Meet the Financial Challenge of Managing a Practice | Richard Huot DDS | The Dental Brief #157

Today we are joined by Dr. Richard Huot of Beachside Dental Consultants to discuss Meeting the Financial Challenge of Managing a Successful Practice Today and much more!

Dr. Richard Huot is the founder of Beachside Dental Consultants, Inc., and started his consulting firm in 2004.
He has lectured at many meetings on topics such as leadership issues, dental practice career transitioning, common sense office design, proper insurance coding, financial planning, and buying/selling dental practices. His articles have been featured in Dental Products Report, Dental Economics, Dentistry Today, Dental Practice Report, ADA News, AGD Impact, and other state dental journals.

Dr. Huot retired from the USAF Reserve Dental Corps, after 30 years of military duty, and his last assignment was as the Commander of the 920th Aeromedical Staging Squadron at Patrick AFB, Florida. Dr. Huot was a private practice owner from 1985 to 2008, and still practices clinical dentistry today on a per diem basis.

Dr. Huot served on the ADA ADPAC board from 2008-2012 and was Treasurer in his last year. He then was on the ADA Council of Government Affairs and is also a member of the ADA Standards Committee for Dental Informatics (SCDI) and serves as chair of the Council on Insurance and Retirement Plans (CMIRP).

A past president of the Maine Dental Association in 1994, and the 2006 President of the Atlantic Coast District Dental Association in Florida, Dr. Huot is a Fellow in the American College of Dentists, the International College of Dentists, the Academy of General Dentistry, and the Pierre Fauchard Academy. He served on the Florida Dental Association Board of Trustees and as ADA Vice President for two years. Dr. Huot was recently appointed to the AGD Council on Legislative and Government Affairs.

He graduated from the College of Financial Planning in 1996, and is currently enrolled in the Chartered Financial Consultant program at the American College of Financial Services.

Want to learn more about Beachside Dental Consultants, Inc.?
Visit: http://www.militarydentist.com/

0:00 Introduction
2:24 Does 1980’s Dental School Apply to Modern Dentistry
4:30 Dr. Huots’ success in the dental industry
6:02 Problems with managing a dental practice
7:00 Dentists continued learning and education
7:45 Continuing Education & Dental Demographics
10:25 Inflation and Fee Schedules
12:30 Re-examining wage structure & benefits
14:00 Dr. Huots’ ideal candidate for consulting

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