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How to Run a Successful Dental Practice

November 22, 2024
Written by: Jordon Comstock

Running a successful dental practice means more than just providing excellent patient care – it requires hard work and dedication to ensure your business is profitable. Here are some tips to help learn how to run a successful dental practice:

1. Invest in Quality Equipment: Investing in the right equipment can make all the difference in how efficiently your practice runs, how effectively you treat patients, and how successful your business is overall. Investing in quality dental equipment can help you to provide the best care possible for your patients while also being cost-effective in the long run. I absolutely love the cad-cam systems like 3shape, Sirona, and some of the intra-oral scanners, this allows you do use technology to perform better dentistry and reduce the mistakes caused by human error.

2. Develop a Quality Team: You need good people to learn how to run a successful dental office. The success of your practice depends on how well your team works together. It’s important to hire the right people who have the experience and knowledge to help you run an effective practice. Make sure you provide your team with quality training, so they are familiar with how to operate the equipment and how to interact with patients. Read the book “Traction” by Gino Wickman, this book teaches you how to install a company vision and core values so that you can attract the right type of employee that loves coming to your office and helping patients all day! Culture easts strategy for breakfast so make sure you lay the right foundation. For Example at BoomCloud, our vision is to help practices create recurring revenue and help over one million patients get access to quality dental care. We also have four core values that we use to hire/fire/promote people, here are the values:

  1. Creative psycho: We expect out team to find creative solutions to our company’s and our customer’s problems and to be outrageous with creativity!
  2. Performance maniac: Do whatever it takes to hit our gorals and KPIs
  3. Team Rockstar: No one individual is bigger than the team and company, we find team players to join the sport of growing a business.
  4. Ownership junky: Own every problem, if you own it you can fix it or improve it and you won’t blame or find excuses.

3. Focus on Patient Care: Your reputation as a successful dental practice depends on how well you take care of your patients. Make sure you always take the time to listen to their concerns and provide quality dental care. You should also strive to create a welcoming environment, so that patients feel comfortable coming back for future visits. People do business with people they know like and trust, so make sure to treat every patient like your friend. I recommend reading the book titled “How to Win Friends and Influence People” by Dale Carnegie. This book will teach how to how create relationships with people that last, how to become better at conversation and how to speak in public.

Talk to people and get to know them. If you genuine care about others, they will feel it too. Smile often because it makes the other person feel good as well as yourself! Also, remember that everyone loves hearing their name– make sure to use it frequently during conversation. And finally, be a great listener! Let the other person talk about themselves; this is usually something most enjoy doing anyway.

4. Market Your Practice: Tou need marketing and advertising to learn how to run a successful dental practice. Promote your practice through traditional marketing tactics such as advertising in local publications, sponsoring community events and creating an online presence. You should also use social media to share positive reviews from patients and helpful dental health tips.

Joining your local chamber of commerce is one of the superior dental marketing ideas to enlarge your practice. By joining a Chamber, you increase your visibility among other businesses and potential customers in the area. Also, participating in events that the Chamber plans is an excellent opportunity to display what services your dental business offers and connect with new prospective clients.

If you’re looking for another great networking opportunity, check out BNI (Business Network International). It’s an effective platform to present your dental practice, get a pulse on the local business environment, identify potential customers and build relationships with other businesses in the area. Plus, BNI meetings are usually structured and conducted professionally, so you can really make an impression with your presentation and walk away with valuable referrals.

If you market your dental membership plan specifically to businesses (B2B), you can cultivate relationships with local business owners and offer them reduced rates or benefits. Doing this might persuade these small businesses to sign up for your reasonably priced dental membership option.

Not only does B2B marketing provide repeated, reliable customers, but it also gives

you a favorable reputation in the corporate world which will help bring in new undecided customers.

5.Create A Dental Membership Program: A dental membership program is a great way to make your practice stand out from competitors and increase patient loyalty. It encourages people to sign up for a recurring plan, which adds stability to your revenue stream. You can offer discounts on services and products such as teeth whitening or braces if the customer signs up for a membership plan. You could also consider offering a special incentive for signing up, such as a free dental exam or toothbrush. This will make your practice more attractive to patients and increase the chances of them returning for future visits. Download the book titled “The Million Dollar Membership Plan“.

