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...
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...
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...
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...
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...
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...
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...
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...
Inventory and equipment management are two of the most important tasks that dental practices must do to ensure that a high standard of care is offered and that profit margins allow the practice to grow. Inefficient inventory and equipment management can lead to...
Equipment management is critical to the success of all dental practices, as efficient management saves you money and time. The right equipment management solution will help track every piece of equipment that you own throughout its lifecycle, including the maintenance...
