Let’s take a step back for a moment and look at how we make these decisions.
We all make decisions based on information, but when it comes down to business, it’s easy to get overwhelmed and we use our instinct and intuition. Ask yourself: Is my dental practice successful? Now ask yourself another question: How do I know?
One of the biggest trends in business right now is using metrics and assessments to make better business decisions. Metrics are measurements that are used to gauge performance, how many patients can a hygienist see in a day, how many days do they work, how much revenue does this generate?
There are many different ways to use metrics to understand your success and key performance indicators (KPIs). For instance, if you want to grow your practice, count the number of new patients per month and look at your referral sources. You can also look at improving your bottom line by tracking your outstanding accounts receivables and your success rates for converting routine visits to cosmetic procedures.
At DentalPost, we use metrics to help you make better hiring decisions. By using personality assessments, like DISC testing, values and skills assessments, and understanding work culture fit, we at DentalPost help collect this data so you can make better hiring decisions.
Data and metrics matter. So the big data craze is here to stay. Measuring these things can give you a clearer picture of your practice. Your calendar may well be booked from am to pm, but if you have got too many no-shows, or patients aren’t paying their bills, or insurance companies are giving you the runaround, or the bulk of your procedures are simple low-cost transactions, then your business could be losing out.
So, you’ll never know until you measure it!
Posted June 21, 2019
Spend more time with family. Have more time to pursue hobbies, go back to college, or write a book. Earn extra income to supplement your current job. Why do you want to temp as a dental assistant or hygienist? Temping in a dental office can be a super-convenient way to earn while maintaining a flexible […]
Posted June 21, 2019
Often forgotten, the dental lab technician (tech) is a valuable member of any dental team. We’re usually huddled away in a separate location, sometimes miles away, musing over a case. The “out of sight, out of mind” adage holds true, but it doesn’t have to. Your preferred lab tech may not be in your immediate […]
Posted June 17, 2019
What is your dentist doing to reduce their carbon footprint? Every year, we learn more and more about the threat of climate change, and over the last several years, many industries have been looking to make a difference. They understand that climate change can have adverse effects, and they want to do their part to […]