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A 2000 survey from the ADA reported that the average dentist spends nearly 68% of their collection on overhead: 18% above what they should be spending.
Many practice management experts argue that overhead doesn’t have to exceed 50% of your production. Whether you can get down to the bare bones is up to you, but there are simple and effective ways of making sure that more of the money you make goes into your pocket at the end of the day.
It’s more than just keeping track of your purchasing: it’s about who (and how) you hire, how digital your practice is, and how you’re keeping up with your current patients. For more on these aspects of regulating your overhead, plus a few more, download this free checklist.