One of our live Novonee webinars this month was the top three KPIs the clinical team should be monitoring. The reason I thought this would be a great topic is because most clinical team members did not go into this field of work because they wanted to learn how to run a business. What I do know is that you do become a clinician because there is a lot of income potential with dental hygiene and assisting. When you know what numbers you can influence in your practice, the potential for practice profitability goes up which will make your compensation go up.
The top three KPIs we talked about during our live webinar a couple weeks ago were net production per day/hour, dental supplies, and your time sheet. All three of these important numbers directly affect the practice revenue and profitability. The definition of profitability is revenue — expenses and the clinical team has the power to influence both of these pieces of the practice Profit & Loss Statement. That is a lot of power!
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