The Dental Truth Project

The Dental Truth Project
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The Dental Truth Project No fluff. No spin. Just bold, unfiltered conversations about what’s really happening in the dental industry. Hosted by Ken Kaufman, AccruDent Co-Founder, this podcast dives into the mistakes, wins, and truths that DSO leaders, clinicians, and consultants usually avoid. Expect real talk, raw insights, and answers to the questions no one else is asking.

  1. AI Is Killing Patient Loyalty in Dentistry (E.23)

    3D AGO

    AI Is Killing Patient Loyalty in Dentistry (E.23)

    JW Oliver, Founder of SupportDDS with 40 Years in Dentistry, Reveals Why Your Labor "Solution" is Making Things Worse: The dental industry's obsession with AI and automation is backfiring spectacularly - practices are hemorrhaging the human connection patients crave while throwing technology at problems that don't need tech fixes. Key Revelations: The AI Hype vs. Reality Check The question isn't "Can AI do it?" but "Should AI do it?" - and practices are finally asking the right question Initial phone calls from new/existing patients - 90% of callers frantically demand a real person within 30 seconds when greeted by AI Treatment consultation conversations - Patients spending $700-$50K on dental work want empathy, compassion, and a human voice they can trust Appointment scheduling with questions - Bots can't read emotional cues or address anxiety that keeps patients from booking 💡 The "Ask Ken" Question: "My accountant says my numbers are fine, but why do I still feel broke?" Ken's answer: "Fine" means tax compliant - it doesn't mean you're maximizing cash flow. You can have clean books and still be flying blind. The solution? Implement a cash flow forecast (4-13 weeks out) so you can see what's coming. When you can forecast three months ahead, the nervousness evaporates because you have time to solve any payroll crunch or cash hiccup before it becomes a crisis. Taxes and cash flow compete - especially at year-end - so stop confusing compliance with optimization. Download Free Resource:  13-Week Cash Forecast - https://resources.accrudent.com/accrudent_13_week_cash_forecast    Top 3 Episodes of The Dental Truth Project. Listen Now! (E.19)  The Pay-to-Play Dental Conference Problem  -  Matthew McGaw, DSO Compass (E.20)  Fake Codes, Hidden Fraud & The Accounting Nightmare  -  Paul Lowry, Dental Menu (E.6)  Are Dentists Selling Out Their Entire Industry?  -  Mike Baird, Accelerate Dental Got a burning question about dental finance? Submit your question, and it could be featured in a future episode. Ask Ken Form: https://resources.accrudent.com/ask-ken-form-the-dental-truth-project

    23 min
  2. The DSO Leaders' Imposter Syndrome Epidemic (E.22)

    FEB 4

    The DSO Leaders' Imposter Syndrome Epidemic (E.22)

    Thomas Passalacqua, dental leadership coach and former educator, reveals the uncomfortable truth about dentistry's hidden crisis: While practices obsess over financial metrics and operational systems, they're ignoring the emotional tsunami drowning their leaders—resulting in chronic overthinking, executive paralysis, and the industry's staggering attrition epidemic that no salary increase can fix. Key Revelations: The Emotional Crisis Destroying Dental Practices From the Inside Out First-time CEOs and executives are drowning in self-doubt but hiding behind the façade of success Acquisitions fail not because of P&L issues—they fail because DSOs ignore the emotional shift Without trust, transparency, and relationship-building with associates, managers, and support teams, you get lawsuits, broken promises, and mass attrition The antidote: Build relationships FIRST, then discuss equity—culture fit beats financial fit every time 💡 The "Ask Ken" Question: "What's the biggest financial mistake growing dental groups make?" Ken's answer: Growing faster than your financial infrastructure. You're adding locations, taking on debt, hiring people—but using the same weak reporting systems. If your finance function doesn't mature before growth, your business will hit a wall. Invest in financial infrastructure at the same pace you grow—or prepare for disaster. Got a burning question about dental finance? Submit your question, and it could be featured in a future episode. Ask Ken Form: https://resources.accrudent.com/ask-ken-form-the-dental-truth-project

    20 min
  3. Why Your DSO Exit Strategy Is Probably Worthless (E.21)

    JAN 28

    Why Your DSO Exit Strategy Is Probably Worthless (E.21)

