As dentists in the State of New York are well aware, electronic prescriptions will be mandatory as of March 27, 2016. Non-electronic prescriptions submitted to a pharmacy will not be filled after the March deadline.
New York dentists account for about 8 percent of all dentists practicing in the United States; the total number of dentists in the state is second only to California. With such a large number of dental professionals affected by this mandate, it’s relevant to consider how electronic prescribing fits into a dental practice, no matter where it’s located. Continue reading
If you have been waiting to purchase new digital equipment for your practice, now may the time to act. While panoramic imaging systems, CBCT, intraoral sensors, and CAD/CAM technology all pay for themselves thanks to improved communication and case acceptance, buying your equipment before the end of the year can also provide a number of tax benefits for you as a small business owner. *
The federal government has enacted tax deductions to help small businesses purchase capital equipment and spur economic growth. With Section 179, dental practice owners can write off a certain amount of their purchases upfront, rather than depreciating it over the useful life of the asset. However, this number is subject to change on an annual basis; in fact, as with last year, it was supposed to decrease to just $25,000. Fortunately, a bill calling for a one-year extension on the $500,000 write off was just passed. To ensure that you lock in the best deduction, you may want to look into purchasing your equipment this year, as this amount may decrease in 2015. Continue reading
As the owner of Prosperident, a dental embezzlement investigation firm, I understand the importance of security for dental practices. One solution that practices may consider when protecting their patient and business information is switching from server-based to cloud-hosted dental practice management software.
Dental practices deal with highly sensitive data that is protected by HIPPA, and this should be a consideration when choosing your dental practice management software. Storing your important files in the cloud provides a number of security benefits, including:
- reducing the risk of server hacks
- preventing the need to back up data externally
- making it easier to perform discreet embezzlement investigation
- ensuring that software is always up to date
- improving network security
Happy Friday roundup readers, we hope you had a great Thanksgiving holiday with family and friends. This week we have a great infographic that details the history of braces, which dates back all the way to the ancient Egyptians. Next up we have two great articles about the dangers of overbleaching and the dangers of a free dentist website service. Our final article for the week is an informational article on the four reasons your practice’s schedule is a mess. Take some time out of your busy week and catch up on some of trending dental news this week. We would love to hear what you think!
The History of Braces
Ever wonder where the concept of braces first started? You might be surprised! It turns out that braces actually started more than four centuries ago in 1600 BC in ancient Egypt. According to archaeologists, mummies were discovered with a cord made from animal intestine wrapped around their teeth like modern orthodontic wire. To learn more about the braces lineage, take a look at this great infographic! Continue reading