Just like your patients, your dental practice needs regular checkups to stay healthy and perform at its best. Ignoring potential problems can lead to decreased efficiency, lost revenue, and increased stress. Here are 5 signs you need a dental practice checkup:
1. Financial Performance is Sluggish
Are your collections down? Are you having trouble controlling expenses? A practice analysis can help you identify opportunities to improve your financial performance. By evaluating your financial statements, revenue trends, and accounts receivable, you can gain valuable insights into your practice’s financial health.
2. Operational Inefficiencies
Are your workflows clunky? Is your team spending too much time on administrative tasks instead of focusing on patient care? An operational review can identify opportunities to streamline processes, optimize scheduling, and improve staff productivity.
3. Lack of Data-Driven Insights
Are you making decisions based on gut feelings instead of hard data? Do you know your key performance indicators (KPIs)? A practice analysis can give you a clear picture of your practice’s performance and opportunities and inform future business decisions.
4. Frequent Staff Turnover
Are you constantly hiring and training new employees? High staff turnover can disrupt operations, decrease morale, and impact patient care. A practice analysis can help you identify the root causes of turnover and develop strategies to improve employee retention.
5. Overwhelming Administrative Burden
Are you and your team bogged down by insurance processing, patient billing, and other administrative tasks? Outsourcing these tasks can free up your staff to focus on patient care and improve your practice’s efficiency.
How Proveer Can Help
Proveer offers a range of services to help dental practices thrive. Our practice analysis provides an evaluation of your practice’s business side, identifying areas for improvement and opportunities for growth. We also offer outsourced administrative services to streamline operations and reduce your team’s workload.
Don’t wait until problems become overwhelming. Schedule a free consultation with Proveer today and take control of your practice’s success.
Better results. Less stress. Full control.
Having a business ally allowed us to pursue our dream of ownership. We are glad to be working with Proveer and give them high praise.
--Anne Meeuwsen, DDS --
In addition to receiving expert business strategies they also have the ability to directly implement those strategies into your practice while saving valuable time and resources. They have increased my profitability while decreasing my stress. I highly recommend them!
--John Klooster, DDS --
Proveer has simplified my practice and increased the quality of my life. I can stick to the dentistry and the routine management tasks, but leave difficult chores (negotiate with insurance, office retirement plan implementation, monthly check of the books…) to Proveer.
--Drew Scholtz, DDS--
I recently purchased my practice, and the transition to practice ownership has been a breeze thanks to Proveer. With everything involved in acquiring and setting up a dental practice, I would have been lost without them.
--Kathryn Burggraaf, DDS--
Custom Solutions Designed For Your Practice
We don’t sell canned answers or try to fit you into our box. Proveer leverages sound business principles and our experience to deliver the business solution and results that are optimal for you and your practice.