Know Your Real Dental Practice Profit: A CFO’s View with Ken Kaufman

Is your bank balance giving you the full picture of your dental practice’s financial health?

Jordon Comstock sits down with Ken Kaufman of AccruDent to discuss what practice owners can learn from a CFO’s view of dentistry. Ken explains how cash-based reporting can hide the timing of revenue and expenses, why that becomes more complicated across multiple locations, and how accrual accounting can bring those numbers into focus.

In this episode:
• Cash versus accrual accounting and patient prepayments
• Rising staffing costs and pressure on practice margins
• The planning and operational changes involved in reducing PPO dependence
• Measuring doctor time, costs, and profit by procedure
• Cash forecasting and Ken’s “sleep at night” report
• Reinvesting profit in better patient care and a stronger practice

Connect with Ken and AccruDent: https://www.accrudent.com
Learn more about BoomCloud: https://boomcloudapps.com