How to Profit Without Dropping Dental Insurance (E.45)

How to Profit Without Dropping Dental Insurance (E.45)

Angie Hopper, Chief Operating Officer of Premier Dental Center, breaks the industry's favorite rule: go fee-for-service or lose out. While the loudest voices in dentistry preach dropping insurance to protect margins, Premier Dental Center did the opposite — went deeper in-network — and grew one location from 4 operatories to 12, added a 10-op and a 6-op site, and now runs on 80% insured patients. The catch: smaller margins mean zero room for sloppy operations.  This episode challenges one of dentistry's biggest assumptions: You don't have to choose between serving more patients and building a profitable practice. With the right systems, operational discipline, and financial strategy, you can do both.   Key Revelations: Growing Bigger by Taking Less Per Patient * Why choosing to serve more patients instead of maximizing profit per patient created a stronger culture, accelerated growth, and built a more resilient dental organization. * How negotiating directly with insurance companies, manufacturers, and financing partners unlocked savings that most dental groups never realize are available. * Why 80% of their patients are in-network—and how that decision fueled the growth from one small practice into four thriving locations without sacrificing profitability. * The overlooked billing mistake that slows cash flow for growing practices—and why outsourcing revenue cycle management became one of their smartest business decisions. 💡 The "Ask Dallin" Question: "How do I know if I'm spending too much on staff?"   Dallin's answer: Staff costs should always be measured as a percentage of revenue—not by dollar amount. Around 20% is best-in-class, 25% is typical, and anything significantly above that is a signal to either improve production per employee or rethink staffing levels. Always calculate using fully loaded payroll, including taxes and bonuses.   Top 3 Episodes of The Dental Truth Project. Listen Now! NEW BOOK - COMING SOON Get early access to Roll the Equity: How Smart Dental Founders Sell Their DSOs Join the insider's list here 👇 https://resources.accrudent.com/roll-the-equity-insider-list [https://resources.accrudent.com/roll-the-equity-insider-list]    Got a burning question about dental finance? Submit your question, and it could be featured in a future episode. Ask Ken Form: https://resources.accrudent.com/ask-ken-form-the-dental-truth-project [https://resources.accrudent.com/ask-ken-form-the-dental-truth-project]

The AI Tool That Grows Revenue Without More Patients (E.44)

Dr. Vinni Singh, founder of DentScribe and practicing dentist reveals why many dental practices are chasing the wrong growth strategy. While owners pour money into attracting new patients, they're overlooking the biggest revenue opportunity already sitting in their chairs. She explains how overlooked clinical notes, forgotten patient conversations, and inefficient workflows quietly cost practices thousands in production every year—and how AI is helping dentists deliver better care while increasing case acceptance without adding more staff.   Key Revelations: The Money You're Forgetting You Already Made * AI-powered clinical notes do more than document visits—they build a psychological buying profile that helps your team present treatment in the way each patient is most likely to accept. * The biggest revenue opportunity isn't attracting more new patients—it's identifying the treatment opportunities already hidden within your existing patient base. * Smart documentation becomes a coaching tool, helping new dentists recognize treatment opportunities, improve case presentation, and gain confidence much faster. * Patients are more likely to accept treatment when their dentist remembers previous conversations, concerns, and goals—something AI makes effortless.   💡 The "Ask Ken" Question: "What's the one number I should look at every week if I want to stay out of financial trouble?" Ken's answer: Watch your cash flow every week. Cash is the lifeblood of your practice, and a simple cash forecast gives you visibility into what's ahead. When you know whether you're generating or burning cash, you can avoid surprises, make confident decisions, and, as Ken puts it, create your own "sleep at night" report. Top 3 Episodes of The Dental Truth Project. Listen Now! (E.34) The 5 Pillars of a Thriving DSO [https://www.accrudent.com/podcast-e34-the-dental-truth-project-the-5-pillars-of-a-thriving-dso] - Ash Toub, Smile Data and Ponce Dental Studio  (E.38) Roll the Equity or Take the Cash and Walk Away? [https://www.accrudent.com/podcast-e38-the-dental-truth-project-roll-the-equity-or-take-the-cash-and-walk-away] - Mark Haddad, Specialty1 Partners | ScoutIQ (E.15) We Pulled Insurance Duty From Our Front Desk - Revenue Jumped 30% [https://www.accrudent.com/podcast-e15-the-dental-truth-project-we-pulled-insurance-duty-from-our-front-desk-revenue-jumped-30percent-e15] - Francesca Pregano, Smile Makers Dental Center NEW BOOK - COMING SOON Get early access to Roll the Equity: How Smart Dental Founders Sell Their DSOs Join the insider's list here 👇 https://resources.accrudent.com/roll-the-equity-insider-list [https://resources.accrudent.com/roll-the-equity-insider-list]    Got a burning question about dental finance? Submit your question, and it could be featured in a future episode. Ask Ken Form: https://resources.accrudent.com/ask-ken-form-the-dental-truth-project [https://resources.accrudent.com/ask-ken-form-the-dental-truth-project]

