The Prosperident Pulse #126 January 2023 – Information you can use in your practice

I’m going to avoid the “New Year- New You” cliches so prevalent at this time of year. Whether the subject is a gym membership, a new wardrobe, a cruise, or something else, this approach provides a “hook” for advertisers to incite demand for elective items. You may even use this use this approach to help patients see the possibilities for smile enhancement.

However, I do want to bend your ear on a self-improvement project for a problem that causes bruxism for many practice owners.

Dentists become our clients for two reasons; either they suspect or have found embezzlement, or they want to proactively establish safeguards so that they don’t become future victims.

Regardless of whether they are being proactive or reactive, the “pain point” that unifies our clients is discomfort about overseeing their practice’s financial operations.

Clients point to two constraints; as full-time clinicians they have little time for the oversight function, and in their educational journey no one has taught them how to do it.

As a result, dentists either abdicate and cling to the hope that their staff chooses to be honest, or doggedly spend evenings and weekends trying to muddle through their finances.

It doesn’t have to be this way. If you are knowledgeable and properly set up, you can be an effective overseer in two hours or less per month, and we can help you get there.

If financial control is something you’d like to improve in 2023, I’d love to talk to you about how to make it happen.