Here you will find a range of business related articles covering topics like HR challenges through to the importance of having your practice valued regularly.
Hyper-personalisation is more than just a buzzword; it's about creating an incredible, tailor-made dental experience for each patient. It’s something people are becoming more accustomed to and is the way to stand out in a crowded market.
What exactly is hyper-personalisation?
Think of hyper-personalisation like a custom-tailored suit. When you buy a suit off the rack, it might fit okay, but it’s not made just for you. A tailor-made suit, on the other hand, is crafted to fit your exact measurements, preferences, and style. Hyper-personalisation in dentistry is similar. It’s about crafting each patient’s experience to fit them perfectly, considering their unique needs, preferences, and circumstances; from dental marketing through to the in-practice and post-care services you offer.
If you are a dentist who owns a dental practice, you understand the challenges of providing quality dental care while ensuring your practice makes a healthy profit. One effective strategy to achieve both objectives is by encouraging your patients to join a monthly payment dental plan. In our latest blog, we explore the key factors contributing to the successful implementation of dental plans in a practice and shed light on their advantages to dentists, practice teams and patients.
Financial stability
One of the primary advantages of a dental plan is the financial stability it offers your practice. Having a dental plan at your practice can allow you to generate recurring income, enabling you to better manage cash flow, plan for the future, and invest in equipment, technology, and staff training. By securing a consistent income, you can focus more on delivering exceptional dental care and expanding your practice’s services.
Patient retention and loyalty
A dental plan helps foster patient loyalty and strengthens the bond between your practice and your patients. By offering an affordable and convenient payment option, you create a sense of value and commitment that encourages patients to stay with your practice for the long term. Dental plan patients are more likely to maintain regular check-ups, follow treatment plans, and refer their friends and family to your practice, thus boosting your patient base and reputation.
Without transparency from insurers, you may miss out on opportunities to secure the best deal. At All Med Pro, we believe in providing diligent and transparent advice to help you make informed decisions. However, we acknowledge that not all insurers prioritise transparency. To help you avoid getting caught out, we have put together a guide that outlines the importance of transparency in insurance pricing and offers tips on how to evaluate an insurer’s transparency practices.
CSR is important to your business because:
Now we are going to look at practical ways to embed CSR, how to ensure its continued focus and also how to use it to increase the profile of the practice.
PART 1: What is it and why is it important?
You would be forgiven for thinking that Corporate Social Responsibility (CSR) is the exclusive responsibility of big corporate entities, after all it isn’t the simplest of labels for a concept. The term itself has been around since 1953, but the idea of responsible businesses existed long before then. In the current climate it can make the difference between a practice that is good and one that is great. In this brief article Mark explains to us:
So, what exactly is Corporate Social Responsibility?
Following months of remote work, the future for many organisations looks hybrid: a mix of office and home-based working. Recent research by Microsoft, spanning 30,000 employees around the world, found that 70% of workers want flexible working options to continue and 66% of decision-makers are considering redesigning physical spaces to better accommodate hybrid work. [1]
Despite the benefits of this flexible model of working, free movement between home and office and lax security in home offices can pose significant information security risks.
A survey commissioned by Shred-it shows that although nearly nine in 10 (88 per cent) home workers said they deal with confidential papers, as many as one in four (24 per cent) revealed they do not always follow their workplace policy on destroying confidential information when working from home. [2]
Having worked with over 200 dental practices has enabled me to understand the common habits of the best performing dentists and also common mistakes that hinder efficient growth. This isn’t to say every practice is the same, but despite these differences, there is a common thread throughout.
In this article I am going to look at 11 common factors that hinder growth, all of which I have seen in more than 90% of practices I have worked with. In an uncertain economic climate, getting these aspects of your dental practice right is more critical than ever, and for each point there are some takeaways to help set you on the right track.
For more information view the full article here
68% of dental professionals surveyed felt that their stress and anxiety levels had increased since the pandemic.(1)
Running a new or existing business is always exciting, especially when it’s something you feel passionate about like dentistry.
However, there is a lot to consider including:
And the list goes on. This doesn’t take into consideration challenges around future proofing, the economy, regulations, compliance and you and your teams mental health.
For more information view the full article here
Henry Schein UK Holdings Limited t/a Henry Schein Dental is a limited company registered in England and Wales under registration number 11584480 and VAT registration number 573778979. Its registered office is Medcare House, Centurion Close, Gillingham Business Park, Gillingham, Kent, ME8 0SB.
