News From The Wealthy Dentist #76: December 19, 2007
Editorial: Jim Du Molin
Merry Christmas, folks! This week I thought I’d review how some dentists take advantage of the holiday season. One dentist is offering “Holiday Sparkle Packages” that include gift certificates for spa services and tooth whitening. Another goes all-out with holiday lights to draw attention to his practice.
Click to learn more…
Survey Results: Dentists’ Retirement Plans
When asked about their retirement plans, two-thirds of our dentist respondents say that they expect to choose keep working part-time to keep themselves busy. Only 13% replied that they’re on track financially and will retire completely once their financial goals are fully met. One in five dentists would like to retire, but aren’t sure they will be able to afford it. We also learned the average target retirement age is 63 years old. And aren’t the specialists lucky! They’re planning to retire at an average of 58 years old, six years before their colleagues practicing general dentistry.
Click to continue…
Question: How Much Does Bad Dental Management Cost?
A group of over 100 Minneapolis-area dentists was just awarded $130 million by a jury in a lawsuit the group filed against a dental management company, alleging that American Dental Partners subsidiary PDHC overstepped their 1996 agreement. The dentists claim that the management group prevented them from accessing their
own money and granted itself excessive service fees.
Click to continue…
Also in the News…
- Dental Firm Skips Town with Patients’ Money
- Dentist Was Fired Because Her Married Boss Was in Love with Her
- Korean Statisticians Predict Glut of Dentists By 2020
- New Video Network Targets Dental Waiting Rooms
- Guardian One of the First Major Dental Insurers to Cover Cosmetic Teeth Whitening
- Veterinary Dentistry Catches On
- Dental Marketing: Dentists Share Their Most Effective Strategies
- More New Patients! Dentists Make New Year’s Resolutions
- Some Dentists Feel Dental Boards Are Too Restrictive
- Invisalign: 3 Out of 4 Dentists Go With the Money!
- Half of Dentists Report Trouble with Peer Review
- Dentists Love Oral Conscious Sedation
Previous Editorial Highlights…
- Confrontation Is Not the Way to Deal with a Thieving Employee
- Bond Your Employees and Save Your Practice Money
- How to Avoid Embezzlement and Keep Your Dental Practice Afloat
- Ten More Signs You’re Being Ripped Off by a Team Member!
- When Blind Faith in Humanity Doesn’t Cut It!
- Someone Is, Most Likely, Stealing from You at This Very Moment