TheWealthyDentist.com™ Newsletter Archive
News From The Wealthy Dentist #78: January 2, 2008
Editorial: Jim Du Molin
Did You Know Thanksgiving Honors the Death of Socialism?
The
story of Thanksgiving may not be quite what's on your mind for the new year, but
there are some lessons here that that can help you and your team run a better
dental practice. The Pilgrims went hungry for a number of years. The governor of
Plymouth blamed the laziness and corruption of the colonists. But when he
replaced the
socialist setup with a free market one, the once-starving colony
started producing more food than it needed.
Click to learn more...
The Cranky Collector: Chargebacks? I Dare You to Try
Don't Let Greedy Patients Walk Away with Your Dental Practice's Money
Chargebacks are the darling of patients who don't want to pay for
treatment. They can throw a wrench
into closed Accounts Receivable. If you choose not to fight them, watch out!
Corporations such as Google now have
entire departments dedicated to fighting chargebacks.
I'll tell you the basic steps to winning chargebacks.
Click to continue...
Survey Results: Wrongful Discharge
One in Four Dentists Suffers from Ex-Employee Headaches
In this survey, we asked dentists if they have had "wrongful discharge"
headaches from past employees. The majority (72%) have not had such trouble.
However, 9% of dentists report being sued for wrongful discharge, and another
19% say they've been accused of it or threatened with legal action.
Click to continue...
American Dental Partners Lawsuit
Dentists Skip $130 Million Payout in Favor of Practice Ownership
A court recently awarded a group of Minnesota dentists a $130 million judgment against dental management group American Dental Partners. Rather than face years of costly appeals, both sides have reached an agreement whereby the dentists will be awarded ownership of 25 dental clinics, a deal valued at $115 million. Upon word of the deal, ADP's stock jumped dramatically. Click to continue...
Also in the News...
- Brace Yourself for Dental Care Bidding Wars
- Missouri Dental Employee Accused of Embezzling Over $25,000
- Schoolgirl Pleads for More NHS Dentists
- Avoid the Dentist? Then Heart Disease Might Visit You
- Oral Exams: Are You Performing a Complete Exam?
- Out-Of-Control Car Slams into Pennsylvania Dentist's Office
Previous Surveys...
- Dentists Hoping For President Romney to Seize Control
- Most Dentists Are Not Planning a Traditional Retirement
- Dental Marketing: Dentists Share Their Most Effective Strategies
- More New Patients! Dentists Make New Year's Resolutions
- Some Dentists Feel Dental Boards Are Too Restrictive
- Invisalign: 3 Out of 4 Dentists Go With the Money!
Previous Editorial Highlights...
- Dental Marketing Meets the Holiday Season
- Confrontation Is Not the Way to Deal with a Thieving Employee
- Bond Your Employees and Save Your Practice Money
- How to Avoid Embezzlement and Keep Your Dental Practice Afloat
- Ten More Signs You're Being Ripped Off by a Team Member!
What's on My Bookshelf This Week
Nonstop Networking by Andrea Nierenberg
This is
one of the best networking books I've ever read; it's full of
practical, hands-on ideas about building your web of contacts. If
you're a Dental Professional, there's perhaps no better marketing strategy than
networking. As the author points out, networking is much more than going
to a few mixers at the chamber of commerce.
Want to read the book?
