Financial Management

Cash Flow Projection

Every owner needs to understand how to measure practice performance. A cash flow projection will allow us to make recommendations to improve surpluses and minimize deficits.

QuickBooks Training

Sometimes doctors want Dental Medical Economics to keep their books; other times they prefer someone on staff to perform this service. If your preference is the latter, our Certified QuickBooks ProAdvisors will teach your team how to effectively use QuickBooks and be available for questions after the training.

Budgeting and Cash Management

Managing your money is the key to a successful practice. We will not only establish a systematic budget that allows for adjustments but we will also monitor your monthly progress to assure that you have enough cash when you need it.

Cost Analysis

Good patient care is the crux of any practice. Allow us to uncover the true cost to deliver your patient services and maximize profitability at the same time.

Payroll

For many busy practices, payroll is a service they prefer to outsource. As part of the monthly financial reports and tax services, Dental Medical Economics will make sure your practice adheres to all the payroll tax laws.

Billing and Collections

As with all areas of your practice, billing and collections should be monitored regularly. Our team will keep outsourced billers accountable and monitor your team for accuracy.

Design and Monitor Compensation Arrangements

When a new doctor or associate is brought on board, it is important that a fair and balanced compensation package is created. Governmental regulations and Stark laws can impact how those packages affect each doctor's livelihood. We will design an arrangement and oversee the effect it may have on each doctor

Lean on our 60 years of experience and state-of-the-art technology. Call DME today at (972) 881-1501 and maximize your medical practice’s profits.