1 00:00:00,399 --> 00:00:02,319 Hello. This is Ariana Porto Latin with the 2 00:00:02,319 --> 00:00:04,799 Becker's Dental and DSU Review podcast. I'm thrilled 3 00:00:04,799 --> 00:00:06,899 to be joined today by doctor Julian Osorio, 4 00:00:07,200 --> 00:00:09,279 the owner of South Boston Dental Group. Doctor 5 00:00:09,279 --> 00:00:10,880 Osorio, thank you so much for being here 6 00:00:10,880 --> 00:00:12,960 today. Start us off, can you introduce yourself 7 00:00:12,960 --> 00:00:14,400 and tell our listeners a little bit about 8 00:00:14,400 --> 00:00:15,059 your background? 9 00:00:16,004 --> 00:00:17,304 Yes. I'm a prosthodontist. 10 00:00:17,925 --> 00:00:18,425 Originally 11 00:00:18,964 --> 00:00:21,144 went to dental school in Columbus, South America. 12 00:00:21,765 --> 00:00:23,524 Came to The US in 1981 13 00:00:23,524 --> 00:00:25,384 to go to graduate school at Boston University 14 00:00:26,484 --> 00:00:28,265 where I got my master's in prosthodontics, 15 00:00:30,259 --> 00:00:31,960 in 1984. 16 00:00:32,340 --> 00:00:33,079 I immediately 17 00:00:33,539 --> 00:00:34,840 after that, I went 18 00:00:35,619 --> 00:00:37,479 and I taught full time at university, 19 00:00:37,939 --> 00:00:39,640 undergrad and postgraduate departments 20 00:00:41,140 --> 00:00:42,359 until '92 21 00:00:42,659 --> 00:00:44,614 where I went into private practice. I started 22 00:00:44,614 --> 00:00:46,795 in private practice kind of part time ish 23 00:00:47,015 --> 00:00:47,994 in '88, 24 00:00:48,134 --> 00:00:49,975 but I went full time into private practice 25 00:00:49,975 --> 00:00:52,554 in '2 '20 in 1992. 26 00:00:52,854 --> 00:00:55,114 But I did a state teaching part time, 27 00:00:55,174 --> 00:00:56,774 and I did that for the next thirty 28 00:00:56,774 --> 00:00:57,274 years. 29 00:00:58,189 --> 00:00:59,489 Several dental practices 30 00:00:59,949 --> 00:01:00,770 for a while. 31 00:01:01,309 --> 00:01:02,109 Did some, 32 00:01:02,590 --> 00:01:03,090 DSO 33 00:01:03,629 --> 00:01:04,209 or, like, 34 00:01:05,150 --> 00:01:07,329 startup in nineteen ninety six, ninety seven. 35 00:01:08,430 --> 00:01:08,930 Unfortunately, 36 00:01:09,869 --> 00:01:10,369 the 37 00:01:10,909 --> 00:01:12,530 group that I was working with, 38 00:01:13,515 --> 00:01:14,015 their 39 00:01:14,635 --> 00:01:16,174 structure wasn't suitable 40 00:01:16,635 --> 00:01:19,195 for a successful company, which went on there 41 00:01:19,195 --> 00:01:20,015 after a while. 42 00:01:21,034 --> 00:01:23,695 But then I practice clinical dentistry. I 43 00:01:24,555 --> 00:01:26,314 love doing what I do, but I also 44 00:01:26,314 --> 00:01:28,174 understand I like the business of dentistry. 45 00:01:29,280 --> 00:01:30,799 Thank you so much for for sharing that 46 00:01:30,799 --> 00:01:31,859 background for us. 47 00:01:32,239 --> 00:01:33,840 My first question here for you, what are 48 00:01:33,840 --> 00:01:35,519 some of the biggest issues that you're following 49 00:01:35,519 --> 00:01:37,140 in the dental industry right now? 50 00:01:37,920 --> 00:01:40,899 Well, this is quite a a changing environment 51 00:01:40,959 --> 00:01:42,500 from what I started 52 00:01:43,015 --> 00:01:45,194 and, basically, from my training. 53 00:01:47,575 --> 00:01:49,274 Basically, I trained way before 54 00:01:49,974 --> 00:01:51,334 a lot of the new technologies how to 55 00:01:51,334 --> 00:01:53,194 make dentistry better and simpler. 