Navigating Dental Economics, Strategies for Thriving in a Recession, Cyberhacks and Unpaid Associates
Bulletproof Dental Practice Podcast Episode 299
Host: Dr. Peter Boulden & Dr. Craig Spodak
Guests: Dr. Trey Tippit & Dr. Dwight Peccora
Key Takeaways:
Dental Economics
- 65% of dentist report the RISING OVERHEAD is their biggest challenge right now
- 90% surveyed believe that there is a “shortage of dental professionals”
- 70% of offices did better in 2022 than in 2021 but only 5% reported increase was better than 25%.
- Recessionary Strategy
- Increase / Focus on hygiene patients
- Negotiation strategies for supplies/labs
- Aspen Dental “Cyberhack”
- 2023 Bulletproof Summit
References:
Mighty Networks: Bulletproof Dental Practice
From Strength to Strength: Finding Success, Happiness, and Deep Purpose in the Second Half of Life
Tweetables:
Pay attention to your P&L percentages. – Dr. Craig Spodak
Have a good sword and a good shield. – Dr. Craig Spodak
The money is in the chair. – Dr. Trey Tippit
The sustainability of a dental practice relies on the hygiene program. -Dr. Trey Tippit
A good reappointment feeds the pre-appointment. -Dr. Trey Tippit
If you’re that great you have to create awareness and scale to your community. -Dr. Peter Boulden
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