The continual pressure to stay ahead of regulatory change, manage day-to-day office operations and stay competitive in the market can be challenging. Understanding how to use key industry metrics to evaluate your practice is essential to driving your strategy and achieving your operational and financial goals.
When you can see how your procedure mix, billing practices, new patient recruitment and fee structure stack up to your competitors, you can accurately assess how your practice is doing and where you may want to make improvements. That is why Baker Tilly conducts an annual fees and compensation survey of dental practices across Wisconsin and Minnesota.
With the information we gather, you can see how your practice compares to others in the region. You may discover that you need to reset your fees or change your billing process, or that you are setting the standard among dental practices.
Click here to download the 2020 survey report to see how your practice stacks up against others in your area.