Welcome to the Art of Dental Finance and Management with Art Wiederman, CPA. This is the show that will help you to meet your personal and business financial goals through saving taxes, investing and planning wisely and managing your dental practice, so it can become as profitable as possible. Here is your host…CPA Art Wiederman.
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
• Conduct management due diligence
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 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 with existing patients
• Manage the...
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 to Art if you have any questions reg...
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 strong a tooth or implant is. Certain...
In this episode of The Art of Dental Finance and Management podcast, Art meets with Dr. Roy Shelburne, a medical records keeping and business systems consultant who helps protect dentists from committing healthcare fraud. Dr. Shelburne has developed a compliance program for dentists to help them keep accurate records in their practice.
In March 2008, Dr. Shelburne was found guilty of healthcare fraud, racketeering and money launderi...
Accurate medical billing can be a lot for healthcare professionals and dentists to track. After all, there were over 400 CPT code changes in January 2022, including 249 new codes, 63 deletions and 93 revisions..
In this episode of The Art of Dental Finance and Management podcast, Art speaks with Susan Rohde, Senior Manager in Eide Bailly’s healthcare division, on the latest in medical and dental coding.
In this episode, Susan and ...
It’s been said, “Success without fulfillment is the ultimate failure.” In your dental practice, growth doesn’t always equate to happiness. In this episode of The Art of Dental Finance and Management podcast, Art speaks with Kiera Dent from the consulting company, The Dental A Team.
Kiera and Art discuss ways to take care of your team and build a good culture in your practice. They also discuss optimizing everything from system pro...
In this episode of The Art of Dental Finance and Management podcast, Art meets with Dr. Summer Kassmel, dental practice owner and business coach for dentists. Art and Dr. Kassmel discuss important HR topics affecting dentists including how to:
• Navigate the “Great Resignation” trend
• Communicate with staff
• Attract and hire high-caliber employees
• Create a dynamic workplace culture
Reach out to Art if you have any questions re...
In this episode of The Art of Dental Finance and Management podcast, Art meets with fellow Eide Bailly dental CPAs Scott Haberman and Don Watson to discuss how dentists can best prepare for the coming tax filing season. They cover some key tax prep considerations to ensure a less taxing experience:
o Gather all tax information
o Report all income
o Identify all legal deductions
o Calculate salary for S Corporation shareholders
In this episode of The Art of Dental Finance and Management podcast, Art meets with Dr. Mark Costes of Dental Success Network to discuss how dentists can reduce overhead and increase profitability in their dental practice. Five key areas dentists can focus on to help increase their practice profitability include:
o Foundational core values
o Operational manual
o Patient experience
o Cash flow control
o New patient acquisition
The number one challenge dental practices have had for years has been to find and retain good team members, and that is even more important given the COVID-19 pandemic. In today’s episode of The Art of Dental Finance and Management podcast, Art speaks with dental consultant Sharyn Weiss about issues in hiring and compensating of dental team members. Art and Sharyn discuss why “competitive” compensation really does not mean anythi...
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