Understanding Overhead and What It Means to Your Practice
COURSE NUMBER: 999
Roger P. Levin, DDS
Credit Hours:
1 Hour(s)
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Dental practices are businesses, and every business has expenses that are essential. However, as a business, it is your responsibility to regularly review overhead costs and work on reductions. This course will explain dental practice overh...
Overview
Dental practices are businesses, and every business has expenses that are essential. However, as a business, it is your responsibility to regularly review overhead costs and work on reductions. This course will explain dental practice overhead and provide ten ways to reduce expenses and improve overhead percentage.
Overhead is one of those factors that ultimately determines the success and profitability of a dental practice. Historically, dental practice overhead grew very slowly. In 2022 however, significant inflation occurred due to several factors, including staffing costs and accelerating technology expenses. In managing overhead, practices must track targets or key performance indicators (KPIs). There are recommended targets that represent a healthy amount of overhead (or expenses) for a practice.
Intended Audience:
Dentists, Dental Hygienists, Dental Assistants, Dental Students, Dental Hygiene Students, Dental Assisting Students, Office Managers
Live Webinar Date
Sep 16, 2024
Course Expiration Date:
Jun 3, 2027
Cost:
Free
Method:
Live Webinar
AGD Subject Code(s):
550
Technical Requirements:
Stable internet connection and the latest version of browser and device software are recommended.
Learning Objectives
Upon completion of this course, the dental professional should be able to:
- Understand the role that overhead plays as a key performance indicator in a dental practice.
- Identify when overhead is higher than recommended.
- Understand why overhead rises faster in an inflationary period or poor economy.
- Learn the 10 key proven methodologies to lower overhead in a dental practice.
Disclaimers
P&G is providing these resource materials to dental professionals. We do not own this content nor are we responsible for any material herein.
Participants must always be aware of the hazards of using limited knowledge in integrating new techniques or procedures into their practice. Only sound evidence-based dentistry should be used in patient therapy.
Note: Registration is required to take test.
Submission Information
Academy of General Dentistry (AGD) Submission For credit transfers to appear in your AGD account in real time, make sure to add your AGD membership number in the field provided on the “Share Your Test Score” page.
CE Broker For all states that use CE Broker for licensure, “proof of completions” are electronically reported the first of every month. If a course was taken in November, the “proof of completion” will be submitted the beginning of December.
Recognition
Approved PACE Program Provider
THE PROCTER & GAMBLE COMPANY
Nationally Approved PACE Program Provider for FAGD/MAGD credit.
Approval does not imply acceptance by any regulatory authority or AGD endorsement.
8/1/2021 to 7/31/2027
Provider ID# 211886
AADH Approved Program Provider
Procter & Gamble is designated as an approved Provider by the American Academy of Dental Hygiene, Inc. #AADHPGC (January 1, 2024-December 31, 2025). Approval does not imply acceptance by a state or provincial Board of Dentistry. Licensee should maintain this document in the event of an audit.