Episode Details
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Navigating Dental Economics, Strategies for Thriving in a Recession, Cyberhacks & Unpaid Associates
Description
Bulletproof Dental Practice Podcast Episode 299
Host: Dr. Peter Boulden & Dr. Craig Spodak
Guests: Dr. Trey Tippit & Dr. Dwight Peccora
Key Takeaways:
Dental Economics
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65% of dentist report the RISING OVERHEAD is their biggest challenge right now
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90% surveyed believe that there is a "shortage of dental professionals"
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70% of offices did better in 2022 than in 2021 but only 5% reported increase was better than 25%.
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Recessionary Strategy
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Increase / Focus on hygiene patients
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Negotiation strategies for supplies/labs
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Aspen Dental "Cyberhack"
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2023 Bulletproof Summit
References:
Mighty Networks: Bulletproof Dental Practice
From Strength to Strength: Finding Success, Happiness, and Deep Purpose in the Second Half of Life
Tweetables:
Pay attention to your P&L percentages. - Dr. Craig Spodak
Have a good sword and a good shield. - Dr. Craig Spodak
The money is in the chair. - Dr. Trey Tippit
The sustainability of a dental practice relies on the hygiene program. -Dr. Trey Tippit
A good reappointment feeds the pre-appointment. -Dr. Trey Tippit
If you're that great you have to create awareness and scale to your community. -Dr. Peter Boulden