Why DSOs Keep Losing Their Best People (E.43)

Frank Clayton, CEO & Founder of RedThread Solutions, Former Practice Owner and PE Advisor — de novo practice founder turned DSO insider — spent 23 years building a high-performing practice, sold to a DSO, and then watched the machine from the inside during a two-year earnout. What he saw confirms what many DSO operators quietly suspect: the people problem is the real operational crisis, and most PE groups are managing spreadsheets while their best employees quietly walk out the door. Post-acquisition, the moment a key employee leaves, they take with them 15 years of patient relationships, clinical knowledge, and the invisible systems that no SOP manual can capture — and DSOs are losing hundreds of thousands of dollars before they even see the smoke.   Key Revelations: The Hidden Cost of Losing Your Key People * A single key employee exit can cost a practice six figures in lost production, recruiting, and ramp-up time — before you factor in patient attrition * Dental practices aren't plug-and-play factories; high-performing offices are built on relationships that move your multiple higher — and don't show up on a spreadsheet until they're gone * DSOs squabbling over a $1/hour raise for a 15-year hygienist are making a six-figure mistake hiding in plain sight * The top-down mandate approach doesn't work in dentistry — bottom-up leadership and support for the people who actually generate your revenue is the operational edge most groups are ignoring   💡 The "Ask Dallin" Question: "How often should I be looking at my financial statements?" Dallin's answer: Monthly is the absolute bare minimum — and that means P&L, balance sheet, and statement of cash flows. The CEOs of the largest public companies in the world don't delegate this, and neither should you. If you're thinking about expansion, consolidation, or an exit, what you don't know about your own numbers will cost you. Top 3 Episodes of The Dental Truth Project. Listen Now! (E. 3) How Associate Mismanagement Is Bankrupting Dental Groups [https://www.accrudent.com/podcast-the-dental-truth-project-how-associate-mismanagement-is-bankrupting-dental-groups-e3] - Eric Roman, Dental Associate Growth (E.18) Why Half Your DSO Budget Is Disappearing Into Toxic Culture [https://www.accrudent.com/podcast-e18-the-dental-truth-project-why-half-your-dso-budget-is-disappearing-into-toxic-culture] - Gabriel Hofmann, The Dental Efficiency Guy (E.26) You Keep Losing Dental Team Members. Have You Asked Yourself Why? [https://www.accrudent.com/podcast-e26-the-dental-truth-project-you-keep-losing-dental-team-members-have-you-asked-yourself-why] - Bonnie Thompson, Forest Family Dentistry NEW BOOK - COMING SOON Get early access to Roll the Equity: How Smart Dental Founders Sell Their DSOs Join the insider's list here 👇 https://resources.accrudent.com/roll-the-equity-insider-list [https://resources.accrudent.com/roll-the-equity-insider-list]    Got a burning question about dental finance? Submit your question, and it could be featured in a future episode. Ask Ken Form: https://resources.accrudent.com/ask-ken-form-the-dental-truth-project [https://resources.accrudent.com/ask-ken-form-the-dental-truth-project]

DSO: Economies of Scale Is a Myth (E.42)

