Art of Dental Finance and Management

The decision to change your practice’s relationship with an insurance company can be challenging, and the fear of losing patients may be holding you back. In this episode of The Art of Dental Finance and Management podcast , Art meets with John Riley, executive vice president of Amplify 360, to discuss how dental offices can evaluate their relationship with insurance companies to potentially becom...

Before dentists can begin treatment on their patient, the patient first needs to agree to get the treatment. In this episode of The Art of Dental Finance and Management podcast , Art meets with Debra Engelhardt-Nash, Practice Development and Team Improvement Consultant, to discuss the eight rules Debra recommends dentists follow to increase treatment acceptance. Reach out to Art if you have any qu...

In this episode of The Art of Dental Finance and Management podcast , Art discusses the current state of the economy, where he thinks the economy is headed, and how it might affect your dental practice in the long term. Art also speaks on the importance of owning real estate and how to best navigate this tax season. Reach out to Art if you have any questions regarding dental finance and management...

In this episode of The Art of Dental Finance and Management podcast, Art speaks with Eric Vickery, dental coach at All-Star Dental Academy. Art and Eric discuss how important it is for dentists to strengthen their leadership and team-building skills to positively motivate their dental team, resulting in increased retention. Reach out to Art if you have any questions regarding dental finance and ma...

In this episode of The Art of Dental Finance and Management podcast, Art speaks with Dr. Christopher Green, cofounder of The Practice Launchpad. Art and Dr. Green discuss what dentists should consider before starting their own practice, whether opening their first practice, or expanding an existing practice to multiple locations. It’s important for dentists to carefully analyze the opportunities,...

In this episode of The Art of Dental Finance and Management podcast , Art speaks on the importance of starting the new year strong with his top 10 tips for success. Art discusses how dentists may be impacted by the current economic landscape and what they should be focused on in their personal lives, dental practice and financial planning for a successful 2023 and beyond. Reach out to Art if you h...

In this episode of The Art of Dental Finance and Management podcast, Art meets with Daren Pladson, Principal and Senior Wealth Advisor at Eide Bailly. Art and Daren discuss how dentists can continue to build wealth by investing in the financial market, despite economic uncertainty. The key to good, healthy confidence in your financial future is to develop a plan and work with your financial adviso...

In this episode of The Art of Dental Finance and Management podcast, Art meets with Brannon Moncrief, Principal and CEO of McLerran & Associates, a dental transitions advisory firm. Art and Brannon discuss how dentists should evaluate the various aspects of transitioning to a DSO or taking on a private equity partner. Some key areas for dentists to consider include: • Calculating EBITDA and practi...

In this episode of The Art of Dental Finance and Management podcast, Art meets with Justin Klingshirn, Vice President of Dental Sales for Bank of America Practice Solutions. Art and Justin discuss the current economic conditions affecting interest rates and strategies for obtaining financing for dental practice startups, remodels or acquisitions. Reach out to Art if you have any questions regardin...

In this episode of The Art of Dental Finance and Management podcast, Art meets with Mel Schwarz, JD, CPA, Director of Legislative Affairs in Eide Bailly’s National Tax Office. Art and Mel discuss the various tax legislation influencing dentists’ year-end tax planning and how to best minimize tax liabilities. Some tax considerations include: • Employee Retention Credit (ERC) • Inflation Reduction A...

In this episode of The Art of Dental Finance and Management podcast, Art meets with Ben Peeler, Eide Bailly’s Tax Controversy Practice Leader to discuss how dentists can avoid common IRS pitfalls and better navigate the complexities of tax resolution. Reach out to Art if you have any questions regarding dental finance and management for your dental practice. More information about the Eide Bailly...

The financial aspect of retirement planning is not the only thing to consider. When you retire without a plan for how you’ll spend your free time, research indicates it can lead to disenchantment. Developing a non-financial retirement life plan and “practicing retirement” beforehand could help prevent that. In this episode of The Art of Dental Finance and Management podcast, Art meets with Alan Sp...

