Gary KadiHelping Dentists Build Profitable Practices That Deliver Time Freedom, Clarity, and Sustainable Growth

Embrace Market Evolution

Name: Embrace Market Evolution
Uploaded: 2024-07-09T22:32:10+00:00
Duration: 35 s
Channel: Gary Kadi
Description: Gary Kadi explains how medical and dental practices can thrive despite market shifts. Five years ago, capital became cheaper and easier to access, but…

9 Jul 2024 · 1 min

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0:35

Gary Kadi explains how medical and dental practices can thrive despite market shifts. Five years ago, capital became cheaper and easier to access, but financing costs have since doubled or tripled. Small practice groups of 4-5 doctors formed to compete, then brought in outside help when they struggled.

Questions this video answers

About five years ago (before the pandemic had started to take legs).

Approximately $50–60 million.

A percentage that is like double or triple what they were paying before.

Chapters

There's still a great, great opportunity out there for practices. You just need to understand the changing landscape. When we first started, this really ramped up probably five years ago, before the pandemic had started to take legs, right? We really got to see that money was like a commodity. It was like no cost to it. Now you're using 50, 60 million dollars and you're paying a percentage that is like double or triple what you were paying before. There was a lot of individual doctors that said, hey, I'm just going to start my own deal. Cso. Then what happened was they would get four or five practices and they come to us because they're in a fledgling position.