George Hariri, Chief Financial Officer and Co-Founder of Shared Practices, exposes why most multi-location dental groups are quietly bleeding value: the "economies of scale" pitch is a fallacy once you factor in higher debt costs and bloated central teams, centralizing functions just moves expenses around instead of cutting them, and the GP acquisition model has an identity crisis — everyone's buying the same eight-op, $2M+ practice with no real plan to add value once they own it.   Key Revelations: Why Bigger Isn't Always Better * Multi-location debt is more expensive — DSOs pay higher interest and carry a full executive layer on top of practice-level costs * "Maturation means centralization" is a trap — pushing work to a central team doesn't eliminate practice-level costs, it just duplicates them * Most General Practice acquisition groups buy the exact same practice profile, which means they all give private equity the exact same answer to "what makes you different?" * The old playbook — buy low, sell high, change nothing — is dead. Private equity now wants proof you add value, not just collect logos   💡 The "Ask Ken" Question: "How do you know if your associate dentists are actually profitable?" Ken's answer: Most dental groups never measure production in terms of hours worked — that's the first blind spot to fix. Track doctor hours alongside procedures, and you'll get real traction on true profitability, even before you tackle the harder allocation questions like supplies, lab costs, and overhead. Top 3 Episodes of The Dental Truth Project. Listen Now! (E. 2) Why High-Multiple Exits Are Bankrupting Dental Practices [https://www.accrudent.com/podcast-the-dental-truth-project-why-high-multiple-exits-are-bankrupting-dental-practices-e2] - AJ Peak, Health Wealth Capital (E.5) The DSO Valuation Crash No One Talks About [https://www.accrudent.com/podcast-the-dental-truth-project-the-dso-valuation-crash-no-one-talks-about-e5] - Gareth Petsch, pH Partners (E.38) Roll the Equity or Take the Cash and Walk Away? [https://www.accrudent.com/podcast-e38-the-dental-truth-project-roll-the-equity-or-take-the-cash-and-walk-away] - Mark Haddad, Specialty1 Partners | ScoutIQ NEW BOOK - COMING SOON Get early access to Roll the Equity: How Smart Dental Founders Sell Their DSOs Join the insider's list here 👇 https://resources.accrudent.com/roll-the-equity-insider-list [https://resources.accrudent.com/roll-the-equity-insider-list]    Got a burning question about dental finance? Submit your question, and it could be featured in a future episode. Ask Ken Form: https://resources.accrudent.com/ask-ken-form-the-dental-truth-project [https://resources.accrudent.com/ask-ken-form-the-dental-truth-project]

He Stole From Us. Here's How We Let It Happen. (E.41)

Most dental leaders only share their wins. Dr. Hardik Chodavadia, Co-Founder of Enamel Dentistry, does the opposite — and that's exactly what makes this episode required listening.  A highly capable, deeply trusted team member stole a significant amount of money from Enamel Dentistry — and the worst part? They saw the warning signs and couldn't act because he was too embedded to remove.  From a trusted team member who stole from the business to the AI technology quietly transforming how his teams perform, Dr. Hardik gives you the unfiltered version of what building a DSO really looks like.   Key Revelations: When "Indispensable" Becomes a Liability * Embezzlement in dental is far more common than anyone admits. Most operators only hear about it after it happens to them * Never let one person hold the keys to everything — access, relationships, systems, and finances should never all live in the same hands * If removing someone feels impossible, that's the signal — not a reason to wait, but a reason to restructure now * Build in redundancy across critical roles so you retain the ability to make personnel moves without the business falling apart   💡 The "Ask Dallin" Question: “What is unearned revenue — and why does it matter before a transaction?” Unearned revenue is the opposite of AR: the patient has already paid you, but you haven't done the work yet. It shows up in your practice management software as a negative credit balance and lives on your balance sheet as a liability. Common in high-ticket cases like All-on-4, where payment is collected before the procedure is complete.   Top 3 Episodes of The Dental Truth Project. Listen Now! (E. 17) Serial Embezzlers Are Job-Hopping Through Dental Practices—Is Yours Next? [https://www.accrudent.com/podcast-e17-the-dental-truth-project-serial-embezzlers-are-job-hopping-through-dental-practicesis-yours-next] - David Harris, Prosperident Inc. (E.20) Fake Codes, Hidden Fraud & The Accounting Nightmare [https://www.accrudent.com/podcast-e20-the-dental-truth-project-fake-codes-hidden-fraud-and-the-accounting-nightmare] - Paul Lowry, Dental Menu (E.24) Why Your Associate's Professional Insurance Won't Save Your DSO [https://www.accrudent.com/podcast-e24-the-dental-truth-project-why-your-associates-professional-insurance-wont-save-your-dso] - Herb Ford, Risk Strategies Dental Practice   NEW BOOK - COMING SOON Get early access to Roll the Equity: How Smart Dental Founders Sell Their DSOs Join the insider's list here 👇 https://resources.accrudent.com/roll-the-equity-insider-list [https://resources.accrudent.com/roll-the-equity-insider-list]    Got a burning question about dental finance? Submit your question, and it could be featured in a future episode. Ask Ken Form: https://resources.accrudent.com/ask-ken-form-the-dental-truth-project [https://resources.accrudent.com/ask-ken-form-the-dental-truth-project]