The Dental Economist Show

🚴 The dental industry is experiencing an exciting transformation, particularly in Revenue Cycle Management (RCM). In the last 18 months, innovative companies have emerged, focusing on the standardization of data and enhancing operational efficiency. 🧱 This commitment to providing a robust operating system and platform is all about empowering dental practices. By integrating cutting-edge RCM solutions, dental offices can streamline their operations and unlock valuable insights to optimize their workflow. Dive deeper into this topic by tuning into the latest episode of The Dental Economist Show, where Eric Giesecke, the CEO of Planet DDS, discusses how embracing these advancements can elevate practice management and improve patient care. You can tune in here: 👉 Apple -   https://apple.co/48qBArj 👉 Spotify - https://spoti.fi/48vKzHV 👉 YouTube - https://bit.ly/4hoLYUz #DentalBusiness #DentalGroup #TheDentalEconomistShow

Eric Giesecke: “I think AI is going to continue to be super interesting. And us as the system of record or practice management software, I think can help deliver some of the results of that in ways that people adopt more quickly. I think that'll be a trend you'll continue to see evolve and become more standardized, as opposed to, “Hey, like, what is AI? And let me try it out. And this is cool”. I think it's going to become more part of the workflow. And I think, as more patients start to get used to AI, it's gonna potentially over time be part of a traditional patient experience.” 🖥️ The future of AI in dentistry is bright, with the potential to seamlessly integrate into practice management and patient experiences. 🔧 As AI technology matures, it’s becoming less of a novelty and more of a standard tool that enhances workflows and drives efficiency. Eric Giesecke, the CEO of Planet DDS, believes that as patients become more accustomed to AI, its role in traditional patient experiences is set to evolve significantly. To hear more from Eric, tune into the latest episode of The Dental Economist Show, where he joins host Mike Huffaker for a fascinating conversation. You can tune in here: 👉 Apple -   https://apple.co/48qBArj 👉 Spotify - https://spoti.fi/48vKzHV 👉 YouTube - https://bit.ly/4hoLYUz #DentalBusiness #DentalGroup #TheDentalEconomistShow

📈 As companies scale, the role of a CEO evolves significantly. The focus shifts from hands-on execution to strategic alignment and effective communication. It’s essential for leaders to recognize the importance of delegation, allowing talented team members to take the reins and drive results. 🧠 This shift not only empowers employees but also enables the CEO to concentrate on high-level strategy. In the latest episode of The Dental Economist Show, Eric Giesecke, the CEO of Planet DDS, shares insights on this critical transition and reflects on the balance between control and trust within an expanding organization. You can tune in here: 👉 Apple -   https://apple.co/48qBArj 👉 Spotify - https://spoti.fi/48vKzHV 👉 YouTube - https://bit.ly/4hoLYUz #DentalBusiness #DentalGroup #TheDentalEconomistShow

💥 As AI evolves from a buzzword to a standard tool, dental practices that embrace this technology will not only enhance efficiency but also elevate the patient experience. ⚙️ Eric Giesecke, the CEO of Planet DDS, believes that practice management software can facilitate quicker adoption of AI solutions by integrating them seamlessly into dental practices. With more patients becoming accustomed to AI, it's crucial for dental professionals to understand its potential impact on traditional patient interactions. To discover more about leveraging AI to streamline operations and improve patient care, tune into the upcoming episode of The Dental Economist Show on the 31st of October, where Eric joins Mike Huffaker for a wide-ranging chat. See you on the 31st! 

💸 Is your P&L truly optimized, or are you just seeing money fall to the bottom line? In the latest episode of The Dental Economist Show, Demias Pegues, CEO at Key Dental Management Solutions, challenges business leaders to dig deeper into their financials. It's not just about profit—it's about running your business in line with industry standards. 📊 If you're lagging behind, it's time to understand why and address those gaps. Tune in now for practical strategies to optimize your P&L and elevate your business. 👉 Apple -   https://apple.co/3A1t1GP 👉 Spotify - https://spoti.fi/4eSGHD5 👉 YouTube - https://bit.ly/48hI0cj #DentalBusiness #DentalGroup #TheDentalEconomistShow

