HomeBlogThe Honest Tooth: How Dental Accounting Grows Your Practice

The Honest Tooth: How Dental Accounting Grows Your Practice

IMG 1899 Racheal Grant

Racheal Grant

Business Development Specialist

March 21, 2023 Dental Accounting & Bookkeeping 3 min read

I’m so excited to share my experiences and insights with you from my time on the eAssist Dental Accounting and Bookkeeping platform. A healthy smile is a beautiful smile, and a well-managed dental practice is a successful one. But what exactly does that success entail? And how do you know your practice is thriving? Let’s get an insider look into the business of dentistry and learn “the honest tooth” about dental accounting and bookkeeping.

My dental accounting nightmare

When I first entered the business side of the dental industry, I was met with a whirlwind of explosive numbers, charts, and complex spreadsheets that would make even an Ivy League math professor’s head spin. But what truly caught my attention was the passion dentists have for their work. A quote from a doctor who utilizes our platform perfectly captures this: “It’s not just about the ‘treatment’ of our patients, it’s about how we treat our patients that helps us thrive.” With financials stuck in limbo and no end in sight, everyone suffers, from the front office to the patients who come through the door each day.

Years later and I’ve seen it all – from practices struggling to balance their books to those that have successfully outsourced these tedious processes. A well-managed practice is a profitable one. But have you been asking yourself these same questions over and over?

“I don’t know how I’m going to pay all the bills this month.”

“We have all these patients and we still can’t turn a profit.”

“These equipment leasing costs are eating into our overhead.”

Getting to manageable profitability isn’t easy. So how do we do it?

dental insurance billing accounts receivable issues solved

 

Getting down to the honest truth of dental accounting

I remember consulting with a practice that was in dire straits. The doctor was entirely overwhelmed with overdue bills, late payments, and a backlog of rejected claims. She told me, “I went into dentistry to help my patients, not to drown in all of our paperwork.” That’s when I knew I could make a difference, starting with what the eAssist platform can do:

  • Balance your checkbook and reconcile EFT deposits
  • Bills paid on time through limited access accounts 
  • Weekly and monthly accountability reports for ROI and peace of mind

These are just a couple of the solutions we offer for your practice. How great would it be to finally break free from the burden of daily financial minutiae and get back to practicing dentistry?

Outsource to a trusted partner in dental accounting and bookkeeping

Whether you need your bills paid or expenses listed in greater detail, the eAssist Bookkeeping and Accounting Platform offers practical, customizable solutions. Plus, we speak dental because our platform was created by dentists for dentists. That’s the honest truth. Get started today by scheduling a chat with me or another Business Development Specialist below. Your goals are unique to you and your practice is one-of-a-kind. Let’s create a bespoke solution for your practice that can help give you the peace of mind you deserve.

IMG 1899 Racheal Grant

By Racheal Grant

Business Development Specialist

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