56 00:01:54,295 --> 00:01:55,674 So the the the the 57 00:01:56,215 --> 00:01:57,754 the the professionals evolve 58 00:01:58,409 --> 00:01:58,909 drastically. 59 00:01:59,689 --> 00:02:00,189 But 60 00:02:01,209 --> 00:02:03,209 it's a changing world, and, 61 00:02:03,930 --> 00:02:06,269 I would say that COVID really changed everything. 62 00:02:06,890 --> 00:02:10,909 Like most small businesses in urban metropolitan areas, 63 00:02:11,985 --> 00:02:14,705 The structure of the workplace changed, so they 64 00:02:14,705 --> 00:02:17,044 they changed the way that we practice too. 65 00:02:17,504 --> 00:02:18,644 There are there are definitely 66 00:02:18,944 --> 00:02:19,764 many challenges, 67 00:02:20,384 --> 00:02:20,884 hiring, 68 00:02:21,905 --> 00:02:22,405 retaining, 69 00:02:24,784 --> 00:02:25,284 raising 70 00:02:25,900 --> 00:02:27,680 cost on all that space, 71 00:02:29,020 --> 00:02:30,800 decreased reimbursement by insurance, 72 00:02:31,580 --> 00:02:32,080 payers 73 00:02:32,780 --> 00:02:34,780 is definitely a challenge. I think it's still 74 00:02:34,780 --> 00:02:37,340 exciting to be doing the industry. Technology has 75 00:02:37,340 --> 00:02:38,479 made it much easier 76 00:02:39,044 --> 00:02:40,885 to do a lot of procedures, especially for 77 00:02:40,885 --> 00:02:43,224 people who are more highly skilled. The technology 78 00:02:43,284 --> 00:02:44,185 allows them 79 00:02:45,044 --> 00:02:45,544 to, 80 00:02:46,885 --> 00:02:47,385 like, 81 00:02:47,925 --> 00:02:49,385 go over so much just shortcomings. 82 00:02:51,239 --> 00:02:51,739 So, 83 00:02:52,199 --> 00:02:54,039 yeah, that's more or less where where we 84 00:02:54,039 --> 00:02:54,539 are. 85 00:02:55,000 --> 00:02:56,539 That's more or less where we are. 86 00:02:57,000 --> 00:02:59,239 Great. Thank you so much. That kinda goes 87 00:02:59,239 --> 00:03:01,639 into, my next question for you here. What 88 00:03:01,639 --> 00:03:03,159 are you most excited about when it comes 89 00:03:03,159 --> 00:03:05,239 to dentistry right now, and is there anything 90 00:03:05,239 --> 00:03:06,525 about the industry right now that 91 00:03:08,525 --> 00:03:10,198 makes you nervous? 92 00:03:10,604 --> 00:03:11,104 Excited. 93 00:03:11,644 --> 00:03:14,044 I definitely would love all we and and 94 00:03:14,044 --> 00:03:17,084 we embrace all the technologies. We are totally 95 00:03:17,084 --> 00:03:17,584 digitally 96 00:03:18,044 --> 00:03:20,544 on board with every all the technologies from 97 00:03:21,949 --> 00:03:23,169 scanning to 98 00:03:23,550 --> 00:03:24,050 diagnosing 99 00:03:24,990 --> 00:03:26,770 to ITI, AI 100 00:03:27,310 --> 00:03:27,810 diagnosing. 101 00:03:28,509 --> 00:03:30,270 All that stuff just makes it actually very 102 00:03:30,270 --> 00:03:32,209 nice. I'm very good. I'm very easy 103 00:03:32,509 --> 00:03:33,889 to do a lot of the procedures. 104 00:03:34,724 --> 00:03:36,745 I would say the biggest challenge is, 105 00:03:37,284 --> 00:03:39,604 and I as I see owning a large 106 00:03:39,604 --> 00:03:41,544 dental practice with, multiple 107 00:03:42,004 --> 00:03:43,305 providers and employees 108 00:03:44,645 --> 00:03:47,305 is the human resource part of the profession. 