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Thursday
May052011

Sheep's Clothing - Tim E. Wandell, DDS

I just now realized why WDS is called a “not-for-profit” — it’s a “not-for-profit-for dentists.” Finally, the shoe has dropped, and we should all realize that WDS is just another PPO driven insurance company whose customer is big business, Boeing and others. Its insured are an incidental nuisance, and dentists merely a necessary evil.

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Wednesday
May042011

Kodak Economic Study Review

Executives at Eastman Kodak were concerned about increasing competition in their industry. They decided to conduct a study to determine the effects of price increases and price decreases on their profitability. The Kodak study assumed a 25% profit percentage (75% overhead) which is rather convenient for our purposes because it is fairly close to the 30% net income the ADA reports as the average dentist’s net income today. Using this 25% profit assumption and the corresponding 75% cost assumption, here’s what the study determined:

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Wednesday
May042011

WDS Webcast Tomorrow Night!

Don’t forget to tune into the WDS webcast tomorrow, Thursday, May 5th at 6:00pm.

Register here http://www.deltadentalwa.com/Home/Guest/Public/DentistWebEx.aspx

Tuesday
May032011

King 5 Follows WDS Story