ameritas dentalstock market and if you hold them for a period of at least years and you let the capital gains and dividends compound now ameritas dentalby contrast the interest rate on your mortgage is most likely less than % and that means there’s enough of.
A spread between the rate at which you are borrowing money and the rate at which you are likely to receive anticipated returns you know there’s enough of a spread to justify that risk premium so mathematically speaking it makes more sense to invest your money rather .
Than pay off those loans however there is a huge psychological benefit to being mortgage free and if that’s the thing that motivates you if that’s gonna yeah the cliche is does it help you sleep more easily at night but I I would reframe
That a little bit I would ask the question does it motivate you to save more money than you otherwise would because if so then that would be the correct course of action anything that’s gonna motivate you to save more than you otherwise .
Would is going to be the winning decision because at the end of the day your contributions are the single biggest determinant of your success so I know that it’s a bit of a cliche to say do the thing that lights you up but do the thing that lights you up do pick the one that sparks joy now I’m going to give a caveat here which is that I am assuming
That you are contributing to your retirement accounts at least up to the employer match if you are not doing that do that first and if you do not have an employer match I would still put some money in your retirement accounts because saving for retirement is in.
My view it’s a non-negotiable it’s a habit that you always have no matter what year in and year out as fundamental as buying groceries and having.
I give you an example there was a doctor that I was working with that all of a sudden their collections wasn’t keeping up and I just pulled the adjustments and
I was like well your senior citizen courtesy tripled in the last two months so did you see triple the senior citizens in the last two months oh no they didn’t and and so you know if you
all you’re looking at is that the day sheet says there’s a you know five hundred dollars to deposit and you’re putting five hundred dollars in your bank you’ll never catch it yeah you’ll never catch it but if but
what what people who with bad intentions tend to do is they don’t want any attention drawn to it so the patient who bro the payment in or wrote a check to you if
they if they came in and presented the payment what the people with bad intentions do will have to make that patients balance go down because the patient w
ill come back and say hey I paid money what why why isn’t my bill gone down so they have to do that through adjustments so that’s not the only way
that people with bad intentions can can take advantage but that is a very common way and tracking adjustments is one of those due diligence things
that you have to do as a business owner you just have to do how many times I have to talk to doctors and they stick their heels in the sand say no
I don’t want to track gross it confuses me well then if it confuses you that it’s easier to confuse you around naughty behavior right potential embezzlement
so if something is confusing you and you are the owner that doesn’t mean that we eliminate the confusion bye-bye purchase by doing a behavior that is no
t healthy for the business it means you need to learn it’s an opportunity to learn and grow and understand deeper to protect yourself so correct absolutely
confusion is the confusion is the tool of the embezzler absolutely don’t be confused and you know if you have questions please post them in the chat anyone here okay let’s go on how ca
What’s the Renaissance Dental difference between all of them so Andres going to take over he has his own evil soft on his computer so he that’s how much he keeps that on Ego soft he actually plays with it at home and tries to figure things out.
Because you know the software is there to help us but many times we got to figure out the workarounds for our office so you getting it over onto your screen it’s it’s not looking technology issues.
The top but I’m just so used to the picture I’m gonna go right to reports here a couple of things that were on the list were you know the you know how to get information in smart dock one of my favorite reports honestly is the patient analysis report and quick easy way to get.
There from your keyboard if you hit P it’ll take you right down to the reports to start with P set having to scroll through it and let’s go into the patient analysis report so process this report and of course this is a fictitious practice so this isn’t not going to give you a whole lot of patience.
Renaissance Dental But what I want to look at when I look at this report and I’m going to enlarge it so we get a better idea is the number of active patients in your practice all right the number who have insurance all right and the breakdown of male-to-female.
What I always look at the in this report and again this is not a real office so this is not a real report but I want to see this breakdown be or percent of the patients are female and percent of the patients are male and immediately when I open up a report than it looks like this I can probably figure out.
That the office is entering men I mean this is gonna sound sexist but entering men as patients when they really aren’t there probably calls the olders or they’re responsible parties but aren’t patients. learn more Renaissance Dental
Ameritas Dental Network Discount plans that are available we have some very good ones so we’ll understand how they benefit your client either way so you know what would be the best fit for them so dental vision agent training greetings team pop quiz what will Medicare not pay for well for starters dental vision and hearing aids.
