The Dental Economist Show

💸 Is your P&L truly optimized, or are you just seeing money fall to the bottom line? In the latest episode of The Dental Economist Show, Demias Pegues, CEO at Key Dental Management Solutions, challenges business leaders to dig deeper into their financials. It's not just about profit—it's about running your business in line with industry standards. 📊 If you're lagging behind, it's time to understand why and address those gaps. Tune in now for practical strategies to optimize your P&L and elevate your business. 👉 Apple -   https://apple.co/3A1t1GP 👉 Spotify - https://spoti.fi/4eSGHD5 👉 YouTube - https://bit.ly/48hI0cj #DentalBusiness #DentalGroup #TheDentalEconomistShow

Demias Pegues: “You can visualize your patient funnel this way. For every 100 patients that call you, how often do you answer the phone? And I think if you would ask for my business folks out there, doctor owners, fellow CEOs. Go research that number and determine what it is. Generally, if you were just to walk up to someone and ask that, they would say, “well, we answer the phone 95% of the time, et cetera. The truth of the matter is most organizations answer the phone 60 to 70% of the time. So, when you think about organic growth and an immediate opportunity to grow your business, answer the phone a lot more than what you do.” 🚗 Want a simple yet powerful way to drive organic growth? Answer the phone. Demias Pegues, CEO at Key Dental Management Solutions, highlights a critical gap many businesses overlook—how often their phones actually get answered. While many assume it's around 95%, the reality is often closer to 60-70%. This small but crucial metric can make a massive difference. 📞 For practice owners and CEOs looking to boost revenue, improving patient call response rates is a fast, actionable step toward growth. Want to dive deeper into optimizing your patient funnel? Listen to the latest episode of The Dental Economist Show, where Demias joins host Mike Huffaker for a fascinating chat. You can tune in here: 👉 Apple -   https://apple.co/3A1t1GP 👉 Spotify - https://spoti.fi/4eSGHD5 👉 YouTube - https://bit.ly/48hI0cj #DentalBusiness #DentalGroup #TheDentalEconomistShow

📈 To scale a business effectively, it's essential to focus on two key areas: maximizing revenue from your existing client base and driving profitability. Demias Pegues, CEO of Key Dental Management Solutions, and his team achieved both through strategic optimizations. ⬆️ First, they refined their patient funnel, ensuring smoother operations and more conversions. Then, they honed their P&L to increase overall profitability—two distinct yet complementary approaches that every business can benefit from. To learn more actionable insights on improving both revenue and profit, tune into the latest episode of The Dental Economist Show, where Demias joins host Mike Huffaker. You can tune in here: 👉 Apple -   https://apple.co/3A1t1GP 👉 Spotify - https://spoti.fi/4eSGHD5 👉 YouTube - https://bit.ly/48hI0cj #DentalBusiness #DentalGroup #TheDentalEconomistShow

☎️ Many businesses believe they’re picking up 95% of incoming calls, but the reality is closer to 60-70%. That’s a huge gap in potential revenue! Demias Pegues, CEO at Key Dental Management Solutions, offers a quick but powerful tip: ❓ Take a close look at your patient funnel. How often are your calls going unanswered? Research that number—it might surprise you. Demias joins the latest episode of The Dental Economist Show to break down how this overlooked opportunity can be a game changer for your business, and much, much more! The episode lands on October the 24th, to tune in then for actionable strategies that can optimize your dental business. See you on the 24th! 

⚙️ Incorporating sleep apnea treatments into dental practices can be a game-changer, not just for patients, but for the entire practice team. Indeed, Dr. Dar Radfar, owner of 805 Dentistry and CEO at Rad Health Inc., recommends experiencing the journey yourself. Conduct a home sleep test, fit an oral appliance, and observe the impact firsthand. This practical approach can foster empathy and understanding within the team, especially since 46% of depressed patients struggle with sleep apnea. ✅ Witnessing the improvement in mental health can be a powerful motivator for dental professionals to embrace these solutions in their practice. To learn more about sleep apnea and dentistry, tune into the latest episode of The Dental Economist Show, where Dr. Rad joins host Mike Huffaker for a fascinating conversation.  You can tune in here: 👉 Apple -  https://apple.co/3Ypss2G 👉 Spotify -  https://spoti.fi/3YakObl 👉 YouTube -  https://bit.ly/4dSywW6 #DentalBusiness #DentalGroup #TheDentalEconomistShow

