You can add $200,000 to your practice
Levin, R.P.
Compendium of Continuing Education in Dentistry 22(9): 720-721
2001
ISSN/ISBN: 1548-8578 PMID: 11692395 Document Number: 529606
This practice was able to grow by more than $200,000 in the first year. It also appears that the practice will increase at least another $150,000 in its second year of the program as refinements are made and additional education is provided. Today, the dentist is happier, putting money away for the future, and currently undergoing financial planning. I would also like to point out that the reason this article focuses on 1-year consulting experiences is that I do not believe less than a 1-year experience is productive. Overnight change and radical decision-making often contribute to destruction of practices from a financial standpoint, as well as the staff's ability to keep up, and usually do not solve the majority of problems. Only a systematic step-by-step approach to each system, training for those systems, and documented policies for those systems allow the entire office to come together and reach its true potential.