Klas Solutions Dental Practice Health Quiz | Klas Solutions

Protect Yourself from Embezzlement

Embezzlement is a serious problem that continues to grow in the dental industry.  Depending on the surveys that have been done by multiple sources, the average amount ranges from $20K -$900K.  Highs into the millions have been reported.  Here are some examples of how it can happen and suggestions to prevent a loss. How it…

klas solutions blog | Klas Solutions

Understanding Production Income

Understanding Production Income A very common misconception amongst health-care professionals is the method of determining profits from the operation of their practices. Their accountants take the gross income (collections) of the practice and subtract the direct expenses to determine what they call “operating profits.” This is an error when computing the true operating profits of…