Like all entrepreneurs and business owners, dental practice owners experience tremendous personal and professional growth when they undergo leadership development training. In this episode of The Art of Dental Finance and Management podcast, Art meets with Chelsea Myers, Founder and CEO of Dental Life Coach to discuss how dentists can learn new strategies to empower their dental team with leadersh...

In this episode of The Art of Dental Finance and Management podcast, Art meets with Ray Martin, to discuss how dentists can transition from private insurance to Medicare after the age of 65. There can be complexities in applying for Medicare and Ray helps make the process less daunting. Reach out to Art if you have any questions regarding dental finance and management for your dental practice. Mor...

In this episode of The Art of Dental Finance and Management podcast , Art meets with Chief Strategy Officer of Fortune Management, Jennifer Tyson, to discuss strategies for dentists to preserve their private practice ownership. Reach out to Art if you have any questions regarding dental finance and management for your dental practice. More information about the Eide Bailly dental team can be found...

There are many myths and stereotypes surrounding the millennial generation in the workplace. Debunking these stereotypes will help you have a greater understanding of the unique differences as well as help you attract and retain staff. In this episode of The Art of Dental Finance and Management podcast , Art meets with Ryan Vet, author of Cracking the Millennial Code, to discuss how dentists can m...

During an economic downturn , dentists should focus on operating at peak performance to see positive results. In this episode of The Art of Dental Finance and Management podcast, Art outlines various strategies dentists can implement to overcome some of the challenges that come with an economic downturn, including: • Continuing to provide excellent patient care • Increasing likeability • Tracking...

With the increased costs of operating a dental practice, along with other economic pressures, dentists are increasingly looking to in-office dental membership plans to increase profitability. In this episode of The Art of Dental Finance and Management podcast, Art meets with Brad James, Director of Strategic Partnerships of Kleer, to discuss how dentists can profit from offering their patients an...

Attracting and retaining dental team members is a huge challenge for dentists. Yet, having a fully staffed dental practice allows you to operate more efficiently and profitably. In this episode of The Art of Dental Finance and Management podcast, Art meets with Holli Perez, Co-Founder and CMO of Direct Dental, to help dentists be more effective in their hiring process. Holli outlines the key areas...

In this episode of The Art of Dental Finance and Management podcast, Art provides general dental industry updates and trends, as well as tips to help dentists operate their practice more profitably. Art covers timely topics affecting dentists including: • HHS Provider Relief Funds • Employee Retention Credit • DSOs • PPOs Reach out to Art if you have any questions regarding dental finance and mana...

In this episode of The Art of Dental Finance and Management podcast, Art meets with Michael Dinsio of Next Level Consultants to discuss what steps dentists need to take to start up or purchase a new dental practice. Some of the key takeaways from this episode include how to: • Engage PPOs • Develop marketing strategies • Hire and retain a dental team • Reduce costs on construction and equipment •...

No matter what’s going on with the stock market or economy, it’s important for people to follow an established financial plan . When investing long term, markets will always fluctuate, so when you set goals, develop a plan and follow it through. It will help you grow your wealth despite volatility in the market. In this episode of The Art of Dental Finance and Management podcast , Art meets with D...

In this episode of The Art of Dental Finance and Management podcast, Art meets with Dr. Ed Zuckerberg, founder of Painless Social Media, a social media marketing business that helps dentists promote their practice. Dr. Zuckerberg shares technology tips for dentists and the importance of social media marketing to: • Promote their practice • Attract new patients • Maintain and improve relationships...

In this episode of The Art of Dental Finance and Management podcast, Art meets with Fred Joyal, founder of dentist referral business 1-800-DENTIST. Fred recently published the book “Superbold — From Under-Confident to Charismatic in 90 Days” and shares nuggets from what he’s learned throughout his dental marketing career, as well as how anyone can develop boldness in business and life. Reach out t...

In this episode of The Art of Dental Finance and Management podcast, Art meets with Dr. Cherilyn Sheets and Robert Hayman to discuss InnerView, a tool currently in the approval phase that helps dentists detect and diagnose structural damage in teeth and implants that can’t be seen in an x-ray or visual exam. InnerView uses quantitative percussion diagnostics to measure how structurally sound and s...