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Why Your Associate's Professional Insurance Won't Save Your DSO (E.24)
Herb Ford, VP at Risk Strategies Dental Practice (Brown & Brown Company) and longtime insurance industry insider, exposes the silent killer of emerging dental groups: catastrophic insurance gaps that owners don't discover until the lawsuit arrives. While multi-location practices celebrate growth and expansion, they're unknowingly operating with fractured liability coverage - associates control the protection for million-dollar corporations, general agents miss dental-specific risks, and one credit card decline can leave an entire DSO completely exposed to financial ruin.
Key Revelations:
The Professional Liability Disaster Waiting to Happen
💡 The "Ask Ken" Question:
"Should I hire an in-house CFO or use a fractional one?"
Ken's answer: Timing is everything. Hire too early and they're bored; too late and you've already left millions on the table. Most DSOs need 10-20+ locations before a $250K-$300K strategic CFO makes sense. Until then? Fractional CFO who's hands-on coaching your team - not just showing up to meetings. Define the outcomes you need, then structure the role around that.
Top 3 Episodes of The Dental Truth Project. Listen Now!
(E.15) We Pulled Insurance Duty From Our Front Desk - Revenue Jumped 30% - Francesca Pregano, Smile Makers Dental Center
(E.1) How Outsiders Invaded Dentistry and Destroyed Billions - Brian Colao, Dykema
(E.19) The Pay-to-Play Dental Conference Problem - Matthew McGaw, DSO Compass
Got a burning question about dental finance?
Submit your question, and it could be featured in a future episode.
Ask Ken Form: https://resources.accrudent.com/ask-ken-form-the-dental-truth-project
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By The Dental Truth ProjectHerb Ford, VP at Risk Strategies Dental Practice (Brown & Brown Company) and longtime insurance industry insider, exposes the silent killer of emerging dental groups: catastrophic insurance gaps that owners don't discover until the lawsuit arrives. While multi-location practices celebrate growth and expansion, they're unknowingly operating with fractured liability coverage - associates control the protection for million-dollar corporations, general agents miss dental-specific risks, and one credit card decline can leave an entire DSO completely exposed to financial ruin.
Key Revelations:
The Professional Liability Disaster Waiting to Happen
💡 The "Ask Ken" Question:
"Should I hire an in-house CFO or use a fractional one?"
Ken's answer: Timing is everything. Hire too early and they're bored; too late and you've already left millions on the table. Most DSOs need 10-20+ locations before a $250K-$300K strategic CFO makes sense. Until then? Fractional CFO who's hands-on coaching your team - not just showing up to meetings. Define the outcomes you need, then structure the role around that.
Top 3 Episodes of The Dental Truth Project. Listen Now!
(E.15) We Pulled Insurance Duty From Our Front Desk - Revenue Jumped 30% - Francesca Pregano, Smile Makers Dental Center
(E.1) How Outsiders Invaded Dentistry and Destroyed Billions - Brian Colao, Dykema
(E.19) The Pay-to-Play Dental Conference Problem - Matthew McGaw, DSO Compass
Got a burning question about dental finance?
Submit your question, and it could be featured in a future episode.
Ask Ken Form: https://resources.accrudent.com/ask-ken-form-the-dental-truth-project