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The Reason Your Orthodontic Practice Isn't Growing and What’s Ahead
Manage episode 437874546 series 2499378
As an orthodontist, you’ve probably noticed the pinch—fewer patients starting treatment, more competition, and a general sense of unease about the future.
It’s not just you; the entire industry is feeling it. But here’s the good news: history tells us that this won’t last forever.
To understand what’s happening in our industry, I am joined by one of the most trusted experts in orthodontic practice transitions, Chris Bentson to discuss the current challenges facing orthodontists in this uncertain economic climate.
Did you know that we’re currently experiencing a rare third consecutive down year in patient starts? It’s something that hasn’t happened in over 40 years. But Chris shared data that suggests we’re on the brink of a recovery.
But we can’t just sit and wait for the tide to turn. There are some practical steps you can take right now to position your practice for success.
Working on efficiency and convenience to considering the strategic advantages of joining an OSO, there’s plenty you can do.
Don’t let your practice get left behind. Listen to the full episode and learn how to ensure your practice not only survives but thrives in the years to come.
Key Takeaways
Intro (00:00)
Economic downturn in orthodontics and historical context (03:49)
Data on patient starts and economic recovery predictions (07:58)
The importance of practice growth and the myths surrounding large practices (12:33)
Financial considerations for joining OSOs and DSOs (23:08)
The current state of OSOs and DSOs in the orthodontic industry (32:41)
Additional Resources
- Connect with Chris Bentson: https://www.bentsoncopple.com/
- Register for the OrthoPreneurs Summit at Sea (2024): https://opsummitatsea.com/
- For more information, visit: https://orthopreneurs.com/
- Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneurs
438 つのエピソード
Manage episode 437874546 series 2499378
As an orthodontist, you’ve probably noticed the pinch—fewer patients starting treatment, more competition, and a general sense of unease about the future.
It’s not just you; the entire industry is feeling it. But here’s the good news: history tells us that this won’t last forever.
To understand what’s happening in our industry, I am joined by one of the most trusted experts in orthodontic practice transitions, Chris Bentson to discuss the current challenges facing orthodontists in this uncertain economic climate.
Did you know that we’re currently experiencing a rare third consecutive down year in patient starts? It’s something that hasn’t happened in over 40 years. But Chris shared data that suggests we’re on the brink of a recovery.
But we can’t just sit and wait for the tide to turn. There are some practical steps you can take right now to position your practice for success.
Working on efficiency and convenience to considering the strategic advantages of joining an OSO, there’s plenty you can do.
Don’t let your practice get left behind. Listen to the full episode and learn how to ensure your practice not only survives but thrives in the years to come.
Key Takeaways
Intro (00:00)
Economic downturn in orthodontics and historical context (03:49)
Data on patient starts and economic recovery predictions (07:58)
The importance of practice growth and the myths surrounding large practices (12:33)
Financial considerations for joining OSOs and DSOs (23:08)
The current state of OSOs and DSOs in the orthodontic industry (32:41)
Additional Resources
- Connect with Chris Bentson: https://www.bentsoncopple.com/
- Register for the OrthoPreneurs Summit at Sea (2024): https://opsummitatsea.com/
- For more information, visit: https://orthopreneurs.com/
- Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneurs
438 つのエピソード
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