[ACEsthetics] New Post/Thread Notification: The Business of Dentistry

Hello,

Mac Lee has just posted in the The Business of Dentistry forum of ACE Dental World under the title of Fear of Change.

This thread is located at http://www.acedentalforum.com/forum/threads/2505-Fear-of-Change

Here is the message that has just been posted:
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Dentistry has certainly changed in the last decade. Insurance is running just about everything, including the behavior of the patient, public, dentist and team. The model I started with, i.e. wait until they call or come in, see what you can get out of them, make it as cheap is possible, etc was a pretty free flowing business model that has changed in my opinion. Modern dentistry has such a wide range of wonderful choices which even makes things more confusing and very complicated. Modern dentistry is expensive. The government, the insurance companies and the lay public want cheap.

The real question for all of us to ponder is where do you think you are going to be or where will your office be in 10 years. Are you going to be in control or be controlled. Is there a fear factor with either choice?

The younger you are, the more important the question and your decision is; again, my opinion.

Example, it takes a hell of a lot of guts, business savy, the right team, the right circumstances, the right clinical ability and reputation, the ability to look at yourself, etc to make the decision to become insurance free doesn't it? If you don't plan to drop insurance in the future, what do you think your business model will look like?

Food for thought after reading some of Seth Goodwin's material.

Mac
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