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Caesy ROI

July 6th, 2006 · No Comments

Gross Revenue< ?xml:namespace prefix ="" o ns ="" "urn:schemas-microsoft-com:office:office" />

$674,860

Case Acceptance

68%

Diagnosed Treatment

$992,441

 

 

Overhead %

60.5%

Overhead $

$408,290

Lab 6.7%

$45,216

Supplies 6.2%

$41,841

Net Practice Income

$179,513

 

 

Increase case acceptance 10%

68% + 6.8% = 74.8%

Diagnosed Treatment

$992,441

Acceptance %

74.8%

Gross Revenue

$742,346

Fixed Overhead does not change

$408,290

Lab 6.7%

$49,737

Supplies 6.2%

$46,025

Net Practice Income

$238,293

 

 

Increase in profit

$58,780

 

 

 
The example above shows that an office grossing $647,860 per year will increase net profit by $58,780 with a 10% increase in case acceptance.

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Tags: Administrative

A Pen That’s More Than Meets the Paper

July 6th, 2006 · No Comments

From the  - New York Times [1]

A digital pen. The device looks like a slightly plump ballpoint, and works like any ballpoint. But inside this gadget are a tiny camera and an optical sensor that record the pen’s motions as you write, and a microprocessor that digitizes the words, sketches and diagrams that the optics detect.
Read the whole article at the link above. This might be a really great device for adding to digital dental charts.

[1] http://www.nytimes.com/2006/07/02/business/yourmoney/02novel.html?ex=1309492800&en=eec286fd01e19432&ei=5090&partner=rssuserland&emc=rss

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Tags: Hardware · Just for Fun