We're receiving a number of calls regarding employees testing positive for COVID19 or having symptoms. This podcast with Cary Smith and Kara Kelley provides guidance on the process doctor owners should follow to give time off and the process for healthcare workers to return to work. 

Topics Covered

• Obligations to grant time off with pay under the EFMLA
• Process for healthcare workers to return to work: test based or symptom based approaches. 
• Establish and communicate your leave policy now. 

In this episode Cary Smith and Kara Kelley discuss the response plan when your employee tests positive for COVID-19. Our discussion focuses on managing the risk through preparedness of your process. 

We are joined by Austin Wheeler and Dylan Macon from Practice Real Estate Group to discuss the current state of startups in dentistry. 

• Should I start a new practice?
• Has the real estate market changed?
• When is the right time to start looking for a new location?
• What does the process look like?

We answer these questions and more in our conversation with our friends at Practice Real Estate Group. 

This conversation with Kara Kelley focuses on the most important, and sometimes overlooked aspect of your success...people engagement people.  In this episode targeted towards new doctors that are thinking about opening a practice or have recently opened a practice we break down 10 drivers fo employee engagement, how engagement impacts retention, healthcare service quality, and risk management success. 

Possibly the toughest position to be in as a business owner

• Shutdown orders are made
• Income falls off of the table
• Employees are let go
• Loads of financial obligations
• An uncertain future to be sure

Now that we have several weeks of closure

New guidelines from CDC, OSHA, and PPE supplies are catching up to massive demand

States and offices opening over time.

One thing I’m seeing is two themes coming from my dentists over in the Dentist Secure side of the house. We also discuss 5 Lessons you might lean on as you move forward with your new practice. 

Should I sell? Am I losing practice value? What can I do to retain value in my practice?

We meet up with Steve Hipson and Matthew Howard to discuss the impact of COVID-19 on your practice's value, how the shutdown impacts the market for buyers, and what you can do to ensure you get a fair value for your practice. 

In the work we do, risk management, I’ve always said that the result of unmanaged risk is loss of practice value. Usually the causes of risk are mostly known, can be mostly managed, and thus we can preserve practice value.

There are many potential risks that a business can face, and each risk requires a specific set of risk management strategies. In this case, environmental risk such as a pandemic, could not be planned for or managed at the practice level.

However, moving forward we have to adopt a risk management mindset so we can begin the process of preparing our practice for sale. There’s a lot of work to be done here so more conversations will be had.

So what’s changed with this pandemic and economic shut down and how will this impact your practice’s value?  I think there are a number of items that we should consider.

Cary meets up with famed Dr. Amy Jackson of South Texas Orthodontics to see how she's been handling the reopening process, leadership thoughts on bringing the practice into compliance, and information on her new retainer program for orthodontists. 

When crazy times call for sane measures, the plan falls to the leader of the practice. Often we can feel alone and unequipped to face the challenges. Max gives a short but powerful message on moving into this time and guiding your practice through it. 

In this lively conversation Cary and Max discuss his opening process and what he experienced as a practice owner.  This is a great message for practices that are working through the process to get back open.