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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.
172 Episodes
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In this episode of the Art of Dental Finance and Management Podcast, Art Wiederman is joined by Eide Bailly’s Director of Legislative Affairs Mel Schwarz for a conversation about the outcomes of the 2024 presidential election. From equipment purchases to pension plans, Art and Mel discuss potential shifts in tax legislation and how they may affect dental practices.
In this episode of the Art of Dental Finance and Management Podcast, Art Wiederman and Gene St. Louis dive deep into what it takes for dental practices to excel and achieve profitability. Their conversation covers a comprehensive range of topics, including the latest software and technology to streamline operations, essential leadership training to inspire and manage teams effectively, and strategies to create an exceptional customer experience that keeps patients coming back. Whether you’re looking to upgrade your practice’s tech stack or enhance your leadership skills, this episode is packed with actionable insights to help your dental practice thrive.
“If you want rockstars, you’ve got to have the right culture.” In this episode of The Art of Dental Finance and Management, Art is joined by Laura Nelson, founder of Front Office Rocks. Laura has drawn on firsthand experience as a front office manager to help practices nationwide elevate their culture and advance growth. Now, she’s sharing her insights with our listeners, discussing the critical role of customer service systems, the value of a positive work environment, and the importance of structured training for new employees. Tune in to learn how training a rockstar front office team can transform your dental practice!
In this episode of the Art of Dental Finance and Management, host Art Wiederman is joined by Brannon Moncrief of McLerran & Associates to delve into the complexities of DSO transactions. Whether you’re contemplating a practice sale or simply curious about the intricacies of these deals, this conversation covers essential topics such as the tricks DSOs might try to pull and the importance of having a sell-side advisor at the table when navigating a sale. Brannon and Art also discuss the current state of the private equity and DSO world, offering insights into what to expect when investing and transitioning in the dental space. Brannon shares how you can make the best decisions for your practice during exit — and avoid leaving millions on the table — by understanding your “why” and finding a buyer who aligns with your goals.
It’s no secret that dentistry has faced a drastic staffing shortage since the onset of the COVID-19 pandemic. The American Dental Association reported in 2022 that vacant positions in dental assisting and hygiene have reduced dental practice capacity by an estimated 10% nationally. In this episode of the Art of Dental Finance and Management, Art is joined by Holli Perez for a conversation about dental staffing. From crafting a successful job advertisement to building an effective onboarding process, Holli shares advice for attracting, hiring, and retaining new employees at every level — as well as some of the most common recruiting mistakes she sees in dental practices.
Approximately 39 million Americans suffer from obstructive sleep apnea. It’s a relatively common condition that can impact many areas of overall health — including oral health. In this episode of The Art of Dental Finance and Management, Art is joined by Dr. Dar Radfar for a conversation about the convergence of sleep science and dentistry. Dr. Radfar explains how practices and patients alike can benefit when sleep wellness is incorporated into dentists’ services. He also offers actionable advice for implementing sleep apnea treatment in your dental practice.
In this episode of The Art of Dental Finance and Management, Art is joined by Dr. Martin Mendelson for a conversation about the transformative power of positivity, specifically in dental practices. Dr. Mendelson shares his personal journey from dentist to coach and the mindset shifts that allowed him to turn a devastating diagnosis into a fulfilling career. Dr. Mendelson introduces the concept of T.E.A.M. — how our Thoughts drive our Emotions, which drive our Actions, which Manifest our results. He also discusses the importance of curiosity and open communication in creating a positive workplace culture.
Janice Hurley has helped practices across the country increase their profit margins by decreasing their dependency on outside insurance plans. In this episode of The Art of Dental Finance and Management, Janice walks Art through the five things any dental practice must consider before dropping an insurance plan, as well as how to prevent losing patients during the transition. Listeners of the podcast are encouraged to email Janice at jhurley@janicehurley.com for a chance to win a free copy of her book, Dental Image Branding: How to Create Optimal Patient Impact.
