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Ledger+Plus Bookkeeping & Tax Service

LEDGER+PLUS BOOKKEEPING & TAX SERVICE, LLC

LEDGER+PLUS BOOKKEEPING & TAX SERVICE, LLC LEDGER+PLUS BOOKKEEPING & TAX SERVICE, LLC

KEY PERFORMANCE INDICATORS FOR Dental PraCtice

Dental practices key performance indicators (KPIs) are the vehicle fortracking your practice's long-term goals. KPIs are a set of quantifiable measurements that a dental practice employs to compare and contrast performance in relation to its operations and short- and long-term goals. KPIs provide data that can be used to create a productive framework. Key performance indicators are critical for achieving a company's long-term objectives. As a result, KPIs outline specific activities and procedures that owners and employees can use to achieve short-, medium-, and long-term objectives. Measuring performance is the most effective way for discerning business owners to stay productive and adjust their operations in order to stay on track to reach their business goals.  

Call Ledger+Plus today, at 210-473-1256. We'll set up a complimentary consultation to discuss how we may make maintaining your practice simpler.

pRODUCTIVTY KPI SERVICES

Key performance indicators are the insights, data, and measurements that are frequently required to understand a dentistry practice's performance (KPIs). In this age of current technology, such as software, dashboards, and other innovation to expand their business in the right direction, KPIs provide what dental specialists need to know most about their practices.

We will also discuss several KPI’s, including:

  • Production (gross and net)
  • Clinical days worked per month
  • Production by provider
  • Production by procedures performed
  • Account receivables ratio
  • New patients per month
  • New patient’s conversion ratio
  • Total patients seen per month
  • Patient attrition ratio
  • Recall appointment in Hygiene
  • Case treatments acceptance
  • Appointment cancellation ratio
  • Collection ratio
    • Counter
    • Insurance
    • Billings
  • Overhead ratio
  • Variable cost ratio
  • Fixed cost ratio
  • And other KPI’s for dental practices (also, see “Services” under Financial Analysis)


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