Practice Management Boot Camp
Top Tips for Managing Practice Money
During the COVID-19 crisis we know you are worried about your patients and your practice. Everyone is struggling to maintain revenues without the ability to see more patients. Dentrix wants to help you make the most of this downtime and better weather the current climate so you and your practice can bounce back on the other side.
That’s why we created an ebook with Dental Product Shopper and three participating dentists to help you understand what you can do now to help your practice survive, then thrive.
Here’s four tips the book covers in detail:
Patient Payments - try to be proactive in letting patients know what the costs of treatment will be upfront.
Billing & Collections - rely on your practice management system to help automate administrative tasks, especially collections.
Insurance - the more information you have ahead of time and can provide to patients, the better your practice’s accounts receivable are and the better interpersonal relationships you can build with patients who learn to trust you.
Business Analysis - you cannot manage your business unless you know your KPIs. Production per patient, production per hour, collections, new patients, income-generating procedures, and missed appointments are all KPIs you need to track.
This e-book also covers:
•Why money matters in dentistry now more than ever in a climate of decreasing revenues and how to make changes now that will help
•What your practice management software should already be doing to help you navigate financial complexities
•Tools and resources that Dentrix provides that can help you maintain profitability