You should also consider how you can use technology to simplify the payment process for customers. For instance, you could use BoomCloud to set up automatic payments for customers. This way, they don’t have to worry about forgetting to make their payments on time, and you can focus more of your energy on providing quality dental care services.

6. Stay Up-to-Date: The world of dentistry is constantly evolving, and it’s important for successful practices to stay on top of the latest trends and technologies in order to provide the best care possible. Make sure you attend dental conferences, read industry publications and take continuing education courses to stay up-to-date on the latest information.

7.Drop PPO contracts & go Out of Network: The most successful dental practices have dropped PPO contracts and gone out of network. Being out of network gives you more freedom to decide how much to charge for services, instead of being tied down by the reimbursement rate set by PPOs. This gives you more control over how you run your practice, allowing you to offer better patient care while also increasing your bottom line. Download the book titled “Fire the PPOs

8. Be a Leader: Improving your leadership skill set will help you learn how to run a successful dental practice. Being a successful leader in the dental industry is important for boosting patient engagement and overall practice performance. Take opportunities to become more involved in your local community, such as joining a professional organization or participating in events like charity walks. This helps to show your potential customers that you are passionate and involved in the local community, which can go a long way in establishing trust. You should also consider how you can use technology to make your practice more efficient and how you can provide better patient care.

Additionally, staying active on social media platforms such as Facebook, Twitter and Instagram helps to showcase your practice and how it’s different from the competition. By following how-to-win-friends-and-influence-people principles, you can increase your online presence and build a personal connection with potential customers.

By following these tips, you can create a successful dental practice that offers excellent patient care while also boosting its

Download Our Free Bookswww.boomcloudapps.com

By following these tips, you can ensure that you can learn how to run a successful dental office. With hard work, dedication and quality patient care, your dental practice can become a success!

  • Download our Fire the PPOs ebook now to learn how you can make your dental practice successful!
  • Download our Million Dollar Membership Plan ebook
  • Download our Attract New Dental Patients ebook

Conclusion:

I hope this article has brought value to you and that you can continue using BoomCloud to learn how to run a successful dental practice. By following how-to-win-friends-and-influence-people principles and utilizing the latest technology, you can create a successful dental practice that offers excellent patient care while also boosting its bottom line. Make sure to stay up to date on industry trends, drop PPO contracts and go out of network, become active in your local community, and use social media to increase your online presence. With these tips, you can make sure your practice is successful! Schedule a demo and learn how BoomCloud can help you grow a dental membership plan and a successful office

Download "The Million Dollar Membership Plan" E-book!

Learn tactics and strategies from practices that have built a million dollars in recurring revenue from their membership subscriptions alone! Creating a patient membership plan is the smartest strategy to implment in your practice. You will increase patient satisfaction & loyalty, Increase predictable recurring revenue & improve your case acceptence by 3X with members. Download the book Now!

What is BoomCloud™?

BoomCloud is a software platform that allows you to create, manage & grow your own membership program. Build unlimited plans, track recurring revenue, active members metrics. Integrate your online membership enrollment with your website & start growing recurring revenue. Schedule a demo!

Fire The PPOs With These Proven Strategies!

Discover how to break free from the grip of PPOs and transform your practice into a thriving, profitable business. Imagine better cash flow, higher profits, and stronger patient relationships. It’s not a dream – it’s a reality waiting for you.

Say goodbye to PPOs and hello to a thriving, independent dental practice. Don’t miss out – your journey to financial freedom starts here!

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Jordon Comstock

Author Bio

Jordon Comstock is the Founder & CEO of BoomCloud™, a software that allows practice, clinic & spa owners to build, manage and scale a membership program. This helps practice & clinic owners to create recurring revenue & improve loyalty via membership programs. Jordon is passionate about Music, Hawaii, Healthcare businesses like: dentistry, optometry, med spas and massage spas. Schedule a demo of BoomCloud™ and learn how membership programs can improve your business.

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