Ready to transform your dental practice into a thriving business? Discover the essential KPIs you must track to ensure financial health and patient satisfaction. Join Dr. Shon as she breaks down the critical metrics—revenue growth rate, profit margin, patient retention rate, and new patient acquisition—that can make or break your practice. Learn how practice management software like CareStack can simplify your KPI tracking and why balancing new patient acquisition with retention efforts is vital for sustainable growth.
Facing high operational costs in your first year? Dr. Shon dives into the challenges of managing expenses, especially with insurance processes, and the importance of financial literacy. Unlock strategies to increase treatment acceptance rates through effective communication, patient education, and cutting-edge AI technology like Pearl. We'll also highlight the necessity of maintaining positive cash flow, leveraging business credit, and building a happy, productive team to ensure your practice not only survives but thrives. Tune in for actionable insights that could revolutionize your business operations!
Thanks for listening and growing with me on this journey towards the ultimate level of success. #Hood2hooded #drshon #drshonconsistencyproject #consistencyproject
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