Virtual Practice CFO PREMIUM

• Set Your Plans to Manage Your Practice
• Track Valuable Key Indicators in Real Time
• Increase Productivity and Encourage Good Habits
• Forecast the Future & Easily Make Course Corrections

Virtual Practice CFO (VPCFO) was created by DoctorsCFO so that medical, dental and all other health clinics could have a simple-to-use planning, forecasting and tracking solution. Combined with our online training and certification program, you will have the technical and theoretic knowledge to be successful. The VPCFO is our method to easily apply the theory you will learn in the course. The training, combined with the VPCFO Premium tools, will help your office improve operational performance and financial profitability.

Quarterly 1-on-1’s

Each quarter, you can participate in a live 30 minute review of your financial numbers with Carl Stoddard, and get his expert perspective on your practice performance and areas for possible improvement.

Video Reports

Every month we will send a unique video report (5-10 minutes) on how your practice is performing, based on the Virtual Practice CFO.

Office Manager University

New Patient Tracker

This a specialized software tool to you help you answer:

1. Where your new patients are coming from?
2. How much they are costing for each source?

It can be as detailed or as general as you choose, based on the needs and objectives of your business.

Raise Planner

The raise planner helps you determine how raises should be divvied up to your employees based on best practices. There is online training to support the process.

Advanced QuickBooks Online Reporting

Take the QuickBooks or Xero reporting of your practice to the next level! Membership includes all of the initial setup.
Special customization available at an additional charge.

Integration of QuickBooks into VPCFO

If you are using QuickBooks online, we will export your data monthly and conveniently enter it into VPCFO.

Deposit Reconciliation

This is a specialized tool that helps reconcile your billing system deposits (collections) to QuickBooks Revenue. We support your success with online training.

Provider Goals & Reporting

This is an online tool where you can create provider-level goals, and compare the actual results each month. It is intended to be reviewed with your provider monthly.

Pricing Model Tool for Services & Equipment-Based Services

This is an effective tool to model your profit, costs and margins for all services from botox that have a material, labor and commission costs as well as those that utilize expensive equipment. You can find break even points, and compare different scenarios side by side.

Inventory Tracker

This is an effective tool to track your inventory costs so you can manage your inventory spend more effectively and efficiently.

Associate Pay Worksheet

This is a worksheet to help calculate your associate pay. While quite comprehensive, there may be an additional charge if your practice is experiencing a high turnover rate.