A Practice Self-Assessment You Can Take to a Lender

At some point a lender, an insurer, or an advisor asks a practice owner to describe how the business is doing. Most owners can produce production and collections and the accountant's year-end statements, but not much about what happens between those totals. A self-assessment built from your own cost and margin figures fills that gap with something specific to bring to the conversation.

What a self-assessment is, and is not

A self-assessment here means a plain summary of your own numbers: the estimated cost and margin of the work you do, drawn from data you provide and authorize. It is not a credit score, not a rating, and not a recommendation to lend or insure. It does not promise any outcome, and the institution always makes its own decision on its own criteria. You decide whether to share it at all.

Adding your accountant

If you want an externally reviewed version, you can invite an accountant to review the figures and add their input. It stays your own self-assessment, supported by an accountant rather than replaced by one. Because it builds on work an accountant may already do, it can be a possible time saver at minimal additional cost in accountant fees, depending on your accountant, and it is entirely optional.

Why per-procedure detail helps the conversation

An accountant's annual report summarizes the whole practice once a year. A self-assessment adds the operating layer underneath it, showing cost and margin by procedure from your own numbers. It works alongside the annual report, not instead of it, and it lets you speak to where the practice makes its money rather than only to the totals.

You control what leaves the practice

Your operational data stays in your own storage. When you choose to share, DentistOpFlow produces a watermarked report you send yourself, so only what you decide to send ever leaves the practice, and only by your hand. The judgment about whether, when, and with whom to share it stays entirely with you.