Sean Frazer says most dental practice owners can't tell you how many new patients they saw last month or what their collection rate is. Without real-time data, you're essentially guessing at the numbers that run your business.
It is unsettling how frequently dental practice owners don't know the basics, basic numbers that should be just, how many new patients did you have last month? What's your average in new patients over the past trailing 12 months? It's really shocking how frequently the numbers are a total guess or, you know, all over the place or completely wrong. Exactly. And then just to go on from the, the numbers, I would say financials, the big picture financials, is something that owners really, really aren't aware of, and it's so important. You know, we can produce all day long, maybe we're not collecting all that, but, you know, let's say even collecting 97, you know, 96, 97%, not awesome but okay. And then what is our overhead? Honestly, most owners have no idea. It's hard to keep track of it without Dental Intelligence. It's honestly, it's very difficult. So that is huge to be able to just have that stat right at hand.
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