In this episode of "The DrBicuspid.com Podcast," Kevin Henry speaks with Dr. Lou Graham about the importance of group purchasing organizations (GPOs) in the dental industry.
They discussed how GPOs can help dentists save money, improve their business operations, and address current challenges, such as staffing shortages and insurance reimbursement issues. Dr. Graham emphasized the value of joining a GPO like Catapult Grow, which offers personalized onboarding, cost savings, and educational opportunities for dental practices.
Learn more about Catapult Grow at this special link for DrBicuspid.com readers and listeners. Additionally, DrBicuspid readers can get a free month with Catapult Grow by using the coupon code BICUSPID.
Note: At present, Catapult Grow is only available to dental practices in the U.S.
Podcast takeaways
- GPOs provide collective buying power for dentists.
- Dentists need to adapt to changing market dynamics.
- Inflation and rising overhead are significant challenges.
- Staffing shortages are a critical issue in dentistry.
- GPOs can help negotiate better reimbursement rates.
- Joining a GPO can lead to substantial cost savings.
- Personalized service is a key benefit of GPOs.
- No long-term contracts make GPOs flexible for dentists.
- Education and training opportunities are available through GPOs.
The comments and observations expressed herein do not necessarily reflect the opinions of DrBicuspid.com, nor should they be construed as an endorsement or admonishment of any particular idea, vendor, or organization.