it’s time to look at some of the goals you’ve set for 2023. While January always represents a new beginning, you can review and refresh goals any time. Goals don’t need to be lofty or expensive to achieve, either. Perhaps some of your goals focus around…

The dental sector remained one of the healthcare industry’s fastest-growing segments in 2022 and the American Dental Association predicts that trend will continue this year. While dental practice ownership has declined from nearly 85% in 2005 to 73% in 2021, groups and dental support organizations are growing. The dental workforce demographics are changing, too. Older…

As 2023 begins, the dental industry faces some interesting challenges and trends. While people are visiting their dentists for preventive care, those visits haven’t returned to pre-2020 levels. Inflation is also affecting dental cost trends, with labor and supply expenses increasing. But dental practice consolidations remain strong, yielding more leverage for negotiating higher reimbursement rates.…

The average dental patient pays between $300 and $500 annually, if all they need is a checkup and cleaning. But other dental procedures, like deep cleanings, cavity fillings, root canals, crowns, and dental implants cost much more. For example, a root canal and crown can cost $1,500 and up. Dentures typically start at $2,500 per…

Dentistry has come a long way from its humble beginnings over 13,000 years ago. Imagine your dentist using stone tools to repair your front teeth, filling the cavities with bitumen — a tar-like substance with antiseptic properties but still a far cry from the dental fillings used today. In a market valued at over $5 million,…

The current annual inflation rate from August 2021 to August 2022 was 8.3% — a slight improvement over the previous 8.5% rate. And unlike other economic influences, inflation acts like a “tax” on consumers and businesses. What’s the connection to the dental industry? Customers find their dollars don’t stretch as far, and they may need to adjust…

It’s all too easy for entrepreneurs to look at the headlines warning about the economy and predicting financial doom and gloom. But forewarned is forearmed — and preparing for a potential recession makes good business sense, regardless of your industry. Is it possible for dental practices to not just survive but thrive in turbulent economic times?…