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EXCLUSIVE MARCH SPECIAL REPORT!
Released February 29th, 2008
A very special report on dentists – their professional practice career and economic life cycle – by a leading national dental management corporate executive.
AUTHOR: Thomas A. Knox MBA was senior vice-president for provider partnerships at Delta Dental Plan of Minnesota, which owns a major interest in a privately held dental practice management corporation [DPMC].
POSITION: Mr. Knox held senior leadership positions in several health care organizations for more than twenty-five years. He implemented various joint ventures, partnerships and business alliances in a variety of medical organizations. He is recently retired.
TOPIC: “Practice Management and Financial Planning: It’s [NOT] for Dentist’s Only”
EXERPT: “The challenge is that for many dentists their practice is too big and too profitable to sell to new dentists who have been, traditionally, the practice buyers. Almost fifty percent of present day dentists are baby boomers pushing 50-55 years of age. And unfortunately, they cannot afford to retire at this point and still maintain the lifestyle they have created. But, the temptation is there – the thought is occurring more frequently – and it is very compelling and very frustrating.”
Don’t miss it!
REQUEST IT NOW: Complimentary by email.
https://medicalexecutivepost.com/wp-content/uploads/2008/03/ddspracticelifecyclefinplanning.pdf
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Filed under: Monthly Reports | Tagged: Dentists [DDS/DMD] |
The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 
Beware of the Newt
Neither patients’ nor dentists’ friend. So, I just posted this on PennWell.
Link: http://community.pennwelldentalgroup.com/forum/topic/show?id=2013420%3ATopic%3A14080
And, even more about Newt Gingrich:
Yesterday, Chris Ceplenski, Senior Editor of hr.blr.com posted an article titled, “Newt Gingrich’s 3 Initiatives to Transform Health Care.”
Link: http://hr.blr.com/news.aspx?id=78929
He also suggests that for better health, optimism is cost effective medicine; so smile!
-Darrell K. Pruitt; DDS
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Since Delta Dental is obviously attempting to create a vertical foothold in the dental market, one should be naturally suspicious of Thomas Knox’s twisted franchise ideas. It is foolish to believe anything Delta leaders say – especially about the value of managed care dental practices. Delta reps will lie for bonus money. Want proof? Simply open any dental journal and notice that practice ads boast “No managed care,” not “Discount dentistry done here!”
Among dentists, Delta is despised because of its dishonest leaders. Watch this: Is there anyone from Delta who would like to defend themselves against my horrible accusations? (Nobody will utter a peep. They are cowards).
Anyone who knows dentistry knows that a practice built on manage care brings far less in the market than free-market practices built on good will. This is really very simple to understand. A dentist does not have to provide competitive service to attract patients from preferred provider lists. Patients have no choice. That is a fact.
Managed care dentistry is dentistry by the lowest bidder with no quality control. Who would want to invest in that if given a choice?
D. Kellus Pruitt; DDS
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