We’re excited to introduce the Same Day Treatment KPIs, designed to help dental practices measure their efficiency in converting treatment plans into completed procedures on the same day. These KPIs provide insights into patient responsiveness and financial performance, empowering you to track and improve same-day treatment conversions.
You can access the Same Day Treatment KPIs by navigating to:
PracticeIQ > Home > Treatment Acceptance > Three dot menu >Show Detail Panel
This pathway will bring you to the detailed panel where you can view and set goals for each of these KPIs, track historical data, and gain insights into same-day treatment performance.
What Are Same Day Treatment KPIs?
These KPIs focus on the treatments that are both proposed and completed on the same day. By measuring same-day treatments, practices can assess their effectiveness in responding to patient needs and enhancing revenue. The KPIs included are:
Same Day Treatment: The dollar amount of all treatment items completed on the same day the treatment plan was created.
Same Day Treatment Patients: The number of patients who received treatment on the same day the plan was proposed.
Same Day New Patient Treatment $: Total dollar amount of treatment items completed for new patients on the same day.
Same Day New Patient Treatment Count: Count of new patients who completed treatment on the same day.
Same Day New Patient Treatment %: Percentage of new patients who completed treatment on the same day.
Same Day Emergency Patient Treatment $: Total dollar amount for emergency treatment items completed on the same day.
Same Day Emergency Patient Treatment Count: Count of emergency patients who completed treatments on the same day.
Same Day Emergency Treatment %: Percentage of emergency patients who completed treatment on the same day.
Same Day Treatment Table updated
The Same Day Treatment table has been enhanced with two new columns: New Patient and Emergency Patient. These columns help identify which patients fall under each category, allowing for more granular insights into same-day treatments provided to new and emergency patients. This update enables you to quickly view the patient names and the treatments they completed on the same day.
Calculation of Same Day Treatment KPI
The Same Day Treatment KPI is calculated by summing the dollar amounts of all treatment items completed on the same day the treatment plan is created.
Example Calculation:
Treatment A: $300
Treatment B: $150
Treatment C: $200
Total Same Day Treatment = $300 + $150 + $200 = $650
This calculation illustrates how quickly and effectively the practice can complete proposed treatments, translating into both enhanced patient care and operational efficiency.
Set Goals and View History for Same Day Treatment KPIs
To make the most of these KPIs:
Set Goals: Establish and monitor goals specific to each KPI, empowering your team to aim for specific improvements.
View History: Track the performance over time, helping you identify trends and understand how your practice’s responsiveness has evolved.
How These KPIs Benefit Your Practice
The Same Day Treatment KPIs provide actionable insights into your practice's financial efficiency and patient care responsiveness. Here’s how they help:
Track Immediate Revenue: By measuring the dollar amount of same-day treatments, these KPIs offer a clear view of how effectively proposed treatments turn into immediate revenue.
Improve Patient Satisfaction: Patients value the convenience of same-day treatments. By increasing your ability to provide timely care, you not only enhance patient satisfaction but also build loyalty.
Boost Operational Efficiency: Monitoring these KPIs can reveal patterns and areas where your practice can streamline workflows, improve scheduling, and increase overall efficiency.
Set Goals and Track Progress: You can set custom goals for each KPI to target improvements in same-day treatment conversions and align your team around key performance areas.
The Same Day Treatment KPIs equip you with data-driven insights to improve patient care and practice profitability. We look forward to seeing how these KPIs will help your practice achieve new heights in operational excellence and financial growth!
If you have questions or need help with these KPIs, please reach out to our support team. We’re here to assist you in maximizing the impact of the Same Day Treatment KPIs in your practice.