While talking to the many dentists who attended the Nation’s Capital Dental Meeting, a theme is emerging. Many associates are exploring scratch start ups rather than looking to purchase an existing practice. It makes sense. Many established dentists are holding on to their practices longer (recouping some of the losses from the economic downturn), even…Read More→
Tag: scratch dental office
Scratch Dental Office – Is the Profit Margin Too Low?
I am in my 4th year of a scratch startup and the practice’s collections are on track to reach $1.2 mil this year. YTD the profit margin is only 16%. I’d say 10-15% AFTER “normal” comp for the doctors. I know the Levin Group says it should be 38-40%. That’s what a SOLO doctor NETS…Read More→