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Latest news & blog posts

PracticeCFO is committed to providing customized financial advice to dental practices and their owners. Below are our recent posts designed to keep you in-the-know.
Cybersecurity: How To Keep My Patient Records Safe
The American Dental Association is advising dentists and their staffs to be on the alert for possible internet security risks. As a business owner during the most robust technological era in history, the importance of utilizing best practices around cybersecurity protocol is at an all-time high. It is estimated that 45 million people were affected […]
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Setting Up PTO Tracking On MyPay Solutions
If you are a PracticeCFO client, that means your payroll is managed by us through myPay Solutions. Did you know that you're able to set up PTO tracking through their system as well? Our amazing MPS Specialist, Ginger Monroe, has contributed the rundown below to help walk you through the process.  Setting Up PTO Tracking On […]
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Student Loan Forgiveness: What's Next?
Student loan forgiveness has been halted by the courts. On October 21st, a federal appeals court temporarily blocked President Biden’s student debt relief program from moving forward while the court considers a bid for an injunction by six Republican-led states that want the program nixed. While it is unknown when the court will decide the case, it has […]
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Strategies on Selling with Existing PPP and EIDL Loans
Have you thought about selling your dental practice but are worried about how a PPP or EIDL loan might affect the sale? It’s OK!  You’re not alone! Many practice owners have been able to sell their practices even when the practice is encumbered with these loans.  While your CFO and the escrow agent will help you […]
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A Welcome Relief (But Not For All): Student Loan Forgiveness
After years of public debate and swirling rumors about the size and scope of student loan forgiveness, the specifics of President Biden’s plan have finally been revealed.  This is welcome news for millions of borrowers, however there are important caveats to this unprecedented executive order. Forgiveness Qualification:There are roughly 45 million federal student loan borrowers in […]
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New Podcast! Landmines To Avoid When Purchasing a Dental Practice (And More!)
Purchasing a dental practice is a complicated process full of potential landmines. In this episode, we interview Joanne Tanner, a 30-year veteran of practice management consulting and dental buyer support services. Joanne and Wes discuss what “due diligence” actually mean when purchasing a dental practice. What reports should be reviewed. What are the indicators of potential […]
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New Podcast! Upside Down Leadership as a Dental Practice Owner
Now this is a podcast you DON'T want to miss! We welcome back Bob Spiel, coach and practice management consultant. Bob brings his background as an MBA and operations director at fortune 500 companies to help dental practice owner learn how to be exceptional leaders. In his book, “Flip Your Focus: Igniting People, Profits, and Performance […]
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See You There - PCFO at CDA SF!
See you there! We're thrilled to be attending CDA once again, this time in beautiful San Francisco. From the fun surprises we have planned at our booth (#1617!) to Wes's presentation at "The Spot" (more details to come) we're certain that this will be a conference for the books. Will you be attending? Let us […]
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Inspiring Changes - How Dr. Elona Gaball Ignites Dreams Through Dentistry 
Here at PracticeCFO, we take great pride in our clients. We couldn't be more proud of all that they accomplish both in and out of the dental office - particularly their charitable endeavors. Which is why we're thrilled to highlight the incredible Dr. Elona Gaball! She is the owner of a local non-profit organization called Inspire Changes, which aims […]
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