Align My Practice’s Post

A new reSource Minute Video is Now Available!    In this edition of the reSource Minute, Chris Bentson dives into several high-level statistics from the practice valuations performed by Bentson Copple & Associates during 2023. He highlights significant variations in overhead rates and practice valuations. The importance of conducting valuation studies when considering selling, buying, or partnering with a practice is emphasized due to the significant differences between practices.   He also debunks the myth that having multiple practice locations increases overhead significantly, presenting data indicating otherwise. Practices with three or more locations show lower overhead, translating to higher efficiency and profitability. The data suggests that practices are becoming more profitable and valued higher, attributed to advancements in digital technology allowing for increased efficiency.   Watch it now- > https://lnkd.in/ejCHHx_W #reSourceMinute #orthodonticvideo #businessoforthodontics #valuation #orthodonticvaluation #orthodonticdata

Create more Ebida in your practice by managing your finances see how TDK can help. Learn More: thedentalkits.com

At Hive Business we are always searching for ways to make our clients more money. Often this is about increasing revenue, reducing tax liability, and building wealth. In this article I am focused on increasing the margins on the treatment delivered. 32Co's stats suggest there is greater margin to be found in your aligner treatments, give it a read to see how it could work for you. Also, if you want to know some other tips for increasing your margins drop me a line to - dan.fine@hivebusiness.co.uk

In this weeks blog, Dan has collaborated with 32Co to discuss how time is one of the most important factors when turning your income into profit. https://lnkd.in/eCvWTw4T

Crespo Business Brokers means access to high-quality Dental Practices designed specifically for healthcare providers like yourself. #Medicalpracticesforsale #Dentalpracticeforsale #FloridaRealEstate #CommercialRealEstate #Businessforsale https://lnkd.in/e3wWgRU

With changes in interest rates, now's the perfect time to reassess and optimize your financial strategies for growth. Whether you're thinking about refinancing, expanding, or just curious about how these shifts affect your practice, we've got your back. Reach out for personalized guidance! #DentalFinance #InterestRates #DentalGrowth #DentalCPA https://hubs.ly/Q02SlwtS0

Looking for some weekend reading? The Spring issue of the Savvy Dentist Magazine is out now and in this issue, we talk about mindset and the importance of aligning your dental practice goals with your core values to achieve genuine success. We go deep analysing the Knowledge Gap, the Attitude Gap and the Practice Gap. We also discuss the three currencies of practice optimisation MONEY, TIME and MEANING. By getting intentional about these areas, you can build a practice that not only achieves financial goals but also aligns with your values and lights you up. Want to read the full article? It's completely free. Subscribe Now! >> https://lnkd.in/gfCYE_7j

Revenue cycle management will not take care of itself, but it can be more intentional, simplified, and automated. Get tips to reduce manual tasks, automate workflows, and ultimately reduce time to payment. https://bit.ly/4d5oBfg

Revenue cycle management will not take care of itself, but it can be more intentional, simplified, and automated. Get tips to reduce manual tasks, automate workflows, and ultimately reduce time to payment. https://bit.ly/4d5oBfg

💫 In June's article for The Probe Magazine, social media manager Abby spoke about how social media trends are a great way to stay ahead of the curve 📲 In the fast paced world of digital marketing, clinicians must blend traditional strategies with the dynamic landscape of social media. While trends on platforms like TikTok and Instagram may initially seem frivolous or even irrelevant to the serious business of dentistry, they offer untapped potential for engagement, brand awareness, and patient education ✨ Embracing viral challenges and popular memes can humanise dental practices, making them relatable and approachable. These trends allow clinicians to showcase their expertise, personality, and creativity, fostering stronger connections with followers 🔑 By staying relevant in trending topics, practices can enhance visibility, attract new patients, and gain insights into audience preferences. In today's digital age, leveraging social media trends is key to staying ahead in the competitive field of dentistry Read the full article here: https://lnkd.in/dwti4Vpb #dentistry #dentalmarketing