Increase Practice Revenue, Profit and Valuation without Adding New Patients

Dave Monahan, Increase Practice Revenue, Profit and Valuation without Adding New Patients
Speaker: Dave Monahan
CE Credits: 1.5
Format: MP4 Video
The course will cover the market research, practice data, and case studies that show how you can significantly increase the revenue, profitability and value of your practice without adding new patient...more
  • Running Time: 1.5 hours
  • Released: 9/17/2018
  • Expiration Date: 6/30/2025
  • Review Date: 6/30/2022
CE Details
Credit Details
This electronically delivered self-instructional program is designated for 1.5 hours of CE credit by Farran Media.
AGD Code: 550.

The fee to view this course is $36. This cost includes the fee to take the exam and claim your CE credits.

Synopsis:
The course will cover the market research, practice data, and case studies that show how you can significantly increase the revenue, profitability and value of your practice without adding new patients. Some items that will be covered:
1. From 1997 to 2016, the dental market grew 70% while dentist earnings remained flat! The webinar will explore why this is the case.
2. Dental insurance does not work for dentists or patients. The webinar will cover the specifics of why this is true and why it is getting worse, not better.
3. 38 million uninsured patients in the US visit the dentist each year, but they are 50-70% less compliant than insured patients. The webinar will explain why these patients avoid treatment and what you can do to improve treatment acceptance rates.
4. Practices are discovering that membership plan patients are the best patients. The webinar will show data from practices that offer membership plans to their patients and the impact it has had on revenue, profitability and practice valuation.


Educational Objectives:
Upon completion of this course, you should be able to:
  • Understand some reasons why it has become more difficult to run a profitable dental practice.
  • Learn how uninsured patients think about dental care.
  • Learn how to significantly improve the financial performance of your practice by focusing on existing uninsured patients, avoiding the cost, hassle and typical failure of new patient specials and new patient marketing activities.
Description of Speaker:
Dave Monahan is the CEO of Kleer, a cloud-based platform that enables dentists to easily create their own membership plan and offer it directly to their patients. Kleer eliminates the cost and hassle of the insurance middle man, making it very easy for patients to get the comprehensive dental care they want while enabling dentists to increase patient loyalty, visits, and treatment acceptance.

Disclosure:
This CE activity is supported by an educational grant from Kleer.

CE Policies
American Dental Association (ADA), Continuing Education Recognition Program (CERP) provider
Farran Media is an ADA CERP Recognized Provider. ADA CERP is a service of the American Dental Association to assist dental professionals in identifying quality providers of continuing dental education. ADA CERP does not approve or endorse individual courses or instructors, nor does it imply acceptance of credit hours by boards of dentistry. Concerns or complaints about a CE provider may be directed to the provider or to ADA CERP at https://ccepr.ada.org. For any questions, please contact Nareg Apelian, DMD, Director of Continuing Education at nareg@farranmedia.com.
American General Dentistry (AGD), Program Approval for Continuing Education (PACE) approved, FAGD / MAGD Credit Farran Media is a nationally approved PACE Program Provider by the Academy of General Dentistry. Approval does not imply acceptance by any regulatory authority or AGD endorsement. The current term of approval extends from 1/1/2023 to 12/31/2026. Provider ID# 304396
This activity meets the educational criteria required for verifiable Continuing Professional Development under the General Dental Council Lifelong Learning scheme and represents 1.5 hours of verifiable CPD.

Legal Disclaimer:
The CE provider (Farran Media) uses reasonable care in selecting and providing content that is accurate. The CE provider, however, does not independently verify the content or materials. The CE provider does not represent that the instructional materials are error-free or that the content or materials are comprehensive. Any opinions expressed in the materials are those of the author of the materials and not the CE provider. Completing one or more continuing education courses does not provide sufficient information to qualify the participant as an expert in the field related to the course topic or in any specific technique or procedure. The instructional materials are intended to supplement, but are not a substitute for, the knowledge, expertise, skill and judgment of a trained health care professional.

Licensure:
Continuing education credits issued for completion of online CE courses may not apply toward license renewal in all licensing jurisdictions. It is the responsibility of each registrant to verify the CE requirements of his/her licensing or regulatory agency.

State CE Requirements:
Click Here for CE requirements by state. Please note that this information is current as of the time of listing. This information is subject to change at any time from the state boards. For the most up-to-date information, please contact your state board directly.

Refund Policy
There are no refunds for Online CE courses. Please contact technical support if you run into technical difficulty.

For any questions, please contact Nareg Apelian, DMD, Director of Continuing Education at nareg@farranmedia.com
To reap the full benefits of this CE course, the presenters (Howie Horrocks and Mark Dilatush) have agreed to create a marketing plan specifically tailored to your practice and your specific market area. Having your marketing plan printed and open while you view the course material, will greatly individualize your learning experience.
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