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Do More With What You Have… Or Lose More of What You Got

Do More With What You Have… Or Lose More of What You Got

Every business has assets and liabilities.

But if you’re not maximizing your assets, that’s a liability.

And in today’s competitive market, you can’t afford to turn strength into weakness. But that’s what many practices are unintentionally doing.

The #1 mismanaged asset in a dental practice is the patient base. Time and time again, when we analyze practices, we find that they have…

  • Hundreds of inactive patients due to lack of follow-up
  • Scores of overdue patients who haven’t been scheduled
  • Dozens of patients with unfinished treatment
  • Countless one-and-done patients who were never contacted after their initial appointment

Not Enough Patients… or Not Reaching Out Enough?

Practices typically spend thousands of dollars trying to attract new patients, yet most offices devote little time to rescheduling overdue and inactive patients. Just as your financial coordinator should regularly contact patients who owe the practice money, the scheduling coordinator should designate at least one hour a week to bringing unscheduled and inactive patients back into the practice. If you have a backlog of “idle” patients, then you’ll need to devote significant resources to play catch-up.

Many of these patients will come back… if you contact them and use influential scripting to remind them that regular appointments are critical for maintaining optimal oral health and identifying minor issues before they become major problems.

Conclusion

New patients matter, but so do the patients already “on the books.”  Put procedures in place to reschedule patients who cancel and to reactivate patients who haven’t been in the office in 12–18 months. By bringing these patients back, you’ll have a fuller hygiene schedule and an infusion of new revenue.


Additional Resource

Need a systems checkup? Find out how a Practice Performance Analysis can pinpoint whatever’s limiting your growth. To learn more, click here.

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