3 Leverage Points for Practice Optimization

The big news was well received last week. Three promises, two ways to get there, and one webinar to deliver the secret formula to success for the perfect practice model for you. If you missed the invitation, here it is again…

Register For The Live Webinar: A Radically Better Way to Practice Dentistry

The premise is quite simple, as business should be, you get to keep 50% of all you earn inside of your practice. If that’s too ambitious for you then you can calibrate to your comfort level.

Why wouldn’t a quarter of every dollar go to the one who does the work and a quarter of every dollar go to the one who owns the practice?

Far too many business owners get caught up in the complex. They make it too complicated with all these moving parts and fifteen different places money has to go through before it makes it into your bank account.

A big part of the problem is most doctors think every answer is more technology, more equipment, more team members, more patients, more space, more, more, more.

Now, in fairness, sometimes that’s a great idea but only if it’s already working, already profitable, already going exactly as planned. Then you simply turn up the dial.

When people want to mask, replace, or fix their problems with “more” of anything then you know right away the only thing they are going to have “more” of is – the same problems, just on a larger scale.

That is why building on a stable, consistent, predictable, and profitable foundation is so vital for your success; not to mention your peace of mind and sanity. This is the key to everything in business.

Discover, find, create your path to prosperity and then stick to it like glue. Multiply and grow is fine too. Expand and evolve all good. But only after you’ve got the first part figured out.

The best news of the day is as a smart Independent Private Practice Owner you can do whatever you want… you can change, you can grow, you can stay the same. No one but you is in the way of your next breakthrough and your future state of ideal.

To achieve it, it first takes the understanding that you’ve already got what you need to be successful right now inside of your practice. I’m telling you: you’ve already got everything you need. Greater profit is right around the corner.

I encourage you to attend to my special Webinar Training exclusively for my Weekly Report readers where I’ll share the formula to earn what you are worth, work fewer days, build a loyal team, and escape the prison of insurance.

Save Your Seat For The Live Webinar Training

You ask, “But how is this possible?” It’s possible because of one word…

Optimization.

Once these 3 leverage points in your practice are aligned properly for optimized performance, then it’s easy to make that straight-line simplification to have a more profitable practice. Remember when the math works, everything else works.

In full disclosure – isn’t rocket science. Remember this… clinically dentistry is complicated enough, the business of it doesn’t have to be

You will be blown away at how easy it is to help your team be more successful in each of their roles and quite literally double the amount of opportunity you create to help your patients get healthy without changing anything else. Just aligning the math

This is not a different way to practice, it is a radically better way to practice at the very core of what you do.

Today, we’ll hit a few highlights in preparation for the in-depth webinar training coming up in just over two weeks.

First, we are going to align your efforts and the efforts of your team with the highest value leverage points in your practice.

It begins with you not having to fight the volume model that requires you to keep dealing with more patients, more insurance, more procedures, and more overhead. No longer will you be working harder for less money, less satisfaction, and less autonomy.

Streamlining the activities of the practice to eliminate wasted time and low value functions will optimize your operations to produce the same (or greater) production with fewer patients in fewer hours.

Second, we will optimize your cashflow to coincide with the actual dentistry you are delivering. Right now, too much of your production is downgraded by insurance reimbursements along with the rising expenses consuming a greater percent.

I’ve been saying it for months and you’ve been experiencing it for months. As prices go up and your overhead rises, at first it’s just marginal and then it’s percentage points and pretty soon it’s noticeable. You are making less even when you are having record collection months. So where has the profit gone?

It takes more to produce the same when inflation kicks in. When everything else goes up what do other people do – raise their prices too.

On top of that, insurance companies control their profit by letting less of what comes in get back out the door and into their policy holders’ lives. They cut fees, suppress reimbursement, deny more claims, and flat out make it harder to get paid, period.

This is a trend that will only continue. The only option here is go on offense, remove it entirely from the context, culture, and dynamic of your practice and the relationship between you and your patients.

You can make a bold decision to allow patients to use it for their benefit while excluding it from the health decisions made between a doctor and patient.

Don’t worry, I’ll show you how. You will be blown away and whether you are in every network under the sun or you have been fee for service for life, you will find multiplication of profit value here for you.

That’s the fun of having a radically better way to practice. You aren’t under the control or regulations or restricted by anyone else.

And the fact of the matter is at this point it’s your only option.

You must create an environment and experience that attracts, educates, and elevates your patients to value their health and position your practice to command premium fees for what you do. That’s the truest from of insurance freedom.

Finally, I will show you exactly how to optimize your profit. Now, there are two ways to achieve greater profit margins…

One way is to double up on all of the dentistry you are doing now while scaling down your expenses to rebalance the numbers to work in your favor. This obviously requires “more” (the adversarial word we’ve been discussing that undermines your peace of mind, lifestyle, and state of ideal).

Or you can do it my way.

The way of reverse engineering for profit optimization. The way of doctors who believe in prosperity and abundance through a practice business model that is based on creating more opportunity than there is time to deliver it.

You can achieve a 50% net profit practice by following my formula.

That’s powerful. That’s prosperity. That’s profit. That’s the point.

That’s the radically better way to independent private practice ownership and exactly what we are going to do together…

Register for the Live Webinar: A Radically Better Way to Practice Dentistry

Once and for all, you can align your practice to work and produce for you; not you having to work and produce for it.

I’ll have more to share next week. In the meantime, save your seat for the live webinar. I promise, you will not be disappointed.

Save Your Seat For The Free Webinar Training