Ep. 25: Getting & Staying Profitable in the 2020s
Dental Business RX
English - March 07, 2022 10:00 - 42 minutes - 39 MB - ★★★★★ - 22 ratingsManagement Business dentistry dental dentalbusiness dentalconsultant dentalconsulting dentaleconomics dentalmanagement dentalmarketing dentalpractice dentaltown Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Ep. 24: Multiple Practices – The Do’s and Don’ts
Next Episode: Ep. 26: Is It Time to Raise Your Fees?
With the rising costs of doing business, it’s going to be more important than ever to keep a sharp eye on profitability in the coming years. So in this week’s episode, Sabri Blumberg joins Jeff to discuss recent trends in the economic landscape of dentistry and ways to improve profitability going forward.
2:00 – Shifting the focus from total collections to the profit margin
12:35 – Assessing your practice’s overhead
22:58 – Taking a fresh look at your fee schedule and insurance participation
29:25 – Getting the most out of the things you’re already paying for
34:22 – Being smarter about how you spend money
Download the Overhead Worksheet - https://www.mgeonline.com/overhead-materials
Learn more about MGE - https://www.mgeonline.com