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In today’s episode, we’re joined by Dr. Paul Etchison, DDS, who shares his transformative journey from establishing a practice in 2012 to eventually selling to a DSO. We delve into Dr. Paul’s background, explore team dynamics and retention strategies, and ponder whether a high-end practice necessitates a smaller scale. They also discuss the complexities of navigating PPOs and the possibilities of transitioning away from them!
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Timestamps
- 00:00:24 – Episode Intro
- 00:02:22 – About Dr. Paul’s background
- 00:07:42 – Team members and retention
- 00:12:48 – Does a high-end practice must be small?
- 00:19:50 – Modeling relationship-driven practice
- 00:24:44 – The importance of slowing down to go fast
- 00:27:57 – The challenges of PPO contracts
- 00:32:27 – Can you successfully drop PPOs?
Amazon Link to Purchase Paul’s Book: Dental Practice Hero; From Ordinary Practice to Extraordinary Experience http://bit.ly/DentalPracticeHero
Paul’s Email address: dentalpracticeheros@gmail.com
Resources
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!