DE's Business Lab video, Part 4: Overhead—profitability strategies
Dr. Chris Salierno wants to help his peers succeed. He offers a series of DE's Business Lab videos about overhead. This one takes a close look at profitability strategies and how to apply some helpful ideas ideas to your dental practice.
In the new DE’s Business Lab Overhead video entitled Profitability Strategies, Dr. Chris Salierno continues to share practical tips about keeping track of the income and profitability in your dental practice.
(Watch the first three Business Lab videos on the Dental Economics YouTube page. Click on Playlists at the top of the page to access DE Business Lab. Check out the many other informative videos while you're there!)
This is the first of three more Business Lab videos that will offer dentists guidelines about how to improve their profitability and therefore their net income. To make more net income, dentists can either increase income or reduce expenses, explains Dr. Salierno. But how to do that?
While this may sound straightforward, instituting strategies that will make increased profitability happen in your practice is a little more complicated. What steps can you take to increase production? How can your practice reduce expenses?
Dr. Salierno offers some practical and easy-to-follow solutions in this new video.
Chris Salierno, DDS, is the chief editor of Dental Economics and the editorial director of the Principles of Practice Management and Group Practice and DSO Digest e-newsletters. He is also a contributing author for DentistryIQ and Perio-Implant Advisory. He lectures and writes about practice management and clinical dentistry. He maintains a blog to answer patient questions at ToothQuest. Dr. Salierno maintains a private general practice in Melville, New York. You may contact him at [email protected].