AAO 2020 Virtual Meeting
Sunday, May 3, 2:50pm-6:00pm/CST
Updated Look at the Business of Orthodontics: Mastering the Patient Journey, Trends and Creating Synergy (3-Speaker Event)
Sponsored by: AAOF
Presented by: Ryan Moynihan, Chris Bentson, & John McGill
Part 1: Mastering the Patient Journey: Mapping Success and Profitability Using Business Intelligence and Data Visualization
Presented by: Ryan Moynihan
Time: 2:50pm - 3:50pm/CST
In today’s changing oral health market, practice owners must take on the CEO role to drive operations, efficiencies, profitability, and strategy. The words “patient” and “consumer” have become nearly synonymous which underscores the need to think like business leaders. To thrive, data analysis, business intelligence, and insights are requirements for successful decision making. While “big data” has been around for some time, the problem that we continue to face, is what to do with it all.
Part 2: Trends for the Next Decade, Practice Modality Options, Valuation Norms
Presented by: Chris Bentson
The direction of the market is important to understand. This presentation will suggest five major shifts to consider for the next decade. Some of these trends will affect the way we practice and who we practice with. More options are available today than ever before. The value of a practice has many components and this presentation will highlight key factors in valuation outcomes, which will be useful to orthodontists in all phases of their practice life cycle.
Part 3: Create the Synergy for Your Financial Success
Presented by: John McGill
5:00pm - 6:00pm/CST
In the rapidly changing orthodontic world, you must develop a proactive plan to achieve financial independence. This requires integrating improving practice profitability, transitioning your practice, reducing taxes, developing a spending plan, and protecting your family - all in a coordinated gameplan.
Just wanted to say thank you for your presentation yesterday. I thought it was great and provided us with a great perspective.
-David E. Walker, D.D.S.
On behalf of the Cleveland Society of Orthodontists, I want to tell you how much we enjoyed your presentation on Business Succession Planning. Our members who attended spoke favorably about the information you presented and were glad they attended. Your lecture brought new insights and valuable information to our profession; I would imagine they will all put some of your ideas into practice.
-Lorraine Mollohan, Executive Director