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Closing Out the Year Strong
from DEO Nov Dec 2022
BY JAKE PUHL
Our DEO Partners and Leadership Team just concluded our Annual Reset where we followed the same process our Implementer’s take members through on their DEO MAP Journey. This created the opportunity for discussion, collaboration, and problem solving as we reflected on this past year. We came away with increased clarity on our company vision and plan along with confidence and alignment within our team.
When like-minded people gather with the goal of improving outcomes for all, good things are bound to happen. Case in point – this month’s cover story on the Dental Finance Forum. Ken Kaufman, President & CFO of Nuvia Dental Implant Centers, started the Dental Finance Forum a couple of years ago because he wanted to discuss ideas and work through common challenges with other finance leaders in the dental space.
“We’re all trying to solve things that are hard to solve because dentistry is a consolidating industry,” Kaufman said. The first Dental Finance Forum meeting consisted of six people. Today, the Forum has over 100 members, with no signs of slowing down.
Along with Kaufman, this issue features several of the top CFOs in the industry who share their best practices and insights:
> In “The Changing Role of a CFO in a Growing DSO,” Corus Orthodontists CFO
Nick Korhonen writes that finding the right CFO for your organization starts with understanding the skill sets and experience of prospective candidates. > Ed Dallwein, CFO of Riccobene Associates Family Dentistry, has a few tips on how to spark your next big idea related to the financial success of your organization. > Hollie Williams, CFO at Rodeo Dental in Dallas-Forth Worth, Texas, and Mike Yates,
CFO at Lumio Dental in Tulsa, Oklahoma, discuss how you can get a more accurate depiction of your business’ financial position via accrual accounting. > Finally, Operation Dental CFO Nathan Chitty recaps lessons learned from the recent DEO Shark Tank event in Chicago.
We hope you’ll find these stories helpful as you close out your 2022 and prepare for an even more successful 2023!
Cheers!
