Use Sikka’s Fee Survey Tool To Supercharge Profits

September 3, 2020 Leave a comment

“I can’t raise prices – I’ll lose customers!”

Sound like someone you know? Or this one:

“I’m not worried about losing customers over price – my prices are just fine where they are.”

These viewpoints may appear completely opposite on the surface, one as pessimistic as Eeyore from Winnie-the-Pooh and the other confident to a fault, but they share something in common:

They’re both wrong.

If your goal is to optimize your business practices so that you can maximize your profits, undercharging and overcharging are equally disastrous. Armed with the right data, you can raise your prices in many instances and you should lower them in others.

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Going to The Dogs? Sikka Analytics Show Huge Pet Spending During COVID

September 1, 2020 Leave a comment

The week of March 8 seems like a lifetime ago. That week was, more or less, the last one in the U.S. where things still felt “normal.” It was certainly a completely different business environment, with veterinary and other retail healthcare practices – including dental, optometry and chiropractic (no different from restaurants, retail outlets and other small businesses having a steep revenue drop-off starting in mid-March.

Throughout the crisis, the one area where people are spending more money is on their pets. Early on, there were widespread reports about the increase in pet adoption, driven in part by people wanting the company of a dog or cat to keep them company during the shelter-in-place.

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Going to the Dogs? Sikka Says Pet Parents Invest Heavily in Health of Their Pets

August 18, 2020 Leave a comment

Despite COVID-19, U.S. Spending on Animals – Especially for Dental Procedures – Races Forward

Santa Clara, August 18, 2020: Sikka Software, a market leader in advancing retail healthcare connectivity, applications and insights, today announced the results of a months-long study into the veterinary industry about animal health during the COVID-19 crisis. Despite the devastating economic impact created by the pandemic across industries in the U.S., pet parents are investing in the health of their pets at a record pace.

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4 Ways to Increase your Practice Revenue

August 6, 2020 Leave a comment

Please join our webinar “4 Ways to Increase your Practice Revenue” hosted by Rory Byrne, General Manager of Fintech at Sikka, in conversation with Vincent Cardillo, President & CEO of Maeva Dental Advisors, and Harold Gornbein, Partner of Apex Reimbursement.

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We will uncover 4 areas of revenue optimization within your practice you may be overlooking.

Vincent Cardillo is the founder and leader of Maeva Advisors, formerly Dental Management Innovations, LLC, a provider of outsourced C-Suite services to dental groups and aspiring groups, and to investment professionals looking to make an investment in a Dental Service Organization. Vincent is a proven industry leader with over 17 years of experience in leadership/partner roles in three dental practice management companies.

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Guidance for Veterinary Practices through the COVID-19 Environment

July 29, 2020 Leave a comment

Please join us for our Part II of our series of webinars on the COVID-19 impact of the veterinary industry, hosted by Rory Byrne, General Manager of Fintech at Sikka, in conversation with Dr. Matthew Salois, Director of the AVMA’s Veterinary Economics Division.

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We will present the latest data on veterinary practices production and procedures as the crisis continues and help guide veterinary practices through these challenging times.

Dr. Salois comes from the AVMA from Elanco Animal Health, where he served as director of global scientific affairs and policy since 2016, and as an economic research and policy adviser from 2014-16. Prior to joining Elanco, he worked as the chief economist for the Florida Department of Citrus and as an assistant professor in economics at the University of Reading in the United Kingdom.

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Maximizing Practice Cash as the Dental Industry Rebound Gains Momentum

July 1, 2020 Leave a comment

The dental industry is experiencing a U-shaped recovery, with the average practice in many states already exceeding pre-shutdown levels of production and patient visits. Following 3 months of limited production, this rapid increase combined with the new hygiene and patient protocols, can put a strain on practice cash. 

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Please join us for the webinar hosted by Vincent Cardillo, President & CEO of Maeva Dental Advisors, in conversation with Rory Byrne, General Manager of Fintech at Sikka, as they provide insight into the latest rebound numbers for the dental industry and share best practices on how to maximize your practice’s cash efficiently.

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Will Dentistry recover from COVID-19, and if so by when?

June 23, 2020 Leave a comment

Taking back dentistry from COVID-19 impact, a State level analysis.

Sikka Software is the leading provider of award winning API platform and marketplace of applications to the dental industry, and over the last several weeks we have been tracking over 10,000 opt-in dental practices to measure the impact of the Coronavirus pandemic on the industry. We have been focusing on production, visits and functional areas such as orthodontics, oral surgery, preventative and restorative procedures, endodontics and periodontics procedures, implants and prosthodontics procedures and more.

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Podcast: Using Predictive Modeling to Forecast COVID Economic Recovery

June 19, 2020 Leave a comment

Welcome back to the Sikka Software Podcast! Here at Sikka we are passionate about bringing you tools and solutions that benefit your patients and your practice.

Chairman and CEO, Vijay Sikka, joins Coruzant Technologies for the Digital Executive podcast. He shares how using predictive models can help forecast the economic recovery after the COVID-19 fallout.

This Podcast was originally published June 15, 2020. View the original Podcast here.

Podcast: Play in new window | Download

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The Dental Industry Is Bouncing Back

June 18, 2020 Leave a comment

The week of March 8 seems like a lifetime ago. That week was, more or less, the last one in the U.S. where things still felt “normal.” It was certainly a completely different business environment, with dental and other retail healthcare practices – including veterinary, optometry and chiropractic – no different from restaurants, retail outlets and other small businesses in feeling the steep revenue drop-off since then.

Among the healthcare industry, dental practices have felt an acute revenue hit since they were not initially considered an essential service. Because of this designation and the shelter in place orders keeping people away, the day-to-day services of check-ups, cleanings, cavity fillings and everything else not considered an imminent health risk came to a virtual standstill until only just recently. With revenue grinding to a halt, most dental practices had to furlough their employees or lay them off.

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5 Tips to Take Payments While Social Distancing

June 11, 2020 Leave a comment

Please join the webinar hosted by Ryne Natzke, Vice President of Strategic Accounts/Healthcare at Sphere in conversation with Rory Byrne, General Manager of Fintech at Sikka, as they show you practical tips to help you adapt the ways you take patient payments to align with social distancing.

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Ryne Natzke, Vice President of Strategic Accounts/Healthcare at Sphere, is responsible for managing Sphere’s healthcare strategy and largest, strategic accounts across Sphere’s key verticals, including both large merchants and software partners. He brings more than 10 years of experience in the health IT world and has worked at or with many of the leading players in healthcare.

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