Our recent member survey revealed that profits are growing slowly due to lower new patient growth rates, increased managed care, and rising overhead. How does your practice stack up? Below we review our survey results, along with our top 30 recommended strategies to help accelerate your practice profits.
We reviewed financial statements from 274 practices across the country as part of our 2017 practice profitability survey. Of those, 142 were general practices, 73 were orthodontic practices, 22 were pediatric practices, 19 were oral surgery practices, 10 were periodontal practices, 6 were endodontic practices, and 2 were prosthodontic practices.
Trend Toward Group Practice
Our survey confirmed the movement away from...
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The McGill Advisory content Is provided For informational purposes only And does Not constitute legal, accounting, Or other professional advice.
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