Practicing orthodontics in today’s economy is more challenging than ever, leading many of the practitioners looking for professional advice from experts in practice consultancy and financial planning for dentists. One of the greatest challenges encountered is to recognize the issues as they occur in your practice. The moment you notice a drop in revenues, you need systems in place to maintain your practice at a comfortable level. Over the years, we have noticed that many professionals focus more on operational efficiency than on trying to understand what customers wanted and valued, which actually is the most important factor in growing a profitable practice.
Orthodontists today are working with general dentists and other specialties to plug orthodontics into the overall care and treatment of patients. If you have already implemented an orthodontic section in your practice, diagnosis and treatment planning could provide your general dental practice with additional satisfaction and financial boost.
Among the procedures that the offices can implement are increasing production, profitability and referrals, promoting a low-stress practice environment and offering high professional satisfaction. We often see physicians thinking the best way to survive in a bad economy is to reduce office staff; however, that is not the most recommended strategy. Instead, you should focus on systems to increase your productivity, which will help reduce your overhead.
As a financial advisor for dentists, we are here to help define your current and future practice needs to ensure your success. For a complimentary consultation on how to increase the financial success of your orthodontics practice, please provide the "Quick Contact" information on the sidebar, and we will contact you to schedule a free consultation, including dental practice payroll services and dental practice tax services. We serve the communities of Manhattan, New Hyde Park, Manhasset, Hauppauge, Syosset, New York, Garden City, Great Neck and nearby areas.
