Finance32: Dental School’s Missing Curriculum
Finance32: Dental School’s Missing Curriculum
Great clinical skills simply are not enough for dentists to achieve financial success. Let Focus Partners Wealth's Practice Integration Advisors share what else you need to know to realize your lifetime goals and obtain financial peace of mind.
Focus Partners Wealth

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The One Big Beautiful Bill: Planning Opportunities for Clinicians and Practice Owners
By Director and Practice Integration Advisor Thomas Bodin, CFA®, CFP®   The passage of the One Big Beautiful Bill Act (OBBBA) has introduced sweeping changes that are expected to shape tax planning for clinicians and practice owners over the next several years. While the legislation touches on many...  Read More
The Importance of Tax Planning for Practice Owners
By Practice Integration Advisor Brian Roemke As a practice owner, you face the difficult task of juggling patient care and clinical responsibilities with running an entity. From a business perspective, it’s imperative to protect your hard work and finances with proactive tax planning. Without it,...  Read More
Employee vs. Contractor: Choosing the Right Model When Hiring an Associate Dentist
By Practice Integration Advisor Brian Roemke    Are you in the market to add an associate dentist to your team? While there are many factors to consider when making this important choice, we believe categorizing this new colleague as a W-2 employee or 1099 contractor once they are brought...  Read More
How Third-Party Services Can Transform Your Dental Practice
By Practice Integration Advisor Brian Roemke  Running a dental practice is about much more than caring for patients’ oral health. It’s also a business that requires the practice owner to handle many activities including overseeing the front desk duties as well as managing finances and...  Read More
Trends in Dentistry: Solutions to Challenges Facing Practitioners in 2025
By Practice Integration Advisor Thomas Bodin, CFA, CFP®??  The dental industry faces significant challenges, as highlighted by the ADA Health Policy Institute’s (HPI)  Practice owners are navigating staffing shortages and rising costs, stagnant insurance reimbursements, and increasing overhead...  Read More
Trends in Dentistry: Navigating High Overhead Costs
By Practice Integration Advisor Thomas Bodin, CFA, CFP®?  At the end of 2023, the Health Policy Institute of the American Dental Association (ADA HPI) conducted an , identifying a trio of primary challenges impacting dental practice owners. Over the past few months, our series of short articles...  Read More
Trends in Dentistry: Maintaining a Profitable Practice in Light of Low Reimbursement Rates
Diminishing insurance reimbursements are a hidden and growing cost in dentistry, impacting not only the practitioner but also clients.  Welcome to the second installment in a series of short articles designed to unpack the financial and economic trends currently affecting dentistry....  Read More
Trends in Dentistry: Maintaining a Successful Practice Amidst Increasing Staffing Costs and Shortages
By Practice Integration Advisor Thomas Bodin, CFA, CFP®  Welcome to the first installment in a series of short articles designed to unpack the financial and economic trends affecting dentistry. At the end of 2023, shared challenges dental practitioners were experiencing, including increased...  Read More
Starting a 401(k) Plan for Your Dental Practice: Is 2024 the Right Time?
Practice Integration Advisor and Wealth Management Team Leader Thomas Bodin, CFA, CFP® The new year brings a unique set of economic and financial considerations for dental and medical practices contemplating a 401(k) plan for their employees. In this article, I’ll explore three key points to help...  Read More
How Does a Bonus Plan Fit Into Your Practice?
