JRA works closely with dozens of vendors in the healthcare industry and it’s our goal to provide you with the value throughout your career regardless of what stages you are in. If we don’t have solutions we will find someone who does, we encourage you to use our network trusted professional to optimize your practice goals.
Demographics
One of the most important factors in researching site locations is determining the number of dentists in the area, income per household, and target patient age. Likewise, it’s important to discuss marketing tactics and the most efficient ways to market to your potential patient base. The initial reports and consultation provided by these resources are provided on a complimentary basis.
Banking/Lending
It’s important to select a bank that specializes in dentistry/healthcare. They will understand the unique considerations and can set realistic expectations. It is imperative for you to understand what banks require for acquisition & start-up loans related to your practices. The lender will also offer a second set of eyes to re-verify your decision making to see what they think of your existing debt and how much they are willing to loan you. Those are critical components you will want to understand so you can adequately prepare. We have developed strong relationships with some of the top lenders in dentistry and understand the financing process.
Builder
Designing and building your new office is one of the most important steps in the process of starting or relocating your practice. Many factors must be taken into consideration when selecting a contractor including: experience, timeline, and pricing to name a few. JRA will guide you to trusted industry leaders who can get the job done right!
Credentialing
As a healthcare provider, there are some steps you need to take with each insurance carrier to ensure that you are providing the best coverage for every one of your patients. This means that your licensure, certifications, and overall practice history must be accurately documented, reviewed, approved, and the final dental insurance credentialing issued.
Attorney
An experienced dental attorney will have in-depth knowledge of the dental industry and will focus his or her practice on helping dentists protect their licenses, preserve and advance their careers, and grow their businesses within this heavily regulated industry. A good dental attorney will also understand the various nuances involved in writing, reviewing, and negotiating things like: dental partnership agreements, practice purchase agreements, non-compete provisions, space sharing agreements, dental office leases, dental associate contracts, employment contracts, vendor contracts, shareholder and partnership agreements, and buy-in/buy-out agreements.
Equipment & Supply
Before purchasing any equipment, it is crucial to conduct thorough research to determine what other practices are using and understand the latest products in the market. There are many types of products available. Some that perform the same functions while others are more advanced.
In short, the objective is to secure state-of-the-art equipment while staying within your operating budget. With this in mind, it is necessary to shop around and compare prices before making any purchases. While certain types of equipment can be expensive, this is also an investment in the future of your practice.
Marketing
In the digital age, to take your practice to the next level, a dental practice marketing campaign should include Search Engine Optimization, Pay Per Click marketing, and Click Thru optimized website design specific to the dental market. We have resources that have industry-leading tracking and reporting and can effectively maximize the ROI for your digital marketing budget.
The patients are often the biggest underutilized marketing resource a dental practice has. JRA has contacts with a premier company that utilizes exceptional products integrated with an internal referral campaign to help expand your patient base and reward existing patients for their loyalty!
Consulting
There are times you need a consultant to improve one or more aspects of the practice. Marketing, website development, new patient flow, office systems, billing, case presentation, office construction, and new equipment needs are just some of the areas where the advice of an outside consultant can be critical. Hygiene consultants and consultants who focus solely on a specific dental specialty can often be warranted.