What if there was a way to utilize dental emergencies to help measure the effectiveness of the treatment planning process? Every day dental practices encounter patient emergencies. Dental practices can learn a lot about the effectiveness of their treatment planning process by doing a quick analysis of emergencies in patients that have been seen in the office within the last 12 months.

Experts estimate that more than 40% of practices are embezzled and we’ve seen losses stack up well into the 6 figures. It’s important to have systems in place to prevent embezzlement and alert you when it’s occurring in your practice. 

Change is constant, especially in growing organizations, so it’s important to acknowledge the challenges and clearly communicate the benefits of the change to all involved. In this week’s episode of The Strategic Thinker, Spark co-founder Heather Driscoll is sharing a process dental leaders can use to make change easier for dental teams. Watch now to learn how you can smoothly make changes in your organization.

For most growing dental practices, finding the most efficient staffing model feels like searching for a unicorn. Many owners want to “staff up” in advance of growth opportunities to ensure they have the human capital to grow and integrate new practices. But, what happens when you hire for growth and that growth doesn’t happen? While there is no perfect way to staff without the risk of overstaffing, there are ways to mitigate that risk and protect profitability should you run into any of these growth obstacles.

Acquiring a dental practice is an exciting growth opportunity, but there are 3 important areas to consider to be sure you’re making a smart business decision. In this week’s episode of The Strategic Thinker, Dr. John Meis is joined by finance expert Drew Schaefer to unpack the biggest missteps in dental acquisitions and what to look for when vetting potential purchases. Watch this episode before you move forward with an acquisition to make sure you’re not overlooking any of these common red flags.