Strategies to Decrease Overhead & Increase Net Profit (w/Dr. B. Chvatal, M. Sawtelle, & P. Gange Jr.) [Ep.81]

In this episode of the Doc Podcast, host Dr. Mike DeLuke delves into the crucial topic of optimizing profitability in orthodontic practices. Joined by a distinguished panel of guests—Mary Sawtelle, Dr. Brad Chvatal, and Paul Gange, Jr.—they discuss strategies for controlling overhead costs and increasing net income. Topics include effective inventory management, the importance of efficient bonding protocols, and the role of leadership and team culture in driving practice success. This comprehensive discussion is a must-listen for practitioners looking to improve their bottom line while maintaining high-quality patient care. Tune in for actionable insights and expert advice!00:26 Today's Topic: Money and Net Profit00:51 Meet the Expert Panel01:38 Understanding Practice Profit02:45 The Importance of Efficient Ordering Systems03:57 Strategies to Decrease Overhead04:47 Welcoming the Guests06:02 Focusing on Overhead vs. Production07:45 Delegating and Organizing for Efficiency09:48 The Role of Protocols in Reducing Overhead15:14 Bonding Protocols and Reducing Failures41:25 Understanding Bond Failure Rates42:51 The Importance of Timing in Etching43:21 Analyzing Office Practices and Training45:18 Amtouch Dental Supply: A Trusted Partner46:08 Strategies for Improving Practice Efficiency49:44 The Role of Leadership in Practice Management53:55 Hiring and Training for Success01:20:02 Reducing Variables for Better Outcomes01:20:49 Final Thoughts and Contact InformationSPECIAL THANKS TO OUR SPONSORS:Allure Ortho: https://www.allureortho.com/AmTouch Dental Supply: https://www.amtouch.com/Ulab: https://www.ulabsystems.com/LINKS:-Brad: Czechmate (https://czechmateconsulting.com/); Practice Website (https://www.eugenebraces.com/)-Mari: Mari’s List (https://marislist.com/)-Paul: Reliance Orthodontics (https://www.relianceorthodontics.com/)-Espresso Maker:https://www.ebay.com/itm/167091011520?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=dfsX1ujXRXS&sssrc=2047675&ssuid=8mPfObcnTnW&widget_ver=artemis&media=COPYHere's the link on Amazon:https://a.co/d/9Ut0uF3