Total Tx Plan Presented
Today’s Date: 2024-10-18
Treatment Plan Value Presented to All Patients (Provider) in Dollars
KPI Calculation
Treatment Plan Presented
This KPI measures the total value of all treatment plans presented to patients by each provider. It can display either the cumulative value from all providers or the value from a currently selected provider.
Understanding the Calculation
To calculate the “Treatment Plan Presented” KPI, you must sum up the values of all treatment plans presented during a specific period, ensuring the following conditions are met:
- Provider-Based Allocation: Treatment plans are counted towards a provider if the plan was presented to a patient by that provider.
- Exam within 30 Days: The patient must have undergone an examination within 30 days prior to the creation of that treatment plan. This ensures the plan is relevant to the patient’s recent exam findings.
KPI Importance
Treatment Plan Presented
Understanding the Importance of the ‘Treatment Plan Presented’ KPI
The success of a dental office hinges on more than just the quality of care provided; it also depends significantly on the business metrics that guide our operational and strategic decisions. One such critical metric is the ‘Treatment Plan Presented’ KPI. Understanding and utilizing this KPI can lead to improved patient care, financial health, and overall practice efficiency.
- Patient Engagement and Care: By monitoring the total value of all treatment plans presented by each provider, we gain insights into how well we are engaging with our patients during their visits. A higher value indicates that our providers are successfully identifying and communicating necessary treatments, which is crucial for maintaining the oral health of our patients.
- Provider Performance: This KPI allows us to assess and compare the performance of individual providers within our practice. By examining the totals for each provider, we can identify areas where certain providers excel and areas that may require additional training or support.
- Financial Planning: The financial health of our practice relies on an accurate understanding of potential revenue. The ‘Treatment Plan Presented’ KPI gives us a forecast of potential income from treatments that have been proposed, helping us make informed decisions about staffing, resource allocation, and marketing efforts.
- Compliance and Timing: The requirement that a treatment plan must be allocated to a provider within 30 days of an exam ensures that our practice remains diligent in timely patient follow-up. This not only keeps us compliant with best practices but also reinforces the trust patients place in our care.
Calculated by totaling the value of all treatment plans presented per provider. This can display the sum from all providers or just a current provider selected. In order to allocate a treatment plan to a provider, there must be an exam performed on that patient within 30 days of when the treatment plan was created.
KPI Improvement
Treatment Plan Presented
Calculated by totaling the value of all treatment plans presented per provider. This can display the sum from all providers or just a current provider selected. In order to allocate a treatment plan to a provider, there must be an exam performed on that patient within 30 days of when the treatment plan was created.
How to Improve the Treatment Plan Presented KPI
Improving the “Treatment Plan Presented” KPI is vital for increasing both the quality of care provided to patients and the dental office’s revenue. Here are several strategies to enhance this KPI effectively:
- Streamline the Appointment Scheduling Process: Ensuring that exams are performed promptly is crucial since a treatment plan must be allocated within 30 days of the exam. Optimize scheduling to reduce wait times and keep the patient flow steady.
- Effective Patient Communication: Educate patients on the importance of regular exams and timely treatments. The more patients understand the benefit of prompt and thorough exams, the more likely they are to follow through with treatment plans.
- Provider Training and Incentives: Train providers to recognize the importance of conducting comprehensive exams efficiently. Implement an incentive system to reward those who excel in presenting valuable treatment plans.
- Utilize Technology: Employ software and digital tools that help track the 30-day window for allocating treatment plans. Automated reminders for providers and patients can ensure deadlines are met.
- Regular KPI Review Meetings: Hold monthly or quarterly meetings to discuss the Treatment Plan Presented KPI. Analyze what works and what doesn’t, share best practices, and celebrate successes.
Total Value of Treatment Plans Presented = Sum of All Treatment Plans Allocated to Providers (within 30 days of the patient's exam)
KPI Statistics
Treatment Plan Presented
Total treatment plan presented from 2024-01-01 to 2024-06-30:
Percentile | Value (2024) | Value (2023) |
---|---|---|
10th Percentile | $407,335.71 | $378,087.28 |
25th Percentile | $694,016.19 | $667,770.86 |
50th Percentile (Median) | $1,236,375.88 | $1,198,136.27 |
75th Percentile | $2,171,302.84 | $2,208,275.09 |
90th Percentile | $3,623,765.79 | $3,619,457.26 |
More detailed and per-month KPI statistics are available to Practice by Numbers users.
How Practice by Numbers Can Help Improve These KPIs
Practice by Numbers
Implementing the right tools and strategies is crucial for enhancing the “Treatment Plan Presented” KPI. Here’s how Practice by Numbers can assist your dental practice in optimizing this KPI:
- Dental Business Intelligence Software: Our advanced software provides real-time data and analytics to help you monitor and manage key performance indicators effectively.
- Automated Reminders: Use our digital tools to set up automated reminders for both patients and providers, ensuring timely exams and follow-up on treatment plans.
- Provider Performance Tracking: Track and compare the performance of individual providers to identify strengths and areas for improvement, fostering a culture of continuous development.
- Comprehensive Reporting: Generate detailed reports that highlight trends, successes, and opportunities for growth, enabling data-driven decision-making.
- Patient Communication Tools: Enhance patient engagement with automated communication tools that educate and remind patients about the importance of timely care.
- KPI Review and Strategy Sessions: Partner with our consulting services to conduct regular KPI review meetings, ensuring your team stays focused on goals and aligned with best practices.