Impact of the 2010 Economy on Dental Practices Advanced Practice Management Bill Rossi

Doctor, are you getting a raise this year? Understandably, your staff people want bigger pay checks every year. But if your expenses have been rising faster than your revenues, you are between a rock and a hard place.

Doctor, are you getting a raise this year?
Understandably, your staff people want bigger pay checks every year. But if your expenses have been rising faster than your revenues, you are between a rock and a hard place.

Advanced Practice Management
Your Practice and the 2011 Economy

More surveys: | Dental Office Overhead | Fees | Tech

Other Departments: | Dental News | Seminars | Articles |

Your Top Issues in descending order

IInsurance - PPOs - Third Party Write-Off Issues

Staff Compensation, Morale and Teamwork

Getting New Patients

The Economy

Production Growt and /Business

Overhead

Government Interference

Insurance Participation
Delta Premier (“Regular” Delta)	85%
Delta PPO (formerly Delta Preferred)	30%
Delta 216	34%
HealthPartners PPO	37%
Medica	34%
Premier PPOs	36%
Cigna PPO	22%
Met Life PPO	21%
Other	17%
Have you dropped participation in a PPO in the last 12 months?	5%
Do you plan on leaving a PPO within 12 months?	9%
Have you joined a PPO network in the last 12 months?	9%
Do yu plan on joining a PPO within 12 months?	3%

Production
So far in 2011 (compared to 2010) is your practice production:
	Up	Down	Even
Metro	56%	24%	20%
Outstate	51%	28%	25%
Collections
So far in 2011 (compared to 2010) are your practice collections:
	Up	Down	Even
Metro	59%	28%	13%
Outstate	45%	28%	25%
New Patients
So far in 2011 (compared to 2010) are your new patients:
	Up	Down	Even
Metro	41%	23%	33%
Outstate	39%	27%	28%
Crown preps:
Do you charge for Crowns at?
Prep	62%	Seat	38%
Bonuses:
Do you have a Staff Bonus or Incentive Plan?
Yes	40%	Satisfaction rating	7.6

Have you given or plan to give staff raises in 2011?
	Very Positively	Moderately Positively	Not at All	Moderately Negatively	Very Negatively
Metro	1%	3%	15%	68%	13%
Outstate	0%	11%	23%	61%	5%

Doctor, are you getting a raise this year? Understandably, your staff people want bigger pay checks every year. But if your expenses have been rising faster than your revenues, you are between a rock and a hard place. You can attend an endless number of seminars, read countless articles, and still not get action on your bottom line. That is where we can help— because there is no substitute for experienced, hands-on management... and hype is not a substitute for the real results private management consulting can provide for you. Call Advanced Practice Management today 952-921-3360. It’s time you got that raise!
If you have a practice management question, email Bill, Shelly, or Matt, and it won't cost you a nickel!	More than 250 dentists will vouch for our integrity and competence. See our testimonials.	Our “What Do You Say When” highlights reel is on YouTube. Tell us if you would like to see more! I'm not a frequent blogger but when something especially exciting is happening, I like to talk about it. Log in and follow the Advanced Practice antics. \| TOP \|
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Advanced Practice Management
7101 York Avenue South, Suite 300
Edina, Minnesota 55435-4407
Phone 952-921-3360
Fax 952-921-3281 email
info@advancedpracticemanagement.com