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How long does it take to collect what you're owed? The longer you wait, the less likely you are to collect it! In this episode, Kirk Behrendt brings back Ariel Juday, one of ACT’s amazing coaches, to break down accounts receivable percentage, where your numbers should be, and what to do if they're not in the ideal ranges. To learn how to collect what you're owed as quickly as possible, listen to Episode 928 of The Best Practices Show!
Learn More About Ariel:
More Helpful Links for a Better Practice & a Better Life:
Episode Resources:
Main Takeaways:
Snippets:
0:00 Introduction.
2:27 Why this is an important topic.
3:21 AR percentage, explained.
5:41 How AR percentage impacts the practice.
9:35 AR benchmarks, explained.
10:58 What it looks like when AR percentage is going well.
12:29 Collect 100% or more of your net collections.
13:34 What it looks like when AR percentage is not going well.
15:24 How to improve your AR percentage.
20:08 Last thoughts.
Ariel Juday Bio:
Ariel has a master’s in healthcare administration and several years of dental experience in all aspects of the administrative roles within the dental office. Her passion is to work with dental teams to empower team members to realize their full potential in order to better serve patients, improve office systems to ensure a well-functioning team/office, and to help everyone have fun in the process!
About 70% of dentists will be embezzled during their careers. In fact, it may be happening to you now! In this episode, Kirk Behrendt brings back David Harris, embezzlement expert and CEO of Prosperident, to continue with part two of how to stop embezzlement from happening in your practice. To learn the best monitoring framework to stop future thieves in their tracks, listen to Episode 927 of The Best Practices Show!
Learn More About David:
More Helpful Links for a Better Practice & a Better Life:
Episode Resources:
Main Takeaways:
Snippets:
0:00 Introduction.
2:36 David’s background.
4:20 Day-end reports, explained.
8:54 Why dentists need to print their own reports.
10:25 Two questions to ask about day-end reports.
12:01 Month-end reports, explained.
14:36 How often should month-end reports be done?
15:23 Compare collections against deposits.
18:07 Prosperident’s monthly monitoring spreadsheet.
19:52 Final thoughts.
22:09 More about Prosperident.
David Harris Bio:
Under David’s leadership, Prosperident has expanded over the past three decades to become a team of more than 20 highly specialized fraud investigators, forensic accountants, IT specialists, and support staff. David’s vast investigative experience, coupled with his youth-filled misadventures and his past military service, have given him a unique insight into embezzlers’ mindsets and actions. He is passionate about sharing his wealth of knowledge with dentists and dental specialists.
David is a much sought-after speaker and an accomplished author on the topic of dental embezzlement. Dental Embezzlement: The Art of Theft and the Science of Control is his most recently published book.
David’s professional qualifications include Certified Fraud Examiner, Certified in Financial Forensics, Forensic CPA, Chartered Professional Accountant, Certified Management Accountant, and Licensed Private Investigator.
About 70% of dentists will be embezzled at some point in their career. About 80% of them can be prevented just by having the right systems. In this episode, Kirk Behrendt brings back David Harris, embezzlement expert and CEO of Prosperident, to share three rules that will deter future thieves and reduce your risk of embezzlement. If someone is going to steal from you, make it extremely difficult! To learn how to drastically reduce your risk of embezzlement, listen to Episode 926 of The Best Practices Show!
Learn More About David:
More Helpful Links for a Better Practice & a Better Life:
Episode Resources:
Main Takeaways:
Snippets:
0:00 Introduction.
1:11 David’s background.
2:05 Embezzlement affects more than just finances.
4:14 Why division of duties is important.
5:51 The revenue cycle and the six tasks, explained.
7:46 Rule 1) Treatment should not be entered by the front desk staff.
11:46 Why rule number one is important.
13:10 Rule 2) Nobody does more than two of the six tasks.
14:45 Why dentists should be the ones taking care of the mail.
17:57 Rule 3) Have different sets of eyes on tasks.
19:24 How to transition into separating duties.
21:05 Don't try to do this on your own.
24:06 Final thoughts.
25:14 About Prosperident.
