Dental Office Management - Open Dental Daily, Weekly, Monthly Reports and Financials

What are the important reports that should be run and what are some things that I should look for to make sure everything is done properly for the financial of my dental practice?

What key indicators should I be checking daily, weekly, monthly basis for the day to day dental office management?

How do I read and understand these reports to help me take the right action for the management of my dental practice?

I'm going to share what I do in my office to make sure that I, as the owner, KNOW and UNDERSTAND the ins and outs of the financials of my dental practice.

What's in this video:

00:22 Why it's important to know and understand the ins and outs of the financials of my dental practice.

01:49 The most important things to know on a daily basis

03:27 What are the important reports that should be run to make sure everything is done properly for financial reconciliation?

04:18 Daily reports for a Dental practice - Why Today is the most important day!

05:53 Knowing how much net production is attached to the appointment on schedule and why it's important to make sure the Open Dental Treatment Plan reflects correct co-pays.

06:29 Open Dental Example of a Patient Treatment Plan and Identifying estimated insurance reimbursement and patient co-pay for the appointment

08:05 Figuring out Adjusted Net Production for the Day

09:10 Understanding how to read the Open Dental Daily Production and Income Report

12:00 Collections for your Dental Practice & Open Dental Payments Report

12:52 End of Day Reconciling - Part of daily routine in my Dental Practice

14:12 Daily Adjustments for the day

14:39 Why it's important to verify correct Dental procedures are attached to the appointment prior to generation Claims

15:53 Your Next 2 Weeks Dental Appointment Schedule and Open Dental Scheduled Production

19:54 Problem with the built in Open Dental Scheduled Production report and my solution

20:31 Weekly Reports for the Dental Practice - Outstanding Claims Report

22:26 Aging of Accounts Receivable (AR) Report

27:24 Procedures Not Billed to Insurance Report

27:58 Monthly Reports - Open Dental Net Production & Income Report

30:53 Other things I look at on Daily Basis not readily available in most Practice Management Systems

31:10 Measuring Case Acceptance Rate

34:01 Patients on Schedule Today with Balances
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