How Dental Practices Reduce Costs and Grow EBITDA with Spendly episode artwork

EPISODE · Feb 14, 2025 · 36 MIN

How Dental Practices Reduce Costs and Grow EBITDA with Spendly

from The Dental Wealth Nation Show with Tim McNeely · host Timothy J McNeely, CFP, CIMA

To reduce dental practice costs and grow EBITDA, most owners look at production first — but the faster lever is often on the expense side. In this episode, Tim McNeely and the team from Spendly break down how dental practices are finding significant margin improvement without adding a single patient. What you'll hear: The specific expense categories where dental practices consistently overpay How Spendly's approach helps practices reduce costs without disrupting operations The direct relationship between expense reduction and EBITDA — and why it matters at exit What a 5–10% cost reduction means for your practice valuation multiple If you're preparing for a DSO conversation or a private sale, EBITDA is the number that drives your multiple. This episode shows you how to move it. Learn more and connect with Tim at timmcneely.com Connect with Tim McNeely: Website: https://timmcneely.com Take the Advisory Gap Assessment: https://timmcneely.com/exit-assessment Book an Exploratory Call: https://timmcneely.com/contact Tim McNeely, CFP® CIMA® CEPA® CPFA®, is a wealth advisor and exit strategist serving dental entrepreneurs with $5M–$25M practices. He specializes in exit architecture — coordinating tax strategy, deal structuring, estate planning, and advisory team alignment around the largest financial event of a dentist's career. He operates LifeStone, a LifeStone for dental entrepreneurs.   The Dental Wealth Nation Show is produced by LifeStone. New episodes weekly. Connect with Tim McNeely: Website: https://timmcneely.com Take the Advisory Gap Assessment: https://timmcneely.com/exit-assessment Book an Exploratory Call: https://timmcneely.com/contact Tim McNeely, CFP® CIMA® CEPA® CPFA®, is a wealth advisor and exit strategist serving dental entrepreneurs with $5M–$25M practices. He specializes in exit architecture — coordinating tax strategy, deal structuring, estate planning, and advisory team alignment around the largest financial event of a dentist's career. He operates LifeStone, a Virtual Family Office for dental entrepreneurs.   The Dental Wealth Nation Show is produced by LifeStone. New episodes weekly.

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How Dental Practices Reduce Costs and Grow EBITDA with Spendly

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