{"id":708,"date":"2015-12-02T19:25:18","date_gmt":"2015-12-02T19:25:18","guid":{"rendered":"http:\/\/blogadvancedpracticemanagement.webaloo.com\/?p=708"},"modified":"2015-12-02T19:25:18","modified_gmt":"2015-12-02T19:25:18","slug":"ppotecheconomy-survey-highlights","status":"publish","type":"post","link":"https:\/\/blog.advancedpracticemanagement.com\/blog\/ppotecheconomy-survey-highlights\/","title":{"rendered":"PPO\/Tech\/Economy Survey Highlights"},"content":{"rendered":"<h2>HIGHLIGHTS FROM OUR 2015 ECONOMY, TECHNOLOGY &amp; INSURANCE SURVEY:<\/h2>\n<h3>Metro Area:<\/h3>\n<p>More Metro practices said Production was up this year (56% vs. 40% last year). Collections were up at 53% of the practices (vs. 48%). However, only 28% of practices saw New Patients increase vs. 34% last year. 43% of Metro Area practices have or are planning to give raises to their team this year.<\/p>\n<h3>Outstate Practices:<\/h3>\n<p>62% of the practices reported that Production was up this year (vs. 46% last year) and 62% had increased Collections (vs. 48% last year). New Patients were up too (48% of the practices saw an increase in New Patients vs. 41% last year). 68% of Outstate practices have or are planning to give raises.<\/p>\n<p><strong>So all in all, the balance of the Dental Economy is on the plus side. <\/strong><\/p>\n<h3>Trends in Technology:<\/h3>\n<p>Well, we are the home of Patterson and it shows with 28% of respondents saying they have a <strong>Cerec<\/strong> machine (3% E4D).<\/p>\n<p>For the first time this year, we surveyed <strong>\u201cOnline Bill Payment\u201d<\/strong> \u2013 18% of offices now have it. Patient <strong>Registration Online<\/strong> \u2013 27% and <strong>Digital Impressions Scanner<\/strong> -11%.<\/p>\n<p><strong>56%<\/strong> of offices now claim to be chartless. 36% offer Invisalign (or like). <strong>11%<\/strong> of reporting practices said they had a<strong> Cone Beam Imager<\/strong>.<\/p>\n<p><strong>83% of practices now have Digital Radiography<\/strong> but that still leaves 17% to make the transition. This number had been stuck around 70% for a couple of years so the hold outs are finally upgrading.<\/p>\n<h3>Software:<\/h3>\n<p><strong>Eaglesoft<\/strong> continues to be the dominant player in our area with 32% of the market (vs. 30% last year). <strong>Dentrix<\/strong> is still holding its own at 21%. Softdent is holding at 18% with PEB XL Dent closing in at about 17%.<\/p>\n<p>We hear a lot of talk about <strong>Open Dental<\/strong> but it is still less than 5% of our regional market according to our survey respondents. Dentrix, Open Dental and EZ Dental (an old system surprisingly) have the highest ratings by their users.<\/p>\n<h3>PPO Participation:<\/h3>\n<p>Delta Premier (the \u201cregular\u201d Delta) participation is holding at 86%. Delta PPO has made a slight increase from 30% to 33% of reporting Doctors. Delta 216 has gone from 33% to 40%. (216 fees are better than they need to be). Health Partners is gaining providers from 43% last year to 46% this year. Premier PPOs (a collection of over 25 various dental insurances) has 42% participation of the providers reporting.<\/p>\n<p><strong>11%<\/strong> of Dentists said they <strong>dropped<\/strong> a PPO in the past year and <strong>7% are planning<\/strong> to leave one this year. <strong>9%<\/strong> have <strong>joined<\/strong> a PPO.<\/p>\n<p><strong>If you are considering joining or leaving a PPO, please get in touch with us.<\/strong> We have helped many Doctors make smart \u201cPPO Plays\u201d which can add $1,000s to the bottom line or save a loss of $1,000s.<\/p>\n<p>There is no blanket statement on this. It really is a matter of each practice\u2019s situation and too complex a subject to go into much detail here. I almost hate to say it but the average Collection percentage in our area now is about 85%. That low a percentage would have been unthinkable 15 years ago. However, if you are collecting less than 80%, chances are you are deeper into PPOs than you need to be. If you haven\u2019t given this a serious look, do!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HIGHLIGHTS FROM OUR 2015 ECONOMY, TECHNOLOGY &amp; INSURANCE SURVEY: Metro Area: More Metro practices said Production was up this year (56% vs. 40% last year). Collections were up at 53% of the practices (vs. 48%). However, only 28% of practices saw New Patients increase vs. 34% last year. 43% of Metro Area practices have or [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wds_primary_category":0,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-708","post","type-post","status-publish","format-standard","hentry","category-bulletin-articles"],"_links":{"self":[{"href":"https:\/\/blog.advancedpracticemanagement.com\/blog\/wp-json\/wp\/v2\/posts\/708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.advancedpracticemanagement.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.advancedpracticemanagement.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.advancedpracticemanagement.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.advancedpracticemanagement.com\/blog\/wp-json\/wp\/v2\/comments?post=708"}],"version-history":[{"count":0,"href":"https:\/\/blog.advancedpracticemanagement.com\/blog\/wp-json\/wp\/v2\/posts\/708\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.advancedpracticemanagement.com\/blog\/wp-json\/wp\/v2\/media?parent=708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.advancedpracticemanagement.com\/blog\/wp-json\/wp\/v2\/categories?post=708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.advancedpracticemanagement.com\/blog\/wp-json\/wp\/v2\/tags?post=708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}