Owning and managing a dental practice comes with various challenges, and ensuring your team is motivated and engaged is a top priority. Implementing a well-structured bonus plan for employees can be a powerful tool to enhance staff morale, improve patient satisfaction and ultimately contribute to...  Read More
Striking a Balance: Navigating Salary Expectations When Hiring Dental Staff
From landing the right talent to ensuring the new hire is a good fit to offering a competitive compensation package, the dental staffing landscape can be difficult for practitioners to navigate. But what happens when you find the perfect candidate for your practice, but they are asking to be paid...  Read More
SECURE 2.0 and Your Practice: Maximizing Your Contribution Provisions
By Practice Integration Advisor Thomas Bodin, CFA, CFP® There are many moving parts to SECURE 2.0; this comprehensive legislation features over 90 provisions affecting retirement planning across various industries and employee categories. In a , I explored some significant provisions of the SECURE...  Read More
Navigating Higher Interest Rates: Buying Equipment for Your Dental Practice
By Buckingham Strategic Wealth, Practice Integration Advisor, Brian Roemke As a dentist, the decision to purchase new equipment or expand your dental practice is crucial to staying competitive and providing a high level of care to your patients. However, the current economic landscape may present...  Read More
SECURE 2.0 and Your Practice: Why 2023 and 2024 May Be the Best Years to Start a 401(k)
In the final days of 2022, President Biden signed the . From the 90 new modifications this law created, I will highlight the most important changes to retirement planning for clinicians and practice owners. In this article I will focus on the legislation’s impact to 401K and qualified plans and in...  Read More
Is It Time to Raise Your Fees?
As a financial planner specializing in supporting the unique needs of dental practitioners, I also have the opportunity to learn about some the most pressing wealth issues facing our dental community. While my perspective comes from that of an advisor and not a provider, my role offers insight into...  Read More
Should You Pay Back Your EIDL?
Katie Collins, a Practice Integration Advisor with , helps dentists order their financial lives and reach financial peace of mind so they can better focus on what truly brings them joy. In the summer/fall of 2020, the Economic Injury Disaster Loan (EIDL) was one of the federal pandemic relief...  Read More
When Do You Have to Decide on Repaying Your Economic Injury Disaster Loan (EIDL)?
Mike McAninch is a Practice Integration Advisor with , where he specializes in helping dentists connect their money and their values to realize their most important financial goals. Legislation passed by Congress and signed into law established a COVID-19-specific category of Economic Injury...  Read More
Navigating the Three PPP Loan Forgiveness Forms
Katie Collins, a Practice Integration Advisor with , helps dentists order their financial lives and reach financial peace of mind so they can better focus on what truly brings them joy. Many dentists are using springtime to clean up their books regarding any federal pandemic relief money they...  Read More
PPP Loan Forgiveness and Taxes
Mike McAninch is a Practice Integration Advisor with , where he specializes in helping dentists connect their money and their values to realize their most important financial goals. One of the most considerable ways the U.S. government has provided aid to small businesses during the COVID-19...  Read More
Should You Wait to Apply for PPP Loan Forgiveness?
Katie Collins, a Practice Integration Advisor with , helps dentists order their financial lives and reach financial peace of mind so they can better focus on what truly brings them joy. I hope our latest blog post finds you, your family and your staff all safe and healthy! This year certainly has...  Read More
PPP Loan Forgiveness: New Timeline Means a Change in Strategy
Mike McAninch is a Practice Integration Advisor with , where he specializes in helping dentists connect their money and their values to realize their most important financial goals. Much has changed in the last 60 days concerning Paycheck Protection Program (PPP) loan forgiveness guidelines. Most...  Read More
Unpacking the Provider Relief Fund
Tom Bodin, a Practice Integration Advisor with , works with dentists to help them achieve financial freedom through a comprehensive approach to wealth management. In June, the U.S. Department of Health and Human Services (HHS) announced that eligible Medicaid and Children’s Health Insurance...  Read More
Strategies to Maximize PPP Loan Forgiveness
Brian Roemke is a Practice Integration Advisor with , where he works with dentists to engineer and execute holistic financial plans tailored to help achieve the future they envision. The COVID-19 pandemic has had a tremendous effect on all our lives. Schools and business closed, employees shifted...  Read More
How Best to Utilize Your SBA Loans If You Receive Both the EIDL and PPP Loan
Katie Collins, a Practice Integration Advisor with , helps dentists order their financial lives and reach financial peace of mind so they can better focus on what truly brings them joy. There is still uncertainty for many of you regarding when you will be able to re-open your practice and what...  Read More
Ramping Back Up with the Paycheck Protection Plan
 Mike McAninch is a Practice Integration Advisor with , where he specializes in helping dentists connect their money and their values to realize their most important financial goals. We recently covered the following important topics arising from legislation – the CARES Act – in response to the...  Read More
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