“Today is the first day of the rest of your life. There's nothing you can do about all the days before today.” In this special 200th episode of The Art of Dental Finance and Management, Art reflects on his 40-year career as a dental CPA — including how he got to where he is today and where he hopes to go next. Art encourages listeners to do the same and shares his advice for becoming not just a more successful dentist, but a happier, more fulfilled person. Thank you to our listeners, creative partners, sponsors, and everyone else who has made this milestone possible!
Social media is no longer a nice-to-have for dental practices; it’s a must-have. In this episode of The Art of Dental Finance and Management, Art Wiederman is joined by author and social media marketing specialist Rita Zamora for a conversation about leveraging social media to attract patients, recruit employees, and build trust. Rita shares best practices for what, when, and how to post for the maximum impact. Listeners of the podcast are encouraged to email Rita at rita@ritazamora.com for a special offer.
In this episode of The Art of Dental Finance and Management, host Art Wiederman is joined by acclaimed dental attorney Ali Oromchian for a conversation about human resources in dentistry. Ali shares the most common HR mistakes he sees in dental practices, as well as advice for avoiding legal challenges, maintaining compliance, and fostering a positive work environment. Art and Ali also discuss some of the most pressing issues in dentistry today: artificial intelligence, hybrid work, and an aging workforce.
In this episode of The Art of Dental Finance and Management, host Art Wiederman welcomes dental attorney Jason Wood to discuss crucial legal considerations for practices thinking about selling to a Dental Service Organization (DSO). They cover who should (and shouldn’t) consider selling, common mistakes and how to avoid them, and essential pre-sale factors to ensure a smooth and profitable transition. Tune in for helpful advice on navigating the DSO partnership process and making informed decisions for your practice.
More than two thirds of Americans do not have a proper estate plan in place. In this episode of the Art of Dental Finance and Management, Art is joined by attorney Joshua Meier for a conversation about the importance of estate planning — particularly in the dental profession — and the key individuals and documents involved in developing an estate plan. Art and Joshua also discuss common challenges and misconceptions in estate planning and how to address them.
In this episode of The Art of Dental Finance and Management, Art is joined by Chip Fichtner, co-founder and principal of Large Practice Sales. Chip sheds light on the difference between a traditional Dental Support Organization (DSO) and an invisible DSO, the benefits of selling your dental practice to an invisible DSO, and the keys to forming a successful silent partnership.
In this episode of The Art of Dental Finance and Management, Art is joined by nationally renowned dental practice management coach, speaker, and author Penny Reed. Penny shares her five key strategies for growing your dental business, from increasing your new and active patient load to improving office efficiency. Plus, she explains how running a dental practice is just like staging a Broadway show — after all, “there’s no business like smile business.”
In this episode of The Art of Dental Finance and Management, Art is joined by Sameer Bhasin, Vice President of Strategic Alliances at CareCredit, for a conversation about third-party patient financing. They discuss the financial barriers that may prevent patients from moving forward with recommended treatment, and Sameer provides practical advice for practitioners and administrators navigating these uncomfortable conversations — all with the goal of encouraging patients to pursue necessary, life-improving care.
In this episode of The Art of Dental Finance and Management, Art sits down with Cait Donovan to explore the complex issue of burnout in dental practices. They delve into the causes and symptoms of burnout, its prevalence in the industry, and the unique challenges practitioners face. Cait shares insights on managing and preventing burnout, offering practical advice for maintaining well-being in a demanding profession.
In this episode of The Art of Dental Finance and Management, Art speaks with colleagues Scott Haberman and Don Watson, both partners at Eide Bailly. The three address some of the most frequently asked questions they receive every tax season and discuss potential tax law changes that may impact dental practices.
Melissa K. Turner represents a new generation in dentistry, with a focus on transforming the future through innovative technology, inclusion, and practitioner wellbeing. In this episode of The Art of Dental Finance and Management podcast, Art speaks with Melissa about the benefits of teledentistry and why every dental practice — regardless of size or location — should consider adding virtual services to their operation.
In this episode of The Art of Dental Finance and Management podcast, Art chats with Michael Anderson and Laura Maly, founders of Wonderist Agency, about how to create a successful marketing plan. They discuss best practices for creating a website, curating a successful social media presence, and building a memorable brand for your dental practice.
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