Episode #268: Lessons from the 2023 RIDA Virtual Summit
Dental insurance companies have always made a massive amount of money. And there has been a pattern for the past nine years. This pattern increases your practice overhead and negatively affects the practice growth. The ADA announced that the average practice overhead is 74%. Doctor, if your practice overhead is 74%, you’re working too hard for too little! Your overhead becomes so high because of the amount of money you are giving away as insurance adjustments. In this episode, Gary Takacs does the calculations and explains how the change in contracted fees will exactly affect your practice growth in the future.