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GCO Partners

Accounting and reporting
built for dental groups.

We run the books, close the month, and hand your ownership group a clear read on the numbers every week and every month.

Sign-off ready, not review-required: every deliverable clears a senior reviewer before it reaches you. You get CFO-grade visibility without a CFO salary, and a partner who already speaks dental.

What We Do

1

Managed accounting

Full-cycle bookkeeping and month-end close built for multi-location dental groups. AP handled at close, revenue reconciled from your PMS, books tied to source.

2

CFO visibility

A Monthly CFO & Value Creation Dashboard plus a weekly Monday Pulse. The levers behind the P&L, location by location, in plain language.

3

M&A diligence (QoE Lite)

Defensible TTM Adjusted EBITDA, add-back bridge and PMS reconciliation when you buy, sell or bring on a partner. Broker- and buyer-ready.

How We Operate: A Steady Reporting Rhythm

Every Monday

Monday Pulse

A weekly snapshot of the financials: cash, collections, production, A/R, so nothing waits a month to surface.

Every Month

CFO Dashboard

Close completed, then a full CFO & Value Creation review: P&L vs budget, balance-sheet health, location scorecard.

Every Deliverable

Sign-off ready

A senior reviewer clears every output before release. You review and approve. You never have to rebuild our work.

Pricing: Simple, per Group

Managed accounting

Monthly close, CFO visibility & Monday Pulse

Retainer
$600
/ month base

+ $300 / month per additional location

  • Full-cycle bookkeeping & month-end close
  • AP at close, PMS-reconciled revenue
  • Monthly CFO dashboard + weekly Monday Pulse

QoE Lite: deal diligence

Fixed fee by group size, fast turnaround

Fixed Fee
Group Size Fee Draft 1
1 location $1,000 3 days
2–4 locations $1,500 5 days
5–7 locations $2,000 7 days
8–10 locations $2,500 10 days

What You Receive Each Month: Sample Dashboard

Example Practice
Monthly CFO & Value Creation Dashboard
Sample · Illustrative Figures
Rebuilt on your actual data once engaged.
TTM Revenue
$14.2M
+1.8% vs budget
Adj. EBITDA
$2.71M
19.1% margin
Cash Position
$968K
+$41K vs plan
Collections
97.4%
−0.5 pts vs budget
Days in A/R
32.1
+4.6 vs target
Locations
4
All at or above plan
Consolidated P&L vs Budget
Revenue, monthly, $000s · gold marker = revenue budget
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Executive summary
Insights first, the read before the numbers.
  • Revenue +1.8% to budget, all 4 locations at or above plan.
  • Adj. EBITDA margin 19.1%, +0.3 pts to budget.
  • Lab fees +6.4% over budget, Invisalign case mix, not fee leakage.
  • Days in A/R 32.1 vs 27.5 target, patient 90+ ($124K) is the driver.
  • Location 4 op. margin 16.2%, lowest in group, on watch this quarter.
MTD budget variance by line item
Line Item Var to Budget Impact
Revenue +1.8% Favorable
Clinical Labor +2.7% Unfavorable
Dental Supplies −1.1% Favorable
Lab Fees +6.4% Unfavorable
Operating Expense −1.2% Favorable
Balance sheet health
Liquidity, leverage, coverage: what a lender underwrites first.
Current Ratio 1.54×
Quick Ratio 1.43×
Debt / EBITDA 1.9×
Interest Coverage 6.5×
DSCR 3.1×
Debt / Equity 1.16×
~$4.3M unused debt capacity at 1.9× vs 3.5× ceiling, ample headroom to fund a new site within covenants.
Example Practice
Operational & Location Detail
Sample · Illustrative Figures
A/R & collections
Receivables by age bucket, insurance vs. patient.
Bucket Ins. Pat. Total
0–30 $448K $224K $672K
31–60 $142K $88K $230K
61–90 $61K $52K $113K
90+ $71K $124K $195K
Total $722K $488K $1.21M
Cash conversion: A/R 32.1 · A/P 29.4 · CCC +2.7 days
Patient A/R 90+ ($124K) = 25% of patient receivables, ~2× benchmark. Card-on-file at case start recovers 40–60% within two quarters.
M&A readiness, Adj. EBITDA bridge
Reported to normalized Adjusted EBITDA, $M, what a buyer underwrites.
2.19
Reported EBITDA
+0.22
Owner Comp Adj.
+0.17
New Site Pre-Open
+0.08
One-Time Legal
+0.05
Personal Auto/Tvl.
2.71
Adj. EBITDA

Add-backs documented and source-traced, holds up under buyer diligence. QoE Lite normalizes earnings; it does not opine on value.

Practice operations
Clinical levers behind the financials, group averages, current month.
Hygiene Reappt.
86% / 90%
+1 pt ≈ $11K/mo recurring
Chair Utilization
78% / 85%
Slack at Locations 3 & 4
Invisalign Starts
41 / 36
▲ 14% YoY, top 1% nationally
Case Acceptance
70% / 74%
Gap ≈ $34K/mo unscheduled
Location scorecard
Ranked by operating margin.
Location Prod. Coll. Op. Mgn Var Bgt Status
Location 1 $324K 98.2% 24.1% +4.1% Strong
Location 2 $285K 97.8% 21.7% +2.6% Strong
Location 3 $261K 97.1% 18.9% +1.3% Strong
Location 4 $247K 96.4% 16.2% +0.6% Watch

Ready to see your own numbers this clear?

Book a discovery call and we’ll scope your group.

Wherever you’re heading, GCO Partners can help you build the financial capacity to get there with confidence.

Discuss Your Practice