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Ways To Boost Your Profitability Through An Effective Supply Chain Strategy
Posted on December 15, 2020 by Christine Daum | Share
Posted in Articles, General | Tagged in Practice Profitability, Increase Efficiency, Managing Dental Supplies, KPIs, Supply Strategy, Supply Chain, GPOs and Dentistry, Group Purchasing Organization, GPO, cost savings
Brian Heyndrickx, Independent Dental Solutions Co-Founder & Chief Executive Officer Prior to launching Independent Dental Solutions (IDS), a Group Purchasing Organization (GPO) for private dental practices, I worked in medical distribution for more than 20 years. Like many other industries, medical offices, surgery centers and hospitals rely on an effective supply chain and procurement strategy to manage their operating expenses and stay competitive within the market (I define supply chain and procurement as everything a dental practice needs to run […] Read More...
Posted in Articles, General | Tagged in Practice Profitability, Increase Efficiency, Managing Dental Supplies, KPIs, Supply Strategy, Supply Chain, GPOs and Dentistry, Group Purchasing Organization, GPO, cost savings
What You Should Know About GPO’s
Posted on December 15, 2020 by Christine Daum | Share
Posted in Articles | Tagged in Group Purchasing Organization, Dental GPO, Dental Supply Chain, Dental Supplies, Cost Reduction, Dental savings, dental support, dental support services, GPO
Although group purchasing organizations (GPOs) have been around for over a century and are common in the medical industry (98% of hospitals in the US are belong to a GPO), they have only begun to gain traction with dentists over the last few years. With many private dental practices looking for ways to reduce overhead costs and stay competitive in an increasingly DSO/corporate dental market, GPO’s can provide significant savings opportunities and practice support. Below are answers to common questions […] Read More...
Posted in Articles | Tagged in Group Purchasing Organization, Dental GPO, Dental Supply Chain, Dental Supplies, Cost Reduction, Dental savings, dental support, dental support services, GPO
Providing (Affordable) Employee Benefits
Open enrollment is upon us again, and for many private dental practices, it can be challenging to find a balance between offering competitive employee benefits that are also affordable. In fact, employee benefits are often one of the biggest annual expenses for practices, so it’s important to have a benefits strategy in place help guide you as you evaluate and select your employee benefits package for the year. To help get you started, EmPower HR shares some tips […] Read More...IDS & The Wolverine Dental Society Partner to Advance & Unite Dentistry in Michigan
Posted on October 26, 2020 by Christine Daum | Share
Posted in General | Tagged in WDS, Wolverine Dental Society, Endorsement, GPO, cost savings, practice support
Independent Dental Solutions Receives an Offical Endorsement from the Wolverine Dental Society Independent Dental Solutions (IDS) and the Wolverine Dental Society (WDS) are proud to announce their new partnership.The two Midwest organizations share not only a humble but impassioned start, they both were formed from a desire to advance and unite the dental industry. The Wolverine Dental Society was founded in Detroit in 1934 by a small group of African American dentists who wanted to overcome the exclusion experienced […] Read More...
Posted in General | Tagged in WDS, Wolverine Dental Society, Endorsement, GPO, cost savings, practice support
COVID-19’s Impact on Your Practice’s Six-Month Schedule Cycle
How to Minimize Scheduling Lulls for the Remainder of the Year Traditionally dentists could rely on a steady stream of patients and keep their schedules full by establishing recurring appointments for patients at set intervals throughout the year – most often, returning every six months for routine hygiene visits. Patients seen in January would return in June, those seen in February return in July, and so on. This provides dentists with more predictable schedules and revenue streams, while enabling them to provide optimal care […] Read More...Looking for Ways to Boost Your Practice Profitability Following COVID-19 Closures?
Take Advantage of a Free Practice Optimization Analysis Surveys conducted by the American Dental Association and other national agencies over the last several months have closely monitored the impact COVID-19 has had on dental practices across the country. While most have resumed “business-as-usual”, the upward recovery trends have slowed, and many dentists are reporting their schedules have stalled at about 70% capacity. Operating at lower than normal patient volumes for most of the year continues to weigh heavy on the […] Read More...IndepenDENT Dental Solutions Launches Dental Discussions Podcast
Providing Practice Management Support for Private Dental Practices October 8, 2020 In the spirit of continuing their mission to further support all the business needs of their members, as well as the independent dental market as a whole, Independent Dental Solutions (IDS) is excited to announce the launch of their new podcast, Dental Discussions. The first episode was released on Wednesday, October 7th and new episodes will be posted bi-weekly on Wednesdays moving forward. Topics will include operational best practices, […] Read More...The Path Forward Following COVID-19: Where Do We Go From Here?
Posted on September 23, 2020 by Christine Daum | Share
Posted in Articles, General | Tagged in Recovery Plan, Dental Advisor, Dental Consulting, COVID-19 Impact on Practices, Financial Pressures, Rebuilding Dental Practices
This year has been unique to say the least, and the impact of COVID-19 varies for each dental practice – not just when comparing practices by state or region, but for practices within the same community. With continued uncertainty and mounting financial pressures, some practitioners may be considering changing careers or transitioning into retirement. On the other hand, some practices may be busier than ever and are struggling to keep up with the demand from the backlog of patients needing […] Read More...
Posted in Articles, General | Tagged in Recovery Plan, Dental Advisor, Dental Consulting, COVID-19 Impact on Practices, Financial Pressures, Rebuilding Dental Practices
Successful Recruiting and Retention – Even Amid a Crisis
Posted on September 16, 2020 by Christine Daum | Share
Posted in Articles, General | Tagged in HR, Recruitment, Retention, Interviewing, Company culture, hiring for fit, job narrative
Successful Recruiting and Retention – Even Amid a Crisis Jessica Young, Associate HR Business Power, EmPowerHR The way we work has changed significantly since the unexpected arrival of COVID-19, and as a result, so have the concepts of recruitment and retention. With unemployment rates high, many employers assume finding (and retaining) top talent should be easy, however, businesses are facing a whole new set of challenges when it comes to staffing. If you’re finding it difficult to sift through […] Read More...
Posted in Articles, General | Tagged in HR, Recruitment, Retention, Interviewing, Company culture, hiring for fit, job narrative