November 2014 WDA Journal

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In Legislation

Advocate...Educate...Empower...Serve!

Fall/winter 2014 WDA Tongue ‘n’ Cheek ... and Teeth, too! patient newsletter inserted in this issue. Learn more on page 16

NOVEMBER 2014 | Focus on: Trends in Dentistry

INSIDE THIS ISSUE

Buyer’s market: Trends in practice sales and acquisitions

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p. 8

Emily Bultman, CDE WDA Communications Coordinator ebultman@wda.org

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Dealing with unsolicited merchandise ..................................... p. 6 WDA Pyramid of Pride award recipients ................................... p. 10

WDA Foundation golf outing raises $12,000 and awareness ................................... p. 11

The definition of a trend is a general direction in which something is developing or changing. In dentistry, there are several emerging trends that may have significant effects on the profession. To gain a better understanding, the Wisconsin Dental Association asked five practice transition consulting companies to provide a brief overview of what market trends they have recently seen. Below are their responses:

AFTCO

One trend we continue to see in dentistry is the influence insurance companies’ have over where patients go for treatment. They manipulate the system and encourage dentists to give steep discounts from their usual and

customary fees plus an agreement not to bill the patients for the differential. Policy holders should be paid for services provided and dentists should be able to bill patients at their fee schedule prices. Ironically, this could mean feefor-service patients would pay for their services and not help subsidize work done on other patients Dentists have all the power because they have the license, but they are out negotiated. Dentists cannot collude with other dentists and make a planned and organized effort to take on insurance companies. However, independently they could withdraw from insurance plans if desired. Another trend we see is large group dental offices gaining a stronger foothold in the future.

WDA grows with eight new members

The Wisconsin Dental Association advances the interests of its members and the dental profession by promoting professional excellence and quality oral health care for the public.

Mission Statement:

The Wisconsin Dental Association is pleased to welcome 8 new members to organized dentistry. These new members, their cities of practice and/or residence or components (if applicable) are: Dr. Luis Almeida, Milwaukee Greater Milwaukee Dental Association Dr. Tara Ferris, Manitowoc Manitowoc Calumet County Dental Society Dr. David Jadin, Appleton Outagamie County Dental Society

Dr. Laniel Razdolsky, Beloit Rock County Dental Society Dr. Kimberly Rybicki, Milwaukee Greater Milwaukee Dental Association Dr. Derek Schmidt, Waukesha Waukesha County Dental Society

Connect with us on WDA J ournal

is a publication of

Nondentists come into the organization and attempt to direct the dentistry with regard to profitability rather than with regard to the needs of the patient. It takes a strong individual to stand up to the organization and hold your ground against the source of your next paycheck. Some dentists are not comfortable or equipped to be practice owners and have better lives working for someone else. At the same time, it is still their responsibility to ensure work is getting done and patients are cared for appropriately. All the pieces are in place for dentists to govern what happens in this industry. Maybe this is a like “boiling frog syndrome” when a frog is placed in pot of lukewarm water and the heat is gradually turned up. continued on page 8

Highlight

Dr. Jennifer Sinnen, Milwaukee Greater Milwaukee Dental Association Dr. Matthew Welch, Merrill Central Wisconsin Dental Society

WDA member and pediatric dentist Dr. Heidi Eggers-Ulve (Green Bay) was a guest on WFRV-TV’s “Local 5 Live” on Aug. 27, 2014. Dr. Eggers-Ulve shared information about why baby teeth matter and the impact dental disease can have on a child’s emotional and physical well-being and educational development.

and visit us online @ WDA.org

W isconsin D ental A ssociation , I nc .

NOVEMBER 2014 • Volume 90, No. 11


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