How to Correctly Respond to a Cyber Attack

As technological advancements increase daily, our dependence on technology continues to positively correlate with this trend. Practices implement technology to streamline administrative tasks, gather patient data, organize and store patient health records, manage finances, and other tasks to maximize overall profitability.  Unfortunately, the recent influx in technology also positively correlates to an increasing concern: the growing number of cybercriminals.
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How to Reduce Workers’ Compensation Expenses

Operating a dental practice is very expensive. Many times, the expenses are associated with workers’ compensation. Below are a list of guidelines and procedures that may help a practice owner reduce workers’ compensation costs and claim exposure:

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Preventing Embezzlement

There are many opportunities for employee embezzlement to occur in a dental practice. There are, however, certain steps you can take to help prevent employee embezzlement. You must be diligent.

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Practice Procedures Manual

Before you open your dental practice (or purchase a dental practice), you must have detailed office procedures in place.

Office procedures should address administrative tasks such as:

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Risk Management

Involving staff members in the risk identification process will give you a comprehensive picture of the risks based on different people’s involvement in different areas of your practice. You may also wish to engage the services and opinions of an accountant or a lawyer.

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Dental New Hire Checklist

The single most important task that contributes to the success of a dental practice is hiring the right employee which is a process. If this is done correctly, your practice will certainly have a competitive edge. According to dental statistics on a national level, the average dental practice experiences employee turnover approximately every 18 months.

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