Smart Cost Management for Dental Practices
Overhead costs can consume 60-70% of a dental practice's revenue. Here are proven strategies to trim expenses while maintaining—or even improving—care quality.
1. Optimize Your Supply Chain
Join a Group Purchasing OrganizationGPO membership is the single most impactful change most practices can make. TGP members save 20-30% on supplies immediately.
Consolidate SuppliersFewer suppliers = better pricing, simpler logistics, and stronger relationships.
2. Review Your Lab Expenses
- Compare lab costs quarterly
- Consider in-house milling for common restorations
- Negotiate volume discounts
- Explore domestic vs. overseas options
3. Audit Your Subscriptions
Review all recurring expenses:
- Software subscriptions
- Equipment maintenance contracts
- Professional memberships
- Marketing services
Cancel what you don't use. Renegotiate what you keep.
4. Improve Scheduling Efficiency
Reduce no-shows:- Automated reminders (text + email)
- Confirmation requirements
- Waitlist management
- Block scheduling by procedure type
- Streamlined patient flow
- Prepared operatories
5. Energy and Utilities
- LED lighting upgrades
- Smart thermostats
- Equipment power management
- Negotiate utility rates
6. Staffing Optimization
- Cross-train team members
- Review scheduling alignment with patient volume
- Consider automation for routine tasks
- Outsource non-core functions
7. Negotiate Everything
- Rent increases
- Insurance reimbursements
- Credit card processing fees
- Equipment purchases
Track Your Progress
Use practice management software to monitor:
- Supply costs as % of production
- Cost per procedure
- Overhead ratio trends
Get Expert Help
TGP provides complimentary overhead analysis for members. Schedule your consultation to identify your biggest savings opportunities.
