Increasing Practice Production Every Year
Which services will help you retire? That may sound like a funny question, but some services are far more valuable to your practice than others. Track your services so that you can determine which …
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How well-trained is your office manager? Doctors who want much greater freedom to focus on patient relations and care, must train their office managers at the highest level to handle all day-to-day …
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What project have you not completed? Some projects are essential to the future of your practice. Stop procrastinating if you have a crucial project and get it done. …
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Prepare your practice before the crisis. Hopefully you’ll go through your entire career without ever experiencing a crisis that affects production and income. However, we highly recommend that …
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Key Performance Indicator - Tip #5: Check your overhead monthly. If your overhead goes over your established annual goal, you need to dig in and find out why. …
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Key Performance Indicator - Tip #4: Check your production per provider each day. It is one thing to look at total practice production. It is another to look at production per provider to understand …
Key Performance Indicator - Tip #3: Check your production at the end of every day. Production is the most important factor in dental practice success. You want to be aware of how you did each day so …
Key Performance Indicator - Tip #2: Check your new patient production daily. Practices need to check their new patient data every week. Create a software or spreadsheet report showing your new patient …
Key Performance Indicator - Tip #1: Check your no-show rate and last-minute cancellations weekly. No-shows and last-minute cancellations can cost a practice up to $6 million in lost production and …
Reason #5 for Patient Decline: Not Scheduling the Next Appointment. Make it a goal that no patient leaves your practice without their next appointment. …
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Reason #4 for Patient Decline: Inability to Accommodate Emergencies. When patients have emergencies, they expect to be helped. Every morning, make sure you understand where emergency patients can be …
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Reason #3 for Patient Decline: Leaving Insurance Plans. If you decide to exit a dental insurance plan, you will lose patients. This decision still might make sense; however, you must make …
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