Dentistry demands a unique blend of skills few other professions can touch. You’ve got to have the technical knowledge to treat a wide variety of hard and soft tissue problems. You need business savvy, leadership skills, and significant manual dexterity. There are so many moving pieces to running a dental practice, and many dentists spend the bulk of their day doing everything but dentistry! Times are changing, and dental practices are getting harder to run. CDP can help keep things moving smoothly, allowing you to focus on your patients!
How Has Running a Dental Practice Become Harder?
Running a dental practice has always been challenging. However, in the past few decades—even the past few years—running a dental practice has become harder than ever. Constantly changing laws make it more difficult to stay compliant and maintain your license, dental school costs have skyrocketed, and inconsistent patient volumes can make it hard to keep the lights on.
By partnering with CDP, you can relieve yourself of many of the constant worries that keep dentists up at night. Sometimes, that’s the big things like keeping your productivity up, managing complex cases, and navigating interpersonal challenges within your team. Nothing can bring the perfect day crashing down like conflict in your team. Fortunately for CDP dentists, our HR specialists are here to handle hiring, firing, and support excellent team dynamics.
Staffing Shortage Solutions
Building a solid team can be a unique challenge for dentists. Lately, many dentists need help finding enough hygienists and assistants to fill available positions! Staffing shortages hit our industry hard after COVID-19, and many dentists still need to fill open positions. Because of our unique business structure, CDP can attract fantastic talent, from doctors to assistants and hygienists. That means you’ll always have a solid team beside you, helping deliver high-quality care to every patient.
Enjoy an Organized, State-of-the-Art Practice Without Risking Your Finances
However, even the best team won’t get far in a practice that is not set up for success. We’ve become specialists in creating organizational systems to keep each of our practices running smoothly. Effective organization within your practice helps prevent problems like ordering materials and maintaining equipment.
That equipment can be another huge source of headaches for dentists. Dental technology has advanced by leaps and bounds in the past several years, and that rate of improvement shows no signs of stopping. While we’re all grateful for the improvements in precision and predictably successful outcomes for our treatments, all that new technology can add up. Running a successful dental practice these days usually means lots of overhead in advanced technology. For a solo practitioner, deciding what new treatment modalities to incorporate into your practice can be a serious challenge. You’ve got to stay competitive but can’t afford to take too much risk on expensive equipment that may or may not bring in enough business to make it worth the investment.
Equipping and maintaining your practice should empower you to deliver exceptional treatments to your patients, not give you extra stress. With CDP, you’ll benefit from working in a state-of-the-art practice without the financial risks of a private practice.
Make Practicing Dentistry Profitable
Speaking of financial risks, we’re sure you’re already feeling the squeeze with the skyrocketing costs of dental school. More than ever, the cost of entry into our field has become significant and can sometimes make running a successful practice while paying off your loans complicated. CDP supports our dentists with outstanding salaries and benefits to help pay off those student loans. We also provide ongoing continuing education credits. Paying off your degree and maintaining your license shouldn’t keep you from enjoying your dental career!
Balancing the Business Side With Your Passion for Dentistry
Wearing all these hats—team leader, business owner, medical professional, and so on—can distract you from entirely focusing on your patients and delivering the quality of care you want. Relieving you of the burden of administrative work involved in running your practice frees valuable hours, energy, and focus so you can sustain a healthy business while investing yourself fully in delivering excellent dental healthcare.
Most, if not all, dentists will face times when they can’t keep their schedules full. Patients may avoid dental visits due to economic pressures like recessions and inflation or social pressures like disease outbreaks. (Sound familiar?) Fluctuations in patient volume are part of the dentistry game and can become a severe stressor. For those who choose to fly solo, low patient volume impacts your bottom line, your take-home pay, and the health of your practice. Fortunately, CDP can help ensure your patient volume stays consistent so you can stay busy doing what you love.
Build the Career You Want
Offloading your administrative burden is about more than protecting your income. Dentists who choose the DSO route can enjoy lower stress, better focus, and improved work-life balance. Too often, practice owners working without the support of a team like CDP take their work home. Worrying about your practice can make enjoying your time at home challenging. The drive to check on your team takes away from your vacation and can seriously impact your relationships with family and friends. Leaving the business side of things to us means you can be fully present at home, giving you a chance to build a career that serves your life rather than vice versa.
CDP Can Give You More Options for How You Practice
Partnering with CDP can enhance your opportunities to build a career you’ll love in more ways than just helping you find balance. Because of our business structure, you’ll have more opportunities to decide how you want to practice. Unlike solo practice owners, you’ll have plenty of flexibility when determining your path. With part-time, full-time, and travel positions, you can build a schedule that works best for you. Our ownership track is an excellent option for doctors who hope to become practice owners. We also offer pathways for those who wish to move from an ownership position into an associate role. No matter what goals you have, we can help you achieve them!
Although running a dental practice has become more challenging, you don’t have to go it alone. Schedule a call with a Hiring Manager to learn more about a great dental career with CDP!
