October 2008

Fees are up 8% nationwide over the last two years, according to a comparison of LMT’s 2008 and 2006 Fee Surveys. Prices have increased across the board for all specialties and 70% of respondents say profitability has improved.

Over one-third of respondents to LMT’s 2008 Fee Survey say their profitability has increased in the last two years. Here are the top five strategies they’re using to boost their bottom lines:

To hear laboratory owner Mark Jackson talk about Vident, you might think he was talking about a big brother. After all, they did grow up together.

China has implemented new labor laws and environmental regulations and is changing tax incentives in an effort to pacify citizens and encourage an exodus of factories.

Things have happened fast for Keating Dental Arts. Just six years ago, Shaun Keating, CDT, opened the laboratory in a small space with a staff of six. Now, the laboratory employs 125 people...

The Dawson Academy has welcomed both dentists and technicians in its courses since its inception in 1979, but its recent merger with Lee Culp's Institute of Oral Art and Design has allowed it to expand ...

Despite the challenges of offshore competition, a limited labor pool and price cutting, the majority of respondents to LMT’s 2008 Fee Survey are optimistic about the future of our industry.