It's a straightforward question with a not-so-simple answer: does insurance matter in your practice? Kinda. 

Most patients simply don't understand how their insurance works or what benefits they get (and that's exactly what insurance companies want). So how do we offer patients the right treatment while still making sure they can take care of themselves and their care financially? 

That's what we're discussing in today's episode!

Yep, it's true. Dr. Chahine was the only dentist at his practice when he suffered this injury that almost cost him his business!

In addition to finding out how it happened, check out this episode to learn more about how to manage a practice and why you probably shouldn't be the only dentist on staff. 

Dr. Bobbi Stanley and Dr. Phil Chahine head to Puerto Vallarta to talk dentistry, practice profitability, and more with Dr. Lance Timmerman of Working Interferences. Don't miss it!

Do you know how much your dental practice actually makes? Are you sure? Honestly, most dentists don't even know how to calculate this correctly–and that's ok. (And no, it's not price of service–cost of materials and labor). No one teaches us how to run a business in dental school.

In this video, we'll explain exactly how to calculate your dental practice's true operating expenses, profits, and profit margins to ensure you're actually making money. You can't stay in business without it!

Learn more at https://stanleyinstitute.com/courses/the-lucrative-dentist/

Are you actually making the profit you think you're making in your dental practice? The answer might surprise you. If you do a cleaning, you have a margin on that cleaning. Surely, that's profit, right? Not quite.

In this episode of The Lucrative Dentist, we dive into profit to explore fixed vs. variable expenses, profit margins, quarterly taxes, employee incentives, and all things dental practice profit to set you on the path to better business management.

Learn more at https://stanleyinstitute.com/courses/...

We didn't become dentists just for the money. We also didn't do it because we like sticking our fingers in other people's mouths (ok, MOST of us didn't do it for that reason). So why do we get up every day, comb through stacks of resumés, take calls after hours, and get our hands dirty? 

In this pilot episode for The Lucrative Dentist, Drs Bobbi Stanley and Phil Chahine do just that. In addition, they'll discuss the role money plays in allowing us to accomplish our true mission and hint at what this podcast is really all about. 

Let's go!