TheWealthyDentist.com™ Newsletter Archive
News From The Wealthy Dentist #108: August 5, 2008
Survey: Dental Guarantees
Five Out of Six Dentists Don't Guarantee Their Work
In this survey, only 18% of dentists reported that they formally guarantee their
dental work. While many dentists follow an honor code of sorts, very few offer
official guarantees. "My malpractice insurance carrier doesn't want me to
guarantee anything verbally or in writing," said one dentist. "However,
if the
treatment hasn't held up due to something I could have done better, I
always redo it at no charge."
Click to continue...
Special Cosmetic Feature by Catherine Maley, MBA
Dental Practices Can Offer Cosmetic Services, Too!
By
thinking outside of the box, dentists can reach a valuable target demographic:
aesthetic patients looking for treatments such as Botox, Restylane, or cosmetic
facial lasers. I've got some easy marketing strategies that will help you reach
these patients, both initially and over the long haul.
Click to continue...
Author of
Your Aesthetic Practice, Catherine Maley studies the motivations of cosmetic
patients.
What Your Patients Are Reading
Dentists: Your Patients Might Be Lying to You!
A recent poll of 1,000 Americans found that over 40% of adults admit to lying to
their dentists, claiming that they always brush for the recommended time. In
addition, 25% said they lie about how frequently they floss. Patients also
frequently lie to receptionists about why they're cancelling their appointment.
Significantly, many patients do not tell their dentists about other serious
health problems.
Click to continue...
Politics and Practice Management
How the Next President Could Affect Your Dental Career
Will the results of this November's presidential election change your
retirement plans? Well, Hy Smith thinks they might. Managing partner of ADS Florida,
he helps dentists develop exit
strategies. "Post election, there is a distinct possibility that the capital gains rate
will increase, which could create a significant increase in the seller's tax
burden," said Smith. "That would be a reason to sell this year over next."
Click to continue...
What's on My Bookshelf
The Goal by Eliyahu Goldratt
A Process of Ongoing Improvement
Just being a "business novel" is enough to make this book unique. The story
centers on a businessman named Alex whose factory is failing and marriage is
suffering. Alex seeks out a management guru and learns that some of his business
principles aren't as solid as he had thought.
Want to get the book?
Also in the News...
- Two Dentists Accused of 'Professional Incompetence' in Fatal Root Canal
- Is a Third Set of Permanent Teeth the Future of Dentistry?
- More Dentists Feeling Economic Pain
- IRS to Dentist: This Is Not a Drill
- Green Dentistry Takes a Bite Out of Waste
- Ashley Tisdale and Jared Murillo Have a Date at the Dentist's
Previous Surveys...
- Dentists Torn over Offering Botox
- Over Half of Dentists Dropping Out of the Insurance Game
- Most Dentists Would Prefer To Be Their Own Boss
- Dentists Complain of Employees Who Steal Patients
- Dentists Love Cosmetic Dentistry Best of All
- Two Out of Three Dentists Would Recommend a Dental Career
Previous Editorial Highlights...
- US Dentists Unclear on Botox Regulations
- Recruiting RDHs with State Mailing List Proves Controversial
- Government Dental Plan Soliciting Bids from Offshore Labs
- To Avoid Logo Disasters, Professional Design Is a Must
- Contrary to US Law, Veterans May Be Getting Foreign Dental Work
- Dental Practice Facilities: Is Bigger Really Always Better?
