The Explorer Winter 2018 Spring Final | Page 5

7 WAYS TO COMPETE WITH DENTAL SERVICE ORGANIZATIONS By Los Angeles Dental Society Support There has been a lot of concern among practice owners about how Dental Service Organizations (DSO) are affecting dentistry as a whole. Indeed, we are already seeing some of its effects in patient behavior. Rather than fighting the existence of DSOs however, there are things you can do to make your practice the right choice for patients. 1. Live your brand. Know what you stand for, and make that your primary message in all your marketing. Get clear about your message and your design in order to stay consistent across all communications. This makes your practice easy to remember and simple to refer. Dental Service Organizations (DSOs) invest heavily in brand recognition so that they are top of mind when a dental need arises. In order to thrive in today’s competitive world, you need to do the same. 2. Offer top-notch service. In dentistry, great service starts with giving your patients your time, attention, and care. DSOs are built to see droves of patients and offer special deals to get them in and out as quickly as possible. For better or for worse, dentistry cannot be done online or from a distance. It has to be experienced. What your patients experience when they visit you is one of the cornerstones of whether your practice will struggle or succeed. 3. Build a great team. A great team promotes your practice, sells your dental care, and creates long-lasting relationships with your patients – relationships that they can't find at another practice. By investing in your staff, providing a great Los Angeles Dental Society Explorer work environment, offering competitive wages and advanced training, you can create a great team. Here, you are at an advantage. DSOs are always hiring because staff members often don't stay for very long. Your practice stands out because your team is loyal. (Head over to the April 16 Practice Management Bootcamp for tips on developing a proactive team.) Create systems and structures. Gone are the days of winging it when it comes to the business side of dentistry. DSOs have patient intake systems, revenue cycle management systems, structures for human resources, and more. The more you can automate the business side of your practice, the better equipped you will be to evolve as the landscape continues to change. And, most importantly, the better focused you can be on the clinical side of your practice. 4. 5. Market your practice. DSOs are everywhere: on the radio, television, billboards and internet. Similarly, the only way to sustain you practice in this day and age is to regularly promote it across the medium or media that most captures its target and ideal audience. Do your research to find out who your ideal patients are and what the most effective media is to reach them, and deploy a plan to promote your practice to the public. Reap group benefits. DSOs aren’t the only ones that are getting group benefits anymore. The Dentists Service Company (TDSC) Marketplace is an online store where CDA members can purchase dental supplies for an average of 20% savings compared to supplies purchased elsewhere. That’s a potential savings of nearly $17,000 a year. Visit www.tdsc/marketplace to start saving. 6. 7. People before profit. While DSOs will never outrightly say this, by nature of their structure, they put profits before people. When people come first, good things always come of it. Put your team before your patients, and you can trust that your patients will get the best patient care possible. Put your patients before yourself, and your reputation and practice will naturally thrive. But, of course, we don’t need to tell you this! 䡲