Sikka Insights First To Launch Oral Health-Based Life Insurance Risk Indicators

With the need for increased speed in underwriting, often in the absence of a paramed exam, Sikka’s indicator suite “meets the moment” for a post-pandemic world.

“Sikka is a very interesting company that’s developed sophisticated indicators around Tobacco, Cardiovascular and Diabetes from dental records.”— Manisha Dias, FSA, FCIA, CERA – AVP of Strategic Partnerships at SCOR

SANTA CLARA, CA, USA, June 16, 2021 — Sikka.ai, the most widely used API integration platform for dental practices in the U.S. and Canada, announces the launch of Sikka Insights, a new business unit that leverages consent-based oral care data to facilitate life insurance underwriting that is both faster and more accurate. This is accomplished through the use of Sikka Insights’ groundbreaking tobacco, diabetes, cardiovascular disease, cancer and marijuana usage indicators, which enable more accurate applicant risk classification by carriers and re-insurers, whether used separately or in conjunction with one another.

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Animal Health Workers Need a Break! and Other Data Insights from Sikka

Insightful” Newsletter #3, June 2021

Will veterinarians get a summer break this year? Owing to the explosive growth in pet ownership starting during the initial lockdowns over a year ago, many practices have been feeling the pressure of significantly increased visits and production. This is readily apparent in this chart from our Industry Trends portal, which contains averages of practices across all 50 U.S. states.

With AAA estimating 37 million Americans traveling for Memorial Day weekend, veterinary visits may decline for the next two weeks. This could be a blessing in disguise, providing a much needed break for overworked veterinarians and their team members, who have been pushing to keep up with pet patient demand. We will continue to monitor the “summer shift” and report back after the July 4th holiday weekend. 

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Good Signs Abound: “Insightful” Newsletter #2, May 2021

Insightful” Newsletter #2, May 2021

For this month’s installment of Insightful, we’re taking a look at how dental production for the first four months of 2021 compares to the same period for 2019 – before we could even have imagined the pandemic.

From Sikka’s Industry Trends page, here’s production across the entire United States over the past three calendar years:

2021 is the green line, while 2019 is the yellow line. Look at just how closely they’re tracking over the past month and a half. The lines are almost on top of each other for the most recent week! (Obviously, 2020 was far different.)

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Introducing Sikka Insights’ Data Newsletter, “Insightful”

Insightful” Newsletter #1, April 2021

On the first Wednesday of each month, we’ll send you this short newsletter highlighting just a bit of what can be found on our Industry Trends platform.

COVID Trends

While the U.S. remains locked in a race between vaccinations and variants, the difference between today and one year ago today is stark. In the dental industry, there is no clearer numeric accounting of this than in the year-over-year change, just updated yesterday, in various categories of procedures performed. This is because last year’s comparison week was the start of the Covid shutdown, and practices have largely recovered, as the two charts in this email show (click them to see larger versions).

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“SEE FAR” Principles

See far into the numbers to manage patients and maximize profitability – By Vijay Sikka

WHAT ARE “SEE FAR” PRINCIPLES?

The two major influencers on survival in today’s retail healthcare environment are:

  • 1) How to manage to attract and retain patients
  • 2) How to refine processes to maximize profitability

With over 28,000 dental practice installations and over 7,000 more across animal health, optometry, chiropractic and others, Sikka has been studying how to achieve proficiency in both of the above-mentioned influencers for many years. We have summarized our insights into six points that we refer to as “SEE FAR” principles:

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Optimize “The Great Return” to Normalcy with Practice OptimizerTM

Goals

The past year has brought challenges that would have seemed unimaginable just 12 months ago. While we in the retail healthcare space have risen to meet these challenges, we certainly look forward to happier and healthier times ahead. As we mark a year since the start of the pandemic in the United States and quickly ramp up vaccinations on our way to what you might call “The Great Return” to normalcy, now is the ideal time to reevaluate what you need to do to ensure you maximize effectiveness during this pivotal time in history. A big piece of your planning should revolve around your practice’s financial goals.

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Using Data To Get the Most Out of Your 2021

Punxsutawney Phil saw his shadow, so supposedly we’re in for another six weeks of winter. While we at Sikka enjoy this yearly forecasting ritual as much as anyone, the best forecasting requires a lot more than a shadow. It takes hard data…and lots of it. Luckily for you, we’re specialists in data.

Watch the webinar.

Please join us for a webinar entitled “Using Data To Get the Most Out of Your 2021”. Sikka experts Rory Byrne, GM of Fintech, and Venesa Lewis, Customer Success Manager, will be deep-diving into last year’s data within the retail healthcare industry to forecast and predict trends for what looks to be a promising 2021. Learn best practices and tools that utilize data from your own practice as well as nearby competitors and industry benchmarks.

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Giving Patients What They Want in 2021

Before COVID-19, a gradual shift in patient behavior toward an easier, digital experience was in progress. 69 percent of patients said they would switch doctors for a better, more convenient patient experience.

As the pandemic progressed, that demand has significantly accelerated. How have patient preferences changed? How will you adjust in 2021?

Watch the webinar.

Please join the webinar hosted by Jeff Pickett from Sikka, as dental industry brand experts Norm Schrager and Alyssa Graetz of PatientPop help you get ready for the new year with the latest data on patient trends so you can take the steps needed to attract and retain patients.

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Optimize the Future with Sikka’s Practice Optimizer

Having the industry-leading optimization dashboard wasn’t enough for us – we went and made it better. When our customers asked for reporting in time increments shorter than monthly, we not only added weekly reporting, we went down to daily. This kind of granularity and visibility into the details of your practice’s rhythms allows you to make changes on the fly, not weeks or months later. This, in turn, directly leads to an increase in profits, savings on unnecessary costs and the overall ability to achieve all your objectives, from financial considerations to patient satisfaction.

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Hitting The Ground Running: 5 Simple Ways to Create and Own Your Brand in 2021

It’s safe to say that 2020 was a year of learning and reactions for all of us. 2021 will no doubt be better based on what we’ve all experienced. But how can we be more intentional and take appropriate actions vs always being reactionary?

Please join us for a webinar, hosted by Jeff Pickett from Sikka, as dental industry brand experts Danny Laneri from Swell and Dr. Chad Duplantis discuss 5 simple tactics to create, and ultimately own, your Brand for 2021 and beyond.

Watch the webinar here.

Danny Laneri:

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