DSO CFO’s Post

🦷💰 Doing a monthly buduget vs actual analysis will help you diagnose issues, course correct, & reduce costs to your dental practice(s). Of course, you need practice budget in the first place to do this, as well as a mechanism to track & record actual performance. You will become more familiar with your numbers & performance by doing this exercise regularly. #dentalgroup #dentalgrouppractice #groupdentistry #dentalindustry #groupdentistrynow #groupdental #dentistry #dentist #patientrecruitment #patientexperience #dental #dentalpractice #dentalpracticemanagement #mergersandacquisitions #dentalpracticesolutions #dentaltechnology #DSOs #dentalcare #healthcare #dso

🦷💼 I cannot emphasize enough the importance of building a cash forecast that projects monthly burn over the next 12-18 months. Good, viable dental practices & group practices can & will close their doors in this unique environment when it could've been avoidable. Know your cash balance & runway cold. #dentalgroup #dentalgrouppractice #groupdentistry #dentalindustry #groupdentistrynow #groupdental #dentistry #dentist #patientrecruitment #patientexperience #dental #dentalpractice #dentalpracticemanagement #mergersandacquisitions #dentalpracticesolutions #dentaltechnology #DSOs #dentalcare #healthcare #dso

🦷💰 Be cautious when selecting your Dental Practice KPIs. In my experience, dentists/practice owners tend to choose too many. You only need a few. If you move in all directions simultaneously, you stay in the same place. #dentalgroup #dentalgrouppractice #groupdentistry #dentalindustry #groupdentistrynow #groupdental #dentistry #dentist #patientrecruitment #patientexperience #dental #dentalpractice #dentalpracticemanagement #mergersandacquisitions #dentalpracticesolutions #dentaltechnology #DSOs #dentalcare #healthcare #dso

🦷💰 Be cautious when selecting your Dental Practice KPIs. In my experience, dentists/practice owners tend to choose too many. You only need a few. If you move in all directions simultaneously, you stay in the same place. #dentalgroup #dentalgrouppractice #groupdentistry #dentalindustry #groupdentistrynow #groupdental #dentistry #dentist #patientrecruitment #patientexperience #dental #dentalpractice #dentalpracticemanagement #mergersandacquisitions #dentalpracticesolutions #dentaltechnology #DSOs #dentalcare #healthcare #dso

🦷📈 With 2024 nearly half way through, please keep in mind that it's never too late to build a budget for your practice & track actuals vs. that budget each month. Mature DSO's & groups are doing this religiously & there's a good reason. #dentalgroup #dentalgrouppractice #groupdentistry #dentalindustry #groupdentistrynow #groupdental #dentistry #dentist #patientrecruitment #patientexperience #dental #dentalpractice #dentalpracticemanagement #mergersandacquisitions #dentalpracticesolutions #dentaltechnology #DSOs #dentalcare #healthcare #dso

🦷💼 We're into the 2nd half of the year. If your dental practice is like most, things have changed since you first built your 2024 forecast. The end of 1H is a great time to re-forecast the remainder of the year. #dentalgroup #dentalgrouppractice #groupdentistry #dentalindustry #groupdentistrynow #groupdental #dentistry #dentist #patientrecruitment #patientexperience #dental #dentalpractice #dentalpracticemanagement #mergersandacquisitions #dentalpracticesolutions #dentaltechnology #DSOs #dentalcare #healthcare #dso

🦷💼 We're into the 2nd half of the year. If your dental practice is like most, things have changed since you first built your 2024 forecast. The end of 1H is a great time to re-forecast the remainder of the year. #dentalgroup #dentalgrouppractice #groupdentistry #dentalindustry #groupdentistrynow #groupdental #dentistry #dentist #patientrecruitment #patientexperience #dental #dentalpractice #dentalpracticemanagement #mergersandacquisitions #dentalpracticesolutions #dentaltechnology #DSOs #dentalcare #healthcare #dso

I can't believe we are in the second half of 2024! Time flies. Take Austin Moffat's advice and re-forecast the remainder of the year, and get back on track to meeting those goals. #DentalGroupPracitce #GroupDentistry #2024FinancialGoals #DentalPracticeSolutions

2024 has been an incredible year of growth and achievement for all of us! As we reflect on everything we've accomplished, we're filled with gratitude and pride.🤩🌟 We're looking forward to another busy year working with and supporting our practices 💛 3, 2, 1, ACTION... ~ #wrappedup #2025 #wrapoftheyear #practiceplan #dentistry #nhsdentistry #nhstoprivate #privatedentistry #dentistryworld #dentalresearch #dentalplans #DentistryUK #NHSdentistry #dentalplan #ukdentistry #dentist #dental #nhstoprovate #planprovider #bepp

🦷💼 I cannot emphasize enough the importance of building a cash forecast that projects monthly burn over the next 12-18 months. Good, viable dental practices & group practices can & will close their doors in this unique environment when it could've been avoidable. Know your cash balance & runway cold. #dentalgroup #dentalgrouppractice #groupdentistry #dentalindustry #groupdentistrynow #groupdental #dentistry #dentist #patientrecruitment #patientexperience #dental #dentalpractice #dentalpracticemanagement #mergersandacquisitions #dentalpracticesolutions #dentaltechnology #DSOs #dentalcare #healthcare #dso