Episode #281: Top 10 Questions from RIDA Members Part 2
Your practice is not about your numbers. Your practice WHY needs to be much more significant than that. In this episode, Gary explains that your practice ‘why’ should be taking care of patients the way you’d like to be taken care of, both clinically and behaviorally. You should not lead with the numbers when it comes to establishing your practice goal because, unknowingly, it will drive you and your team away from giving the best possible service to the patients.
Once you establish your practice ‘why,’ everything you and your team do is built around that, and you can then look at the numbers.
Listen to this episode as Naren and Gary talk about ideal practice goals, ways to make your practice focus on providing the best possible dental care to your patients, and how to exceed your daily goals!
The American Dental Association says that the average dental practice overhead is 74%. This was informed BEFORE the inflationary cycle right now.
So, doctor, if your overhead is 74% or higher, you are working too hard for too little. Gary has established 6 goals for every practice he coaches, and he helps his coaching clients achieve these goals; the 1st goal is to maintain an overhead no higher than 60%, ideally 50%.
After coaching over 2200 dental practices, he deeply understands what each practice needs to do to achieve the established goals.
In the upcoming Masterclass, Gary will explain the Specific Plan to Reduce Your Practice Overhead. You can learn more about the Masterclass by visiting: www.lessinsurancedependence.com/masterclass/
Use the code: LIDMC to get a discount when you register!