Positioning Your Practice for a Successful Transition: Why Cost Management & Practice Profitability Matter

As an independent dental owner, you’ve spent your career devoting your time, energy and resources into your practice. While it might be tempting to coast into retirement, it’s more important than ever to focus on cost reduction and efficiency efforts for your practice. This will ensure your practice is best positioned for a transition and that you’ll receive the maximum financial benefit from an eventual sale. Effectively (and sustainably) increasing your practice profitability requires a dual-approach: Maximizing productivity & reimbursement […] Read More...

Ways To Boost Your Profitability Through An Effective Supply Chain Strategy

Brian Heyndrickx, Independent Dental Solutions Co-Founder & Chief Executive Officer Prior to launching Independent Dental Solutions (IDS), a Group Purchasing Organization (GPO) for private dental practices, I worked in medical distribution for more than 20 years. Like many other industries, medical offices, surgery centers and hospitals rely on an effective supply chain and procurement strategy to manage their operating expenses and stay competitive within the market (I define supply chain and procurement as everything a dental practice needs to run […] Read More...