COVID-19 Effect on Dental Industry and Implications for your Practice

Join us for an insight-packed webinar, hosted by dental industry expert Kevin Henry in conversation with Rory Byrne, General Manager of Fintech at Sikka, as they shed light on the economic impact on U.S. dental practices. Using Sikka’s data, they will provide an in-depth analysis of Sikka’s interactive U.S. heat map, and discuss ways that practices can stay productive during this downtime and prepare for reopening.

Watch the webinar.

With more than 16 years in dental publishing at Dental Products Report, Dental Economics and DrBicuspid.com, Kevin Henry was recently named as one of the top five influential voices in the industry. Kevin has conducted numerous webinars and presentations, advising dental professionals how to more effectively manage their practices and enhance their patients’ oral health outcomes. You can follow Kevin on Twitter at @kgh23.

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Dental industry devastated by the economic impact of COVID-19

Sikka Software, today announced the launch of a new website and heat map detailing the economic impact of the Coronavirus on the dental industry.

SANTA CLARA, CA, USA, April 2, 2020 — Sikka Software, a market leader in advancing retail and dental healthcare connectivity, today announced the launch of a new website and heat map detailing the economic impact of the Coronavirus on the dental industry. The repercussions of the Coronavirus on travel, restaurants, transportation, and retail have been widely discussed in the media, but the devastating impact to the $140B dental industry, employing over 150,000 workers in the US, has not yet been quantified. New data from Sikka Software, compiled from over 9,000 opt-in dental practices, shows that average patient visits declined by 81% the week of March 22rd versus the week of March 8th. The impact to dental production is even more dramatic, with the average dental practice down 83% over the last two weeks. To illustrate this impact, an average California dental practice produced just over $31,000 and saw an average of 88 patients during the week of March 8th. Last week, those averages dropped to under $6,000 and only 18 patients. Individual Practitioners have been hit harder than Dental Service Organizations (DSO), as DSOs are more likely to have emergency equipment, appropriate PPE, and are more likely to be engaged in teledentistry, all of which enable them to remain partially operationally during this crisis.

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3 Changes You Can Make in 2020 to Get Paid Faster

The new decade has arrived and if you are like the rest of us, you likely have big goals and dreams for your practice in 2020. Running a dental practice, one of the biggest challenges you face is getting your patients to pay on time. When and how you ask for payments can have a huge impact on the likelihood of you getting paid quickly.

Join dental industry expert Kevin Henry in a conversation with payments expert Don Apgar, of Sphere, as they discuss strategies to encourage and enable patients to pay on time. Tactics will include when to ask for the payment, providing convenient payment methods, and best practices for tracking and reconciling payments in your practice management system. Start 2020 strong with these simple changes to help drive timely patient payments and improve your practice cash flow.

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Check out Sikka Payments at the Greater New York Dental Meeting [video]!

Sikka Payments, by Sikka and Sphere, was launched at the GNYDM!

Sikka Payments is an easy to use app that gives your patients choices for when and how they pay, so you get paid faster. All payments are processed through a single easy-to-use interface. Unlike other payment applications, Sikka Payments posts all card and ACH payments automatically to your practice management system!

Check out this revolutionary product in this video from Kevin Henry.

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Sikka Software collaborates with Sphere to Launch Sikka Payments

Patient-Centric Approach Redefines Payments Integration for Dentists

December 2, 2019, New York, NY– Sikka Software, a market leader in advancing retail healthcare connectivity, and Sphere, the leading provider of end-to-end integrated payments and security software, today announced the launch of a new payment platform, Sikka Payments, for dentists and their patients. This innovative platform is designed to equip patients with a pay-anywhere capability and automate the payment and reconciliation process for providers. The announcement came during the Greater New York Dental Meeting, a global event featuring some of the best new products and services for dental professionals.

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Why We Won the Best in Healthcare APIs at API World

Wow! Our API was again judged the best in Healthcare by the folks at API World. For the second time in the last 3 years. And, our company also made it into the top 300 innovators – across all categories. It did take a moment for that to sink in. The first time, perhaps a lucky strike. But that’s twice now. There’s no lobbying for those awards, and they had fancy criteria to go by when judging the winner. Clearly, we did well on them.

To us, however, it comes down to just one thing. We let you – our API partners – scale. We understand what you mean when you say, I want to serve all dentists, veterinarians, optometrists, audiologists, oral and orthodontists and maxillofacial surgeons and I don’t want to be limited by the software they use to manage their hospital/practice and record the patient’s medical records. Without us, you would need to connect individually to the different software platforms used by each of the retail healthcare providers. It would be like learning 12 languages that are continuously changing. Actually, about 500 languages. You’d have to speak the language of each individual practice management software in the market. We cut it down to one. That’s what the One in Sikka One API is for. Your code for One API and you open yourself to a vast expanse of the market.

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Sikka Software again wins Best in Health APIs from API World Awards, recognized for developer friendly platform

October 22, 2019 – Sikka Software, the leading platform and marketplace for retail healthcare, was awarded Best in Health APIs from the 2019 API World Awards. This is the second time Sikka Software has won this recognition for the company’s work in the booming health API industry.

Sikka, with its One API, is enabling retail healthcare providers to accelerate their digital transformation and adopt new and innovative solutions that enable them to better manage their practices. Sikka’s secure platform cloud connects to over 90% of practice management systems and provides a single access point where partners can build their apps. There are now over 50 unique apps powered by Sikka’s One API including apps that help practitioners increase productivity, patient retention, profitability and more.

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Webinar: Fees, Profitability and Optimizing Your Practice

Update your fees every six months to keep aligned with the cost of living, labs, salaries, procedure mixes, and geographical trends.

Join Vijay Sikka, CEO of Sikka Software, for a free webinar on Fees, Profitability and Optimizing your Practice (the best 45 minutes of your time to enhance practice profitability).

Watch the webinar recording here.

Or get started with a fee survey for dentists or vets. Surveys include data for up to three zip codes and will help you keep up-to-date with lab costs, salaries, what other professionals are charging and more!

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