Ep. 8: Inflation is Soaring! What to Do About it In Your Dental Practice

Inflation is the highest it’s been in a long time, and this is starting to have very real effects on the cost of doing business for dental practices. So in this episode, we look at the numbers and discuss what you can do to ensure you stay profitable and secure the future of your practice financially.

Topics:

1:01 – The current inflation numbers

3:20 – How this impacts your practice’s overhead

8:58 – Ways to raise your revenue without raising your costs

10:57 – What about insurance fee schedules?

Links:

BLS Inflation Statistics - https://www.bls.gov/news.release/pdf/cpi.pdf

NFIB Study - https://www.nfib.com/surveys/small-business-economic-trends/

Overhead Guidelines - https://www.mgeonline.com/overhead-materials/

Wasserman Fee Guide - https://wasserman-medical.com/product-category/dental/

Learn more about MGE – www.mgeonline.com

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