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Tune in to our latest podcast episode, “Strategies to Grow Your Practice and Reduce Overhead,” where Gary breaks down some simple but powerful ways to take your dental practice to the next level. With costs rising and inflation on the rise, staying the same isn’t an option. Gary shares practical tips to help you create a growth mindset, keep improving each year, and boost your bottom line. You’ll also get some straightforward advice on how to increase collections and hold onto more of your revenue—all without overloading your team. Don’t miss out on these valuable insights to help your practice thrive!
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Timestamps
- 00:00:27 – Introduction
- 00:00:42 – Announcements
- 00:02:50 – Marketing Tip by Ryan Davies on “The concept of scarcity be applied in the healthcare sector”
CIA Segment
- 00:09:01 – Strategies to Grow Your Practice and Reduce Your Overhead
- 00:14:28 – Two categories of expenses in a dental practice
- 00:18:19 – What the economics of growth can do for your practice
- 00:19:00 – Successfully resign from P P O plans
- 00:25:17 – What are your high value services?
Q&A Segment
- 00:27:11 – Q1 – When should I consider bringing on an associate or partner to help manage the workload, and how does this affect overhead?
- 00:37:46 – Q2 – What are some common mistakes dentists make when trying to reduce overhead, and how can I avoid them?
- 00:39:13 – Q3 – How do I evaluate whether investments in new technology will genuinely improve my practice’s profitability?
- 00:42:33 – Q4 – How do I foster a ‘growth mindset’ within my team to support practice expansion and operational efficiency?
Resources