David Harris Bio:
Under David’s leadership, Prosperident has expanded over the past three decades to become a team of more than 20 highly specialized fraud investigators, forensic accountants, IT specialists, and support staff. David’s vast investigative experience, coupled with his youth-filled misadventures and his past military service, have given him a unique insight into embezzlers’ mindsets and actions. He is passionate about sharing his wealth of knowledge with dentists and dental specialists.
David is a much sought-after speaker and an accomplished author on the topic of dental embezzlement. Dental Embezzlement: The Art of Theft and the Science of Control is his most recently published book.
David’s professional qualifications include Certified Fraud Examiner, Certified in Financial Forensics, Forensic CPA, Chartered Professional Accountant, Certified Management Accountant, and Licensed Private Investigator.
How efficient is your collections process? By looking at one number, you can find out! In this episode, Kirk Behrendt brings back Ariel Juday, one of ACT’s amazing coaches, to break down accounts receivable ratio. She explains what AR is, how to track it, and what you can do if it’s not at a healthy number. To learn how to manage and take control of your AR, listen to Episode 925 of The Best Practices Show!
Learn More About Ariel:
More Helpful Links for a Better Practice & a Better Life:
Episode Resources:
Main Takeaways:
Snippets:
0:00 Introduction.
2:10 Accounts receivable, explained.
4:14 Example of a healthy AR ratio.
4:55 How AR impacts your practice.
5:49 What a low AR ratio indicates.
6:39 Pros and cons of negative receivables.
8:38 How to impact your AR ratio.
11:34 Last thoughts.
Ariel Juday Bio:
Ariel has a master’s in healthcare administration and several years of dental experience in all aspects of the administrative roles within the dental office. Her passion is to work with dental teams to empower team members to realize their full potential in order to better serve patients, improve office systems to ensure a well-functioning team/office, and to help everyone have fun in the process!
Being a dentist isn't easy, and neither is being an entrepreneur. In this episode, Kirk Behrendt brings in Dr. Jeff Henneberg, co-founder of Smile Source Spokane, to share his path from being an educator to entrepreneurship and offer his words of wisdom and encouragement for current and future practice owners. To learn the essential tools and skills of entrepreneurship, listen to Episode 924 of The Best Practices Show!
Learn More About Dr. Henneberg:
More Helpful Links for a Better Practice & a Better Life:
Episode Resources:
Main Takeaways:
Snippets:
0:00 Introduction.
1:40 Dr. Henneberg’s background and what pulled him into dentistry.
11:12 Can entrepreneurship be taught?
12:42 Bumps in the road and lessons learned.
19:26 The community of Smile Source.
22:08 The dark side of entrepreneurship.
25:08 The importance of finding a community.
27:50 Figure out who you are.
30:11 More bumps in the road and lessons learned.
34:03 The future for Dr. Henneberg.
36:04 The importance of controlling your time.
40:57 Final thoughts.
Dr. Jeff Henneberg Bio:
Dr. Jeff Henneberg is the co-founder of Smile Source Spokane. Smile Source Spokane helps people from all over the state and Inland Empire achieve oral health and feel confident about their smiles. For over 15 years, more than 3,000 people from over five states in the West and Canada have trusted their care to Smile Source Ellingsen-Henneberg Dental.
Dr. Henneberg has been an educator for dental students through the University of Washington Dental School and has hosted educational events in various subjects regarding oral care. He is a charter member of the Inland Empire Perio Study Club, which is one of the longest running educational clubs in the country. He provides implant, surgical, and consultation care for the Benewah Medical Clinic and the Coeur d’Alene Tribe. He is a member of the American Academy of Dental Sleep Medicine, the American Academy of Implant Dentistry, the ADA®, WSDA, SDDS, and serves on the dental advisory board of Smile Source.
In his spare time, Dr. Henneberg enjoys spending time outdoors golfing, skiing, and hiking with his family. He is married with two children.
About 50% of your new patients will not return. Why does that happen, and what can you do about it? In this episode, Kirk Behrendt brings in Brad James, director of SMB sales at Kleer and Membersy, to explain the true problem you have in your practice. You don't have a new patient problem — you have a patient loyalty problem! To learn what's keeping new patients away and how to create loyalty in your practice, listen to Episode 923 of The Best Practices Show!
Learn More About Brad:
More Helpful Links for a Better Practice & a Better Life:
Episode Resources:
Main Takeaways:
Snippets:
0:00 Introduction.