    Vince Dilley, Founder & CEO of Platinum Dental Services (bootstrapped DSO since 2012), drops truth bombs about dentistry's ticking time bomb: succession planning through private equity-backed DSOs.  While everyone chases valuation multiples and arbitrage plays, doctors are sleepwalking into retirement disasters - discovering too late that their 40% equity rollover is now worthless, the new operators can't maintain performance, and investors expect them to keep working years beyond their planned exit. Key Revelations: The Succession Planning Crisis Doctors drive the ship, DSO provides support - not the other way around Doctors fixate on upfront valuations but ignore the fine print: rolling 40% equity forward with ZERO guarantee it maintains value New DSO operators often underperform original owners, destroying that rolled equity Associates are the key to organic growth, yet many DSOs don't align incentives for them to become partners 💡 The "Ask Ken" Question "Is cash basis accounting actually hurting my practice or my DSO?" Ken's answer: Absolutely yes. Cash basis only shows where money went, not what you actually produced or the value you delivered to patients. Most owners don't realize the damage until it's too late. If you're not on accrual basis, you need to fix this NOW. Got a burning question about dental finance? Submit your question, and it could be featured in a future episode. Ask Ken Form: https://resources.accrudent.com/ask-ken-form-the-dental-truth-project

    22 min
  4. Fake Codes, Hidden Fraud & The Accounting Nightmare (E.20)

    JAN 21

    Fake Codes, Hidden Fraud & The Accounting Nightmare (E.20)

    The Membership Plan Trap: Why 88% of Your Cash Patients Disappear (And How Bad Accounting Is Killing Your Practice) Paul Lowry, CEO of Dental Menu, reveals the brutal truth about dental membership plans: Most practices are accidentally running discount Groupons instead of sustainable membership programs - farming PPO patients while hunting cash pay, watching 88% of uninsured patients vanish within 5 years, and unknowingly creating accounting disasters that pit hygienists against the plan and destroy practice valuations. Key Revelations: The Discount Plan Death Spiral Practices create fake procedure codes (999) and adjustment codes, making daily production never match collections Study of 250,000 new patients proves: Without prepaid benefits, patients delay until pain, then disappear out the back door Most "membership plans" are actually annual Groupons that patients buy to close treatment, then abandon Write-offs disguise fraud: Office managers put friends/family on plans, and no one catches it 💡 The "Ask Ken" Question: "What's one way to improve EBITDA fast without cutting staff?" Ken's answer: Renegotiate your supply vendors. Prices and relationships change regularly - there's usually 5-10% savings available if you get organized with the right vendor. It won't be a huge EBITDA boost, but it's the fastest move that doesn't require staffing changes. Got a burning question about dental finance? Submit your question, and it could be featured in a future episode. Ask Ken Form: https://resources.accrudent.com/ask-ken-form-the-dental-truth-project

    32 min
  5. The Pay-to-Play Dental Conference Problem (E.19)

    JAN 14

    The Pay-to-Play Dental Conference Problem (E.19)

    Matthew McGaw, founder of DSO Compass, drops a controversial truth bomb: The dental conference circuit that once drove industry innovation has become a pay-to-play scheme where vendors buy stage time, authentic value has been replaced by Instagram theater, and attendees are walking into rooms with 6 people seated in spaces built for 1,000. Post-pandemic, connection now matters more than content - but most conference organizers haven't gotten the memo.     Key Revelations: The Forced Conversation Trap Attendees aren't going for education anymore - they're going because they're terrified of missing their "piece of the pie" in the great dental consolidation DSO executives rank vendor CEOs dead last on speaker preference - yet they're the only ones who can afford keynote slots. DSOs are sending regional managers instead of C-suite decision-makers - vendors are paying premium prices for conversations that go nowhere     💡 The "Ask Ken" Question: "How do I know if my DSO is ready for private equity interest?"   Ken's answer: Before worrying about your $10M revenue threshold, get obsessed with systems, processes, and management depth. PE groups don't know where "the bodies are buried" in your operation - they need your team to stay and run the show. Clean financials are your highlight reel. Messy books = valuation penalties. Build your financial infrastructure first, or you'll be punished at the negotiating table.   Got a burning question about dental finance? Submit your question, and it could be featured in a future episode. Ask Ken Form: https://resources.accrudent.com/ask-ken-form-the-dental-truth-project

    25 min
  6. Why Half Your DSO Budget Is Disappearing Into Toxic Culture (E.18)

    JAN 7

    Why Half Your DSO Budget Is Disappearing Into Toxic Culture (E.18)

    Gabe Hoffman, operational efficiency coach and former DSO director, drops a truth bomb the dental industry desperately needs to hear: Your culture isn't failing because of team lunches or pizza parties—it's dying from gossip, indirect communication, and the cancer of unresolved conflict. With 50% of every dollar going to people costs, most groups are hemorrhaging profits through toxic communication patterns they don't even recognize.   Key Revelations: The Culture Tax Nobody's Calculating Reality check: Most leaders waste hours managing rumors instead of driving results Turnover can explode from 10% to 30%+ when communication breaks down Ken's framework: The "straight talk" principle: Address issues directly or waste thousands in management time managing rumors Great culture isn't built with perks—it's built through accountability and direct communication   💡 The "Ask Ken" Question: "What's the best way to benchmark my DSO against others?"   Ken's answer: Stop obsessing over other people's numbers. The best benchmarking happens inside your own organization—find what's working in one location and spread it to others. When you do look externally, focus on EBITDA margins and keeping staff costs below 27-28%. Remember: benchmarking finds outliers, it doesn't excuse inefficiency.     Got a burning question about dental finance? Submit your question, and it could be featured in a future episode. Ask Ken Form: https://resources.accrudent.com/ask-ken-form-the-dental-truth-project

