The Strategic Pivot: Virtual CFO Services for a Dental Group

Executive Summary

Many medical practices hemorrhage cash through operational inefficiency. A 3-location dental group in Phoenix was generating $5M a year but the owner was taking home less than his associate dentists. Fynex inserted a Virtual CFO to benchmark their KPIs against industry standards. We discovered massive supply leakage and an unprofitable associate comp structure.

The Landscape: Dental Practice Context

Dental supplies should cost 5-6% of revenue. Staff costs should be 20-25%. If you don't track this, you lose.

The Breaking Point

"We are busier than ever, but the bank account is empty."

Dr. Miller

Owner Dentist

Multi-Location Practice

The owner hadn't taken a distribution in 6 months.

The Fynex Protocol

We implemented a 'Purchase Order' system for supplies. We renegotiated the associate contracts to be based on 'collections' rather than 'production'.

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Technical Implementation

We built a dashboard tracking 'Hygiene Re-Appointment Rate'.

Verified Outcomes

Owner Distributions

Audited

Supply costs dropped by 4%. The owner's take-home pay doubled within 12 months.

Future Horizon

Opening location #4.