1:57 Brad’s background.
4:28 Lacking visibility of practice data and why it’s a problem.
8:50 Consequences of not knowing your numbers.
11:43 New patients aren't always the answer.
14:05 Incentivize patients to return.
15:34 Membership patients have a higher APV.
22:32 It’s not all about volume.
26:54 Myths and data about cash-paying patients.
31:29 Build your practice with loyalty, not price.
33:05 Membership drives loyalty.
35:48 Final thoughts.
37:17 About Kleer-Membersy.
Brad James Bio:
Brad James is an accomplished leader in the dental industry, serving as the director of SMB markets at Kleer and Membersy. Committed to making access to dental care both easy and profitable, Brad plays a pivotal role in empowering dental teams to implement strategies that unlock growth.
You can’t recapture 100% of your cancellations — but you can get 80% or more! In this episode, Kirk Behrendt brings back Miranda Beeson, ACT’s director of education, to break down recaptured percentage, how to track it, and ways to create a strong system to increase reappointment. To learn the secrets for actively rescheduling patients, listen to Episode 922 of The Best Practices Show!
Learn More About Miranda:
More Helpful Links for a Better Practice & a Better Life:
Episode Resources:
Main Takeaways:
Snippets:
0:00 Introduction.
1:48 Recaptured percentage, explained.
4:40 How this percentage impacts your practice.
6:51 What it looks like when recaptured percentage is high.
8:47 What it looks like when recaptured percentage is low.
11:47 Countermeasures.
14:13 Join ACT’s BPA.
Miranda Beeson, MS, BSDH Bio:
Miranda Beeson has over 25 years of clinical dental hygiene, front office, practice administration, and speaking experience. She is enthusiastic about communication and loves helping others find the power that words can bring to their patient interactions and practice dynamics. As a Lead Practice Coach, she is driven to create opportunities to find value in experiences and cultivate new approaches.
Miranda graduated from Old Dominion University, and enjoys spending time with her husband, Chuck, and her children, Trent, Mallory, and Cassidy. Family time is the best time, and is often spent on a golf course, a volleyball court, or spending the day boating at the beach.
Hygiene is more than just preventative care. It’s a way to tether patients to your practice! In this episode, Miranda Beeson, ACT’s director of education, brings in four amazing ACT team members to share some of their best practices and insights for building value through hygiene. Hygienists are more than just “mouth janitors”! To learn of all the ways they provide value for your practice, listen to Episode 921 of The Best Practices Show!
Learn More About the ACT Team:
More Helpful Links for a Better Practice & a Better Life:
Episode Resources:
Main Takeaways:
Snippets:
0:00 ACT’s BPA.
2:18 Why this is an important topic.
5:39 How this topic shows up in the practice.
8:41 The importance of hygiene for patient retention.
13:19 The importance of hygiene: Create urgency or build value for the next appointment.
15:44 The importance of hygiene: “Due for what?”
17:24 The importance of hygiene: “Your program of care”.
18:11 The importance of hygiene: Don't use minimizing language.
19:48 Best practices for consistently working a recare system.
23:11 The importance of optimal standards of care.
30:37 Upholding optimal standards of care: Align your team on what optimal means.
33:04 Upholding optimal standards of care: Benefits of having a documented system.
34:38 Upholding optimal standards of care: Let patients know you're providing optimal care.
39:25 The importance of collaboration.
47:03 The importance of collaboration: “Preheat” the patient.
48:57 The importance of collaboration: Get doctors and hygienists aligned.
50:26 The importance of collaboration: Have clear conversations from the beginning.
51:25 The importance of collaboration: The exam on demand.
53:20 The importance of the hand-off.
55:29 Final takeaways.
Ariel Juday Bio:
Ariel has a master’s in healthcare administration and several years of dental experience in all aspects of the administrative roles within the dental office. Her passion is to work with dental teams to empower team members to realize their full potential in order to better serve patients, improve office systems to ensure a well-functioning team/office, and to help everyone have fun in the process!
Angela Heathman, MS, RDH Bio:
Angela Heathman, MS, RDH, has over 20 years of clinical dental hygiene, dental sales, and practice coaching experience. When she transitioned from her role as a clinician to her role as a sales account manager, she realized both her passion for education and practice development. Now, as a Lead Practice Coach with ACT Dental, she works with dentists and their teams to help them accomplish their goals. She believes the hard work you do on your practice is just as important as the work you do in your practice!