    20 min
  7. Serial Embezzlers Are Job-Hopping Through Dental Practices—Is Yours Next? (E.17)

    12/31/2025

    Serial Embezzlers Are Job-Hopping Through Dental Practices—Is Yours Next? (E.17)

    David Harris, CEO of World's Largest Dental Forensic Accounting Firm, Drops a Bombshell: 70% of Dental Practice Owners Will Be Embezzled—And the Bigger You Grow, the Worse It Gets.   David Harris reveals the shocking truth dentistry doesn't want to admit: If you own 20 practices, there's an 80% chance someone is stealing from you RIGHT NOW. The digitization of payments didn't make dental practices safer—it created a goldmine for thieves. That "gold jar" in your operatory? It holds $15,000 while you obsess over the $800 cash drawer. And here's the kicker: 100,000 serial embezzlers are circulating through dental practices across America, hopping from office to office because DSOs are too hungry for "experienced" staff to screen properly.   Key Revelations: The Guardian Who Steals Most embezzlement in dental practices is committed by the office manager—when the guard steals and has no oversight, they get away with it every time Reports are abstractions—thieves exploit "selective reporting" to hide their tracks DSOs are so hungry for "experienced" staff, they skip proper pre-employment screening Most theft today isn't cash—it's diverted credit card payments, manipulated adjustments, and phantom bonuses   💡 The "Ask Ken" Question: "My collections are growing, but I don't feel richer. Where is all the money going?"   Ken's answer: You're likely suffering from working capital pinch—growing accounts receivable while paying vendors too quickly. David adds the brutal alternative: Someone might be stealing from you. If your organization isn't growing but has this problem, embezzlement is your #1 suspect.     Got a burning question about dental finance? Submit your question, and it could be featured in a future episode. Ask Ken Form: https://resources.accrudent.com/ask-ken-form-the-dental-truth-project

    25 min
  8. Will AI allow me to fire my RCM team? (E.16)

    12/24/2025

    Will AI allow me to fire my RCM team? (E.16)

    Louis Chan (Kaylie.ai CEO) and Jonas Sison (Kaylie.ai CFO) shut down the industry's biggest AI fear: At a DEO conference, someone asked if AI could "fire their RCM team" - the answer reveals why that DSO is already failing. The real threat isn't automation replacing humans; it's leaders who don't understand that AI exists to eliminate "unsuitable for human use" tasks (like calling insurance companies 40 times a day) so your team can finally focus on patient experience and edge cases that actually move the needle.     Key Revelations: AI Won't Fire Your Team (But This Mindset Will Kill Your DSO) The Tribal Knowledge Crisis: 20 years of denial insights and appeal strategies trapped in office managers' heads—when they leave, decades of intelligence vanishes because it never escapes departmental silos. The $100K+ Fee Mystery: Practices tell patients "80% covered" without knowing if that's your fees or insurance's UCR, then surprise them with $300 bills after fighting denials—forcing a choice between one-star reviews or six-figure write-offs. Technology's Real Job: Front desk juggles 3-4 jobs while battling insurance on hold—even 90% satisfaction means 30 weekly patients had terrible experiences, which is why AI should handle repetitive tasks so humans close the final 10% gap.   💡 The "Ask Ken" Question: "My practice management software data can't be trusted - what should I do?"   Ken's answer: Garbage in, garbage out. If you don't trust what's coming out of your PMS, all fingers point back at you and your team. You need to fix how you're using the system - the software isn't the problem, your processes are.     Got a burning question about dental finance? Submit your question, and it could be featured in a future episode. Ask Ken Form: https://resources.accrudent.com/ask-ken-form-the-dental-truth-project

    19 min
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About

The Dental Truth Project No fluff. No spin. Just bold, unfiltered conversations about what’s really happening in the dental industry. Hosted by Ken Kaufman, AccruDent Co-Founder, this podcast dives into the mistakes, wins, and truths that DSO leaders, clinicians, and consultants usually avoid. Expect real talk, raw insights, and answers to the questions no one else is asking.

Information

  • Creator
    The Dental Truth Project
  • Years Active
    2025 - 2026
  • Episodes
    23
  • Rating
    Clean
  • Copyright
    © Copyright 2025 All rights reserved.
  • Show Website
    The Dental Truth Project