“Twelve Action Steps to Assure Healthy Practice Growth in Any Economy”

By Michael D. Goldstein, DDS, FAGD President, Goldstein Management

Today, there are more challenges than ever before to dentists wanting to increase, or even maintain, their profitability. Many dentists are generating fewer new patients and lower net profits than they have in years past. Many patients are struggling with smaller salaries, smaller or no dental insurance benefits, or complete loss of employment. The net effects are fewer dental appointments and decreased revenue in many dental offices.

My name is Dr. Michael Goldstein. As a practicing dentist for more than 40 years, I’ve certainly seen my share of economic downturns, but interestingly enough, I learned how to successfully grow my own dental practice through both good and bad financial times. It had gotten to the point where the economy made absolutely no difference to me. Some of the systems I put into place actually worked better in a down economy!