Q2 2022 | Dental Economic Update Video

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In this video, Trent Watrous, Partner with Aprio’s Dental Practice Services, sits down with Caroline Galbraith, Director of Aprio Wealth Management and Simeon Wallis, Aprio’s Chief Investment Officer to go over the current market and what business owners like you can be to maximize your business opportunities. Please schedule a consultation with one of our…

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Efficient Payment Processes: An Unexpected Game Changer for Dentistry

Woman on an iPad

At a glance Embrace tech-forward payments: Many dentists have been slow to adopt updated payments technology in their practices while the rest of the healthcare industry speeds ahead. Impact on your practice: By offering more payment efficiency through the tools and technology patients are already accustomed to using elsewhere, you can provide them with a…

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5 Critical Tasks Dentists Often Forget  

At a glance Don’t miss the details: Many dentists don’t know they need to prioritize certain business-specific tasks because they are so focused on providing patient care. Impact on your practice: If you overlook key items like sales tax compliance, payroll taxes or updating your employee handbook, you could subject your business to unnecessary risks.…

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Before Buying a Dental Practice, Take These 3 Steps

At a glance The main takeaway: Before buying a practice, dentists must know what type of buyer they are and the practice features they want to prioritize. They also must have their personal finances in order. Impact on your professional and personal goals: By laying the right foundation and developing a big-picture strategy ahead of…

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Dentists: Is Your Practice’s Overhead Too High?

At a glance: The Main Takeaway: Many general dental practices operate with excessive overhead eating into profits due to surplus operating costs and inefficient business practices. How Does Your Practice Measure Up: Recommended overhead for general dentistry is around 60% of revenue, but most practices today run around 75% – that’s a 15% loss in potential profits.…

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Dentists: Are You Considering Your Patient’s Risk Tolerance?

At a glance: The main takeaway: Dentists may be the experts on dental health care, but your patients are the experts on what they can tolerate – it’s time to factor patient risk tolerance into patient care. Impact on your practice: Consulting patients on treatment plans instead of dictating can help achieve better patient outcomes, improve patient…

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Embrace Technology to Combat the Labor Shortage in Your Dental Practice

At a glance The main takeaway: The dental industry continues to face labor pressure and increase patient demand, but by embracing modern technology and investing in your employees, you can ease the burden on your team and practice. Streamline operations: The key is to identify technology that will alleviate labor pressure and improve current workflows. Get advice…

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5 Tips to Increase Case Acceptance in Your Dental Practice

At a glance The main takeaway: The key to growing your dental practice is with case acceptance and in order to do that you need to communicate with your patients. Change-up your approach: Conversations about treatment plans with patients don’t have to be awkward if you take the time to develop effective and actionable communications. Get advice…

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Does your Dental Practice Qualify for the R&D Tax Credit?

At a glance: The main takeaway: The R&D Tax Credit provides a lucrative benefit to any company that’s developing or improving products, processes, and techniques – even dental practices may qualify. How dental differs: Dental practices that develop new techniques, improve procedural processes, implement new technologies, or conduct innovative research are likely to qualify. Next steps: Read more…

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