From Overhead to Opportunity: Virtual Teams Boost Dental Practice Profitability for Dentists
Shared Practices | Your Dental Roadmap through Practice Ownership
Dr. George Hariri | Shared Practices Network
4.9 • 559 Ratings
🗓️ 25 August 2025
⏱️ 40 minutes
🧾️ Download transcript
Summary
For a future dental practice owner, the reality of shrinking margins is harsh. With insurance fees stagnant and labor costs skyrocketing, achieving dental practice profitability is incredibly difficult. Richard Low and Cory Pinegar, founder of Reach, explain how an international virtual workforce is the ultimate survival guide. Moving from a stressed clinician to an empowered CEO requires delegation. Elite dental practice management dictates that you can no longer overpay for routine administration.
If your front desk is buried, your dental practice profitability bleeds. Cory reveals shocking data: the average office misses 32% of inbound calls and abandons $2.4 million in unscheduled treatment. To execute scalable dental business strategies, systematically outsource these bottlenecks:
-Insurance Verification: End hours spent on hold.
-Revenue Cycle Management: Delegate claims and billing.
-Call Capture: Use bilingual virtual assistants to secure leads.
Using these dental growth strategies instantly slashes overhead. Replacing a U.S. administrative package with a HIPAA-compliant virtual team member saves $24,000 annually. In financial management for dentists, adding $24k to your bottom line at a 5x multiple raises your practice value by $125,000 overnight. Guarantee sustainable dental practice growth and maximize your dental practice profitability by engineering a highly efficient operation.
Ready to take the next step in your dental practice journey? Visit https://sharedpractices.com to learn more about our Buyer Representation and Coaching services, designed to help dentists buy, grow, and optimize profitable practices. You can also use our Free Look to evaluate dental practice opportunities with real data before making a decision. For daily Dental Moneyball insights, strategy tips, and updates, follow us across our social channels.
Transcript
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| 0:00.0 | Welcome to the Shared Practices podcast. |
| 0:05.0 | I am here with what feels like a good friend. |
| 0:08.0 | We've kind of interacted with each other in different spaces over the years, |
| 0:12.0 | and I didn't know the full story. |
| 0:14.0 | I'm actually blown away before this interview even started. |
| 0:17.0 | So I think you guys are going to enjoy the conversation that we have here today. |
| 0:21.6 | I have with me, Corey Pinninger from Reach on the line, excited to talk about a personal favorite |
| 0:30.2 | topic these days, which is hiring amazing, amazing talent from other places other than the United |
| 0:36.8 | States and getting them to take massive |
| 0:39.1 | workloads off of you and your team, your dental practice, and really deal with kind of the labor |
| 0:45.5 | problems we have here in the United States in some creative ways. |
| 0:48.8 | So Corey, welcome to the show. |
| 0:50.8 | Reg, thanks for having me on, man. |
| 0:52.3 | This is really cool. |
| 0:53.3 | Well, you know, tell me a little bit about yourself for the audience and Reach. And beforehand, you were telling me the origin story. And I'd love to hear how this has grown and evolved on air. But yeah, tell us a little bit about you first. Yeah. So I'm Corey Pinniger. I'm'm our founder here at reach and for the worst and best |
| 1:13.7 | uses of it just a born and bred entrepreneur i got my first chances you know richard just mentioned |
| 1:19.7 | to buy a business when i was 22 years old and fell in love with the adrenaline and pressure of it. And so for the last nine years, I've been |
| 1:30.3 | doing the same grind in different industries and in different ways, but thoroughly love |
| 1:37.1 | what I do because we get to solve real problems and win games and build businesses as a team. |
| 1:43.8 | I love it. Tell us a little bit about what are you into? What do you know, if and when you ever had free time other than build businesses, what do you like to do? I am a tennis and golf player in the summer. Not good. Wish I was good. And then a skier in the winter. Okay. Awesome. The good old Utah trifecta. Right. You get the weather and you've got the mountains, you've got all three. I'm in Indiana. I moved from Utah when I was 11, and I've missed my mountains ever since. Midwest living is a whole heck of a lot cheaper than Utah now. There's all the silicon slopes. It's crazy what's happened. It's insane. Prices are out of control. Or, you know, compared to California, East Coast, West Coast, Utah is now like creeping up with those guys. But Indiana, I miss my mountains, so I'm glad you love them and that you're taking full advantage. Yeah. Well, cool. Tell us a little bit about REACH. Tell us about what REACH does right now because it's evolved over the years. |
| 2:39.0 | Yeah. |
| 2:40.0 | So you said something interesting there. |
... |
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