Dental Practice Management for Dental Practices
Dental practice management is the administration and operation of a dental practice, including planning, organization, and supervision. Basically of all aspects required to manage a dental practice. You probably have heard of AADOM before. It stands for the American Association of Dental Office Management. In fact there’s quite a lot that falls under this practice management: staffing, finances, technology, systems & processes, marketing, patient relations, and of course, compliance & regulations.
Can dentists ouTsource practice management?
Short answer is yes, you can… However, in today’s world of dentistry and running a successful dental practice, ownership requires much more than just providing high-level dental care. Like any business, there are numerous logistical operations involved in keeping a business afloat and sailing in the right direction. Practice Management is all about finding ways to increase efficiency without making compromises. NEXT LEVEL CONSULTANTS helps dentists manage their business giving them oversight, support, and empowerment.
Dentists that own aren’t just responsible for the care of people’s teeth and gums—they also are responsible for running and operating a lucrative business. Many times dentists do hire an office manager to help run the operations so they can focus on dentistry. This can be a slippery slope because office managers are the owners of the business and ultimately do not treat it like their own business. If you are serious about your practice as a dentist owner, you should be more vested in practice management strategies and operations. We hear all the time of money embezzlement, sky rocketing wages, and challenges finding the right people to join your team.
How Can DENTAL PRACTICE MANAGEMENT Improve My Practice?
There are numerous ways to improve a dental practice, working with a dental consultant at NEXT LEVEL CONSULTANTS can help you organize these things, but let us break down the complexity of managing a dental practice by defining these critical key points to success:
Set Clear Goals and Have a Plan
Setting clear goals for your practice ensures that you’re always moving in the right direction. These goals need to be specific and measurable; for example, don’t just plan to “increase patient satisfaction” but instead, aim to achieve a tangible number of positive reviews.
Streamline Operations and Increase Efficiency
Do what you can to automate and streamline things. Incorporating technology may be the best way of doing. Incorporate things like digital X-rays, electronic record-keeping, and online paperwork forms can all be easily implemented, and they also make things easier for your patients.
Master A Dental Practice Management Platform
A practice management software platform can help you automate patient text messaging and voicemails now. Contactless payment collection and online scheduling are very popular with younger generations. It’s all about convenience. One thing to note is – as convenient as these softwares are making practice management, they users or team members must be using these tools properly to get the most value and results. Review this article where we discuss working with these tools in your practice.
Analytics and Feedback
Determine what’s working and what’s not working! In order to achieve goals and make plans practices need to understand where they’re at taking snapshots in time. This means pulling reports and reviewing performance regularly. You can begin to slowly make necessary changes for the better by focusing on those aspects that are underperforming.
Invest in Marketing
A successful dental practice should aim to add at least 25 or so new patients each month in addition to retaining existing ones. Without a solid marketing strategy, your practice might struggle to keep your chairs filled. Know your target audience and establish the means for reaching them; social media is a powerful tool here, as well as a live site that receives constant updates.
What you can do – next steps
In short, in today’s modern world, running a successful dental practice takes more than just providing top-notch dental care. Today’s demands also requires effective business management. By knowing what’s required, and expected, and by paying close attention to the the details within your practice, you will find success!
NEXT LEVEL CONSULTANTS has helped numerous dental practices strive for better results, realizing and achieving their goals. If you would like to discuss these topics discussed in this blog article – get in touch! Do not hesitate to start making improvements within your dental practice.