Less Insurance Dependence Podcast

Why Strategic Growth is So Powerful?


Listen Later

In this Episode of the Less Insurance Dependence Podcast, Gary Takacs and Naren Arulrajah emphasize the importance of strategic growth for dental practices, especially those looking to reduce their reliance on PPO plans. The hosts stress that strategic growth is vital for any dental practice, as staying stagnant is not an option due to inflation and rising costs. Intentional growth ensures that a practice's income and value continue to rise over time.

The episode highlights several methods to achieve strategic growth. One primary strategy is resigning from PPO plans, which allows practices to retain 45-50% more of their fees, even if some patients are lost in the process. Another effective approach is adding high-value services such as implants, adult orthodontics, and cosmetic dentistry, which can significantly increase revenue. For practices with sufficient demand, expanding the team by hiring an associate can also promote growth, provided it is carefully planned to support both the owner and the new associate.

...more
View all episodesView all episodes
Download on the App Store

Less Insurance Dependence PodcastBy Less Insurance Dependence

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

48 ratings


More shows like Less Insurance Dependence Podcast

View all
Motley Fool Money by The Motley Fool

Motley Fool Money

3,218 Listeners

The Very Dental Podcast Network by Alan Mead

The Very Dental Podcast Network

393 Listeners

The Thriving Dentist Show by Thriving Dentist Show – Takacs Learning Center

The Thriving Dentist Show

233 Listeners

The Dentist Money Show | Financial Planning & Wealth Management by Dentist Advisors - Financial Planning and Investment Management

The Dentist Money Show | Financial Planning & Wealth Management

148 Listeners

Shared Practices | Your Dental Roadmap through Practice Ownership by Dr. Richard Low | Shared Practices Network

Shared Practices | Your Dental Roadmap through Practice Ownership

563 Listeners

The Best Practices Show with Kirk Behrendt by ACT Dental

The Best Practices Show with Kirk Behrendt

72 Listeners

Nobody Told Me That! A Dental Podcast with Teresa Duncan by Teresa Duncan, speaker and corporate consultant

Nobody Told Me That! A Dental Podcast with Teresa Duncan

54 Listeners

Dental All-Stars - Dentistry Podcast by All-Star Dental Academy

Dental All-Stars - Dentistry Podcast

78 Listeners

Dental Practice Heroes by Dr. Paul Etchison

Dental Practice Heroes

152 Listeners

Dental Digest Podcast with Dr. Melissa Seibert by Dental Digest Institute & Dr. Melissa Seibert: Dentist

Dental Digest Podcast with Dr. Melissa Seibert

266 Listeners

The Passive Income MD Podcast by Peter Kim, MD

The Passive Income MD Podcast

278 Listeners

Daily Dental Podcast by Addison Killeen DDS

Daily Dental Podcast

28 Listeners

The Dental Lighthouse with Dr. Jason Tanoory by Jason Tanoory

The Dental Lighthouse with Dr. Jason Tanoory

27 Listeners

Private Practice Playbook by Practice Growth Institute

Private Practice Playbook

33 Listeners

The Dental CEO Podcast by Scott Leune

The Dental CEO Podcast

34 Listeners