--- title: "Dentists During Coronavirus: Talk to Landlords, Lenders and Vendors" description: "Do you need to reduce costs during the pandemic? In this video, John Meis, DDS, discusses how dentists can cut expenses: rent, loans, credit card fees, and supplies." image: https://blog.patientprism.com/hubfs/Blog/Featured%20Images/JohnMeis-TeamTrainingInstitute.png --- - [Contact](https://patientprism.com/contact/) - [Patient PrismLOGIN](https://web.patientprism.com/) [![Patient Prism | Healthcare Lead Tracking Software](https://blog.patientprism.com/hs-fs/hubfs/2024_Patient-Prism_Logo_Blue.png?width=800&height=247&name=2024_Patient-Prism_Logo_Blue.png "Patient Prism | Healthcare Lead Tracking Software")](https://blog.patientprism.com/hubfs/PP-Logo-2024.png) - Product - ![](https://patientprism.com/wp-content/uploads/2018/10/Patient-Prism-Product-Overview-@2x.png) ### [Product Overview Learn more about Patient Prism's key features and benefits](https://patientprism.com/product-overview/) - ![](https://patientprism.com/wp-content/uploads/2020/09/Patient-Prism-Case-Studies@2x.png) ### [Case Studies Learn how Patient Prism transforms dental practices](https://patientprism.com/case-studies/) - ![](https://patientprism.com/wp-content/uploads/2018/10/Patient-Prism-Dental-Practice-Customers@2x.png) ### [Customers Discover the amazing dental practices that utilize Patient Prism](https://patientprism.com/customer/) - Solutions - ### [Private Dental Practice Our software is perfect for single dental practices. 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Visit our help center for quick answers and tutorials.](https://support.patientprism.com/hc/en-us) - ![](https://patientprism.com/wp-content/uploads/2020/09/Affiliate-Program@2x.png) ### [Affiliate Program Be a part of Patient Prism's growing network of affiliates.](https://patientprism.com/affiliates-program/) - [Contact](https://patientprism.com/contact/) - [Patient Prism LOGIN](https://web.patientprism.com/) - [Schedule Demo](https://patientprism.com/schedule-demo/) Patient Prism's Dental Industry Blog Here you'll find hundreds of articles and video interviews with dental industry experts on the topics of DSO and practice growth, dental software, call-tracking technology, patient experience and artificial intelligence fueling the dental industries ability to treat more patients and change lives. - by: John Meis, DDS - 6 min read # [Dentists During Coronavirus: Talk to Landlords, Lenders and Vendors](https://blog.patientprism.com/dentists-landlords-lenders-vendors-expenses) - [Dental Practice Leadership](https://blog.patientprism.com/topic/dental-practice-leadership) - [AI Call Intelligence (1)](https://blog.patientprism.com/topic/ai-call-intelligence) - [Dental Call Tracking (23)](https://blog.patientprism.com/topic/dental-call-tracking) - [Dental Marketing (33)](https://blog.patientprism.com/topic/dental-marketing) - [Dental Practice Leadership (192)](https://blog.patientprism.com/topic/dental-practice-leadership) - [Dental Technology (71)](https://blog.patientprism.com/topic/dental-technology) - [DSO (42)](https://blog.patientprism.com/topic/dso) - [Multi-Practice Growth (95)](https://blog.patientprism.com/topic/multi-practice-growth) - [![](https://cdn2.hubspot.net/hubfs/6464971/blog_9_wow_design/facebook-logo%20(2).svg)Share](https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fblog.patientprism.com%2Fdentists-landlords-lenders-vendors-expenses) - [![](https://cdn2.hubspot.net/hubfs/6464971/blog_9_wow_design/twitter%20(5).svg)Tweet](https://www.twitter.com/share?url=https%3A%2F%2Fblog.patientprism.com%2Fdentists-landlords-lenders-vendors-expenses) - [![](https://cdn2.hubspot.net/hubfs/6464971/blog_9_wow_design/linkedin-logo%20(2).svg)Post](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.patientprism.com/dentists-landlords-lenders-vendors-expenses) - [![](https://cdn2.hubspot.net/hubfs/6464971/blog_9_wow_design/envelope%20(1).svg)Mail](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.patientprism.com/dentists-landlords-lenders-vendors-expenses) March 2020--Dental consultant John Meis, DDS, recommends dental practice owners talk with their landlords, lenders, and vendors to explain their financial situation during COVID and improve their terms.   