Rajit Bhatia

Founder & CEO, Dentistry Automation · 1 appearance on the record.

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founderexecutiveinvestordentistryautomation.com ↗

Rajeev Bhatia is the founder of custom software firm BPK Tech and dental SaaS platform Dentistry Automation. He scaled a multi-million-dollar software services agency and used that domain expertise to build revenue cycle management and workflow automation software for dental practices.

11statements → 7claims → 1claims resolved → 3.82/5average certainty → 1.09/5average debate potential →

1 supported 0 partly supported 0 contradicted 6 not checkable as stated how the 7 claims stand · each chip opens the sources

3 predictions · 4 assertions · 4 disclosures · every statement was checked. The predictions and assertions are the 7 claims: statements the public record can support or contradict. 1 is resolved, and 6 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Rajit argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported
Bhatia: Dental insurance reimbursement takes 30 to 120 days
“Basically what that means is collecting money faster from insurance companies, and it's a working capital. Usually it takes them anywhere from 30 to 120 days, and after that, the accounts go delinquent”
Rajit Bhatia Nov 19, 2022 ▶ 10:07 Cheat Code: I learned what SaaS to build for dentists by building a $7m agency first

Everything Rajit Bhatia said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Prediction Not checkable as stated
Bhatia predicts Simplified Dentistry will close 28 deals monthly for six months
“If I look at my pipeline for the next six months, I can, with 80% confidence, say that we're going to get 28 Deals every month”
Rajit Bhatia Nov 19, 2022 ▶ 16:57 Cheat Code: I learned what SaaS to build for dentists by building a $7m agency first
Assertion Not checkable as stated
Simplified Dentistry is doing around $1M in revenue this year
“And this is the revenue for our SaaS business, which is doing around a million this year.”
Rajit Bhatia Nov 19, 2022 ▶ 2:35 Cheat Code: I learned what SaaS to build for dentists by building a $7m agency first
Prediction Not checkable as stated
Bhatia expects Simplified Dentistry to reach $4M revenue next year
“And we're expected to do around four million next year based on number of clinics.”
Rajit Bhatia Nov 19, 2022 ▶ 2:42 Cheat Code: I learned what SaaS to build for dentists by building a $7m agency first
Prediction Not checkable as stated
Simplified Dentistry will grow to around 1,000 dental clinics next year
“So today we support around six, around 400 dental clinics next year with the way the pipeline is without actually doing any selling directly to dental offices. We're going to grow to around a thousand offices.”
Rajit Bhatia Nov 19, 2022 ▶ 2:46 Cheat Code: I learned what SaaS to build for dentists by building a $7m agency first
Disclosure
Bhatia: BPK Tech revenue crashed from $200K to $25K monthly in March 2020
“When COVID hit in March we were doing around 2000 200,000 per month in revenue. And so you can see me whatever hair I had I lost during that March. And so almost 90% of our customers called me and they said, well, you know, everything is shutting down, especia…”
Rajit Bhatia Nov 19, 2022 ▶ 3:06 Cheat Code: I learned what SaaS to build for dentists by building a $7m agency first
Disclosure
Bhatia: BPK Tech signed a co-development deal paying $10K/month post-build
“We approached probably a thousand prospects and one of the prospects said, okay, I will sign up with you, but I don't have money to pay you. So what I did, I created a contract and I said, look, you don't have to pay us. We will co-develop the solution. You te…”
Rajit Bhatia Nov 19, 2022 ▶ 5:57 Cheat Code: I learned what SaaS to build for dentists by building a $7m agency first
Assertion Supported
Bhatia: Dental insurance reimbursement takes 30 to 120 days
“Basically what that means is collecting money faster from insurance companies, and it's a working capital. Usually it takes them anywhere from 30 to 120 days, and after that, the accounts go delinquent”
Rajit Bhatia Nov 19, 2022 ▶ 10:07 Cheat Code: I learned what SaaS to build for dentists by building a $7m agency first
Assertion Not checkable as stated
Bhatia: Simplified Dentistry generated $600k from DSOs and $200k from channels
“We got around 600,000 selling directly to groups out of a million, which is 60% of revenue, and then around 20% revenue of 200,000 came, ah, from the channels”
Rajit Bhatia Nov 19, 2022 ▶ 15:20 Cheat Code: I learned what SaaS to build for dentists by building a $7m agency first
Assertion Not checkable as stated
Bhatia: Simplified Dentistry generates about $8,000 per clinic per year
“We do around 8000 dollars per clinic per year.”
Rajit Bhatia Nov 19, 2022 ▶ 17:13 Cheat Code: I learned what SaaS to build for dentists by building a $7m agency first
Disclosure
Simplified Dentistry maintains a 30-person team with zero headcount growth in two years
“This is our org chart, so just around 30 people who work on, on this, ah, side of the business, and, ah, we haven't added a single person in the last two years.”
Rajit Bhatia Nov 19, 2022 ▶ 17:56 Cheat Code: I learned what SaaS to build for dentists by building a $7m agency first
Disclosure
Rajit Bhatia: BPK Tech wasted $50,000 building compliance software
“50,000. This was a compliance software.”
Rajit Bhatia Nov 19, 2022 ▶ 7:56 Cheat Code: I learned what SaaS to build for dentists by building a $7m agency first

Appearances (1)

EpisodeDateSpeaking time
Cheat Code: I learned what SaaS to build for dentists by building a $7m agency first Nov 19, 2022 14m
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