109 00:03:47,365 --> 00:03:50,104 It's definitely getting harder than harder every day. 110 00:03:50,324 --> 00:03:52,060 We, We however, we have noticed in the 111 00:03:52,060 --> 00:03:55,500 last few months that it's starting to get 112 00:03:55,500 --> 00:03:56,639 easier and better. 113 00:03:57,900 --> 00:03:59,980 During the pandemic, if we put an ad 114 00:03:59,980 --> 00:04:02,219 to recruit an assistant or a hygienist or 115 00:04:02,219 --> 00:04:02,879 a dentist, 116 00:04:03,555 --> 00:04:05,634 We get no responses. Or the people who 117 00:04:05,634 --> 00:04:07,474 respond will make an appointment to come for 118 00:04:07,474 --> 00:04:08,215 an for 119 00:04:08,674 --> 00:04:10,454 a interview and never showed up. 120 00:04:11,074 --> 00:04:14,275 We are lately having a lot of more 121 00:04:14,275 --> 00:04:15,414 people coming in 122 00:04:15,730 --> 00:04:16,949 and looking for jobs. 123 00:04:17,569 --> 00:04:19,490 So that is seems to be easing a 124 00:04:19,490 --> 00:04:20,230 little bit, 125 00:04:20,689 --> 00:04:23,009 but it's still a challenge. And especially the 126 00:04:23,009 --> 00:04:24,470 cost of the human resources 127 00:04:25,170 --> 00:04:25,910 is really 128 00:04:26,689 --> 00:04:27,189 increasing 129 00:04:28,050 --> 00:04:29,330 drastically. I would say that, 130 00:04:31,365 --> 00:04:33,625 in my hygiene division, I have 131 00:04:35,125 --> 00:04:38,245 around 12 hygienists that work in different shifts. 132 00:04:38,245 --> 00:04:41,044 I overall, it's like an eight a full 133 00:04:41,044 --> 00:04:41,865 time equivalency. 134 00:04:45,120 --> 00:04:46,020 And the 135 00:04:46,960 --> 00:04:47,460 increase 136 00:04:48,800 --> 00:04:51,779 in salaries has really affected the bottom line, 137 00:04:52,560 --> 00:04:54,500 but we don't have any choice, 138 00:04:55,439 --> 00:04:56,580 especially when 139 00:04:56,995 --> 00:04:59,654 we are also confronted with the temporary 140 00:05:00,435 --> 00:05:01,334 staffing services 141 00:05:01,875 --> 00:05:02,375 who 142 00:05:03,555 --> 00:05:04,854 recruit a lot of people 143 00:05:05,235 --> 00:05:07,254 and work for them, and they charge 144 00:05:08,754 --> 00:05:11,360 excessive fees to us. But it makes it 145 00:05:11,360 --> 00:05:13,379 attractive for the people who are out there 146 00:05:14,160 --> 00:05:16,339 to work with them because they make eventually 147 00:05:16,399 --> 00:05:17,779 more money. We have 148 00:05:18,480 --> 00:05:21,360 tried to over the last two years to 149 00:05:21,360 --> 00:05:23,040 stay away from that in as much as 150 00:05:23,040 --> 00:05:23,540 possible. 151 00:05:24,975 --> 00:05:26,115 And we are overhiring 152 00:05:26,895 --> 00:05:28,675 just to make sure that we are overstocked, 153 00:05:28,814 --> 00:05:29,634 not understaffed. 154 00:05:32,014 --> 00:05:33,875 From the provider point of view, the dentist 155 00:05:33,935 --> 00:05:35,074 is actually easy. 156 00:05:35,774 --> 00:05:39,154 I definitely find a deficit on the quality 157 00:05:39,375 --> 00:05:41,350 or the education and the training that the 158 00:05:41,350 --> 00:05:42,410 dentists are getting. 