673: Red Flags to Green Lights: Strategies for Transforming the Top 3 Dental KPIs – Miranda Beeson
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Show Notes
673: Red Flags to Green Lights: Strategies for Transforming the Top 3 Dental KPIs – Miranda Beeson
If you want to grow your practice, you need data. But which numbers should you track, and why? To help you answer those questions, Kirk Behrendt brings back Miranda Beeson, ACT’s director of education and amazing coach, to share the top three KPIs you need to know and what to do when your numbers aren’t great. Take your practice from red to green! To learn the secrets to transforming your practice, listen to Episode 673 of The Best Practices Show!
Episode Resources:
- Send Miranda an email: mi*****@*******al.com
- Follow Miranda on ACT’s Instagram: https://www.instagram.com/actdental
- Send Gina an email: gi**@*******al.com
- Subscribe to The Best Practices Show podcast: https://the-best-practices-show.captivate.fm/listen
- Join ACT’s To The Top Study Club: https://www.actdental.com/ttt
- See ACT’s Live Events Schedule: https://www.eventbrite.com/cc/act-dental-live-workshops-306239
- Get The Best Practices Magazine for free! https://www.actdental.com/magazine
- Write a review on iTunes: https://podcasts.apple.com/us/podcast/the-best-practices-show/id1223838218
Links Mentioned in This Episode:
Register for ACT’s To The Top Study Club (April 19, 2024 and April 26, 2024): https://info.actdental.com/golden-ticket
Download ACT’s Roadmap to Practice Profitability: https://www.actdental.com/free-resources/money-tool
Download ACT’s PPO Roadmap: https://www.actdental.com/free-resources/ppo-roadmap
Download ACT’s PIT Stop: https://drive.google.com/file/d/14RC6hKURo0wu0qJmTAYtt-XEPVnwpKA4/view?usp=drive_link
Watch Episode 664: Winning With Data – 7 Practice KPIs to Illuminate Practice Health – Robyn Theisen: https://www.youtube.com/watch?v=80Zrm8oLMS0
Main Takeaways:
Know your production.
Know your write-off percentage.
Know your collection percentage.
Know the countermeasures to apply.
Quotes:
“A thriving practice relies on key data metrics in order to have an objective representation of what’s happening in your practice and the performance of your team, and not basing it on feelings. A lot of times when we’re looking at data, the immediate thought we have is towards money and profitability — which, don’t get me wrong. I want nothing more than to help people be as profitable as possible. But sometimes, what someone is aiming towards might not be profitability. It might be one of the things we talk about, which is working less days but…
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