Dr. Rad: “Any DSO that's listening, when you add sleep to your practice, you put yourself in a different platform of a dental group. Now you're treating in a more holistic, total health aspect dentistry that will bring up your general dentistry. By definition, when you internally market within your office, let's say you have a thousand active patients, you internally email market, “we now treat sleep apnea and snoring. If you or your loved one are suffering from this, come in for a complimentary consult or bring it up at your next appointment”, Boom! Right then and there you set yourself apart from any other DSO or any other dental practice down the street that you're doing a little bit of a different kind of approach to total health and care for your patient.” 😴 Adding sleep apnea treatment to a dental practice isn’t just about offering a new service—it’s about transforming the entire approach to patient care. Dental Service Organizations (DSOs) that embrace sleep solutions take a step toward a more holistic, total-health model of dentistry. 📈 This not only enhances patient outcomes but also elevates general dental services. Effective internal marketing is key. Dr. Dar Radfar, owner of 805 Dentistry and CEO at Rad Health Inc., says that by reaching out to your existing patient base with a simple email—“We now treat sleep apnea and snoring, schedule a complimentary consult”—you immediately set your practice apart from the competition. For more insights from Dr. Rad, make sure to tune into the new episode of The Dental Economist Show. You can tune in here: 👉 Apple -  https://apple.co/3Ypss2G 👉 Spotify -  https://spoti.fi/3YakObl 👉 YouTube -  https://bit.ly/4dSywW6 #DentalBusiness #DentalGroup #TheDentalEconomistShow

🦷 Dentists are on the front lines of patient care, and sometimes that means spotting issues beyond just teeth. Dr. Dar Radfar, owner of 805 Dentistry and CEO at Rad Health Inc., emphasizes how critical it is for dental professionals to look beyond oral health and assess potential indicators of sleep apnea. 🗣 When signs are there—whether it's an obstructed airway or other symptoms—it's essential to communicate with the patient. If treating sleep apnea isn’t something a practice handles, referring them to a primary care physician or sleep specialist can make all the difference. It's about prioritizing total health, just like for any other dental procedure. Dr. Rad joins host Mike Huffaker on the latest episode of The Dental Economist Show to discuss the vital link between sleep and dentistry. You can tune in here:  👉 Apple -  https://apple.co/3Ypss2G 👉 Spotify -  https://spoti.fi/3YakObl 👉 YouTube -  https://bit.ly/4dSywW6 #DentalBusiness #DentalGroup #TheDentalEconomistShow

✨ Transforming your dental practice by integrating sleep treatment isn't just a smart move—it's a game-changer! By adding sleep apnea services, dental service organizations (DSOs) elevate their practices to a holistic health platform, setting themselves apart from the competition. 📧 Imagine this: with just a simple internal marketing campaign to your existing thousand patients—“We now treat sleep apnea and snoring! Schedule your complimentary consult today!”—you differentiate your practice. This approach not only enhances patient care but also boosts overall practice growth. To get more tried ‘n’ tested recommendations like this, tune into the upcoming episode of The Dental Economist Show on the 17th of October, where Dr. Dar Radfar, owner of 805 Dentistry and CEO at Rad Health Inc., joins host Mike Huffaker for a revealing conversation. See you on the 17th! #DentalBusiness #DentalGroup #TheDentalEconomistShow

🤝 In today's competitive landscape, finding the right talent for dental practices is more crucial than ever. In the latest episode of The Dental Economist Show, Jeremy N. Krell, the Managing Partner of Revere Partners, highlights the importance of not just screening candidates, but also ensuring they fit well within the team culture. 💸 Investing a little more to secure a great match can lead to long-term retention and harmony in the workplace. Given the challenges in staffing across healthcare sectors, focusing on alignment and collaboration can make all the difference. 👉 Apple -  https://apple.co/3zUBmMa 👉 Spotify - https://spoti.fi/3BCCCEi 👉 YouTube -   https://lnkd.in/eC4YEddk #DentalBusiness #DentalGroup #TheDentalEconomistShow

Jeremy Krell: “Those that do a really good job also tend to do a good job of embracing vulnerability. Where are the challenges? Where are they still struggling? And also are embracing learning, right? When they hear feedback, they're responding really well to that feedback, because at the base of all of these investments is people, right? You can have a great product or you're developing a great product, you don't even have one yet, at the end of the day, we have to believe in the people, right? Because the business part is tough and I've got to have great people around that business that we think are really going to be successful and that's who we're empowering.” 🗣️ Successful startups often excel at embracing vulnerability and learning from feedback. At the heart of every investment is the belief in people. 👪 While a great product is important, the real differentiator is the team behind it. When founders openly address their struggles and adapt based on feedback, they cultivate an environment ripe for success. Want to dive deeper into how embracing vulnerability can empower your startup journey? Tune in to the latest episode of The Dental Economist Show, where Jeremy N. Krell, the Managing Partner of Revere Partners, explores how acknowledging challenges and actively responding to constructive criticism can drive growth and innovation. 👉 Apple -  https://apple.co/3zUBmMa 👉 Spotify - https://spoti.fi/3BCCCEi 👉 YouTube -   https://lnkd.in/eC4YEddk #DentalBusiness #DentalGroup #TheDentalEconomistShow