Many dentists are struggling financially right now as the coronavirus spreads across the globe, shutting down most types of non-emergency dental care, and causing an unprecedented hardship for people who are now juggling dental practice closures, school closures, and stay-at-home directives. There are steps that dentists can take immediately to reduce costs by cutting some of their biggest expenses: rent, loans, credit card fees, and supplies. ## Dentists Need to Check: How Fast Are You Burning Money? We don’t know how long the coronavirus is going to impact the dental industry. Dentists need to reduce the burn rate, which is how fast they go through money each month. Dentists have two types of costs: - Variable Costs: The variable costs are things like the amount of supplies the dentist uses and the amount of advertising. If the dentist is performing fewer procedures, then the dentist will be using fewer supplies. If the dentist has hourly team members staying at home more, then the cost of payroll will be lower.  - Fixed Costs: Dentists usually think of fixed costs as fixed recurring expenses. These might include payroll, mortgage or rent, utility bills, bank loans, and credit card bills. You don’t usually think your fixed costs can be reduced, but maybe they can. ## Request No Interest, No Payments and No Penalties Try to reduce your “fixed costs” by requesting “COVID relief.” I recommend dentists call their landlords, lenders, and vendors to explain the temporary situation and request a 90-day deferment with no interest, no payments, and no penalties. You may not get that, but it’s a good place to start the negotiations. It’s important to explain to the landlords, lenders, and vendors that this is a temporary situation and that you expect to return to normal services as soon as you are allowed. Explain the safety protocol and communication measures you have in place to continue engaging with your patients and attracting new ones. Explain that you are on the frontline of preventing infection and keeping patients out of the ER. Explain the other cost containment measures you are taking to demonstrate you are a good manager of your business. Other businesses are making similar requests during the current pandemic, so you are not alone doing this and not setting a precedent. Many vendors and lenders are giving financial relief. Commercial landlords are facing the challenge of balancing revenue stream with maintaining business relationships and certainty of future financial security. ## [![Schedule a Patient Prism Demo with Brenton Paul](https://no-cache.hubspot.com/cta/default/3321879/e1446252-1677-4ab5-a324-628c0b4fab63.png)](https://cta-redirect.hubspot.com/cta/redirect/3321879/e1446252-1677-4ab5-a324-628c0b4fab63) ## More Patient Prism COVID-19 Resources for Dentists Dr. John Meis talks about additional ways to manage your finances when your dental office is closed or no longer predictable on the Patient Prism video:  - [Finding Money for Bills When Your Office is Closed](https://blog.patientprism.com/finding-money-practice-closed) Visit [PatientPrism.com/Overview](https://blog.patientprism.com/overview) to find out how we can help your team convert more callers into booked appointments. Patient Prism’s downloadable PDF guides to help dentists navigate COVID-19 include the following: - [Converting More Calls During