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How Procurement Can Increase Dental Practice Revenue

Tooth Fairy_Accountant

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How Procurement Can Increase Dental Practice Revenue

5 просмотров · 7 дней назад
Tooth Fairy_Accountant
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5 просмотров · 7 дней назад
In this episode of the Tooth Fairy Podcast, Alliah Hamid speaks with Rasnaam Tiwana, founder of Dentstock, about one of the biggest hidden profit leaks in dental practices: procurement. Practice owners often focus on increasing revenue, attracting more patients, improving conversions and tightening diaries - but the money quietly leaving the business through supplies, ordering systems, supplier choices and poor purchasing habits can have a major impact on profitability. Rasnaam explains how Dentstock, a dental group purchasing organisation, helps independent practices and growing dental groups use collective buying power to reduce costs, improve visibility over spending and simplify the ordering process. They discuss why rising staff costs, lab costs and utilities make procurement one of the few areas where practices may still be able to make meaningful savings without compromising patient care. The episode also covers common mistakes practice owners make, why “my supplier already looks after me” may not always mean you are getting the best deal, how practices can save time on ordering, and why reducing costs does not necessarily mean reducing quality. A practical conversation for dental practice owners who want to protect profit, reduce waste and get better control over what is leaking out of the business. Based on the final transcript.