Monthly Executive Tasks

Estimated read time: 5 mins

Operations - Trends, Monthly Practice Scorecard (Use monthly video)

  • Operations Trends and Monthly Practice Scorecard are great areas to visit to reflect on your monthly performance in production, collections, adjustment, patient visits and many more. 
  • Trends allows you to see a trailing 12 months of a particular metric across your entire organization in graphical form and table form.
  •  Monthly Practice Scorecard allows you to reflect on one office’s performance in multiple key metrics over the past 12 months and offers a comparison to last year in dollar amount and percentage. 

Financials - The Financials module allows you to reflect on the month with practice-level financial trends. 

  • Click any breakdown button to take a deeper look into the details of a particular metric. 
  • Use the filter options to see production, collections, and adjustments for a particular provider, procedure code, or line of business. 
  • Identify the top performing providers for any date range for a location or your entire organization by viewing the Utilization graph.
  • And in the Daily graphs, you are able to visualize which days in the month have the most patient visits and which days are the most profitable, usually those have a strong correlation! In the Score Cards view, you can see the Top Services in the Production view and the payment mix in the Collections view.  

Waterfall - The Waterfall module allows Monthly Collections to be compared to the month the production occurred, providing a more accurate view of collections forecasting. 

  • This is the best way to analyze your collections compared to your production. 
  • Helps users understand how much an office is collecting vs. what we are producing. 
  • It shows the amount of production and how much of those dollars are then collected to give you a true collections rate month-over-month for the next 24 months. 
  • View total payments summarized in the column on the right-hand side of the screen, while net production is on the left-hand side of the screen.
  • Users can better predict the roller coaster of ebbs and flows for collections and what that looks like. Currently, this module is not supported with Dentrix Core, Cloud 9, AbleDent, Power Practice and Focus Ortho practice management systems.