The Thriving Dentist Show

Seven Goals of a Thriving Practice

Aug 13, 2025
Explore seven transformative goals to elevate your dental practice, focusing on profitability and work-life balance. Discover strategies for effective financial management and the importance of building a strong team. Hear vital clinical tips for handling emergency cases and learn about the roles of marketing and SEO in patient acquisition. Gain insights on achieving financial independence while managing overhead costs. Finally, understand how structured approaches can foster both professional success and personal well-being.
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ADVICE

Manage Necrotic Emergencies Carefully

  • If you can't complete a root canal on a necrotic tooth, open access but do not insert small files.
  • Avoid pushing bacteria apically by not using a #10K file when time is insufficient.
INSIGHT

Seven Interconnected Practice Goals

  • A thriving practice follows seven interconnected goals that together drive profit and satisfaction.
  • Gary Takacs says these goals act like ingredients in a dish where each matters to the final outcome.
ADVICE

Profit Targets: Overhead And EBITDA

  • Solo practices should target overhead ≤60%, ideally 50%.
  • Multi-doctor practices should target EBITDA ≥20%, ideally 30%, after paying doctors about 30% of collections.
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