Blog

Why Due Diligence Is So Important When Purchasing or Investing in a Dental Practice
How much time do you spend evaluating a car before making a purchase? What about a house? Whenever there is a large investment involved, it only makes sense to take your time and perform thorough due diligence. Acquiring or investing in a dental practice is no...

The Basics of Automated Dental Insurance Verification
One of the most time-consuming parts of running a dental practice is not just dealing with patients and providing care, but dealing with insurance companies. The dental billing process can be extremely confusing, and that fact is not helped by insurance codes...

How to Prepare Your Dental Practice for Private Equity
Many dental practices are growing more interested in the possibility of private equity. This isn’t surprising because many firms have been making large investments into healthcare and dental practices. If you are interested in potentially working with a private equity...

The Importance of Offering Patients Multiple Payment Options
Today’s customers across every industry are used to having a variety of choices for everything, from pattern and size to payment method. While some of that need for options does not impact the dental industry, there remains high demand for accepting multiple payment...

What Features Help Lower Your Merchant Services Spending?
As a dental practice, you spend a lot of money every year on credit card processing fees. While these fees are a part of doing business and accepting as many payment methods as possible to increase convenience, they can often be lowered to increase your profit and...

How to Afford the Upgrades You’d Like to Make to Your Dental Practice
Every dental practice wants to offer the highest standard of care to their patients, but sometimes it can be very expensive to invest in new equipment, new technology, and the supplies needed to perform new procedures. There are a variety of ways that practices just...

Is Financing Right for Your Dental Practice?
A growing number of dental practices are offering patient financing options to allow everyone access to the dental care that they need, even if they cannot afford to pay in full at the time of service. However, there are considerations that need to be made before you...

How to Audit Your Merchant Statement to See If You’re Overspending
Many dentists and business owners assume that they know how much they are spending on their credit card processing fees. Merchant statements can be confusing, and even if you understand what they say, it can be overwhelming to know whether are not you are getting a...

What to Know Before Considering a Private Equity Offer
Over the past two years, private equity activity in the healthcare sector has increased substantially, and many dental groups are interested in exploring the benefits of participating. While there can be major benefits of accepting a private equity offer, it’s...

Understanding Active Duty Dental Program Renewal Contract Requirements
If your dental practice participates in the Active Duty Dental Program (ADDP), it’s important to understand the contract renewal changes that just took effect. This dental program offered through United Concordia Insurance Company is designed to make sure that active...
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