How you manage inventory as a dental practice owner, can have a direct impact on the bottom line of your practice; ordering inefficiently can squander precious capital that could be used for training staff, investing in technology or marketing, while failing to streamline inventory can result in time wasted searching for supplies, coping with stock […]
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Tax Saving Strategies No Dental Professional Should Overlook
If you’re a dentist, oral surgeon, or practice owner who doesn’t invest in professional tax services, there’s a good chance you could be missing out on some pretty significant tax savings through deductions and credits. With the help of professional tax planning for oral surgeons, you could identify tax saving strategies to maximize your profits […]
6 Clear Benefits Of Professional Bookkeeping For Dentists
No matter how much you trust your team as a dental practitioner, if you don’t have any formal financial oversight, your practice’s revenue could easily be diminishing without your knowledge, due to billing errors, insurance fraud, unidentified discrepancies, mismanaged expenses, or even fraud. Protecting your business against fraud and maintaining financial transparency are valid reasons […]
Speed Up Insurance Claim Reimbursements With Dental Accounting Services
Dealing with patient insurance claims as a dental practitioner can be time consuming, headache-inducing, and incredibly frustrating. With reams of paperwork to trawl through, billing to make accurate, denials to address, and a cashflow to try and maintain, it can feel like a never-ending cycle of confusion and misery. Handling these claims without the help […]
Essential Tax Services For Oral Surgeons & Orthodontists
For dental professionals such as oral surgeons and orthodontists, keeping up-to-date and compliant with taxes is incredibly important, particularly as the healthcare industry as a whole has some uniquely challenging tax rules and regulations. From complicated deductions and maintaining compliance when tax season comes around, to planning taxes throughout the year, engaging with an accounting […]
Should Your Dental Office Outsource Bookkeeping, Accounting, Or Both?
Most dentists who choose to open a practice of their own, do so because they enjoy helping patients better manage their teeth and oral hygiene; they certainly don’t do it out of love for bookkeeping and accounting. That’s why many dental professionals hire specialist bookkeepers and accountants to help them maintain their financial records, and […]