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3 Tips For Making Difficult Technology Decisions For Your Dental Practice

3 Tips For Making Difficult Technology Decisions For Your Dental Practice
by John Cranham, DDS, PC

Purchasing new technology can feel as intoxicating as driving a flashy new sports car, and make your practice feel like it’s ahead of the curve. But it’s a decision that should be made with a business-first mindset, not because it’s flashy and interesting.

Bringing a new technology, technique, or material into your dental office should have a positive effect. It can increase the predictability and efficiency of the procedure and result in a profitable outcome, as long as you’re charging an appropriate fee.

I use the acronym PEP, which stands for predictability, efficiency, and profitability, to assess any significant technology purchases. Generally speaking, the procedures that incorporate PEP will also be the procedures that our practice is good at and that are fun for us to do.

Three tips for selecting technology

Asking a set of simple questions, born out of PEP, when making new technology purchases will ensure your decisions are made for the right reasons. Use them to select the technology that best fits your practice model and environment.

Read full article on Dentistry iQ.