Dental Profitability Analyzer

Dental Practice Analyzer

Understanding how profitable your practice is requires more than looking at a number. Your actual value comes from a number of factors, and the best way to get a full view of dental profitability is through a dedicated analysis from Blatchford Solutions. This assessment allows our experts to see where you stand and how we can best help you become a better business without sacrificing patient quality. Get started today and improve your ROI potential.

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What Is a Dental Profitability Analyzer?

A dental profitability analyzer is a practice valuation that incorporates essential financial considerations, including patient additions, budgets, accounts receivable (AR) and more. Bringing all these aspects together helps us see the true measure of your profits and which ticket items affect them the most.

How Does a Dental Profitability Analyzer Work?

At Blatchford Solutions, it all starts with a call. In just 15 minutes, we can get an overview of your practice and understand where your pain points lie. From there, we can build a customized business plan that helps you better understand and improve how your practice operates.

What Metrics Are Used in This Analysis?

The exact metrics we use may depend on your practice, but in general, we look to these areas to discern your dental profitability:

Profit per patient
Patient acquisition costs
Patient cancellations, reschedulings and reactivations
PPO dependency
A/R days
Outstanding insurance claims
Past due accounts
Gross profits
Internal budgets

What Is a Healthy EBITDA for a Dental Practice?

Earnings before interest, taxes, depreciation and amortization (EBITDA) show you where your profits stand without consideration for any debts or payments that ultimately come out of your account. It is a good measure of how profitable your business is regardless of outside influences.

A healthy EBITDA will depend on many factors, like the size of your business and the area you serve. What may seem low for a busy city operation could be highly successful for a rural practice. Blatchford Solutions' expert analysts know this from personal experience — as dentists ourselves, we understand the complexities of your work, and when it comes to estimating your profitability, we will make sure to include all factors in our analysis and show you where you stand in relation to similar practices.

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Understanding what a good profit margin for a dental practice is and seeing how you measure up is easier than ever with Blatchford Solutions' dental profitability analyzer. Contact us and discover your path to healthier finances.