159 00:05:43,750 --> 00:05:45,350 I guess, has a lot of to do 160 00:05:45,350 --> 00:05:46,810 with economics where 161 00:05:47,270 --> 00:05:48,949 by when I was in dental school and 162 00:05:48,949 --> 00:05:50,389 when I was teaching in the early years 163 00:05:50,389 --> 00:05:51,850 in the eighties and nineties, 164 00:05:52,790 --> 00:05:54,089 we had an abundant 165 00:05:55,595 --> 00:05:57,915 resource and amount of patients coming into the 166 00:05:57,915 --> 00:05:59,694 into the clinic so our students 167 00:06:01,274 --> 00:06:03,514 have the opportunity to get a good training, 168 00:06:03,514 --> 00:06:04,334 a good experience. 169 00:06:05,355 --> 00:06:07,675 This day is these days is very, very 170 00:06:07,675 --> 00:06:08,175 limited. 171 00:06:08,634 --> 00:06:09,774 And I find myself 172 00:06:10,769 --> 00:06:12,849 even though, unfortunately, I've been an educator, so 173 00:06:12,849 --> 00:06:14,529 I know how to do it, but I 174 00:06:14,529 --> 00:06:15,829 find myself retraining 175 00:06:17,009 --> 00:06:19,970 the trained dentist, which is wasn't the the 176 00:06:19,970 --> 00:06:20,470 case 177 00:06:21,169 --> 00:06:23,409 in the earlier days. Pretty much anybody I 178 00:06:23,409 --> 00:06:25,269 hired back then will 179 00:06:25,875 --> 00:06:28,214 hit the ground running. Now 180 00:06:28,995 --> 00:06:30,774 it's it's it's a little bit more complicated 181 00:06:31,634 --> 00:06:34,115 because of the lack of clinical experience there, 182 00:06:34,115 --> 00:06:35,814 the the the clinical providers. 183 00:06:38,610 --> 00:06:40,209 Oh, I don't know. Maybe that answered your 184 00:06:40,209 --> 00:06:40,709 question. 185 00:06:41,250 --> 00:06:43,970 Yeah. Definitely. Definitely some interesting points that you 186 00:06:43,970 --> 00:06:44,689 mentioned there. 187 00:06:45,170 --> 00:06:46,769 So thank you so much for for sharing 188 00:06:46,769 --> 00:06:47,269 those. 189 00:06:47,730 --> 00:06:49,904 And next question here, what will the most 190 00:06:49,985 --> 00:06:52,225 effective health care leaders need to be successful 191 00:06:52,225 --> 00:06:53,685 in the next two to three years? 192 00:06:55,105 --> 00:06:56,324 Well, I think that 193 00:06:57,584 --> 00:07:00,064 I know that a lot of people put 194 00:07:00,064 --> 00:07:02,324 emphasis on the quality of dentistry. 195 00:07:03,169 --> 00:07:05,009 I think that's a given. If I go 196 00:07:05,009 --> 00:07:07,009 and to buy an iPhone, I expect the 197 00:07:07,009 --> 00:07:09,089 phone to receive phone calls, to my phone 198 00:07:09,089 --> 00:07:11,029 calls, to get email, to send email. 199 00:07:11,410 --> 00:07:13,910 So the quality of the procedures shouldn't be 200 00:07:14,209 --> 00:07:17,110 couldn't be it's it's it's a given. 201 00:07:18,254 --> 00:07:18,754 The 202 00:07:20,014 --> 00:07:20,514 but 203 00:07:21,375 --> 00:07:21,875 the 204 00:07:22,814 --> 00:07:24,595 ability to understand the business 205 00:07:25,615 --> 00:07:26,115 to 206 00:07:28,014 --> 00:07:28,754 even though 207 00:07:29,870 --> 00:07:30,529 I'm not 208 00:07:31,149 --> 00:07:33,169 I would love to see different 209 00:07:34,430 --> 00:07:35,649 reimbursement systems, 210 00:07:36,829 --> 00:07:38,750 but it's not gonna happen. It happened already 211 00:07:38,750 --> 00:07:39,329 in medicine 212 00:07:40,029 --> 00:07:42,669 where most of the medical providers became employees 213 00:07:42,669 --> 00:07:44,529 of the large hospital corporations. 