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How to Help Your Medical or Dental Practice Survive the COVID-19 Pandemic
Medical and Dental practice owners are facing unprecedented times as they try to figure out how to survive the partial and potentially full
Doctors CFO
Mar 19, 20207 min read
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What Do Financial Statements Tell You About Your Medical or Dental Practice?
Though the profit and loss, statement of cash flow, and balance sheet are necessary for any business, financial statements for a Medical or
Doctors CFO
Jan 23, 20207 min read
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Why Is It Important to Understand Your Practice's Financial Condition?
Whether they specialize in dental, chiropractic, podiatry, dermatology, integrative medicine or any other medical or dental specialty; it is
Doctors CFO
Jan 8, 20206 min read
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What is a Chief Financial Officer (CFO)?
Like a doctor, a CFO needs experience in and out of the classroom. Typically they have an accounting degree and a Masters in business.
Doctors CFO
Dec 30, 20197 min read
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How to Make Smarter Purchases for Your Practice.
Have you ever walked around your house and wondered "Why did I buy this?" when you have only used the item once or maybe never?
Doctors CFO
Dec 11, 20195 min read
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Why Should My Reporting System Be Different From My Medical/Dental System?
The focus of today's article will be on the importance of having a reporting system that is independent from your medical or dental system (
Doctors CFO
Sep 9, 20196 min read
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What Are the Roles of a Wealth Advisor?
Many doctors and dentists are not experts at financial planning, and that is why we recommend practice owners meet with a Wealth Advisor
Doctors CFO
Jul 24, 20196 min read
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What Does Your CPA Expect Your Spouse or Long Term Partner to Know About Your Practice?
Since we have already covered the important things that a CFO would need from a spouse acting as the owner, this article will focus on what
Doctors CFO
Jun 10, 20196 min read
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What Does Your CFO Expect Your Spouse or Long Term Partner to Know About Your Practice?
In this article, we would like to focus a little more on the sixth responsibility of the owner's spouse or trusted long term partner; Prepar
Doctors CFO
May 23, 20196 min read
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What Are the Roles a CFO?
If you want to run your practice as a profitable business, it is a good idea to hire an external CFO (Chief Financial Officer).
Doctors CFO
Apr 17, 20196 min read
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Why your practice needs management reporting?
Last week we discussed how management reporting differs from tax statements, so I wanted to provide more discussion on why your practice nee
Doctors CFO
Oct 18, 20184 min read
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Medical Practice Management and Tax Reporting
One might wonder why do I need management reporting different from tax reporting? Though both should be sourced from QuickBooks, they have d
Doctors CFO
Oct 12, 20184 min read
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EBITDA for Doctors and Dentists
EBITDA is one of those "smart" words thrown around word by managed service organizations (MSO) and dental service organizations (DSO) member
Doctors CFO
Oct 3, 20184 min read
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