Collection rate
Money inThe share of what you charge that actually lands in the bank.
- Formula
- Money collected ÷ money billed (net of contractual write-offs).
- Healthy
- 98% or higher
Twenty numbers your accountant might use, translated. Search or filter to find the one you need.
The share of what you charge that actually lands in the bank.
Average time between doing the work and getting paid for it.
Portion of unpaid claims and balances more than 90 days old.
How often patients say yes to the treatment you recommend.
Every non-owner dollar the practice spends to open its doors.
What you spend on everyone except the owner-dentist.
Clinical supplies burned through per dollar collected.
Outside lab work as a share of what you collect.
Rent, utilities, and building expenses per dollar collected.
Everything you spend to bring new patients in.
What the owner actually keeps after every real cost of running the place.
How many months you could keep the lights on with today's cash.
First-visit patients showing up each month at each location.
How well active patients keep coming back for hygiene.
Share of hygiene patients who leave with their next visit booked.
How much of the chair revenue depends on the owner-dentist personally.
Average dollars of dentistry produced in a single patient visit.
How hard each treatment room is working for you.
Fixed cost of keeping each treatment room open.
Share of booked visits that no-show or cancel same-day.