Art of Dental Finance and Management

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 regarding dental finance and management for your dental practice. More information about the Eide Bailly dental team can be found at www.eidebailly.com/dentist.

Being more strategic in all aspects of your dental practice will lead to increased profitability. https://www.eidebailly.com/industries/health-care/dentists#chatForm

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 Act (IRA)

• Energy efficiency incentives

• Electric vehicles

• Tax-exempt organizations

• Recognizing capital gain

• Retirement plans

• Tax rate increase

• Depreciation of equipment and vehicles

• Deductions

• And more

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 at www.eidebailly.com/dentist.

Being more strategic in all aspects of your dental practice will lead to increased profitability. https://www.eidebailly.com/industries/health-care/dentists#chatForm

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 dental team can be found at www.eidebailly.com/dentist.

Being more strategic in all aspects of your dental practice will lead to increased profitability. https://www.eidebailly.com/industries/health-care/dentists#chatForm

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 Spector, author of Your Retirement Quest – 10 Secrets for Creating and Living a Fulfilling Retirement. Alan speaks on how dentists can avoid some of the common retirement pitfalls so they can live a fulfilling retirement that they’ve worked hard for.

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 at www.eidebailly.com/dentist.

Being more strategic in all aspects of your dental practice will lead to increased profitability. https://www.eidebailly.com/industries/health-care/dentists#chatForm

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 leadership development training.

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 at www.eidebailly.com/dentist.

We Can Help button] Being more strategic in all aspects of your dental practice will lead to increased profitability. https://www.eidebailly.com/industries/health-care/dentists#chatForm

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. More information about the Eide Bailly dental team can be found at www.eidebailly.com/dentist.

Being more strategic in all aspects of your dental practice will lead to increased profitability. https://www.eidebailly.com/industries/health-care/dentists#chatForm

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 at www.eidebailly.com/dentist.

Being more strategic in all aspects of your dental practice will lead to increased profitability. https://www.eidebailly.com/industries/health-care/dentists#chatForm

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 motivate and manage millennials on their dental team.

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 at www.eidebailly.com/dentist.

Being more strategic in all aspects of your dental practice will lead to increased profitability. https://www.eidebailly.com/industries/health-care/dentists#chatForm

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 key metrics

• Considering an in-house dental plan

• Cross-training your dental team

• Adding additional procedures

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 at www.eidebailly.com/dentist.

Being more strategic in all aspects of your dental practice will lead to increased profitability. https://www.eidebailly.com/industries/health-care/dentists#chatForm

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 in-office dental membership plan.

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 at www.eidebailly.com/dentist.

Being more strategic in all aspects of your dental practice will lead to increased profitability. https://www.eidebailly.com/industries/health-care/dentists#chatForm