{"id":11544,"date":"2023-03-07T13:57:13","date_gmt":"2023-03-07T18:57:13","guid":{"rendered":"https:\/\/www.michigandental.org\/?page_id=11544"},"modified":"2025-07-02T12:25:18","modified_gmt":"2025-07-02T16:25:18","slug":"how-do-practice-financials-relate-to-practice-profit","status":"publish","type":"page","link":"https:\/\/www.michigandental.org\/ce-courses\/mda-online-ce\/how-do-practice-financials-relate-to-practice-profit\/","title":{"rendered":"How Do Practice Financials Relate to Practice Profit?"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row showfor=&#8221;not_logged_in&#8221;][vc_column][vc_column_text css=&#8221;&#8221;]<strong>Recorded Seminar<\/strong><\/p>\n<h3>How Do Practice Financials Relate to Practice Profit?<\/h3>\n<p><strong><img decoding=\"async\" class=\"size-full wp-image-19454 alignright lazyload\" data-src=\"https:\/\/www.michigandental.org\/wp-content\/uploads\/2024\/09\/Houlihan21.png\" alt=\"Dr. Patrick Houlihan\" width=\"149\" height=\"152\" data-id=\"19454\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 149px; --smush-placeholder-aspect-ratio: 149\/152;\" \/>Speaker:<\/strong> Patrick Houlihan, DDS<br \/>\n<strong>Fee:<\/strong> $50 MDA DDS and Staff; $75\/Nonmember DDS<br \/>\n<strong>CE Credits:<\/strong> 1<\/p>\n<p><a class=\"btn-grn2\" href=\"https:\/\/ebusiness.ada.org\/meetings\/MeetingPo3.aspx?ID=47946&amp;PO3ORGAPICODE=MI000D5A765D7A6\" target=\"_blank\" rel=\"noopener\">Register Now<\/a><\/p>\n<p>A dental practice is just like every other small business: it has to make a profit to survive. The more profit it makes the better it will be for patients, staff, and eventually the doctor(s). But is making a profit moral? This webinar will look at the typical costs associated with a dental office, the numbers that should be track, and how often those numbers should be viewed and by whom.<\/p>\n<p>Learning objectives:<\/p>\n<ul>\n<li>Discover the typical overhead expenses and what percentage of collection should they be in order to assure profitability.<\/li>\n<li>Find the difference between hard and soft expenses.<\/li>\n<li>Learn how to minimize costs through budgets, purchasing responsibilities\/procedures, and constant monitoring.<\/li>\n<\/ul>\n<p><strong><img decoding=\"async\" style=\"--smush-placeholder-width: 100px; --smush-placeholder-aspect-ratio: 100\/79;margin-left: 8px; margin-right: 8px; float: right; width: 96px; height: 75px;\" title=\"\" data-src=\"https:\/\/www.michigandental.org\/wp-content\/uploads\/2021\/05\/CDBP-Logo_100.png\" alt=\"\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" \/>This course counts toward the Certified Dental Business Professional program.<\/strong> Earn 1 credit in the<br \/>\nOffice Finances category. <a href=\"\/CDBP\">Click here<\/a> for more information on the MDA Certified Dental Business Professional program. Look for this logo for other CDBP-qualifying courses.<\/p>\n<p><em>Co-sponsored by MDA Insurance and MDA Services.<\/em><\/p>\n<p><strong>About the Speaker \u2026<\/strong> Dr. Patrick Houlihan graduated from the University of Detroit School of Dentistry also holds degrees in microbiology, psychology, and business. He has completed residencies in both orthodontics and dental implants, and is co-owner of a dental practice in Burton, Mich. Dr. Houlihan has also worked as a dental practice consultant with over 150 successful practice transitions.[\/vc_column_text][\/vc_column][\/vc_row][vc_row showfor=&#8221;discarded_user_roles&#8221; discarded_user_roles=&#8221;practice_financials_relate_to_practice_profit&#8221;][vc_column][vc_column_text css=&#8221;&#8221; showfor=&#8221;discarded_user_roles&#8221; discarded_user_roles=&#8221;practice_financials_relate_to_practice_profit&#8221;]<strong>Recorded Seminar<\/strong><\/p>\n<h3>How Do Practice Financials Relate to Practice Profit?