214 00:07:47,274 --> 00:07:49,134 We have to learn how to 215 00:07:49,835 --> 00:07:50,335 work 216 00:07:51,115 --> 00:07:53,435 within the pay ins in within the payer 217 00:07:53,435 --> 00:07:55,134 system of the industry and 218 00:07:55,915 --> 00:07:57,595 drive that payer system to 219 00:07:58,649 --> 00:08:01,850 that benefits everybody. Benefits the patient, benefits benefits 220 00:08:01,850 --> 00:08:04,189 the payers, and benefits benefits the providers. 221 00:08:05,050 --> 00:08:07,370 That is a challenge. It's, I'm trying to 222 00:08:07,370 --> 00:08:08,430 get them to understand. 223 00:08:09,290 --> 00:08:09,790 Unfortunately, 224 00:08:10,170 --> 00:08:11,930 I've been in a metropolitan area with a 225 00:08:11,930 --> 00:08:12,430 large 226 00:08:13,444 --> 00:08:16,485 dent dental. I have, I consolidated my two 227 00:08:16,485 --> 00:08:18,884 big practices in Boston into one big one 228 00:08:18,884 --> 00:08:19,384 in, 229 00:08:20,564 --> 00:08:22,485 at the Seaport 4 Point Channel, which is 230 00:08:22,485 --> 00:08:23,865 a big metropolitan area, 231 00:08:24,564 --> 00:08:26,985 where I have 18 operating rooms with, 232 00:08:27,759 --> 00:08:30,000 another seven dentists, and as I said before, 233 00:08:30,000 --> 00:08:31,860 with the a good number of hygienists. 234 00:08:33,679 --> 00:08:35,779 And I understand that 235 00:08:36,559 --> 00:08:37,279 we have 236 00:08:38,639 --> 00:08:40,985 it's it's the challenge is to manage. We 237 00:08:40,985 --> 00:08:43,784 we become businesses. We become business more than 238 00:08:43,784 --> 00:08:45,565 just a a a practice 239 00:08:46,264 --> 00:08:48,125 that you came to work and 240 00:08:48,584 --> 00:08:51,065 and, collected whatever you did, and you did 241 00:08:51,065 --> 00:08:52,584 did well. You got a paycheck, and you 242 00:08:52,584 --> 00:08:54,540 went home. Now we have to understand 243 00:08:55,000 --> 00:08:57,720 every single minutia of the business going on. 244 00:08:57,720 --> 00:08:58,700 We have to understand 245 00:08:59,399 --> 00:09:01,800 what are we paying for supplies, what are 246 00:09:01,800 --> 00:09:02,860 we paying for 247 00:09:03,320 --> 00:09:05,500 staffing, what are we paying for dental laboratory 248 00:09:05,559 --> 00:09:07,180 fees, what are we paying for, 249 00:09:08,195 --> 00:09:09,894 all the other ex all the other 250 00:09:11,315 --> 00:09:13,815 payables, you know, from legal to 251 00:09:14,355 --> 00:09:15,575 real estate to 252 00:09:16,035 --> 00:09:18,294 all all that? You have to become 253 00:09:18,674 --> 00:09:21,075 it's more it's more a business than anything 254 00:09:21,075 --> 00:09:23,610 else. We have to understand that. If the 255 00:09:23,610 --> 00:09:25,330 people don't understand that, they are not going 256 00:09:25,330 --> 00:09:25,950 to succeed. 257 00:09:28,090 --> 00:09:30,009 Great. Thank you so much for for sharing 258 00:09:30,009 --> 00:09:31,769 that insight there. Well, that is all I 259 00:09:31,769 --> 00:09:32,970 have for you today. Those are all my 260 00:09:32,970 --> 00:09:34,809 questions, doctor Zuriya. So thank you so much 261 00:09:34,809 --> 00:09:36,330 for joining us today on our podcast. 262 00:09:36,855 --> 00:09:38,054 It's been a pleasure speaking with you, and 263 00:09:38,054 --> 00:09:39,575 I look forward to connecting with you again 264 00:09:39,575 --> 00:09:40,955 in the future. Sure.