Improving Patient Care by Improving Practice Performance

Improving Patient Care by Improving Practice Performance is organized by Dentaltown, L.L.C.

Released: 12/14/2016
Expiration Date: 06/30/2025

Overview:
Improving Patient Care by Improving Practice Performance is a presentation for dental providers which will help them understand how making sure their practice is running efficiently ultimately allows them to provide the best care possible to their patients. The presentation starts off by explaining the difference between production and collections and how each can be used to measure practice performance and cash flow. Expense classifications of a practice are described and the importance of properly grouping expenses for the purpose of comparing your practice to industry benchmarks is summarized. The makeup of practice overhead is explained so that there can be consistency when comparing your practice to the industry. The relationship between revenues and overhead and the analysis of each is explained so at the end of the day the dental provider can monitor the health of the practice. Finally everything is tied together with an explanation of why having a practice that is running efficiently and that is healthy from a financial standpoint lends itself to better patient care because of its effect on the dental provider.

Educational Objectives:
Upon completion of this course, participants should be able to achieve the following:
• Understand the difference between Gross and Net Production and Gross and Net Collections
• Classify expenses into categories and group expenses for the purpose of analyzing overhead
• Understand what expenses should be included in practice overhead
• Compare their practice to similar practices and analyze why their overhead may be higher or lower
• Understand the importance of keeping the practice financially healthy so they can focus on providing the best patient care

Note: The fee to view this course is $36. This cost includes the fee to take the exam and claim your CE credits.

1.5 CE Credits