Improving Financial Performance

Improving Financial Performance

BENCHMARKING FOR SPECIALISTS

As a specialty practice -orthodontist, endodontist, oral surgeon, periodontist or pediatric dentist - you are in a league of your own. So how to you stack up to other practices like yours? Is your bottom line where it should be? We'll compare your practice to others in your niche and geographic area to see how you compare and where you can improve. This data can also help you determine if you need hire more staff, change your compensation structure or make other adjustments.

SOLUTIONS FOR MULTIPLE-DENTIST PRACTICES

If your practice has more than one dentist, you have unique issues, not the least of which is compensation allocation.

Are you using the right formulas to allocate compensation? Do you even have a formula? By using an experienced team of dental consultants, you'll get help making calculations or creating new formulas.

PERSONNEL COST ANALYSIS

The high cost of personnel wages can be a burden to many practices, especially if your revenue is dropping.

What do wages - including benefits, vacation days and retirement plans - really cost you? A personnel cost analysis can tell you exactly what you're paying your staff and alert you of any adjustments you should consider.

Get more information about our Dental Practice Financial Analysis services.