On this episode of Beyond Bitewings, Robert and Ash discuss current trends in the dental industry. They discuss topics like knowing the benefits of really utilizing the technology you may already own in order to help customers during more convenient times, like after hours. They also talk about why they’re seeing a trend in more dentists shying away from wanting to own their own practice. Plus, they discuss some factors that they’ve seen their clients consider when trying to determine whether or not they should sell their current practice to a DSO. Additionally, they talk about the increase in corporate dentistry and the impact of student loan debt on ownership.
They talk about current issues that they’re seeing their current clients have to overcome, especially around hiring staff, and how you can find the right help for your office. They also discuss whether or not you should consider adding new services to your practice, like BOTOX injections and fillers.
They also discuss the question that seems to be on the mind of every dentist, should they drop insurance. Plus, what is the best way to accomplish this for your practice. Often practice owners are scared because they’re worried they’ll lose patients, but you may not be getting as many patients from it as you think.