Since production is the most important metric in a dental practice, we urge every practice to establish an annual production goal prior to the beginning of a new year. It has been found that many practices are easily capable of increasing production by 30% - 50% over three years as they become more efficient, implement better systems and operations, and effectively train the team. Practices that have a goal of increasing practice production annually will remain healthy and enjoy long-term sustainability and success.
Once you’ve set your annual production goal, it is also essential to develop an understanding of production that will help to inform your decision-making and strategic planning. Start by looking at the following production ratios:
