Connect With Us:
Facebook Twitter LinkedIn

Your Dental Practice's Best Referral Source May Be Your Competitors

One dentist explains how early in his career, he came to the realization that his most powerful referral source wasn’t any of his external marketing efforts, but rather his competitors. Either your practice is a recipient practice, like his, or it’s a donor practice. You definitely don’t want to run a donor practice.
Michael Abernathy, D.D.S.
PUBLISHED: Tuesday, March 14, 2017
 


Patients complain about price. You must keep comparables comparable when it comes to fees. Stay in the 80 to 90 percent for your area. Always give the patient what they want first, then, work at giving them what they need. Bundling your fees and treatment plan incorrectly make you look like a dentist turned time-share salesman.
 
High staff turnover. Our office was fortunate to average more than 14.5 years for each employee. High turnover is a symptom of lack of leadership and systems. Get it right and the patients and staff will stay. If your patients see a different face every six months, they will wonder why, and they are right.
 
Assisted hygiene. Assisted hygiene does work to ramp up the hygiene department, but make sure you have the right assistant in that role. It should be the best assistant in the office. Maybe even the one you can’t work without. If done incorrectly, you will see fewer patients following through with treatment plans because of a lack of trust that was once created by your hygienist spending the time to adequately explain treatment and listen to what the patient came in for. I have seen few offices that do this correctly.
 
Poor financial arrangements. The largest and most-used health care patient financing company is not the best just because they pay the ADA hundreds of thousands of dollars a year to receive their endorsement. Add Wells Fargo, and Chase to your options and watch the acceptance rate soar.
 
FIXING DONOR PRACTICES
Routing slips. These can be produced by most dental software and allow you to follow each patient through the office. Patients may first contact you by phone and then arrive at the office for the first time. The routing slip follows them through your office. At some point, you will find a point at which the patient does not go to the next treatment step. Identify this point and you can correct the system or staff member and eliminate the blockage. Don’t and it is “Donor Doomsday.”
 
Exit interviews. Whether it is with a staff member that does not work out, or a patient who to a different practice, you can benefit by taking the time to call and find out why. Great leaders find the problem and deal with it immediately.
 
Comment cards. These anonymous cards allow you to learn of potential problems from every patient you see. Email me (abernathy2004@yahoo.com) and I will send you one. Assume that if one patient mentions a problem, there are 100 more patients who were silent and felt the same way. Ninety-six percent of patients will leave without saying anything if dissatisfied. Learn of and deal with the problem and most will stay.
 
Create a system for cancellations and no-shows. Email me and I will send you our cancellation and no-show system that we have used for over 30 years.
 
Record and monitor your calls. This applies to calls inside and outside of your office. The No. 1 piece of technology in your office is the phone. If the staff does not come across as caring and compassionate, the patient will never show up to let the doctor mess up the relationship. 
 
Spend the time to create great systems and inspire your patients and staff, and there is no limit to practice growth. 
 
Michael Abernathy, D.D.S., is the founder of Summit Practice Solutions in Dallas, Texas. He founded Summit Practice Solutions in 1991 to help other dentists duplicate his success. Abernathy also runs a multi-office dental practice based in McKinney, Texas. He can be reached at abernathy20004@yahoo.com or 972-523-4660. 


$vacMongoViewPlus$ $vAR$
Dentist's Money Digest
Partner Websites
MJH Associates
American Journal of Managed Care
ContagionLive
Contemporary Clinic
Cure
Cure Connections
Cure Hepatitis C
HRA
MD Magazine
ONCLive
OTCGuide
Pharmacy Times
Specialty Pharmacy Times
Rare Disease Report
Targeted Oncology
Resources
About Us
Careers
Press Release
Privacy
Terms & Conditions
Intellisphere, LLC
2 Clarke Drive
Suite 100
Cranbury, NJ 08512
P: 609-716-7777
F: 609-257-0701

Copyright Dentist's Money Digest 2019
Intellisphere, LLC. All Rights Reserved.