““We change the world with technology” -Bill Gates
In the U.S., the retail industry lost 29,700 jobs in the month of March, following a 30,900 loss in February according to the Bureau of Labor and Statistics. The largest decline came from general merchandise stores and big box retailers. Roughly 3,500 stores are ready to close over the next few months with the retail giants like Macy’s and JCPenny shuttering numerous locations. These jobs will never be recoverable. All because of ‘point and click’ beats the hell out of getting in your car, fighting traffic, finding parking, paying retail prices, and losing an entire half day for something that would have taken you less than 30-seconds to buy on the internet. Technology changes everything. You take out your cell phone. A minicomputer that can make phone calls as well as thousands of other functions or connect to the Internet - from nearly anywhere on the planet, at any time. This technology has changed the way you live your life. Technology changes everything. The battle of finding employees and associates, the time spent, the money spent, the mistakes made in hiring, are disappearing. When you are seeking employees, associates or independent contractor dentists, you can go to https://www.clouddentistry.com/?invite=wp Technology changes everything. Yet, when I speak with dentists, and tell them that robotics, artificial intelligence, and IT platforms that diagnose and treatment plan are eminent, they respond with disbelief. “That’s the dentist’s job. No one knows better than a dentist. That’s what we are trained to do. I don’t want a computer telling me what to do. I don’t want a robot doing dentistry.” Technology changes everything. Use of these new technologies will change the way dentistry is done - period. Dentistry as we know it will be totally altered. Integrated with the electronic patient records, presenting accurate diagnoses with their very specific codes, and evidence-based treatment plans, all in an instant...are you kidding me. Technology changes everything.
“Information technology is at the core of how you do your business and how your business model itself evolves.” - Satya Nadella
Solo practices won’t be able to adapt in a speedy enough fashion to new technologies. They also won’t be able to afford it. Solo practices are already overwhelmed and overworked just to stay viable. Whereas managed group practices have a much greater capacity to embody future technologies. And that’s one reason why managed group practices will continue to take more and more market share. The Mastery SUMMIT is about the future and some of these technologies which will totally alter the way dentistry is delivered and dentistry is paid for. My recommendation is you thoughtfully consider being there. Better to meet the future than have it run you over.
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