F06:What is the Future of Dentistry?
Subject: 550 – Practice Management and Human Relations
Subject: 550 – Practice Management and Human Relations
Credit: 1 Lecture
Thursday, July 14: 3:30 to 4:30 p.m.
Audience: DTC (D,H,A,O,T), ST, R
Fee: Free with registration!
Location: Exhibit Hall
Speaker Bio: Belmont, NC; CEO, Dr. Charles Blair & Associates, Inc., American Dental Support, LLC
Description:
PPO dominance and lack of busyness are top concerns of dentists. New graduates are weighing options as corporations can offer cash, security, and relief from employee headaches - - it is the new quick-start option. Even established dentists who are looking to transition their practice see a way to sell without the hassle of finding a buyer. The growth of corporate dental practices is a real risk to our cottage industry.
PPO dominance and lack of busyness are top concerns of dentists. New graduates are weighing options as corporations can offer cash, security, and relief from employee headaches - - it is the new quick-start option. Even established dentists who are looking to transition their practice see a way to sell without the hassle of finding a buyer. The growth of corporate dental practices is a real risk to our cottage industry.
PPOs are dominating the marketplace with an 80% share while out-of-network practices are less than 18% of the market. Several Delta Dentals are cutting reimbursements and one requires PPO participation as a condition of participating in the higher fee Delta Premier Program.
So what is the answer? What is the best for the future of dentistry? Learn the best options for the traditional practice’s survival: how to counter-punch, when to join PPOs, etc. Unfortunately, the private practice challenge of running a practice is now beyond most physicians and some dentists. This in-depth look at the demise of a cottage industry will be an eye opener for attendees!
Learning Objectives:
- The participant will gain knowledge into the future of dentistry.
- The participant will learn how to counter corporate dentistry with the traditional practice.
- The participant will gain knowledge of how PPOs work, when to join, and how write-offs can be minimized.
This Learning Lab is brought to you by Charles Blair & Associates.
