Is Your Dental Practice Ready for Multi-Specialty?
The most successful independent and group practices strive to become multispecialty dental practices. With a wide range of specialists, multispecialty practices can attract new patients, provide care for all dental needs, and have a higher retention rate for follow-up restorative care.
Is your practice ready for multi-specialty?
Not all dental practices are ready to bring in a specialist. As a practice owner, you need to consider if your staff, systems, and patient flow can support a full specialty treatment day, approximately once a month per specialist. Here are some tips on how to determine whether or not to take on a part-time specialist:
These 8 referrals can make up a full Endodontist treatment day.
Track the specialty cases you are currently referring out. This data will show the potential specialty revenue to your practice. It will also give you insights on which specialist you should bring in first. We recommend creating a spreadsheet to detail the procedures you are currently referring out, and what the specialist’s production rate would be.
Gauge the demand for certain specialty procedures. Talk with your patients about their future specialty needs and track those as well.
Consider how and where you might accommodate the specialist in your practice. Evaluate your current patient flow and your ability as the provider to handle more growth personally — or can a specialist help you relieve some of that strain?
Depending on your evaluation, you may decide to hire an Endodontist to complete all your molar endo or a Surgeon to place all your implants. You might consider bringing a Pedodontist or Orthodontist to provide services to a younger demographic. Or bring on a Prosthodontist to serve more full arch cases to the aging population. Alliance Dental can match your practice with any one of these specialties.
What are the benefits of building multi-specialty practice?
Practice growth and financial gain. If you are referring thousands of dollars of specialty per month outside of your practice, and you have the demand and ability to host specialty in your practice, you can potentially bring in additional tens of thousands of dollars per year.
Why work with Alliance Dental?
The traditional method for recruiting a specialist is to post on a job board or ask around for referrals. This process takes time, effort, and a level of risk that may not establish a long-term relationship with the right specialist. Alliance Dental provides you with quality connections to the best specialists so that you can focus on managing your practice and providing patient care.
How to get started:
Register with Alliance Dental. It’s free to onboard and we’ll hop on a call with you to discuss the next steps.
Ensure you have the right office set-up, equipment, and supplies for the specialist. (We can help.)
Ensure you have the staff needed. (We can help with this too.)
There are more and more dentists opting to pursue careers as Traveling Dental Specialists. Don’t miss out on the opportunity to hire a part-time specialist, build up your practice, and serve your patients with a true multispecialty approach.
