Coronavirus impact on dental practices: Top 5 recession rebounding strategies for dentists (Video)
In this discussion with Dr. Pamela Maragliano-Muniz, Dr. Brady Frank’s central theme is how dentists can convert liabilities into assets, such as the staff and overhead expenses. Dr. Frank says he fell in love with implants in 1999, when this area was still a specialty. When he shopped for dental practices following dental school, he quickly realized he had no business training, so he self-educated. He has since shared what he learned with his fellow dentists.
When faced with recently closing dental practices, he focused on what he did during the recession that followed 9/11, and this included buying other practices at very good prices. Dr. Frank found that buying practices at reasonable prices when coming out of a recession is a good way to increase assets and help other dentists. Today he widely promotes DDSOs, dentist-owned dental service organizations.
He also explains what he means by “total dental freedom,” and how dentists can achieve this. Watch here to find out more of Dr. Frank’s post-recession ideas to help dentists thrive.
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Editor's note: To view DentistryIQ's full coverage of the COVID-19 pandemic, including original news articles and video interviews with dental thought leaders, visit the DentistryIQ COVID-19 Resource Center.
Pamela Maragliano-Muniz, DMD, is the chief editor of DentistryIQ. Based in Salem, Massachusetts, Dr. Maragliano-Muniz began her clinical career as a dental hygienist. She went on to attend Tufts University School of Dental Medicine, where she earned her doctorate in dental medicine. She then attended the University of California, Los Angeles, School of Dental Medicine, where she became board-certified in prosthodontics. Dr. Maragliano-Muniz owns a private practice, Salem Dental Arts, and lectures on a variety of clinical topics.