Dental CPA in Baltimore | 3 Ways to Buy Time: Boost Your Practice’s Productivity with Time-Saving Measures

Dental Broker

Time is your most precious resource. On certain days, managing your time is not just difficult, it is downright impossible. Ask yourself about the strategies you are currently using to organize your day. What other tools could you be leveraging to save your practice’s most precious commodity? Here are 3 methods you can implement to maximize your time.

  1. Re-evaluate Your Management Tactics

You can buy time without spending a dime. Employ a new way of keeping track of practice productivity. You can have your team record their tasks for the day in a quick email. Each staff member can quantitatively list their duties, allowing for simple reference later. This cuts down on micromanaging your staff by way of asking, “What did you do today?” Managerial work is difficult to implement after a full day of back-to-back appointments.

You can cut back on daily meetings because you will have a clear picture of what each team member is contributing. Having a list of completed tasks at the end of the day allows for everyone at your practice to be keenly aware of who is to be held accountable for each task.

  1. Utilize Apps to Maximize Efficiency

“Lost time is never found again.” Ben Franklin knew this more than 200 years ago, so how can you apply this knowledge to running your practice? There are numerous tools available for your phone that can be a valuable resource for keeping track of your practice. You can benefit from the use of efficiency apps. In today’s world, there is no need to manage all aspects of your business manually.

Take advantage of scheduling apps and software. You can schedule emails to remind patients to book their next visit to your office without having to send it in real time. This can be an indispensable tool for patient retention, by keeping you in consistent contact with your patients. Apps such as these will help you save time, and keep track of your practice’s performance.

  1. Consider Express Check-In

It is not always your team that is responsible for lost time slipping through your fingers. One late patient can set the whole day off-schedule. Make it easy for your patients to register. Provide compliant forms online for patients to fill out before coming into the office. Saving time at the front desk will help your entire practice run on schedule. Never allow for your practice to earn a reputation of running behind schedule, instead work with your patients to create a smoother, faster registration. Your patients will not want to fill out redundant forms. Rework any documents or forms where possible to prevent your patients from filling out information such as their name and address multiple times.

Successful business leaders are experts at time management. Put methods in place that allow for concrete, quantitative results to measure productivity. Utilize technology to make your life easier and allow your patients to work with you to save time. Don’t get caught watching the sand fall through the timer, take action and rethink your time management strategies. Contact us today. 

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Dental Practice Transitions Letters

DENTAL PRACTICE TRANSITIONS LETTERS: The General Dental Practice we had listed in Laurel, MD closed last week.  The Dental Practice was large enough that the new owner will be able to retain one of the sellers of the dental practice as a full time associate while the other seller will retire.  We were able to match the sellers of this dental practice up with the perfect credentialed buyer which turns out grew up in the same area as one of the sellers.

Here is a pic of the backseat of my car containing 2500 Dental Practice Transitions Letters on the way to the post office.  These letters introduce the new buyer to the Patients in a friendly but professional manner.   The letters not only inform the patients of the dentists pending retirement, but favorably introduce the buyer as well. The letter also includes a brief biography of the buyer, the buyers educational credentials and areas of specialization, hobbies, as well as a description of the family.

This is just another service Dentists receive when they list their practice with Schiff Dental Brokerage.  It took a couple members of our team two full days to print, stuff, label, and seal these envelopes but this is an essential step of the transition process if the buyer expects to maintain the maximum amount of patients possible.

Contact Eric Schiff with Schiff Dental Brokerage today to list your practice for sale and receive the same professional service.

 

blog-transition letter

Dental Practice Transition Letters

DENTAL PRACTICE TRANSITION LETTERS: The General Dental Practice we had listed in Laurel, MD closed last week.  The Dental Practice was large enough that the new owner will be able to retain one of the sellers of the dental practice as a full time associate while the other seller will retire.  We were able to match the sellers of this dental practice up with the perfect credentialed buyer which turns out grew up in the same area as one of the sellers.

Here is a pic of the backseat of my car containing 2500 Dental Practice Transition Letters on the way to the post office.  These letters introduce the new buyer to the Patients in a friendly but professional manner.   The letters not only inform the patients of the dentists pending retirement, but favorably introduce the buyer as well. The letter also includes a brief biography of the buyer, the buyers educational credentials and areas of specialization, hobbies, as well as a description of the family.

This is just another service Dentists receive when they list their practice with Schiff Dental Brokerage.  It took a couple members of our team two full days to print, stuff, label, and seal these envelopes but this is an essential step of the transition process if the buyer expects to maintain the maximum amount of patients possible.

Contact Eric Schiff with Schiff Dental Brokerage today to list your practice for sale and receive the same professional service.

 

blog-transition letter