There are some Medicare Advantage Ameritas Dental Network plans that cover some of these in a very low benefit we are talking about the plans that are standalone plans that we add on to these areas of gaps I’m excited to share with you a couple ways to help.
Your clients at any age families and individuals get more benefits so you can add more dollars Commission’s to your bottom line and help them at the same time while you are presenting in appointments already you may as well maximize.
Ameritas Dental Network Your results through this detailed method of client education and protection we must always have our clients best interest in mind so addressing the first first dental options that we can explain in this presentation are what I like to do is to keep it simple.
There are three options to discuss with your clients regarding pain for their dental bills they’re not cheap nowadays we all know that the first option on the list will not work everywhere while I was growing up in Southern California I was to years old my mom took me and my brothers to USC dental school.
Where she had a college friend attending school there basically we had all of our work done for free or very low cost by the students there at USC I was a bit of it was a bit of a drive but worth the effort for the money we saved I remember she had some major work done.
There as well on her teeth implants or something like that many years later once I had my five little ones my children we lived too far away to do the same alas there were no dental schools near the Glendora California so I ended up paying full price for all seven of our family’s dental services on a regular basis affording dental care more detail Ameritas Dental Network
Covered at hundred percent which means that in short or the patient pays nothing additional most of the time routine cleanings like x-ray exams dental sealants it’s Azra are considered preventative there are usually timing limitations to the cleanings and sealants so.
This are different in almost every policy check on that alright and in addition I would like to outline one very important aspect of dental insurance most individuals and family dental plans have a waiting period for basic and major services group plans or employee.
Benefits plans usually don’t have a waiting period due to various reasons due to the risk of adverse selection the insurance companies can put and pose a certain a waiting period for the individual dental plans for example some contracts will not let you get any basic services in.
The first six months of the policy and you might have to wait as much as months in order to get major procedures covered there are some exceptions and I will have one of those plans in my comparison chart that I will post under this video now.
That you understand the basics of how dental insurance works let’s talk about the types of dental insurance plans which is another area that can be totally confusing and can change each time you renew your health insurance if your dental insurance is part of that plan it can change yearly and this can determine
The chin is is three millimeters dental help closed this might take a few times if they over close remember the wax is soft take it out squeeze the wax posterior and raise it up again have them go through the process Dental help if they haven’t closed enough.
You can just have them have them bite into a little harder then I have them close until then I excuse me then I take those lower anterior teeth which are one block of teeth and position them one millimeter in one .
And one millimeter vertical overlap and you could take them bodily since they’re all one piece and quickly position them in that often whacks remember you’ve moved the teeth presumably when you were characterizing it and we’ve
Now determined now determined vertical dimension of occlusion now we find the right place for those lower teeth we can now give a patient a mirror and have them look at it and give us a patient approval remember we have
Maxillary teeth that go from to I mean from to and we have lower teeth in place we have the vertical dimension of occlusion of stabilized centric relations stabilized they can now look at that denture and to my eye that looks great I
Mean that it looks characterized it doesn’t look like a denture the patient can look at it give me approval if they want to do any change is this easy for me to do I can just warm up the up maxillary cast move the teeth a little bit no
problem then I have the patient talk to me since these bases fit so well they’re usually pretty stable and they’re usually stable enough that the patient can speak
Dental Insurance The research which goes satisfied that will get put up really helps companies like Colgate lake so Palmate guide and forensic ontology abroad has a youth coach Dental Insurance or there is the whole almost continuous demand for almost.
All criminal cases in India it’s coming up and I think so it’s a perspective field where you know one can look and carve a niche for himself or herself and other than that in the academic side where can people see.
The French interior there is the stem cells which is coming up and stem cell has about scope and then to speak apparently we are using the mesquite or the primary tea that we call especially to harvest stem cells for .
Non simple research as well as a central banking okay looking forward they can have their own practice you can get into research taken of pharmaceutical companies or toothpaste manufacturing company criteria so either way .
All the equity is that conservative professors or cause they could be even private tutors or mentors where if you are good at the teaching but don’t want to get tied up with the institution you can run your own courses.
There’s a huge code reuse code which is run in dentistry once you’re in the private practice you know one of the challenges is that.
We are pretty much on our own not only in terms of the business Sulla terms of our own learning is right here on a continuous basis with new technologies now coming in .
How do you keep yourself updated with so many forums so many social groups on social media not that difficult if you are keen on getting updated there are a lot of webinars by the best in the world there are courses which you can do you can go abroad and you know just do a four day