Now, more than ever, dental practices need to take control of their overhead.
Every year, Levin Group’s expert business analysts fly all over North America visiting hundreds of practices to perform our unique Practice Performance Analysis. One finding that’s turning up more and more often is “overhead creep.” Disappointed with the growth of their businesses and concerned about lower insurance reimbursements, many dentists think they need more… more staff, more new technologies, more treatment rooms, even more doctors.
The resulting increase in operating costs doesn’t translate into increased revenues…. but it does cut into income. When dentists become Levin Group clients, our consultants walk them through the overhead reduction process, investigating and finding ways to make cuts in each overhead category based on reliable national and regional averages.
If you’re not yet ready for practice management consulting, at least do this… set a goal of lowering your overhead by 2% or even 4%. Otherwise, you’ll just continue throwing away money.
Watch Dr. Levin’s free video “Total Overhead Control”