Chicago Dental Society (CDS) Regional Meeting (Jun 14, 2024)

Chicago Dental Society (CDS) Regional Meeting is organized by Chicago Dental Society (CDS) and will be held on Jun 14, 2024.

Description:
This lecture will touch on how to make your practice more effective in these financial times, what you can expect to see in the economic near future, and basic financial steps you can take to ensure that you will able to be successful throughout your entire dental practice career.

Dr. Huot will go over the basic requirements you will need to ensure practice financial stability, including steps to take now to monitor your practice goals with Key Practice Indicators (KPI).

Steps to ensure your retirement is on track, your family needs are met and protected, including financing for college, what financial “traps” to avoid, and how the economy and health care reform will influence the future of dentistry will all be outlined in a fast-paced discussion with time allowed at each section to ask questions.

Topics such as associateships, mergers, buying and selling practices will be discussed, as well as what you can do with your current office to position it for the next decade and beyond.

Topic: Survival of the Fittest: Navigating the Next Decade's Economic Landscape

Learning Objectives:

• Attendee will be able to identify basic economic business cycles, and how it affects dentistry.
• Attendee will gain knowledge on how to identify key office financial indicators that enable productivity and profit.
• Attendee will have a clear understanding of what financial and insurance options are available to the dentist for their retirement and estate planning needs.
• Attendee will be able to identify if their practice is a candidate for merger or acquisition for growth and/or transition.