Accumulating Wealth Cain Watters

Knowing how your practice’s averages compare against similar ones can offer invaluable insight into the areas of your practice that could use improvement. The guys are joined by a guest to dive into the new How Does Your Practice Compare? Report, from how the data is gathered, what it all means and how you can use it to propel your numbers this year.
 
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How Does Your Practice Compare? Report




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When the time is right, selling your business is one of the best ways to contribute to building your wealth. But with so many different avenues for selling your practice, how do you know what way will work best for you? Hunter and Judson dive into the three main ways to sell your practice: walkaway sales, traditional partnerships and DSOs. 
 
LINKS 
NDP Transition Talk Podcast 

CWA Practice Transition Seminar 

CWA DSO Transition Seminar 




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In the last year, more than 500 new ETFs were launched. But not all of them were well-strategized, fee-reducing funds. A guest joins this episode to talk through some of the worst and best ETFs of last year, the updated HSA contribution limits for this year, and the latest news on CPI rates. 
 
LINKS 
Morning Star Article: The Best and Worst New ETFs of 2023 

Apollo Article: Fed Hikes Having a Smaller Negative Effect on the Economy 



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The patient experience isn’t limited to the services they receive. Instead, it encompasses the start-to-finish process of interacting with the dental staff, being valued as a person and building trust with the doctor. Dr. Michael Sonick joins the guys to share his experience treating people, not patients, and how emphasizing hospitality in your practice can help you better serve your patients.  
 
LINKS 
Dr. Michael Sonick Blog 

Treating People Not Patients Book 


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Pediatric practice profitability stalled last year, leaving many doctors wondering, “Where do I go from here?” The new Pediatric Comparison Report is here, and the guys are diving into the numbers to give insight into optimizing your practice. With the help of a special guest, they dig into production per provider, where average overhead stands, and why marketing is more important than ever. 
 
LINKS 
Pediatric Comparison Report

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Unlike actual fishing, tax phishing schemes can be devastating for the taxpayer that falls for a scammer’s bait. The IRS released the Dirty Dozen list for this year, warning on everything from tax advice from social media, fake charities and tempting tax deductions. The guys discuss the too-good-to-be-true tax offers to be on the lookout for.
 
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