Here is the cold hard truth: the very existence of Private Practice Dentistry is under mounting threats. You see this with DSOs, insurance cutting fees and reimbursements, hiring shortages, expenses going up and profits going down. There isn’t a single major industry variable trending in your favor. Yet, while some will throw up their hands… Read more »
Posts By: Scott J Manning, MBA
The Dental Practice Advantages Afforded by Profitability
Last week, I presented a deep dive into how to dramatically increase the profitability of your private practice. It was not just about the POWER OF PROFIT it was about giving you the ability to actually create more profitability in the first place… “Increasing PrivateDental Practice Profits” Practice Success Whiteboard Session with Scott J Manning,… Read more »
Private Practice Power: Profitability and Demand
Perhaps the most important aspect of profitability, that very few business owners ever fully realize, let alone take advantage of, is the power to become fully liberated and operate on your own terms. Most independent practices never break free from their (mostly perceived though sometimes actual) dependency on volume, insurance, and basically being a commodity… Read more »
Harnessing the Power of Profit in Private Practice
The only way to predict the future is to create it. This saying should ring true for your life, your practice, and even your patients’ health. You are a creator and the more you embrace that, the more of it you will do and the more predictable your future will become. I have been emphasizing… Read more »
How They Get Rich in Private Practice
In the past few weeks, since January, I have talked personally to a few doctors who have been turned down by DSOs because they were making too much money. Too profitable for any one doctor to be able to reliably replace them and sustain their practice levels of success. They, the owner doctor, had become… Read more »