Ep. 25: Getting & Staying Profitable in the 2020s

 

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.

Topics:

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

Links:

Download the Overhead Worksheet - https://www.mgeonline.com/overhead-materials 

Learn more about MGE - https://www.mgeonline.com

  

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Ep. 26: Is It Time to Raise Your Fees?

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Ep. 24: Multiple Practices – The Do’s and Don’ts