Our Services
Profit Margin Maximization
Dental Profits Institute is a company that provides a wide range of services to our dental practice clients. One of the key aspects of our service is the utilization of both offensive and defensive tactics to help our clients succeed. Offensive tactics refer to strategies that focus on growth and expansion, while defensive tactics focus on risk mitigation and protection of your dental practice.
One of the ways that Dental Profits Institute provides offensive tactics to our dental practice clients is through the provision of fractional CFO services. A fractional CFO is a part-time financial expert who works with dental practices on a contractual basis to help you manage your finances. With a Fractional CFO from Dental Profits Institute, dental practices can receive strategic financial advice, improve your cash flow management, and optimize your financial operations to drive growth.
Fractional CHIEF FINANCIAL OFFICER SERVICES
The Fractional CFO services that Dental Profits Institute offers our clients is a type of business service that provides experienced financial leadership, on an as-needed basis, specifically for dental practices.
We are a great option for small to mid-sized dental practices that cannot afford the full-time salary of a traditional CFO. By having a fractional CFO, your business will get the same level of expertise in various areas such as strategy, operations, and organization without needing to manage and pay the costs of a full-time employee.
Our Fractional CFOs come with a variety of skills, allowing us to provide a range of services to your practice.
Dental Profits Institute services can be tailored to fit the specific needs of your company and assist you in achieving your long-term goals. This is especially beneficial for companies that may not have the resources to hire a full-time CFO.
Dental Profits Institute Tax Services
Dental Profits Institute Tax Services provides a valuable solution for dental practices that need help dealing with their tax responsibilities. Our team of professionals will assist dental practices, of any size, providing best-in-class services to your practice, on a contractual basis. These services can include anything from tax preparation to consulting, planning, and compliance.
Having such a service can be beneficial to your practice as you often don’t have the resources to hire a full-time tax professional. Dental Profits Institute Tax Services can also offer the added advantage of being able to bring on a larger team of experts for more complex tax issues.
This allows your dental practice to get access to more specialized advice that may not be available to you in-house. Additionally, utilizing our tax services allows your dental practice to save money on employee costs and can give your business peace of mind, knowing that your tax responsibilities are taken care of by experienced and knowledgeable professionals.
Dental Profits Institute Bookkeeping Services
The Bookkeepers at Dental Profits Institute are skilled professionals who specialize in helping dental practices with your finances. We provide monthly bookkeeping services such as data entry, account reconciliation, budgeting, and reporting. These services will assist your dental practice to keep track of your spending and income, keep your budget under control and create specialized reports. We will also monitor your cash flow and will suggest ways to manage it better. Our bookkeepers understand the specific needs of dental practices and our services can be tailored to meet your individual needs.
You can rest easier knowing that your finances are in capable hands with Dental Profits Institute.
Clinical Director Services
At Dental Profits Insitute our Clinical Director will lead efforts to enhance the existing operating infrastructure of your practice, enabling an environment of growth.
The Clinical Director will provide monthly management over clinical Key Performance Indicators (KPIs), along with a strategic planning for near- and long-term practice goals. The Clinical Director will also develop and direct your practice’s performance metrics to ensure adequate and timely information is available to our client.
The Dental Profits Insitute Clinical Director also offers the following services:
- Tracking and accountability for your clinic’s KPIs.
- Proven scheduling solutions, to ensure your production-per-hour goals are not only achieved but increased.
- Incentive plans, based on profit margin that will drive results in all areas of your practice.
- Job descriptions, designed specifically for your practice, that will create role clarity and increase your revenue.
- Assistance in creating an onboarding process for all your team members.
- Insurance Evaluations and assisting you in negotiating fees and dropping insurance plans that are not profitable for your practice.
- Tracking and training on Case Presentation, with personally designed solutions for following up on unscheduled treatments.
- Increase patient retention rates by developing a Retention and Reactivation Plan designed for your practice.
- Increase new patient numbers by increasing customer service ensuring a great patient experience.
- Monthly Zoom meetings to make sure your team is on track with achieving your practice goals.
- Increase revenue by maximizing your team’s efforts and efficiency.
- Increase your team’s engagement and retention with incentive programs and job descriptions specifically tailored for your practice.
- Develop and train a multi-level leadership team.
Fractional CMO Services
The Dental Profits Insitute Fractional CMO works with your business to develop tailored strategies to improve your practice’s marketing efforts, both internal and external. These strategies may include brand awareness initiatives, lead generation campaigns, digital media plans and more. Our Fractional CMO will assist your practice in crafting your overall marketing strategy, coordinate with other departments within your organization and will keep track of your progress and performance. This allows your dental practice to focus your resources on the marketing initiatives that will have the most impact, while keeping your marketing budget under control. In addition, our Fractional CMO can provide valuable insights and advice on how to remain competitive in today’s digital landscape.
In short, the Dental Profits Insitute Fractional CMO model represents a highly efficient and cost-effective way to tap into the knowledge and expertise of a professional CMO, without the commitment of a full-time hire.
OUR PARTNERs
ANALYTICS & KEY PERFORMANCE INDICATOR DATA
Ask us about our proprietary software that will help you to easily analyze your practice’s performance and keep your business on track.
According to Dr. Jason B…
“The Key Performance Indicator (KPI) data that is provided to us by Dental Profits Institute, on a consistent basis, is the best in the industry.
Their proprietary dashboard gives me all of the vital data that I need to review my practice’s performance in a timely manner.”
Dental Profits Institute today to learn more about our unique KPI reports and how we can save you time and money.