Emergency Tx Plan Presented
Today’s Date: October 18, 2024
Treatment Plan Value Presented to Emergency Patients in Dollars
The Treatment Plan Value Presented to Emergency Patients in Dollars is a key performance indicator (KPI) for dental practices. It is calculated by totaling the value of all treatment plans presented to patients who had an emergency or limited exam. This KPI includes both new and current patients having such exams and is calculated per provider within a specific time frame.
KPI Statistics for 2024-01-01 to 2024-06-30
Percentile | 2024 | 2023 |
---|---|---|
10th | $20,592.77 | $16,891.37 |
25th | $53,781.57 | $48,255.68 |
50th | $120,654.00 | $121,015.91 |
75th | $251,520.59 | $253,737.46 |
90th | $475,938.07 | $482,698.97 |
More detailed and per month KPI statistics are available to Practice by Numbers users.
KPI Calculation
This KPI measures the financial value of treatment plans presented to patients who have had an emergency or limited exam. It covers both new and existing patients who have undergone these specific types of exams.
- Identify all patients who had an emergency or limited exam (Default code: D0140) within the last 30 days.
- For these patients, collect all treatment plans that were presented within this 30-day period.
- Add the financial values of these treatment plans to get a total.
The sum from Step 3 represents the total value of treatment plans presented in emergency situations for that particular provider.
KPI Importance
Tracking the ‘Treatment Plan Presented (Emergency)’ KPI is crucial for several reasons:
- Understanding Patient Needs: It provides insight into the frequency and value of treatment plans presented to patients in urgent situations, helping you understand patient needs.
- Provider Performance: This KPI helps in assessing each dental professional’s efficiency in handling emergency cases, aiding in performance evaluations.
- Financial Planning: It assists in financial forecasting and budgeting by identifying revenue opportunities from emergency treatments.
- Operational Efficiency: Highlights how effectively the practice responds to patient emergencies, suggesting areas for improvement in scheduling and patient care protocols.
- Patient Retention: Contributes to higher patient satisfaction and retention by providing prompt and effective treatments during emergencies.
KPI Improvement
Enhancing the Treatment Plan Presented Emergency KPI in your dental practice can be achieved through the following strategies:
- Optimize Patient Communication: Ensure patients understand the importance and benefits of the proposed treatment plans.
- Streamline the Exam Process: Schedule emergency or limited exams promptly and ensure they are thorough.
- Train Providers: Regularly train your team on the latest techniques and best practices for creating effective treatment plans during emergency exams.
- Review and Update Codes: Periodically review the emergency exam codes to ensure they accurately reflect the types of exams and treatments being performed.
How Practice by Numbers Can Help Improve These KPIs
Practice by Numbers offers comprehensive dental business intelligence software that can help your practice monitor, analyze, and improve critical KPIs such as the Treatment Plan Presented Emergency KPI. Here’s how:
- Real-Time Analytics: Get real-time insights into how your dental practice is performing, making it easier to identify areas of improvement promptly.
- Customizable Dashboards: Tailor your dashboards to focus on the KPIs that matter most, providing a quick overview of performance metrics at a glance.
- Automated Reporting: Generate detailed reports with minimal effort, helping you track performance trends over time and make data-driven decisions.
- Provider Performance Tracking: Monitor individual provider performance to ensure that each team member is meeting their targets, aiding in performance reviews and training needs assessments.
- Financial Forecasting: Use data to forecast revenue and budget more effectively, ensuring that your practice is financially prepared for the future.
- Patient Communication Tools: Improve patient communication with automated reminders and follow-ups, increasing treatment plan acceptance rates.
By leveraging Practice by Numbers’ dental practice management solutions, your practice can enhance efficiency, improve patient care, and drive growth.