Dental Practice Balanced Scorecard Metrics

Dentistry is an ancient concept and in present days it is adopted as a profession which has great future prospects. Dentists aim at providing quality services to their patients by providing regular dental advice and proper screening. Dental Practice Management helps in managing all the operations related to dental practice and devising ways to improve the performance. KPIs are the tools that can be used to measure and improve the overall dental practice operations.

In Dental Practice Management KPIs can be categorised in 4 major perspectives- Financial Perspective, Customer Perspective, Internal Processes Perspective and Operational Efficiency Perspective.

Financial Perspective talks about various financially quantifiable measures to judge the efficiency of dental practice operations. It comprises of KPIs like practice accounts receivable, percentage increase in operating expenses, collection percentage, average production per patient and gross production.

Customer Perspective aims at evaluating the customer perception with the help of KPIs such as number of new patients, number of hygiene measures, average appointment time and number of complaints.

Internal processes perspective includes KPIs such as cancellation percentage, average waiting time for patients, percentage of indirect treatments and clinician hours scheduled.

Operational efficiency perspective facilitates in judging the efficiency of the operations. It consists of KPIs like number of active patients, new patient conversion rate, case acceptance ratio and patient re-appointment rate.

• Download trial version of Dental Practice Measures. Dental Practice Evaluation Balanced Scorecard is distributed as an Excel file. Before purchase you can download a trial version of the scorecard. Dental Practice Evaluation Balanced Scorecard Excel file contains a dashboard (see screenshots below), help information section, Balanced Scorecard details.
• Purchase full version of Dental Practice Measures. Immediately after your order will be processed you will have a link to download Balanced Scorecard Excel file and file in Balanced Scorecard Designer format.
• Check Balanced Scorecard Toolkit for scorecard designing instructions.

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• Balanced Scorecard e-course. In this e-course you will learn more about Balanced Scorecard niche. We talk about Balanced Scorecard design and management issues.

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• Balanced Scorecard toolkit. Is a whitepaper where you will learn more about mathematics that stands behind Balanced Scorecard, you will learn basic ideas that will help to design your own scorecard, develop and implement KPI in your business processes.
• Balanced Scorecard fact sheet. The collection of business facts and statistics on Balanced Scorecard.
• Scorecard Design Software. This metric was designed with Balanced Scorecard Designer. This is a great tool for scorecards or KPI building, performance measurement and information sharing.

How to measure Medical performance with Dental Practice Scorecard for Excel

We have designed Dental Practice Balanced Scorecard in MS Excel, so now you can measure and control your performance using this popular business tool. Download trial version right now.

Why do I need these metrics?

MS Excel files that we distribute are a spreadsheets packed with metrics information and the performance calculation formulas.

It's a real-business information. We invested in research that involved experts from Medical Evaluation industry who elaborated and shared certain metrics. It's valuable, real-life experience which will help to improve the performance of your business.

• I'm sure you understand the importance of measuring and controlling business using correct metrics, so this small investment will return in a great increase in sales.

• To get a basic idea about what metrics to use. We learned a lot of business metrics and packed scorecard with the most successful.

• To have a sample excel file, which is easy to modify to fit your needs. All Excel formulas are available for copy and change.

• To start with measuring business performance. It's important to start with correct metrics, then you will be able to fulfill scorecard.

Dental Practice Evaluation Balanced Scorecard Screenshots

Metrics for Medical Estimation. This is the actual scorecard with Dental Practice Measures and performance indicators. The performance indicators include: financial perspective,practice accounts receivable,% increase in operating expenses,collection %,gross production,average production per patient,customer perspective,number of new patients,number of hygiene measures,number of customer complaints,average appointment time,internal processes perspective,cancellation %,average waiting time for patients,% of indirect treatments performed,clinician hours scheduled,operational efficiency perspective,case acceptance ratio,number of active patients,new patient conversion rate,patient re-appointment rate. Right now you can download trial version of Dental Practice Measures or purchase full version of this Balanced Scorecard.

Some Balanced Scorecard help information that explains how to interpret scorecard. What scores and weights can be changed.

Download or purchase Dental Practice Evaluation Balanced Scorecard