Why Doing LESS Dentistry Can Make You MORE Money.
Learn from Dr. David Park, CEO of Clear Lakes Dental Franchise, as he shares how you should focus on instead to create a profitable, sustainable practice while keeping balance in your life.
What Is Opportunity Cost in Clinical Dentistry?
Learn from Dr. David Park, CEO of Clear Lakes Dental Franchise, as he shares how dentists of all ages can successfully start and own their own clinics today.
If you’re performing every type of procedure in your practice, you may not be earning at your highest potential. Opportunity cost is the value of the next best alternative that you forgo when making a choice — in dentistry, that means the procedures you choose to do. Every procedure takes time, so optimizing your schedule for your highest ROI procedures can significantly increase your revenue.
For example, spending an hour doing a crown versus an hour extracting teeth and delivering dentures may seem comparable at first. But when you calculate the profit after lab fees and materials, you’ll quickly see the difference. By understanding opportunity cost, dentists can focus on the treatments that maximize both their income and patient satisfaction.
Focus on the Procedures You Do Best
Learn from Dr. David Park, CEO of Clear Lakes Dental Franchise, as he shares how dentists of all ages can successfully start and own their own clinics today.
Many dentists pride themselves on “doing everything” — crowns, fillings, root canals, extractions, dentures, implants — but this can actually reduce efficiency and earnings. Focusing on your strongest procedures allows you to deliver faster, higher-quality work, increase patient satisfaction, and generate more revenue.
Delegation is key. By assigning less profitable or time-consuming procedures to dental therapists or referring out specialty cases, you free up your time for high-value treatments. Not only does this improve your bottom line, but it also reduces stress and prevents burnout.
Delegate Smartly to Maximize Your Dental Practice Revenue
Learn from Dr. David Park, CEO of Clear Lakes Dental Franchise, as he shares how dentists of all ages can successfully start and own their own clinics today.
Delegation doesn’t just save time — it increases profitability. By having team members perform procedures like fillings, preventive care, or routine work, dentists can focus on high-revenue treatments they excel at. This strategy also enhances patient care because procedures are done by the most qualified person for the task.
Patients rarely complain about referrals if you handle them transparently. In fact, delegation allows you to concentrate on what you do best, leading to happier patients, higher efficiency, and greater profits. Using this approach consistently can allow you to invest in your team, your clinic, or personal assets like real estate or stocks — all while enjoying your dental career more.
