Morgan Hamon is back on the podcast! Morgan is co-founder and president of the HDA Accounting Group, and he gets real about what to consider when dropping insurances. With Kiera, he discusses:
What a healthy profit margin is
How to increase your profit margin
How often to update your fee schedule
When to take the leap and drop insurance
The main KPIs to watch if you don’t have a healthy AR
And a ton more
Morgan also shares what he’s hearing and seeing with the practices that HDA Accounting works with.
About Morgan:
Morgan is a graduate of the University of Arizona’s school of business. Following graduation, he was commissioned as an officer in the United States Navy and served for over 10 years as a naval aviator flying carrier-based F/A-18 Hornets. During that time, he deployed to the Persian Gulf and flew combat missions over Iraq in support of Operation Southern Watch. He also served as a flight instructor and landing signal officer for newly winged naval aviators transitioning to the hornet, training pilots in air-to-air combat, and landing on aircraft carriers.
After leaving the Navy, Morgan obtained a master’s degree in accounting with a concentration in taxation from Metropolitan State University of Denver. He is a certified public accountant and is the co-founder and president of HDA Accounting Group, leading a large staff of professional accountants delivering a variety of financial accounting and tax services. Morgan regularly conducts practice profitability advising for over 500 dentists nationally, helping them analyze their financial data and identifying strategies for profit improvement.
#952: This Practice Has No Hygienist (and is Successful!)
Kiera is joined by Mike and Stephanie Walton of Walton Family Dentistry in Bardstown, Kentucky. For the past almost year, the Waltons have not had a hygienist in their office. They talk with Kiera about why they were struggling to keep one staffed,…
Artificial intelligence is steadily growing as a presence in our personal and professional lives. In this episode, Tiff and Dana talk about how AI can be used effectively in practices, game-changing technology in recent years, and the…
Do you ever feel like there’s too much happening in dentistry to keep your head on straight? Kiera talks about 4 ways you can stay up to date without being overwhelmed: Listen to podcasts Attend conferences Join a consulting group Find what…
Did you know you’re losing $600,000 to $1 million by having open time in your schedule? Kiera talks about what is likely impacting your schedule and how to fix it (without working overtime). Episode resources: Transcript: Kiera Dent (00:00.974)…