Dentists: Do You Project Practice Revenue for 2011 to Be More Than 2010? (survey)

take the TWD dental survey on the cost of veneersDentists: please participate in our survey on dental practice revenue for 2011.

As part of The Wealthy Dentist dialogue on dental practice management and marketing, we offer weekly surveys and invite your participation.

In order to understand different perspectives on the dental industry, we have developed surveys to canvas a diverse group of dental practices on their view of the dental industry, what constitutes current good practice in dental marketing and quality care.

The information collected will be used to prepare articles for The Wealthy Dentist readership.

The survey should take no more than 90 seconds to complete -

If you’d like to be notified about future dental surveys, please sign up for our weekly newsletter in the right sidebar.

Dental Practice Management & Employee Theft (Video)

Dental employee theftEmbezzlement and employee theft are major problems for dentists and dental practices. In this survey, 59% of dentists said they had discovered evidence of embezzlement.

But that doesn't mean no one has stolen from the remaining 41%… it just means they haven't been able to prove an embezzlement took place.

Sadly, dentists are often embezzled. "My office manager (of course) was setting aside dental insurance checks, then picking out cash that matched the amount of the checks," said an orthodontist. "The checks were never deposited into the patients' accounts, so the bank deposit balanced. She did this for almost 10 years, for a total of at least $700,000. Her litigation is currently pending. The insurance accounts past due eventually became overwhelming and she was finally caught."

"A dental assistant who worked for another doctor who shared space with me was stealing my materials and making teeth bleaching trays out of her home after hours (and charging for tooth whitening!)" said another dentist.

Read more about this dental management issue: Dentists – Has Your Dental Practice Been Embezzled?

Dentist Decision-Making: Dental Equipment

Dentist equipmentDentists rely heavily on the advice of colleagues in making dental equipment purchases, found a survey of UK dentists.

Two out of three dentist respondents said that peer recommendation was a major factor in making purchasing decisions.

Here are some other interesting facts the dentist survey found:

Read more about dental management decisionmaking: Dentists go for new tech based on colleague recommendation

Dentists Want To Be in Charge (VIDEO)

Dentists prefer boss to associateDentists prefer being in charge to working for somebody else, according to this poll. Fully 76% of dentists said they would rather be their own boss than work for someone else.

Specialists were unanimous: being your own boss is better. Not a single dental specialist responding to this survey said they would prefer to be an associate.

Read more: Dentists Prefer Being the Boss

Most Dentists Report Being Embezzled (VIDEO)

The average dentist reports that his or her dental practice has been embezzled.

In a survey conducted by TheWealthyDentist.com, 59% of dentists reported that they had discovered evidence of theft. The remaining 41% have never been able to prove an embezzlement took place.

Read more: Employee Theft a Real Problem for Dental Practices

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