Alitta Boechler is a marketing manager at Sikka Software. She holds a Doctorate of Audiology from the University of Iowa and an MBA from the Jesse H. Jones Graduate School of Business at Rice University. You can contact her at alitta.boechler@sikkasoftware.com or (408) 359-3014. For more information about The Practice Optimizer Company® please visit https://www.sikkasoft.com/dental/sikka-apps/practice-optimizer-dental/
The latest trends in dental practice accounts receivable
October 6th 2016Although collecting payment from delinquent patients may be uncomfortable, it is a necessary part of keeping a practice healthy. This paper examines trends in accounts receivable and how accounts receivable balances have changed since 2011.
The importance of patient acquisition in a competitive market
August 9th 2016As attracting new patients and keeping the current active patient base robust is imperative for the financial health of the practice, dentists need to know their patient numbers and how those numbers compare to national averages.
5 ways to manage seasonality trends in the dental practice
July 21st 2016Seasonality trends are something most dentists experience, and deciding how your practice will deal with the highs and lows is important to keeping your practice healthy. Here are five tips on how to manage seasonality in your practice.
Seasonality and effects on accounts receivable in the dental practice
July 12th 2016Accounts receivable is often a significant part of a dental practice’s financial health. Due to common dental benefit practices and late patient payments, dentists are often owed a significant amount of money. Although carrying an accounts receivable balance is common and in many cases unavoidable, reducing the outstanding financial burden can improve cash flow and overall practice health.
5 steps to building your practice brand
May 17th 2016As a dentist you regularly interface with your patients and your community, making you a public figure and the target of online and offline discussion. How patients discuss you, in a good or bad light, can be strongly influenced by you and your team. In essence, much of their opinion of you is shaped by how you present yourself and your practice - and whether they agree that you live up to those expectations.
5 ways to stop revenue-killing attrition in your dental practice
April 20th 2016Attrition is devastating to a practice, and not for the reason most practitioners think. Many assume that they are only losing revenue from one patient, and that there is always another new patient around the corner to make up the difference. However, loss of patients not only results in revenue loss but also in added expenses in marketing and onboarding new patients so the practice can maintain patient flow.
Trends in hygiene care from 2008-2015
April 4th 2016This article will focus on these care providers and the value they bring to the dental practice. Data includes hygienist gross revenue, net revenue compared to scheduled production and number of patients seen monthly. Trends are measured over the last eight years to give a comprehensive look at the hygienist’s role in the dental practice.
Trends in hygiene care from 2008-2015
April 4th 2016This article will focus on these care providers and the value they bring to the dental practice. Data includes hygienist gross revenue, net revenue compared to scheduled production and number of patients seen monthly. Trends are measured over the last eight years to give a comprehensive look at the hygienist’s role in the dental practice.
The latest revenue data for dental practices across the nation
March 16th 2016This article will discuss national trends such as average gross revenue and collections in private dental practices, focusing on the widening gap between the revenue due and the actual dollar amount that is collected by the practice for services and products.
5 ways to tell if dental benefit plans are failing your practice and patients
March 15th 2016Because each dental practice is unique in how and where they are located and plans can vary widely in fee schedules, it is difficult to understand when plans are negatively affecting your patients and your practice.
The latest fee data for 18 popular procedure codes
February 8th 2016Keeping your fee schedules up-to-date is imperative to keeping your practice healthy. There are many important factors to take into account including geography, your patients, how you practice and data from other practices in your area. However, quality data on fees in your zip code can be challenging to find-so Sikka Software did the work for you.
Dental insurance: An untapped source of cash flow
January 5th 2016Billions of dollars in dental insurance benefits are left unused every year. These benefits can be used for both general maintenance care as well as dental procedures, like root canals or emergency procedures. According to Forbes, only three percent of patients use all of their dental benefits annually, indicating that there is a significant dollar amount of benefits left untapped at the end of December.
5 steps to developing your team
September 17th 2015You can’t run your clinic alone. Whether you are a large center or a small clinic, you likely will need to manage both professional and support staff. You may need other dentists, specialists, hygienists, office managers and front desk personnel to be part of the team. This staff may come with a wide range of educational backgrounds and, depending on the individual positions, may require varying levels of supervision.