<\/h3>\n<p><strong><img decoding=\"async\" class=\"size-full wp-image-19454 alignright lazyload\" data-src=\"https:\/\/www.michigandental.org\/wp-content\/uploads\/2024\/09\/Houlihan21.png\" alt=\"Dr. Patrick Houlihan\" width=\"149\" height=\"152\" data-id=\"19454\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 149px; --smush-placeholder-aspect-ratio: 149\/152;\" \/>Speaker:<\/strong> Patrick Houlihan, DDS<br \/>\n<strong>Fee:<\/strong> $50 MDA DDS and Staff; $75\/Non-member DDS<br \/>\n<strong>CE Credits:<\/strong> 1<\/p>\n<p><a class=\"btn-grn2\" href=\"https:\/\/ebusiness.ada.org\/meetings\/MeetingPo3.aspx?ID=47946&amp;PO3ORGAPICODE=MI000D5A765D7A6\" target=\"_blank\" rel=\"noopener\">Register Now<\/a><\/p>\n<p>A dental practice is just like every other small business: it has to make a profit to survive. The more profit it makes the better it will be for patients, staff, and eventually the doctor(s). But is making a profit moral? This webinar will look at the typical costs associated with a dental office, the numbers that should be track, and how often those numbers should be viewed and by whom.<\/p>\n<p>Learning objectives:<\/p>\n<ul>\n<li>Discover the typical overhead expenses and what percentage of collection should they be in order to assure profitability.<\/li>\n<li>Find the difference between hard and soft expenses.<\/li>\n<li>Learn how to minimize costs through budgets, purchasing responsibilities\/procedures, and constant monitoring.<\/li>\n<\/ul>\n<p><strong><img decoding=\"async\" style=\"--smush-placeholder-width: 100px; --smush-placeholder-aspect-ratio: 100\/79;margin-left: 8px; margin-right: 8px; float: right; width: 96px; height: 75px;\" title=\"\" data-src=\"https:\/\/www.michigandental.org\/wp-content\/uploads\/2021\/05\/CDBP-Logo_100.png\" alt=\"\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" \/>This course counts toward the Certified Dental Business Professional program.<\/strong> Earn 1 credit in the<br \/>\nOffice Finances category. <a href=\"\/CDBP\">Click here<\/a> for more information on the MDA Certified Dental Business Professional program. Look for this logo for other CDBP-qualifying courses.<\/p>\n<p><em>Co-sponsored by MDA Insurance and MDA Services.<\/em><\/p>\n<p><strong>About the Speaker \u2026<\/strong> Dr. Patrick Houlihan graduated from the University of Detroit School of Dentistry also holds degrees in microbiology, psychology, and business. He has completed residencies in both orthodontics and dental implants, and is co-owner of a dental practice in Burton, Mich. Dr. Houlihan has also worked as a dental practice consultant with over 150 successful practice transitions.[\/vc_column_text][\/vc_column][\/vc_row][vc_row showfor=&#8221;selected_user_roles&#8221; selected_user_roles=&#8221;practice_financials_relate_to_practice_profit&#8221;][vc_column][vc_video link=&#8221;https:\/\/youtu.be\/6V_wsCTpLbE&#8221; align=&#8221;center&#8221;][vc_column_text]<\/p>\n<div align=\"center\">\n<p><a class=\"button\" href=\"\/CE-Courses\/MDA-Online-CE\/how-do-practice-financials-relate-to-practice-profit\/Quiz\">Take the Quiz<\/a><\/p>\n<\/div>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row showfor=&#8221;not_logged_in&#8221;][vc_column][vc_column_text css=&#8221;&#8221;]Recorded Seminar How Do Practice Financials Relate to Practice Profit? Speaker: Patrick Houlihan, DDS Fee: $50 MDA DDS and Staff; $75\/Nonmember DDS CE Credits: 1 Register Now A dental practice is just like every other small business: it has to make a profit to survive. The more profit it makes the better it [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"parent":3152,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","protect_children":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-11544","page","type-page","status-publish","hentry"],"acf":[],"publishpress_future_action":{"enabled":false,"date":"2025-11-17 17:17:29","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.michigandental.org\/wp-json\/wp\/v2\/pages\/11544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.michigandental.org\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.michigandental.org\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.michigandental.org\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.michigandental.org\/wp-json\/wp\/v2\/comments?post=11544"}],"version-history":[{"count":2,"href":"https:\/\/www.michigandental.org\/wp-json\/wp\/v2\/pages\/11544\/revisions"}],"predecessor-version":[{"id":22767,"href":"https:\/\/www.michigandental.org\/wp-json\/wp\/v2\/pages\/11544\/revisions\/22767"}],"up":[{"embeddable":true,"href":"https:\/\/www.michigandental.org\/wp-json\/wp\/v2\/pages\/3152"}],"wp:attachment":[{"href":"https:\/\/www.michigandental.org\/wp-json\/wp\/v2\/media?parent=11544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}