Tracking your production vs collections ratio is a great way to optimize your revenue! To learn more, listen to the podcast or read a transcript of the audio.
Hygiene production makes up around 30% of a practice’s production, so it benefits you to make sure you’re properly tracking it! To learn more, listen to the podcast or read a transcript of the audio.
In this podcast, we cover nationwide averages of 10 key metrics that every dental practice should know.
It’s always an excellent idea for dentists and team members to know what numbers are making an impact on their practice’s bottom line and to have some numbers from across the U.S. that they can use as a comparison to see how well, or not so well, they’re really doing.
As IgniteDA co-founder Kevin Henry often reminds dentists and team members during our monthly webinars, you aren’t just running a practice, you’re actually running a small business. Knowing your numbers is a key part of keeping that business successful.
Did you know that Sikka tracks key performance indicators (KPIs) for specialties within the dental industry? You can find many of these KPIs in the standard version of Practice Optimizer Premium, but Sikka has a special version of Practice Optimizer just for orthodontics. With Practice Optimizer Orthodontics, you can track important information about your business and, more importantly, how effectively orthodontic care is delivered throughout your practice.
Here are some ways that Practice Optimizer Orthodontics is customized:
As with other key performance indicators (KPIs), tracking doctor production is crucial to maintaining your dental practice. Setting and achieving goals motivates you and your team by holding everyone accountable for work on a daily, weekly, monthly, and yearly basis.
This KPI provides the big picture of how your practice is doing at any given time. A busy practice is not necessarily a productive one. If you have a schedule full of patients and your numbers are not justifying the busyness, taking a look at doctor production can help you identify any issues. Here are some factors that can help.
Check out our webinar featuring dental expert Kevin Henry in an interview with Amol Nirgudkar, Co-founder and CEO of Patient Prism, for 4 steps you can take to increase the number of new patients without also increasing marketing spending. They discuss easy to implement strategies to help your front desk succeed. Click here to watch the recording.
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What is your net production per hour? How about for your hygienists? You might have a rough idea of these numbers, but knowing these data can help you pinpoint what’s going right and wrong with your practice.
Most of us in dentistry have certain ideas about how dental hygiene services should be integrated into the practice of dentistry. But preconceived notions are just that, notions. I decided I needed to use facts instead to examine the state of hygiene and dentist production in the U.S.
Have you ever wanted to streamline your workflow and help your team complete daily tasks? Hydra can help! Hydra is our latest innovation that guides each team member, from the front office, back office, hygienists, treatment coordinators, dentists and office managers through daily activities so nothing falls through the cracks! Check out a demo of our new software and get a special limited time promo code to try hydra for only $10 the first month!
See the video here: http://bit.ly/2EgL2yr
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