Orthodontic Products Chief Editor Alison Werner talks to Scott Hansen, founder and CEO of Black Bison Group, a practice growth consulting firm focused on orthodontic practices. His firm recently released a guide for orthodontic practices managing the impact of COVID-19. The document provides a host of measures orthodontists can take to protect their practice’s financial future. 

Exploring the guide’s recommendations, Hansen talks about: 

  • why and how doctors should stress test their practices now to understand their financial future;
  • why practice owners should pull down their entire line of credit now, not later;
  • why orthodontists should proactively contact exiting liability holders, from property management companies to key vendors;
  • why practice owners can’t wait for all the information to make the perfect decision;
  • and how practices can generate revenue now while stay-at-home orders are in effect in their states. OP