Miranda Beeson, MS, BSDH Bio:
Miranda Beeson has over 25 years of clinical dental hygiene, front office, practice administration, and speaking experience. She is enthusiastic about communication and loves helping others find the power that words can bring to their patient interactions and practice dynamics. As a Lead Practice Coach, she is driven to create opportunities to find value in experiences and cultivate new approaches.
Miranda graduated from Old Dominion University, and enjoys spending time with her husband, Chuck, and her children, Trent, Mallory, and Cassidy. Family time is the best time, and is often spent on a golf course, a volleyball court, or spending the day boating at the beach.
Courtney Dalton, BS, RDH Bio:
Courtney Dalton is a Lead Practice Coach who focuses on establishing a solid foundation in order for a practice to thrive. With over 15 years of experience in the dental industry, she is as passionate about patient care as she is about those who are providing it.
Christina Byrne, BS, RDH Bio:
Christina Byrne has been involved in dentistry since 1985. Over the years, she has held many positions on the dental team, including dental assistant, business office, and dental hygienist. Christina’s extensive knowledge of the front office and clinical procedures is a great asset, and she loves to impart her knowledge to guide dental teams do the best they can to achieve a Better Practice, Better Life!
Traditional annual performance reviews don't work — and there's data to show it! In this episode, Kirk Behrendt brings back Alan Twigg, president of Bent Ericksen & Associates, to share what you should know about annual performance reviews, how to rethink them, and tips for making them more effective. To learn the best ways to give feedback to your team, listen to Episode 920 of The Best Practices Show!
Learn More About Alan:
Learn More About ACT Dental:
More Helpful Links for a Better Practice & a Better Life:
Episode Resources:
Main Takeaways:
Snippets:
0:00 Introduction.
2:13 Why this is an important topic.
3:24 Team members need to know where they stand.
6:12 Gallup Q12, explained.
7:51 Don't wait for team members to come to you.
10:40 Tips on the first 90 days for new hires.
11:30 Traditional annual performance reviews aren't effective.
13:44 Tips on setting goals.
16:32 Three questions to ask when doing check-ins.
20:51 Do what works for your practice.
22:49 Tips on giving raises.
31:35 About Bent Ericksen.
Alan Twigg Bio:
Alan Twigg is the president of Bent Ericksen & Associates. For over 10 years, he has guided thousands of clients and consultants through the ever-changing world of HR and employment compliance. He is a speaker, consultant, and author who is passionate about bringing education and peace of mind to such a confusing topic.
As a strong proponent of symbiotic employer-employee relations, Alan is passionate about teamwork and positive work cultures, with an emphasis on long-term personnel retention and employment compliance, where his solutions-oriented outlook excels.
Cancellations will always happen — but there's a way to reduce and prevent them from happening! In this episode, Kirk Behrendt brings back Miranda Beeson, ACT’s director of education, to break down cancellation and no-show percentage and what you can do if you have high levels of broken appointments. Stop making it too easy to cancel! To learn the secret to getting patients to show up, listen to Episode 919 of The Best Practices Show!
Learn More About Miranda:
More Helpful Links for a Better Practice & a Better Life:
Episode Resources:
Main Takeaways:
Snippets:
0:00 Introduction.
3:15 Cancellation and no-show percentage, explained.
5:16 How this percentage impacts the practice.
7:59 What it looks like when it’s going well.
9:47 What it looks like when it’s not going well.
11:13 Learn how to track and cancel appointments in your software.
13:00 Ways to impact this metric.
19:58 Final thoughts.
Miranda Beeson, MS, BSDH Bio:
Miranda Beeson has over 25 years of clinical dental hygiene, front office, practice administration, and speaking experience. She is enthusiastic about communication and loves helping others find the power that words can bring to their patient interactions and practice dynamics. As a Lead Practice Coach, she is driven to create opportunities to find value in experiences and cultivate new approaches.
Miranda graduated from Old Dominion University, and enjoys spending time with her husband, Chuck, and her children, Trent, Mallory, and Cassidy. Family time is the best time, and is often spent on a golf course, a volleyball court, or spending the day boating at the beach.
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