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By Spiro Leunes, CPA | CEO, MRL Advisory Group New Jersey & New York Dental CPAs For many dentists, practice ownership is the single largest financial decision of their career. Eventually, every dentist who wants ownership reaches the same crossroads: do you buy an existing practice or build one from scratch? In New York and New Jersey, that decision carries significantly more financial risk than it does in lower-cost parts of the country. Aggressive competition, high occupan

By Spiro Leunes, CPA – CEO MRL Advisory Group New Jersey & New York Dental CPAs Helping Practice Owners Maximize Profitability Dental practices are seeing higher costs and tighter profit margins. PPOs are reducing reimbursements; labor costs continue to increase as do the costs of dental supplies are laboratory bills. The answer to better profitability isn’t always adding more patients. The answer may be to change your procedural offering. Every patient that you refer t

In working with dental practices across New Jersey and New York, I see the same pattern repeatedly. The practice is busy. The schedule looks full. But profitability isn’t where it should be. The problem is rarely clinical, it’s operational. Here are the five practice management fundamentals that separate practices that are merely busy from practices that are actually profitable. 1. Build Your Schedule Around Production Targets, Not Just Appointments The schedule is your most