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News from The Wealthy Dentist: September 16, 2009
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The Dental Lease: Often Better than a Mortgage
This week I learned that 60% of dentists responding to my survey own their
dental practice facilities, and 40% lease. Frankly, I'm surprised more
dentists don't lease. I'm not personally a fan
of buying and owning your building because it's an added complication to
liquidation upon sale or transfer of your practice.
Click to
continue to article...
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Survey: Dentists and Commercial Real Estate
Three out of five dentists own their dental practice facilities, while the
remaining 40% rent. Fortunately, only 4% of dentists are worried about their
business mortgages. "Commercial real estate is going to be the next shoe to fall,"
declared a Florida dentist. "It may be possible to use this period to do some
renegotiating." Click to
continue to article...
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Dental Patient Awarded $15M for Malpractice
A 61-year-old woman has been awarded a whopping $15 million for her oral
surgeon's failure to diagnose her precancerous lesion. However, her own lawyer
acknowledges that $600,000 is the most she can actually hope to receive, as a
1996 Michigan law caps malpractice payouts at $416,000.
Click to
continue to article...
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Fix Your Teeth To Marry Dentist's Daughter
When the suitor with the terrible teeth asked for his daughter's hand in
marriage, the British dentist felt he had only one choice: He insisted his
future son-in-law get cosmetic dentistry to fix his teeth. I'm just left
wondering why she would consent to date someone like that... probably rebelling
against her father!
Click to
continue to article...
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Something Big Is Coming...
I'm probably not the only one who's noticed things have been tough out there
recently. But, you know, when the going gets a little rough, that's when my best
marketing and practice-building "Eureka!" moments happen. For me, those moments
started popping last September when I saw, like you probably did, this crisis
looming. Click
if you're intrigued...
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General Dentists Not Sure ADA Represents Them
We asked dentists if the ADA is dominated by specialists who are trying to promote their own agendas and not necessarily the welfare of the general dentist.
Nearly two-thirds of respondents said, "Yes! Specialists and their associations are using the ADA so they can make more money – at the expense of general dentists, of course."
Click to
watch the video...
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Video: TV Cosmetic Dentists Do Some Good
Are celebrity cosmetic dentists good for the profession? In this survey, two out of three dentists said
they are. Most feel that media exposure only makes the public more aware of what a cosmetic dentist can offer. The remaining 38% of dentists feel that these docs are pushing appearance over health.
Click to
watch the video...
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Also in the News...
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Previous Surveys...
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Previous Editorial Highlights...
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