Finance

Tim has spent his entire working life as a financial advisor but the only that that really matters is meeting his wife, Dana Yeoman D.D.S.   In the process of joining lives together Tim learned what the life of a dentist is like.  Seeing his wife's frustration with the complexity of running a dental practice he set out to make things simple.  Since meeting his wife Tim has advised hundreds of dentists on wealth management issues that dentists face.  Tim is CEO of LifeStone Wealth Management - An Dental Only Wealth Management Firm that works with a limited number of dentists for whom he can have a significant impact.  He has also been recognized as a “Best Financial Advisors for Dentists” by Dental Products Report in 2013, 2014, 2015 and 2016.  He and Dana enjoy exploring California’s wine country,  a good single malt, and raising standard poodles.  Tim can be reached at tim@lifestonewm.com or 855-FIN-XRAY (855-346-9729)

Articles

3 reasons to hire a Certified Financial Planner (CFP) who specializes in working with dentists

Bruce Bryen is a certified public accountant with over 45 years of experience and is a part of Baratz & Associates CPAs. He specializes in deferred compensation, such as retirement planning design; income and estate tax planning; determination of the proper organizational business structure; asset protection and structuring loan packages for presentation to financial institutions. He is experienced in providing litigation support services to dentists with Valuation and Expert Witness testimony in matrimonial and partnership dispute cases. He is also a financial writer for several dental journals. You may contact him at 609-502-0691 or at 

Are dental practice values increasing or decreasing?

5 things every new dentist should do right away

Mike Uretz is a nationally-recognized Dental software and Electronic Health Records (EHR) expert. Mike has helped hundreds of individual practices and multi-clinic groups properly evaluate and select software vendors and solutions, structure and negotiate pricing and contracts, provide implementation oversight and vendor management. Mike was a member of the Certification Commission for Health Information Technology EHR vendor certification workgroup, and has been a member of various federal and state working committees for EHR business practices and policy. Having been involved with the EHR Incentive program from day one, Mike has helped a number of states, to evaluate and select EHR vendors, structure contracts and agreements, and manage vendor issues. As co-chairman of the Best practices advisory committee for EHR Contracts, Mike has been instrumental in developing standards for structuring vendor contracts and pricing for use by state programs nationwide He is the founder and editorial director of DentalSoftwareAdvisor.com, a trusted and objective online resource on all matters related to dental software. He is also the point person for Advanstar’s coverage of dental EHRs and their evolving role in the dental industry and can be reached by e-mail at mikeu@dentalsoftwareadvisor.com.

 A recent proposal for certification requirements for Stage 3 Meaningful Use is meant to address the complexity of the program.

Stage 3 EHR incentive meaningful use proposal will affect dentists

 Is your dental practice or dental lab throwing away money? According to Josh Daab of Atlantic Precious Metal Refining, that’s happening way too often to way too many dental professionals.

Is your dental practice or lab throwing away money?

Client vs. patient: Who's more important? (Part 4: New patient appointment)

Dr. Roger P. Levin is the CEO of Levin Group, a leading dental management consulting firm. Founded in 1985, Levin Group has worked with over 30,000 dental practices. Dr. Levin is one of the most sought-after speakers in dentistry and is a leading authority on dental practice success and sustainable growth. Through extensive research and cutting-edge innovation, Dr. Levin is a recognized expert on propelling practices into the top 10 percent. He has authored 65 books and over 4,000 articles on dental practice management and marketing. He has been featured in the Wall Street Journal, New York Times, and Time magazine and is the creator of the Levin Group Tip of the Day, which has over 30,000 subscribers. To contact Dr. Levin, visit www.levingroup.com or email rlevin@levingroup.com. 

4 ways to make it easier for your dental patients to pay for treatment

Client vs. patient: Who's more important? (Part 3: Reception area)

Acquiring assets not on the books and not part of the dental practice transition agreement

 Having assisted practices with obtaining money through the EHR incentive program for the past few years, I regularly get calls from office managers and providers wanting more information about how to take advantage of the federal and state money available for using a certified EHR.

Money