Posted on January 5, 2022
Running an orthodontic practice can be a huge challenge. Not only do you need to provide standout services to your patients, but you’ll also need to market and manage your practice effectively to facilitate long-term growth.
For many orthodontic professionals, that task can seem overwhelming. You might not even know where to start. And if the need for orthodontic practice management is holding you back, it may be time to bring in the experts.
Let’s take a closer look at orthodontic consulting and what it can do for your practice.
You can think of orthodontic consulting as a type of business consulting that’s specifically geared toward dental practices.
An ortho consulting group will conduct competitive analyses, study industry trends, and crunch the numbers for your business to determine your challenges and strengths.
From there, your orthodontic consulting group will develop a strategic growth plan for your practice that will help grow your patient roster, revenue, and overall profits.
An orthodontic consulting firm will work alongside your staff to implement that plan, follow best practices, reach your goals, and monitor your progress.
Essentially, orthodontic consultants will provide the expertise you need to achieve your aims of helping more patients, bringing in profits, and building a successful practice.
With all that in mind, why might you want to bring in consultants for your practice?
Consider the fact that the average practice loses anywhere from 10% to 30% of its patients each year. While there are a number of factors that may cause attrition, you’ll need to anticipate these losses by actively growing your practice.
When you’re caught up in the day-to-day responsibilities of service provision, it’s difficult to devote adequate time to new patient acquisition.
What’s more, you might not have the knowledge and skills needed to grow your practice on your own. You’re a highly skilled orthodontic professional, not a business expert or marketing guru.
Rather than hire someone in-house and potentially give up control of your practice, you can hire a consulting firm to develop and implement a sustainable growth plan behind the scenes.
Ultimately, this move is typically more cost-effective and can subsequently help grow your profits significantly.
We know how difficult it can be to grow your practice on your own. With our support, you can achieve your goals without sacrificing the quality of your services. To learn more, please get in touch with OrthoSynthetics today.