In this episode of Shared Practices, Richard Low sits down with Clint Johnson to unpack high-level dental business strategies and the core metrics driving true dental practice profitability.
They dissect the exact financial impacts and administrative burdens of heavy PPO participation, revealing how properly organizing fee schedules can add $330,000 to a two-doctor bottom line over an 18-month timeline without having to work any harder.
The core strategic debate centers on whether to add more insurances to drive volume or drop bottom-tier plans—like those under 3% of total collections—to optimize dental practice management and elevate long-term dental practice profitability.
Whether you are tuning into this dental startup podcast for pre-launch tips or are deeply entrenched in dental practice ownership, this is a must-listen for anyone ready to master their PPO game and secure lasting dental practice profitability.
In this episode:
- Why PPOs are often the most expensive form of marketing.
- The hidden administrative and emotional costs of low fee schedules.
- Dropping plans that make up 3% or less of total practice collections.
- Climbing the PPO profit ladder over a realistic 18-month timeline.
- Starting the credentialing process five months before a new startup opens.
Whether navigating an associate to owner transition or vetting acquisitions in dentistry, this is your survival guide. Ready to scale your dental practice ownership?
Visit
https://sharedpractices.com/ for our "Free Look" service and follow our social channels for roadmap updates. Join the community and turn your clinical skills into a thriving business.
What is Shared Practices | Your Dental Roadmap through Practice Ownership?
A bootcamp in small business ownership and practice management for dentists, giving the new graduate a roadmap to successful practice ownership. We interview the best dentists, experts, consultants and more on our weekly show. Here's the topics we will be covering in our 8 Seasons:
1. First Years as a Dentist
2. Think Like a Business Owner
3. Money and Numbers
4. Startups, Acquisitions, and Partnerships
5. Internal Systems
6. Marketing & Growth
7. Leadership, Vision and Culture
8. Beyond Dentistry
Go to SharedPractices.com to download the 8 Season Roadmap.