Why is corporate dentistry growing so rapidly? Maybe they know something you don’t – – buying a practice is good for your bottom line!
Many practices continue to operate at only 75-85% of optimal capacity, defined as being as busy as the doctor wants to be. Expressed in dollar terms, this translates into $100,000–$200,000 of lost profits annually for doctors in this situation. While many doctors have attacked the problem by increasing external marketing expenses, or signing up for managed care participation, there’s a much more cost-effective strategy. One that can easily achieve double-digit returns with very little risk.
Log in to view this resource
Not Yet a Member?
Join The McGill Advisory with a money-back guarantee
Learn More
Join
Start Your Free 45-Day Trial Membership
Begin increasing your wealth—by saving on taxes, boosting practice profit, conserving what you earn, and ensuring a successful retirement.
Your 45-day free trial entitles you to an 8-page monthly newsletter, plus unlimited online 24/7 access to hundreds of tax reduction, practice management, wealth protection, and retirement planning solutions. No obligation, no credit card.
Free 45-Day Trial Membership
The McGill Advisory content Is provided For informational purposes only And does Not constitute legal, accounting, Or other professional advice.
Copyright © 2024 John K. McGill & Company, Inc.
Transitions | Buying/Selling and Mergers
Letter for Acquiring a Practice
View
Marketing | General/Other
Grow Your Practice By Giving Back To Your Community
Read Article
Marketing | General/Other
3 Strategies To Build Your Practice By Targeting Your Existing Patients
Read Article
Marketing | General/Other
How To Effectively Market Your Practice To Millennials
Read Article
Marketing | General/Other
Increased Marketing Efforts Paying Off As Doctors Grow Busier
Read Article
Marketing | General/Other
Ramp Up Marketing As Managed Care Increases
Read Article
Once you have created your account, click below to refresh this page and access this content.