Managing a dental practice presents many challenges, from balancing patient administration and clinical care to seeking growth opportunities and increasing revenue. Navigating these complexities requires strategic decisions, especially regarding financial health. According to a report by Oral Health, 52% of dentists reported annual incomes of less than $1.5 million. Investing in the right comprehensive practice management solution can be transformative for dental practices looking to boost revenue results. Keep your sight on your long-term goals with these three daily practices, designed to streamline your operations, enhance patient satisfaction, and drive financial success.
1. Make Data-Driven Decisions
Sustainable revenue growth requires monitoring both the macro-level and micro-level health of your practice. To gain insights into your practice’s performance, ensure you and your team understand critical metrics from your practice management solution, such as patient acquisition costs, treatment acceptance rates, and revenue per patient. This enables you to make informed decisions that drive growth and profitability.
At the micro level, the Dentrix Daily Team Huddle Report is a tool that helps prioritize daily activities, measure performance, and adjust for a more productive day. It’s not just a report, but a way of working for your practice team to come together and contribute to the practice’s success. Encourage team participation by having a daily huddle.
The Daily Huddle practice enables dental offices to plan their days even better and maximize opportunities by placing valuable patient information at their fingertips.
2. Clinical Efficiency
Integrate your front-office tools with your clinical tools. Linking the accounting, scheduling and charting functions, Dentrix clinical tools provide a integrated solution for improving your patient care, saving time from manual entry and improving your practice profitability.
Using tools such as Dentrix Smart Image connects your clinical and financial processes into one efficient workflow. When you acquire diagnostic images, Smart Image automatically associates them with the correct CDA codes for accurate billing and displays them in the patient chart. The patient’s 2D and 3D images can be accessed easily with the software.
3. Improve Patient Case Acceptance The Dentrix Treatment Planner helps generate and manage patient treatment plans. Now your patients can review, accept or reject a suggested course of action before they see the bill.
- Create multiple dental treatment plans for each patient
- Offer alternative plans to improve case acceptance
- Split procedures into separate visits for better scheduling
- Track patient plans to easily see which plans have been referred, proposed, accepted, rejected or completed
- Flag unscheduled or incomplete treatment plans and calculate what the unfinished procedures are costing your practice
Get more out of your practice management software with a trusted partner. Henry Schein One has supported 35,000 practices across North America for over 25 years. Our Canada-based support and training teams ensure you are never alone in your journey to excellence.
Learn more and book a demo to see how Dentrix can help you support your revenue goals.
*Date Source: Oral Health Group, Data-driven Dentistry 2024
