Episode Summary:
In this episode of the DPH Hot Seat, Dr. Paul Etchison and Dr. Henry Ernst dive deep with their guest who shares his journey from an associate to practice ownership. With a focus on navigating the complexities of running a dental business, especially in a fee-for-service model, this episode is packed with actionable advice for dentists at any stage of their career.
Key Takeaways:
- Transitioning from Associate to Owner: Our guest discusses his leap from being an associate in a DSO to owning a practice, highlighting the challenges and learning curves associated with understanding the business side of dentistry.
- Growth Strategies for New Practices: The episode explores strategies for practice growth, including marketing, staff retention, and expanding services.
- Navigating Fee-for-Service Models: Insights into managing a fee-for-service practice, including patient acquisition, insurance considerations, and setting the practice apart in a competitive market.
- Community Engagement and Marketing: Practical tips on how to increase patient base through community engagement, effective marketing, and leveraging unique selling propositions like sedation dentistry.
Why You Should Listen:
This episode is a must-listen for dentists who are considering the transition to practice ownership or are looking for ways to grow their existing practice. It provides a real-world perspective on the challenges and opportunities of running a dental practice, with a special focus on fee-for-service models. Whether you're grappling with the decision to accept insurance, looking to increase your patient base, or simply seeking inspiration to innovate within your practice, you'll find valuable insights and encouragement from our guests journey and the expert advice of Dr. Etchison and Dr. Ernst.
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DPH Coaching
- Operational Excellence: Strategies to streamline practice operations for efficiency and growth.
- Team Building and Leadership: Techniques to build a cohesive team and lead effectively.
- Financial Management: Guidance on managing the financial aspects of a dental practice for long-term success.
- Personal Development: Coaching on personal growth to enhance professional performance.
Visit www.dentalpracticeheroes.com to Learn more
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