COVID-19](https://blog.patientprism.com/dental-practice-management-academy/downloadables/converting-calls-during-covid-19-guide) - [Marketing Strategies During COVID-19](https://blog.patientprism.com/dental-practice-management-academy/downloadables/dental-marketing-strategies) - [Teledentistry Options](https://blog.patientprism.com/dental-practice-management-academy/downloadables/teledentistry-options)  - [Staying Safe in the Dental Practice](https://blog.patientprism.com/dental-practice-management-academy/downloadables/ppe-dental-practice-safety) ### Share Post: - [![](https://cdn2.hubspot.net/hubfs/6464971/blog_9_wow_design/facebook-logo%20(2).svg)Share](https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fblog.patientprism.com%2Fdentists-landlords-lenders-vendors-expenses) - [![](https://cdn2.hubspot.net/hubfs/6464971/blog_9_wow_design/twitter%20(5).svg)Tweet](https://www.twitter.com/share?url=https%3A%2F%2Fblog.patientprism.com%2Fdentists-landlords-lenders-vendors-expenses) - [![](https://cdn2.hubspot.net/hubfs/6464971/blog_9_wow_design/linkedin-logo%20(2).svg)Post](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.patientprism.com/dentists-landlords-lenders-vendors-expenses) - [![](https://cdn2.hubspot.net/hubfs/6464971/blog_9_wow_design/envelope%20(1).svg)Mail](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.patientprism.com/dentists-landlords-lenders-vendors-expenses) ##### [Previous Article](https://blog.patientprism.com/crisis-management-for-dentists-during-coronavirus) ### [Crisis Management for Dentists During Coronavirus](https://blog.patientprism.com/crisis-management-for-dentists-during-coronavirus) ##### [Next Article](https://blog.patientprism.com/weighing-risks-closing-vs-staying-open) ### [Dentists During COVID-19: Weighing the Risks of Closing Versus Staying Open](https://blog.patientprism.com/weighing-risks-closing-vs-staying-open) ![shape](https://cdn2.hubspot.net/hubfs/6464971/blog_9_wow_design/shape.svg "shape") #### Subscribe to our blog for the latest updates ![Sign Up For Patient Prism Dental Newsletter](https://blog.patientprism.com/hubfs/images/icons/Sign%20Up%20For%20Patient%20Prism%20Dental%20Newsletter.png "Sign Up For Patient Prism Dental Newsletter") By submitting this form you will be receiving our latest updates on post. We're committed to your privacy. Patient Prism uses the information you provide to us to contact you about our relevant content, products, and services.  You may unsubscribe from these communications at any time.  - Recent - Popular [Dental Practice Leadership](https://blog.patientprism.com/topic/dental-practice-leadership) ##### [Bulletproof: Patient Prism Equips Private Dentists to Compete with DSOs](https://blog.patientprism.com/bulletproof-patient-prism-equips-private-dentists-to-compete-with-dsos) [Dental Practice Leadership](https://blog.patientprism.com/topic/dental-practice-leadership) ##### [Bulletproof: Did a New Patient Call and Then Fail to Schedule? 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[![Download Now](https://no-cache.hubspot.com/cta/default/3321879/c4da101c-9fa1-4943-aa0e-205721d69f7f.png)](https://cta-redirect.hubspot.com/cta/redirect/3321879/c4da101c-9fa1-4943-aa0e-205721d69f7f) #### Ready for a quick demo? ### Patient Prism is A.I.-driven software that helps dental practices grow new patient revenue by booking more first-time callers. Instantly increase new patient revenue by 30% on average. Patient Prism provides your front desk team or call center with the tools and coaching they need to book more new patients on the first phone call.  [![Schedule Demo](https://no-cache.hubspot.com/cta/default/3321879/0b902015-8fd3-4970-b9f9-fd203c36af1c.png)](https://cta-redirect.hubspot.com/cta/redirect/3321879/0b902015-8fd3-4970-b9f9-fd203c36af1c) ### Related Posts - [by Deborah Bush](https://blog.patientprism.com/author/deborah-bush) - 6 min read #### [Bulletproof: Patient Prism Equips Private Dentists to Compete with DSOs](https://blog.patientprism.com/bulletproof-patient-prism-equips-private-dentists-to-compete-with-dsos) August 2023 In Bulletproof Dental Practice Podcast Episode 302, hosts Dr. Peter Boulden and Dr. Craig Spodak ask Patient... - ##### [Dental Practice Leadership](https://blog.patientprism.com/topic/dental-practice-leadership) - [by Deborah Bush](https://blog.patientprism.com/author/deborah-bush) - 4 min read #### [Bulletproof: Did a New Patient Call and Then Fail to Schedule? Reach Out!](https://blog.patientprism.com/bulletproof-new-dental-patient-fail-to-schedule-reach-out) August 2023 "If there is anything resounding that we have learned at Patient Prism, it is that reaching back out to offe... - ##### [Dental Practice Leadership](https://blog.patientprism.com/topic/dental-practice-leadership) - [by Deborah Bush](https://blog.patientprism.com/author/deborah-bush) - 6 min read #### [Bulletproof: There Is Actionable Intelligence in Your Calls](https://blog.patientprism.com/there-is-actionable-intelligence-in-your-calls) August 2023 In Bulletproof Dental Practice Podcast Episode 302, hosted by Dr. Peter Boulden and Dr. Craig Spodak, Patien... - ##### [Dental Practice Leadership](https://blog.patientprism.com/topic/dental-practice-leadership) [![Patient Prism Logo](https://blog.patientprism.com/hs-fs/hubfs/images/logos/PPLogo_eHed.png?width=274&height=79&name=PPLogo_eHed.png "Patient Prism Logo")](https://www.patientprism.com/) 2803 W Busch Blvd, Suite 201, Tampa, FL 33618 1-800-381-3638 PRODUCT - [Product](https://www.patientprism.com/product-overview/) - [Pricing](https://www.patientprism.com/pricing/) - [Affiliate Program](https://www.patientprism.com/affiliates-program/) TEAM - [About Us](https://www.patientprism.com/about/) - [Contact Us](https://www.patientprism.com/contact-us/) - [Support](https://support.patientprism.com/hc/en-us) - [In the News](https://www.patientprism.com/in-the-news/) SOLUTIONS - [DSO](https://www.patientprism.com/multi-group-solutions/) - [Private Dental Practice](https://www.patientprism.com/private-dental-practice-solutions/) - [Office Manager](https://www.patientprism.com/front-desk-solutions/) - [Marketing Manager](https://www.patientprism.com/marketing-manager-solutions/) RESOURCES - [Help Center](https://support.patientprism.com/hc/en-us) - [eBooks, guides, and charts](https://www.patientprism.com/guides-ebooks-and-charts/) - [Case Studies](https://www.patientprism.com/case-studies/) - [Blog](https://blog.patientprism.com/) - [Academy](https://academy.patientprism.com/) - [Privacy Policy](https://www.iubenda.com/privacy-policy/84700694) - [Accessibility](https://patientprism.com/accessibility/) - [Terms & Conditions](https://patientprism.com/terms/) Third-party trademarks, logos, and trade names appearing on the site are the property of their respective owners. Copyright Patient Prism®. 2020 All rights reserved. ![](https://googleads.g.doubleclick.net/pagead/viewthroughconversion/834660133/?guid=ON&script=0) ![](https://dc.ads.linkedin.com/collect/?pid=150810&fmt=gif) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "John Meis, DDS", "url" : "https://blog.patientprism.com/author/john-meis" }, "dateModified" : "2023-07-17T17:58:27.243Z", "datePublished" : "2020-03-25T11:41:30.000Z", "headline" : "Dentists During Coronavirus: Talk to Landlords, Lenders and Vendors", "image" : [ "https://blog.patientprism.com/hubfs/Blog/Featured%20Images/JohnMeis-TeamTrainingInstitute.png" ], "mainEntityOfPage" : { "@id" : "https://blog.patientprism.com/dentists-landlords-lenders-vendors-expenses", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.patientprism.com/hubfs/2024_Patient-Prism_Logo_Blue.png" }, "name" : "Patient Prism" } } ```