Financial Trends in Dental Practices: Austin Moffat of DSO CFO

Dr. Anushka Gaglani and Dr. Abhishek Nagaraj (A-Squared) the co-CEOs of Areo Dental Group, started the Filling You In podcast to share their own experiences as dentist entrepreneurs and to learn along with their listeners about industry trends and best practices from leading innovators and experts who are shaping the future of dental care. Their first guest is a perfect fit for this purpose. Austin Moffat is a partner and CFO Advisor at DSO CFO, a 12-year-old company that has helped hundreds of dental practices across the country meet their financial goals. “I think the key value we bring to clients is the perspective that we gain working with so many doctors and their practices and sharing with our clients what we're seeing,” he says. Drawing from that same national perspective, Austin reveals to A2 :What financial trends he is noticing across the dental industry;What typical expenses are in key categories;What vendors his clients are having success or problems with;What unique things practices are doing to increase profit margins.Austin also explains why he thinks operations, not financials, are the most important area for practice owners to focus on and provides advice to owners who are interested in substantial growth. And be sure to stay tuned for the fast and fun “Lightning Round” where we learn more about Austin’s personal side!Mentioned in this episode: DSO CFOIf you like this podcast, please share it on your social channels and visit Areo Dental Group on LinkedIn or on Instagram @AreoDentalGroup. You can also subscribe to the series and check out all of our episodes at www.AreoDental.com/podcast.