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Improving Patient Care by Improving Practice Performance

Improving Patient Care by Improving Practice Performance

Improving Patient Care by Improving Practice Performance

Lance Jacob AndTim Lott
Lance Jacob AndTim Lott
on behalf of Dental Town

$36.00 $ 36.00 $ 36.00

$36.00 $ 36.00 $ 36.00

$ 36.00 $ 36.00 $ 36.00
$ 36.00 $ 36.00 $ 36.00
Normal Price: $36.00 $36.00

Review:

Launch date: 08 Mar 2017
Expiry Date:

Last updated: 08 Mar 2017

Reference: 170373

This course is no longer available

Exam is embedded in the course
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Course Availability

This course is only available to trainees days after purchase. It would need to be repurchased by the trainee if not completed in the allotted time period. This course is no longer available. You will need to repurchase if you wish to take the course again.

Description

Improving Patient Care by Improving Practice Performance is a presentation for dental providers which will help them understand how making sure their practice is running efficiently ultimately allows them to provide the best care possible to their patients. The presentation starts off by explaining the difference between production and collections and how each can be used to measure practice performance and cash flow. Expense classifications of a practice are described and the importance of properly grouping expenses for the purpose of comparing your practice to industry benchmarks is summarized. The makeup of practice overhead is explained so that there can be consistency when comparing your practice to the industry. The relationship between revenues and overhead and the analysis of each is explained so at the end of the day the dental provider can monitor the health of the practice. Finally everything is tied together with an explanation of why having a practice that is running efficiently and that is healthy from a financial standpoint lends itself to better patient care because of its effect on the dental provider.

Objectives

Objectives
Understand the difference between Gross and Net Production and Gross and Net Collections Classify expenses into categories and group expenses for the purpose of analyzing overhead Understand what expenses should be included in practice overhead Compare their practice to similar practices and analyze why their overhead may be higher or lower Understand the importance of keeping the practice financially healthy so they can focus on providing the best patient care
Lance Jacob AndTim Lott

Author Information Play Video Bio

Lance Jacob AndTim Lott
on behalf of Dental Town

Lance joined Naden/Lean, LLC in 1991. Lance provides accounting, tax, and consulting services for individuals and businesses which include dentists, other healthcare providers, retail, and equine. Lance provides start-up services to new businesses including working with banks to help obtain financing. With his equine clients, Lance works to ensure they are in compliance with the federal, state, and local taxing authorities with respect to employment, business tax and reporting issues. Lance grew up on farms with horses. He has owned horses for the last eighteen years (or could better be classified as chief stall cleaner for his wife’s horses). His home zoo consists of five horses, one dog, two cats, two sons and four goats. His wife Karen is a Para-educator for the Howard County Public School system.

Current Accreditations

This course has been certified by or provided by the following Certified Organization/s:

  • Academy of General Dentistry (PACE)
  • 1.50 Hours

Faculty and Disclosures

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