Dental practice owners and leadership teams balance patient care with profitability, staffing, reimbursement, technology, regulatory responsibilities and long-term growth. PKF O’Connor Davies provides accounting, tax and advisory services to independent practices, specialty practices, multi-location groups, dental support organizations (DSOs)/doctor-directed dental service organizations (DDSOs) and private-equity-backed dental platforms. We help leaders use financial and operating data to improve performance, plan for growth and evaluate transactions.
Data-Driven Dental Practice Advisory
Our approach uses practice data, key performance indicators, industry metrics and proprietary benchmarks to evaluate operational, expense, billing and financial processes. Integrating financial information with practice-management and bookkeeping systems can reveal opportunities to strengthen efficiency and profit potential.
Our professionals also evaluate fees, procedure mix, unbilled services, overhead and staffing efficiency to help dental leaders identify practical improvements.
Meet Our Professionals
Accounting, Tax and Advisory Services for Dental Practices
Accounting and Assurance
Our accounting and assurance services help dental practices strengthen reporting and financial visibility through:
- Bookkeeping and general ledger analysis
- Financial reporting and financial guidance
- Benchmarking, metrics and key performance indicator (KPI) analysis
- Practice overhead analysis
- Insurance reimbursement evaluations
- Practice-management and financial-system integration
- Internal control and embezzlement-risk considerations
Tax Planning and Compliance
Our tax professionals support practices and owners with:
- Tax preparation, planning and compliance
- Tax-saving strategies
- New business and entity formation
- Estate, retirement and personal financial planning coordination
- Tax considerations for associates, owners and compensation plans
- Tax planning for acquisitions, sales and private equity transactions
Advisory Services
Our advisory services help dental practices improve performance and navigate growth through:
- Operating performance improvement
- Associate onboarding and compensation plan optimization
- Employee incentive plans
- Outsourced finance and CFO-level support
- Practice valuation and evaluation
- Practice acquisition or sale support
- M&A due diligence
- DSO/DDSO and multi-location structure advisory
- Private equity and platform-growth advisory
- Cybersecurity, privacy and risk mitigation
Dental Practice Growth, DSO and Private Equity Advisory
Dental practices considering expansion, a DSO/DDSO structure, an acquisition, a sale or a private equity partnership need a clear view of financial performance, valuation, tax consequences and operational readiness. PKF O’Connor Davies supports owners, groups and investors with due diligence, valuation, transaction planning and performance analysis across the practice life cycle.
Explore our Transaction Advisory, Valuation and Private Equity capabilities.
Dental Practice Cybersecurity and Financial Controls
The security and confidentiality of patient and payment data are essential to dental practice operations. Our cybersecurity advisors help dental practices evaluate exposure to breaches, fraud and other technology risks while strengthening safeguards around sensitive information and financial systems.
Learn more about our Cybersecurity and Privacy services.
Dental Practice Benchmarking and Industry Insight
For more than 50 years, our dental industry specialists have advised dentists at every stage of their careers. Practice Leader David J. Goodman is an original member of the Academy of Dental CPAs and a contributor to Dental Economics. He also leads Dental Practices by the Numbers, an analysis of trends and financial benchmarks in the dental profession.
Download the current edition of Dental Practices by the Numbers for data-driven benchmarks across the dental profession.
The Dental Practice team is part of the firm’s broader Health Care practice, which also serves medical practices and other provider organizations across the health care ecosystem.
Discuss Your Dental Practice’s Financial and Growth Priorities
Whether your practice is improving profitability, adding locations, evaluating a DSO structure or preparing for a transaction, contact our Dental Practice team to discuss how we can help.
Services include bookkeeping, general ledger analysis, financial reporting, benchmarking, KPI analysis, overhead analysis, reimbursement evaluation and related financial-management support.
Benchmarking practice KPIs, overhead, fees, procedure mix, billing and staffing can help identify cash leakage, unbilled services, expense pressures and operational opportunities.
Yes. The Dental Practice team supports DSO/DDSO and multi-location structures, practice valuations, acquisitions and sales, M&A due diligence, private equity considerations and operational readiness.
Yes. Cybersecurity advisors can help dental practices assess risks involving patient data, payment information, fraud and technology systems and strengthen safeguards around sensitive information.