21 November 2016

Dentistry From One to Five Offices: Part 1 – Why?




Part 1: Why would anyone want five dental practices?

November 2016 – Q & A with Pete Newcomb

Is dentistry an art, science or business? At DTSpade, we’d argue that it is all three.

But every Client decides how much time they can allocate to each. Do you invest in getting better at your craft? Do you invest in the newest equipment or staff training? Do you invest in improving operations, speeding collections or negotiating with insurance?

At best, a single physician can do one or two well. Larger practices can invest in talent to delegate, but that brings another set of challenges. Single physician practices that maintain high standards of customer care are not at any more of a disadvantage than multiple practice operations that sacrifice personal attention.

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25 August 2016

OPPORTUNITIES IN DENTISTRY – WHAT IS THE SINGLE BIGGEST OPPORTUNITY IN DENTISTRY TODAY?




The healthcare industry exhibits high profitability, and dentistry is no different as a whole. The dental industry has benefited from favorable demographic trends, technological advances and attention given to the importance in oral hygiene over the past five years.

But running a successful practice isn’t easy. It requires a lot of hard work, dedication by each member of your office staff, and maybe a few steps outside your comfort zone.

Nobody knows the dental industry like the professionals who move it forward every day. We’ve tapped into a pool of dental industry specialists with unique perspectives, to ask for their expert advice on four questions:

  1. What it the single biggest opportunity in dentistry today?
  2. For a Dentist with a typical practice, what is the one thing that they can do to make the practice more valuable?
  3. What separates the best operators from the average dental practice owners?
  4. What is the best advice you’ve ever given or been given?
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27 June 2016

OPPORTUNITIES IN DENTISTRY – What is the best advice you’ve ever given or been given?




If you own a dental practice, you’re both a leader and a decision-maker. You’re often sought after for your expert opinion. But when it comes to your business, who do you look to for the same?
If you’re like most dental professionals, offering advice comes more naturally than seeking it. But when it comes to your dental business, those who are truly open to guidance (and not just looking for validation), can develop better solutions to problems or find new opportunities to grow than they would have on their own. After all, those who achieve the most in the world didn’t do it on their own.

No matter how well you’re doing with your practice, there’s always something to be learned from those who have been where you are by offering a fresh point-of-view. We’ve tapped into a pool of dental industry specialists with unique perspectives, to ask for their expert advice on four questions:

  1. What it the single biggest opportunity in dentistry today?
  2. For a Dentist with a typical practice, what is the one thing that they can do to make the practice more valuable?
  3. What separates the best operators from the average dental practice owners?
  4. What is the best advice you’ve ever given or been given?
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7 April 2016

OPPORTUNITIES IN DENTISTRY-May 2016




What makes THAT dentist so special?

If you own a dental practice, you own a business. So it’s essential to be proactive in strategically planning for new levels of success.   It’s one thing to be a gifted dentist, but it’s another to be a savvy entrepreneur.

Introduction:
In our changing healthcare economy, there are several elements to a strong practice that separates those that are thriving, from those that are not. Dentistry is a blend of art, science and business. It takes a well-rounded person to be successful in all three at once. 

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14 March 2016

OPPORTUNITIES IN DENTISTRY-April 2016




Do you know what your dental practice is worth?

The dental market has seen a lot of positive changes this year and has been the catalyst for advancements in products, technologies and services.  It’s also had more dentists transitioning out of their practice at a younger age than ever before.

Introduction:
Whether dentists are trying to sell a practice due to retirement, or positioning themselves to become part of a larger dental group, they must use an objective view when identifying what makes their business attractive to buyers. The transition of their practice generates its own series of decisions and events, but if executed properly, dentists can sell their practices in a shorter amount of time. 

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