News From The Wealthy Dentist #177: December 9, 2009
News from The Wealthy Dentist: December 8, 2009
Click
here to view the newsletter online! Feature articles include:
Health Care Reform: Dentistry’s Silver Lining
I know a lot of dentists are skeptical about it, but I’d like to point out how health care reform could help dentistry. Prophy exams for every man, woman and child would be an incredible boon for dentists. Millions of people who haven’t been to the dentist in years would start going. Dentists’ chairs would fill up with new patients. Click to continue to article…
In this survey, the median number of new patients per month was 20, with 68% of dentists calling referrals a “very effective” source of new patients. “Keeping your name out there using multiple sources seems to be the most effective method of attracting a significant number of new patients,” advised one dentist. Click to continue to article…
Dentist Faces Fraud Charges for ‘Professor’ Claim
A California dentist may end up facing trial for fraud after advertising herself as a “USC Clinical Associate Professor.” The dentist had been an unpaid part-time associate clinical professor at USC for two years. Five years after leaving the position, the dentist had the so-called credential on dental signage at her practice and in ads. Click to continue to article…
Dental Facility Available in San Francisco
Are any of you looking for a dental space in the San Francisco Bay area? Well, I’ve got a good friend with some great medical/dental facilities right in San Francisco. My wife Suzanne is familiar with this property. She says it’s a very nice building, completely remodeled two years ago, with a kind and helpful landlady. Click to learn more about the property…
Survey Video: Dental Lab Safety Concerns
After reports surfaced that lead crowns manufactured in Chinese dental labs may be contaminated with lead, two out of three dentists think that the current publicity is just a tempest in a teapot, while the remainder expect it to be the next big health scandal. Click to watch the video…
Results Marketing
“My practice is getting five to 10 new patients a month. The best new patient gave me a $20,000 profit for veneers! Marketing my practice with IDA now accounts for over $100,000 per year in profits,” writes Dr. Wilfred Miyasaki of Honolulu, Hawaii. Read more marketing stories…
Looking to start a conversation about dental marketing programs right now? We’re here to help. You can sign up for a marketing program, update your current IDA coverage, or just learn more about marketing. Click to chat with an operator…
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Copyright 2009, Du Molin and Du Molin, Inc. All Rights Reserved.
When I first came to work with Jim, I was producing approximately $48,000 per month. At the end of the first year, I was producing 114% more than when I started. The value of new patients during that first year also doubled.
When I first started, I had about 8-10 new patients a month. I was practicing alone in my home, so I had a very small practice. I knew I really had to grow the practice quickly because I moved into a new facility. With the different approaches the The Wealthy Dentist has given me, I was able to move the number of new patients up to 41 a month.
Dr. Jan Ormsby Ithaca, NY
The major benefit that I have received from having been a member of the The Wealthy Dentist has been my transition from managed care insurance plans to fee-for-service patients.
Probably the biggest key that I've seen that has allowed me to progress to where I am now has been really implementing a lot of the systems that I've learned.
You know: making sure I have a complete team that's working for a common goal. In addition to that, I'm really implementing a lot of the marketing strategies that I found were the most effective for me.
Especially when I first started, I tried a lot of different marketing techniques, and I wasn't sure whether they were going to work or not. With Jim and his team of dental management consultants, I've really been able to copy genius instead of creating mediocrity.
Dr. Victor Sobrepena Foster City, CA
When I started with Jim about 12 years ago, my practice was producing an average of about $35,000 a month. I had a goal to move out of the really small place that I was in that was really getting pretty old, pretty outdated.
So now I'm in about 3,000 square feet. I have an Associate doctor and our average production now is in the area of about $160,000 a month.
The marketing strategies that the TheWealthyDentist.com have given me have always stretched me a little bit. They've always been very effective. We're on the Internet. I've been on the radio - very uncharacteristic for me. And television. We have a well-designed, well-thought-out, well- tested yellow page ad. They work. If you just follow the program, it works!