Demias Pegues: “You can visualize your patient funnel this way. For every 100 patients that call you, how often do you answer the phone? And I think if you would ask for my business folks out there, doctor owners, fellow CEOs. Go research that number and determine what it is. Generally, if you were just to walk up to someone and ask that, they would say, “well, we answer the phone 95% of the time, et cetera. The truth of the matter is most organizations answer the phone 60 to 70% of the time. So, when you think about organic growth and an immediate opportunity to grow your business, answer the phone a lot more than what you do.” 🚗 Want a simple yet powerful way to drive organic growth? Answer the phone. Demias Pegues, CEO at Key Dental Management Solutions, highlights a critical gap many businesses overlook—how often their phones actually get answered. While many assume it's around 95%, the reality is often closer to 60-70%. This small but crucial metric can make a massive difference. 📞 For practice owners and CEOs looking to boost revenue, improving patient call response rates is a fast, actionable step toward growth. Want to dive deeper into optimizing your patient funnel? Listen to the latest episode of The Dental Economist Show, where Demias joins host Mike Huffaker for a fascinating chat. You can tune in here: 👉 Apple -   https://apple.co/3A1t1GP 👉 Spotify - https://spoti.fi/4eSGHD5 👉 YouTube - https://bit.ly/48hI0cj #DentalBusiness #DentalGroup #TheDentalEconomistShow

📈 To scale a business effectively, it's essential to focus on two key areas: maximizing revenue from your existing client base and driving profitability. Demias Pegues, CEO of Key Dental Management Solutions, and his team achieved both through strategic optimizations. ⬆️ First, they refined their patient funnel, ensuring smoother operations and more conversions. Then, they honed their P&L to increase overall profitability—two distinct yet complementary approaches that every business can benefit from. To learn more actionable insights on improving both revenue and profit, tune into the latest episode of The Dental Economist Show, where Demias joins host Mike Huffaker. You can tune in here: 👉 Apple -   https://apple.co/3A1t1GP 👉 Spotify - https://spoti.fi/4eSGHD5 👉 YouTube - https://bit.ly/48hI0cj #DentalBusiness #DentalGroup #TheDentalEconomistShow

☎️ Many businesses believe they’re picking up 95% of incoming calls, but the reality is closer to 60-70%. That’s a huge gap in potential revenue! Demias Pegues, CEO at Key Dental Management Solutions, offers a quick but powerful tip: ❓ Take a close look at your patient funnel. How often are your calls going unanswered? Research that number—it might surprise you. Demias joins the latest episode of The Dental Economist Show to break down how this overlooked opportunity can be a game changer for your business, and much, much more! The episode lands on October the 24th, to tune in then for actionable strategies that can optimize your dental business. See you on the 24th! 

⚙️ Incorporating sleep apnea treatments into dental practices can be a game-changer, not just for patients, but for the entire practice team. Indeed, Dr. Dar Radfar, owner of 805 Dentistry and CEO at Rad Health Inc., recommends experiencing the journey yourself. Conduct a home sleep test, fit an oral appliance, and observe the impact firsthand. This practical approach can foster empathy and understanding within the team, especially since 46% of depressed patients struggle with sleep apnea. ✅ Witnessing the improvement in mental health can be a powerful motivator for dental professionals to embrace these solutions in their practice. To learn more about sleep apnea and dentistry, tune into the latest episode of The Dental Economist Show, where Dr. Rad joins host Mike Huffaker for a fascinating conversation.  You can tune in here: 👉 Apple -  https://apple.co/3Ypss2G 👉 Spotify -  https://spoti.fi/3YakObl 👉 YouTube -  https://bit.ly/4dSywW6 #DentalBusiness #DentalGroup #TheDentalEconomistShow

Dr. Rad: “Any DSO that's listening, when you add sleep to your practice, you put yourself in a different platform of a dental group. Now you're treating in a more holistic, total health aspect dentistry that will bring up your general dentistry. By definition, when you internally market within your office, let's say you have a thousand active patients, you internally email market, “we now treat sleep apnea and snoring. If you or your loved one are suffering from this, come in for a complimentary consult or bring it up at your next appointment”, Boom! Right then and there you set yourself apart from any other DSO or any other dental practice down the street that you're doing a little bit of a different kind of approach to total health and care for your patient.” 😴 Adding sleep apnea treatment to a dental practice isn’t just about offering a new service—it’s about transforming the entire approach to patient care. Dental Service Organizations (DSOs) that embrace sleep solutions take a step toward a more holistic, total-health model of dentistry. 📈 This not only enhances patient outcomes but also elevates general dental services. Effective internal marketing is key. Dr. Dar Radfar, owner of 805 Dentistry and CEO at Rad Health Inc., says that by reaching out to your existing patient base with a simple email—“We now treat sleep apnea and snoring, schedule a complimentary consult”—you immediately set your practice apart from the competition. For more insights from Dr. Rad, make sure to tune into the new episode of The Dental Economist Show. You can tune in here: 👉 Apple -  https://apple.co/3Ypss2G 👉 Spotify -  https://spoti.fi/3YakObl 👉 YouTube -  https://bit.ly/4dSywW6 #DentalBusiness #DentalGroup #TheDentalEconomistShow