Blog - OMNI Practice Group

by omniadminAugust 5, 2020 Buyer Articles, Buying a Practice, COVID-190 comments

The Cost of a “Perfect” Practice in the COVID Era

By Corey Young, DDS, MBA, ABI Should you buy now in this COVID environment? Everything seems kind of scary. It might be better to stay with that nice, safe, secure job and wait for the perfect opportunity to come along? That said, there are a lot of practices coming on the market. Maybe now is the perfect time to buy? Let us look at two hypothetical practices and see where you would be in ten...

What You Need to Know Before Buying a Dental Practice

By Kevin Brady, OMNI Practice Group Your dental practice will most likely be the most expensive purchase you will ever make. It is a considerable investment, not only financially, but as an investment in your family’s future. Ensuring that you are looking at the right metrics will ensure that you are not setting yourself up for failure before you even step foot in the practice. Learning about...

The 4 P’s of Your Dental Practice: Performance, Productivity, Profitability, and Patients

By Kevin Brady, OMNI Practice Group All dentists want a practice with high performance, productivity, and profitability. These three P’s represent the standard by which successful dental practices are measured. There is, however, another “P” that many dentists forget, which is arguably the most important – Patients. Happy patients lead to positive outcomes and accelerate the other Ps....

Scheduling After Covid

By Megan Urban, OMNI Practice Group You are probably tired of thinking and talking about LAC, or Life After COVID, but it is coming ready or not. Here are some simple ideas that can make “re-entry” into your dental practice safe and smooth for you, your staff, and your patients. These are not necessarily new concepts, but they are not typically practiced in most offices and it is time to...

Effectively Managing and Maximizing the Value of your Practice

By Kevin Brady, OMNI Practice Group Dental Practice owners know, there’s a lot more to running the business than treating patients. Owners are responsible for hiring and managing staff, billing patients and insurance companies, handling accounts payable and receivable, and becoming proficient on dental software to operate the practice. All these duties have a negative impact on both the...