These Trends Could Be Costing You $24,000/year & How to Fix It
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Tired of the guessing game in your practice management? This essential episode of Dental Unscripted pulls back the curtain on the raw data driving -- or should we say -- stalling dental practices nationwide. We bring in Steven Jensen from Dental Intelligence, a leader in dental practice analytics, to reveal the most critical trends affecting your profitability. We cover these 4 major data points in detail!
- The Patient Attrition Crisis: Discover why industry patient growth is flat (around 1.8% per year ) even when you're getting new patients. We show you how the rate of cancellations and no-shows has nearly doubled, pushing patients into an "unscheduled la-la land".
- The Case Acceptance Collapse: Learn about the steep decline in treatment dollar acceptance, which has fallen from approximately 46% to the 29%–33% range in just a few years.
- The $24,000 Difference: Hear a real-world example of how tracking just three key metrics by provider revealed a 14% difference in case acceptance between hygienists, representing a potential $24,000 gap in doctor production.
- From Insight to Action: The conversation moves beyond the "what" and addresses the "how." The hosts and Steven discuss using morning huddles and analytical dashboards to implement new systems that dramatically improve patient retention, treatment acceptance, and overall profitability.
Whether you're struggling to pay bills, scaling, or just want more in your paycheck... leveraging this level of data is the best way to get in the game. This episode provides the intelligence (pun intended) that you need, and the steps to act on it.
ABOUT THE GUEST:
Steven Jensen is the Vice President of Business Development at Dental Intelligence, where he has spent seven years helping dental practices and DSOs accelerate growth, improve profitability, and elevate patient care through data-driven strategies. As the host of the "Growth in Dentistry" podcast and a frequent keynote speaker, Steven is known for delivering actionable insights that resonate with dental leaders at every level. He lives in Utah with his family and is also an accomplished endurance athlete.
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About Mike & Paula
Michael Dinsio and Paula Quinn are Dental Practice Consultants who care! You can partner with them to turn around and supercharge your practice. Learn more about what they can do here: https://nxlevelconsultants.com/
53 episodes