Unfortunately, it seems to be a common theme in the dental industry that it’s becoming harder and harder to grow your income the traditional way. Reimbursements seem to be trending down while competition is increasing. What can you do to offset these macro trends? Here are two ideas that should help you find savings and generate the income you desire:
1. Review your workflows
Probably the single best thing you can do is “go digital.” This has been a hot topic for years and most offices have transitioned to some type of paperless practice. However, many times offices say they are paperless, but are still doing things like paying for patient forms and then scanning them in, or are submitting paper-based claims, or are sending out paper patient statements. In each of these instances, using a digital process whenever possible should result in significant operational savings over time. Now is a great time to review these workflows and start savings immediately.
2. Consider Alternative Partner Solutions to incorporate into your digital workflow
It may seem like it’s easiest to just use your Practice Management Provider for all of your operational eServices. However, this perceived convenience almost always comes at a significant cost to the provider and the business. The WDA offers numerous eService solutions all at a discounted rate for members. If you’re looking for help, we’re happy to provide ideas or recommend alternative solutions.
