Dental practice production is the best way to measure the health of an individual dental practice.
And production trends are a good way to look at dental patient spending in general.
The Wealthy Dentist did a survey asking dentists whether their 2012 production income was up or down.
Jim Du Molin and Julie Frey discuss 2012 production ups and downs:
The survey revealed 36% of dentists saw their practice production decrease in 2012.
An Indiana dentist said, “Production has increased, but I am in a few insurance plans now. I am probably writing off more than 20%.”
However, 43% of dentists experienced some growth at their dental practices.
A Colorado Periodontist said, “Our production levels have increased through diligent use of dental marketing and a treatment coordinator.”
Improving dental practice marketing and front desk skills can really help improve production.
And if a dentist can’t maintain the financial health of their practice, they’re not going to be able to oversee the dental health of their patients.