
The Profitable Dentist with Dr. Michael Abernathy
Academy of General Dentistry
00:00
How to Measure Your Dental Practice's Financial Success
Dental student: "You can't manage what you don't measure" Dr. Mike O'Mara says a profit and loss statement is not profit and loss, it's merely a gap document. He suggests seven categories for doctors to look at on their P&L statements. The first one would be what you pay your employees; next is the cost of billing, utilities, telephone bills.
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