Effective and Efficient Dental Practice Management
Effective and Efficient Dental Practice Management
A comprehensive approach to practice management with tips on accounting, systems, checklists, leadership, marketing, social media and more.
Blog By:
Chris Brown
Chris Brown

Dental Practice Overhead Breakdown

Dental Practice Overhead Breakdown

12/17/2018 8:49:49 AM   |   Comments: 0   |   Views: 297

As dental CPAs, we have found that when doctors and team members know how to read an income statement, the practice is likely to know how to operate more efficiently. As Warren Buffet has said, “Accounting is the language of business.” You either learn it or dismiss it at your peril. The numbers tell a story. In this article, we will review what an income statement is, the main expense categories, and how to interpret the numbers to create an actionable game plan for your team.

We have found that, regardless of the amount of monthly revenue, dentists who control costs can keep their overhead in the 50th percentile, before paying themselves. Continue to learn about Elevate's dental practice overhead breakdown.

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