Empty chairs are lost revenue. Recalls are profit.
Healthcare practices are service businesses with high fixed costs (rent, staff, equipment). You'll learn chair utilization (what % of time are chairs generating revenue?), treatment plan conversion (what % of recommended treatments do patients accept?), and patient recall rate (how many return for follow-up care?). You'll understand that a high-utilization practice with strong recall rates is far more profitable than one relying on new patient acquisition.
Article from AskBiz Academy
Article from AskBiz Academy
Article from AskBiz Academy
Article from AskBiz Academy
Article from AskBiz Academy
Article from AskBiz Academy
Article from AskBiz Academy
Follow this learning path to master dental & healthcare practice: chair utilization & recall.
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