Description
Dental practice finance can make or break a practice, yet so many dentists struggle to get it right. We sat down with Mike White, a healthcare finance expert with over 20 years of experience, to figure out why so many dental practices face financial hurdles—and what to do about it. He lays out exactly how to clean up your books, track the right KPIs, and make smarter decisions about everything from overhead to expansion. Dental practice management isn’t just about patient care; it’s about understanding the numbers that drive your success.
We talk about the importance of transitioning to accrual accounting when the time is right, how to calculate EBITDA accurately, and what private equity groups are really looking for in a practice. Leadership, operational efficiency, and managing overhead are all part of the equation, but Mike shows how they tie back to one core goal: running a practice that’s profitable and scalable. With consolidation trends and rising interest rates shaking up the dental world, financial transparency has never been more important.
If you’re serious about taking control of your dental practice finance, this conversation will help you identify where you’re falling short—and what steps to take to fix it. Success in dentistry starts with owning your numbers, and Mike’s insights make it clear where to focus your energy to get the results you want.
Chapters:
(00:00) Dental Practice Finance
(05:45) What KPIs Really Matter in Your Practice
(10:20) When to Transition to Accrual Accounting
(15:12) How Interest Rates Impact Valuations
(20:34) Scaling Smart: Leadership and Growth Strategies
(28:07) Cleaning Up Your Books for Better EBITDA
(35:42) What the Future Holds for Dental Consolidation
Together, we'll reshape the future of dentistry. Visit www.RevolutionDentistryGroup.com to claim the success you actually deserve.
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