Episode 668

Useful Forecasting in Your Practice

Host: Gary Takacs | Published Date: October 30, 2024 | Listening Time: 0:44:12

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In this episode of the Thriving Dentist Podcast, Gary explores the art of forecasting in your dental practice. If forecasting your schedule ever feels overwhelming, this episode is designed just for you.

Gary clarifies the difference between lagging data (what’s already happened) and leading data (what you can influence). Gary shares practical tips for assessing your scheduled production at the start of each month and offers effective strategies to boost hygiene appointments and reconnect with patients who are past due.

Join us to discover how to turn your forecasts into real success!

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    Timestamps

    • 00:00:28 – Introduction
    • 00:00:57 – Announcements
    • 00:02:41 – Marketing tip by Naren Arulrajah on “Grow the veneers component of your practice”

    CIA Segment

    • 00:08:08 – Useful Forecasting in Your Practice
    • 00:09:21 – The difference between leading data and lagging data
    • 00:10:41 – What is scheduled for the month on the first day
    • 00:12:19 – Importance of taking action if scheduled production is less than 75%
    • 00:13:40 – Four specific tactics to address scheduling challenges
    • 00:14:10 – Significance of being hygiene-driven

    Q&A Segment

    • 00:25:54Q1 – My Admin team often comments about not having any time to do their work. How can I help them reorganize their priorities so they are always doing the most important things?
    • 00:29:26  – Q2 – What are some things I don’t know that I don’t know that might be hurting my practice?
    • 00:37:05  – Q3 – How do I know if I have enough active patients in my practice to support my production goals?
    • 00:40:30  – Q4 – When following up on patients either in hygiene or on restorative treatment, how far back should we go?

    Resources

    Grow your practice with high-quality patients using high-quality marketing tools.

    More About EKWA Marketing!

    Thriving Dentist Coaching
    Learn how to create a thriving dental practice step by step by joining the Thriving Dentist Coaching sessions.

    More Information On Coaching!


    Gary Takacs

    Gary Takacs Gary became a successful practice owner by purchasing a fixer-upper practice and developing it into a world-class dental practice. He is passionate about sharing his hard-earned insights and experiences with dental practices across the globe.

    As a dental practice coach, Gary provides guidance for dental professionals on how to create a healthier practice style that lets them deliver excellent patient care while reducing depending on insurance.

    More importantly, Gary’s insights are not just based on theory – as a co-owner of a dental practice, he has first-hand experience in making this transformation from a high-volume and low-fee insurance model to a fee-for-service approach that is more sustainable and promotes a patient-centric and financially healthy dental practice, and he is dedicated to sharing this knowledge with other dental practitioners via the popular Thriving Dentist Show!
    Connect with Gary Takacs on Linkedin
    Podcast Assistance by Jodey Smith, Rodecaster Expert