Episode 63

Best Ways to Cut Costs with Todd Odasz

Host: Gary Takacs | Published Date: March 6, 2013 | Listening Time: 00:37:23

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Today we have two guests on the Thriving Dentist Show,  Todd Odasz and Ken Handy from Merchant Preferred Processing Network to help you reduce your costs on an overhead line item expense that is a mystery for most Dentists.

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This episode will help you learn how you can save considerable money each year on an often overlooked expense.

Growth is critical in a thriving practice because increased income helps reduce the cost of your fixed expenses. This has become even more important as your expenditure continues to rise.

 It is becoming challenging to control expenses, as evidenced by a recent report citing the average dental practice overhead at 74%. Gary has defined success as overhead no higher than 60% and ideally 50%. The only way this is going to happen today is by keeping one eye on your expenses! Tune in to this insightful episode to learn the best ways to cut your cost!

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Resources

Green Dental Conference
The first Green Dental Conference sponsored by the Eco-Dentistry Association May 3-4, 2013 in Sundance, Utah. Gary will be one of the featured speakers along with a host of other outstanding speakers.

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Gary Takacs

Gary Takacs Gary became a successful practice owner by purchasing a fixer-upper practice and developing it into a world-class dental practice. He is passionate about sharing his hard-earned insights and experiences with dental practices across the globe.

As a dental practice coach, Gary provides guidance for dental professionals on how to create a healthier practice style that lets them deliver excellent patient care while reducing depending on insurance.

More importantly, Gary’s insights are not just based on theory – as a co-owner of a dental practice, he has first-hand experience in making this transformation from a high-volume and low-fee insurance model to a fee-for-service approach that is more sustainable and promotes a patient-centric and financially healthy dental practice, and he is dedicated to sharing this knowledge with other dental practitioners via the popular Thriving Dentist Show!
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