Owner Proactive Strategies – Protect Your Practice

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Our Owner Proactive Strategies product was developed because we regularly hear from practice owners that they were never taught how to oversee the finances of their practices, and that they are nervous about the systems that are in place.

In the same way that a dental practice offers both restorative and preventative services, the team at Prosperident offers a well-designed service that applies both our expertise and experience to work to help you avoid potential embezzlement issues.

Prosperident’s Owner Proactive Strategies or OPS service is available only from Prosperident and is unlike anything else available to practice owners.

Tell Me About Owner Proactive Strategies.

OPS is a program designed to turn you into a confident practice owner. OPS has five cornerstones:

  1. Transaction Integrity Review – we review transactions from your practice management software to ensure that team members are performing at your standard.
  2. Financial Analysis – we review financial information and key performance indicators to confirm the financial health of your practice and to look for warning signs for misstatement.
  3. Vulnerability Reduction.  Much embezzlement can be traced to deficient systems or a vacuum in a practice’s policies.  We will help you uncover the weaknesses that can allow embezzlement to occur undetected so that you can address them.  This review covers areas including practice management software security settings and user permissions, division of duties among team members, adjustments control and many other areas.
  4. Expense Control — we help you ensure good control over expenses to protect your income.
  5. Tool kit — we provide a series of incredibly valuable tools, checklists, and spreadsheets to help ensure smooth functioning of your practice and to deal with unusual situations.

The result?  OPS creates confident practice owners who sleep well knowing that they have the right financial controls in place to lower their risk of being victims.

OPS is a “high-touch” service where one of our experienced Proactive Advisors will work one-on-one with you to achieve these objectives.  Video meetings and using screen sharing to work together on your practice management software are two of the common collaboration methods that we use.  We will walk with you every step of the way.  Want to know more about our team?  Click HERE.

We are 100% confident that using our Owner Proactive Strategies service is your best step forward for establishing policies, procedures, and systems that work as a shield against internal theft. We create reliable and straightforward actions specific to your practice to ensure that you have the highest level of protection.

OPS has been specifically designed for:

  1. Dentists with established practices who want to ensure they remain at low risk for embezzlement.
  2. Dentists who are purchasing an established practice and who want to ensure that they are not using a predecessor’s unevaluated policies and procedures, especially when the previous practitioner’s staff is retained.
  3. Dentists who are sure that they do not have embezzlement issues and want to keep it that way!
  4. Dental entrepreneurs, setting up multi-office practices that want to ensure consistency regarding office policy, procedures, and systems.
  5. Dentists who want more control over the financial operation of their practices without sacrificing clinical time to do so.
  6. Any dentist who has been a victim of embezzlement and wants to decrease the chance of it happening again.

The Numbers Don’t Lie

Published statistics suggest that more than 80% of dental offices will eventually succumb to internal theft, and of that appalling number, some practices will suffer from internal theft more than once. Sadly, since many employee thefts go undetected or unreported, the actual incidence is probably higher. In the case of multi-office practices, a higher prevalence is guaranteed! The average embezzler steals over $100,000 before being caught, and the monetary theft only begins to tell the full story since there are usually additional costs involved in recovery and remediation. Having a system like OPS in place to catch a thief in your offices as early as possible is vital.

Practice Management Software

Whether you use Dentrix, Open Dental, Eaglesoft, Softdent, Curve Hero, endodontic, orthodontic, or other practice management software, we can help.

 Have questions or want to learn more?

Access our FAQ page HERE.

We would love to have the opportunity to talk with you about OPS and the benefits it will provide for your practice. It costs you nothing to have a chat with us about OPS or any of Prosperident’s other services. Just complete the Contact Us form and we will be happy to chat.

Wonder what our clients say about us?  Click HERE to see our Google Reviews.

Want to learn more?

Contact Us

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Read our reviews

Vivian TeegardinVivian Teegardin
17:18 27 Jan 23
Definitely informative! Unfortunately, something every business owner has to be mindful of. You never know!!!
Brad KruskyBrad Krusky
02:29 16 Nov 22
Prosperident covers so many bases in the support side of dentistry, their webinars and CE offerings are very diverse, exceptionally chosen speakers, current topics and timely scheduling. i really appreciate their webinar offerings and am sop glad they put so much effort and energy into creating such beneficial offerings!
Tom RyanTom Ryan
00:52 22 Oct 22
David Harris always shares important and relavent information. I highly recommend Prosperident.
Jennifer HarveyJennifer Harvey
15:14 21 Oct 22
Great Webinar last night and very eye opening. Every office should watch this. I have referred many people to Prosperident because of what I see frequently in these offices we work with daily. They are the most professional and thorough company out there. Don’t think you can do this alone if you suspect Embezzlement. There are clever people working in offices, but they won’t outsmart this company. Well worth any money you pay to assure your future revenue is not going in the hands of someone other than the business.
Rebecca ElvyRebecca Elvy
01:35 21 Oct 22
Simply put, GREAT content tonight guys! Very informative, and also inspirational. You shed light on the hopeful side of such a painful, life altering journey. There is hope of stopping this from happening again, and you offered great tips and resources to support those efforts!
Angela FinchAngela Finch
11:23 20 Jun 22
Great company to work with and they also provide great CE courses.
Mike CormierMike Cormier
13:16 17 Jun 22
A valuable presentation with a real expert:: Dr Rich Madow and the information provided was of real value! Highly recommend any Prosperident event!
Aec EndoAEC Endo
05:59 15 Mar 22
Very knowledgeable and insightful presentation on preventing fraud in dental office setting
Karl SmithKarl Smith
22:52 22 Jan 22
David Harris, CEO of Prosperident, gave a presentation to our dental society that was engaging, informative and eye-opening. Embezzlement is a topic that’s not very well understood by many business owners, including myself. Most people become aware of financial fraud only when it’s too late. In a two-hour presentation, David helped to shine a light on this important issue and he also educated us on ways to safeguard the financial security of our businesses. Highly recommend David and his company as an excellent resource in learning about or investigating fraud and embezzlement!