Check out our slideshare that features details on how simple changes can help make your dental practice more profitable from the Healthcare Solutions team at Community Banks of Colorado.
Shaunna Smith is seeking a position as an office manager where she can utilize her extensive office management experience. She has over 10 years of experience in medical offices and facilities as both an office manager and medical assistant. She has advanced computer and customer service skills as well as excellent organizational abilities. Her objective is to obtain a position where she can contribute to an office with her strong work ethic and diverse skill set.
Julia Giordano has over 15 years of experience in bookkeeping, office administration, massage therapy, and health education. She currently works as a bookkeeper and personal assistant, where she tracks finances, prepares reports, and assists the CEO. Previously, she has held roles as a lymphatic drainage massage therapist, general massage therapist, detoxification program coordinator, senior collector, and contract specialist. She has extensive training and certifications in various healing modalities, massage therapy, accounting, and customer service. In her free time, she volunteers domestically and internationally on projects related to food, clothing, and disaster relief.
Este documento presenta una unidad de aprendizaje sobre cuidado de la salud y el medio ambiente. La unidad busca fomentar en los niños hábitos de cuidado personal para prevenir enfermedades y conciencia ambiental. Abordará estas temáticas de manera transversal en diferentes áreas como ciencias naturales, matemáticas e idioma, evaluando capacidades como reconocimiento de partes del cuerpo, limpieza del entorno, uso de números y comprensión oral.
Flyer describing our upcoming volunteer meet and greet event that will be held at our local senior citizens center on 1/25/16. Staff and current volunteers will be on hand to answer questions.
My family plans involve visiting them frequently if living nearby, or staying in contact through letters, phone calls and visits if living apart. I enjoy traveling with my family and want to visit more countries in Africa, Asia and Latin America to experience different cultures.
For work, I aim to graduate with a psychology degree and work in an office or tutor children in elementary school, as I am interested in working with and understanding children.
Regarding health, my goal is to stay healthy and active while spending time with family.
For holidays, I plan to take vacations outside the country with my family and husband, visiting places like Africa, America and Paris to enjoy accomplishments from work alongside family in natural, healthy settings
The document discusses TTSL's enterprise business and strategies to optimize assets and generate revenue. It notes that the enterprise segment accounts for 30% of TTSL's revenue and has 2,000 employees and 1,600 channel partners serving 60 cities. Various projects are described to upgrade building infrastructure from red to green to blue, increasing utilization of network elements and reducing costs. Opportunities for additional revenue through upgrading existing customers and cross-selling products are also discussed.
El TDAH es un trastorno que causa dificultades significativas de aprendizaje y adaptación familiar, escolar y social, manifestado por síntomas como distracción fácil, movimiento constante, mala organización de deberes escolares, errores en tareas, no completar tareas en casa, no esperar turnos para jugar e interrumpir a otros.
Shaunna Smith is seeking a position as an office manager where she can utilize her extensive office management experience. She has over 10 years of experience in medical offices and facilities as both an office manager and medical assistant. She has advanced computer and customer service skills as well as excellent organizational abilities. Her objective is to obtain a position where she can contribute to an office with her strong work ethic and diverse skill set.
Julia Giordano has over 15 years of experience in bookkeeping, office administration, massage therapy, and health education. She currently works as a bookkeeper and personal assistant, where she tracks finances, prepares reports, and assists the CEO. Previously, she has held roles as a lymphatic drainage massage therapist, general massage therapist, detoxification program coordinator, senior collector, and contract specialist. She has extensive training and certifications in various healing modalities, massage therapy, accounting, and customer service. In her free time, she volunteers domestically and internationally on projects related to food, clothing, and disaster relief.
Este documento presenta una unidad de aprendizaje sobre cuidado de la salud y el medio ambiente. La unidad busca fomentar en los niños hábitos de cuidado personal para prevenir enfermedades y conciencia ambiental. Abordará estas temáticas de manera transversal en diferentes áreas como ciencias naturales, matemáticas e idioma, evaluando capacidades como reconocimiento de partes del cuerpo, limpieza del entorno, uso de números y comprensión oral.
Flyer describing our upcoming volunteer meet and greet event that will be held at our local senior citizens center on 1/25/16. Staff and current volunteers will be on hand to answer questions.
My family plans involve visiting them frequently if living nearby, or staying in contact through letters, phone calls and visits if living apart. I enjoy traveling with my family and want to visit more countries in Africa, Asia and Latin America to experience different cultures.
For work, I aim to graduate with a psychology degree and work in an office or tutor children in elementary school, as I am interested in working with and understanding children.
Regarding health, my goal is to stay healthy and active while spending time with family.
For holidays, I plan to take vacations outside the country with my family and husband, visiting places like Africa, America and Paris to enjoy accomplishments from work alongside family in natural, healthy settings
The document discusses TTSL's enterprise business and strategies to optimize assets and generate revenue. It notes that the enterprise segment accounts for 30% of TTSL's revenue and has 2,000 employees and 1,600 channel partners serving 60 cities. Various projects are described to upgrade building infrastructure from red to green to blue, increasing utilization of network elements and reducing costs. Opportunities for additional revenue through upgrading existing customers and cross-selling products are also discussed.
El TDAH es un trastorno que causa dificultades significativas de aprendizaje y adaptación familiar, escolar y social, manifestado por síntomas como distracción fácil, movimiento constante, mala organización de deberes escolares, errores en tareas, no completar tareas en casa, no esperar turnos para jugar e interrumpir a otros.
Actividades realizadas durante el 3 bimestreOmar Biologia
El documento resume las actividades realizadas durante el tercer bimestre en la clase de Ciencias I con énfasis en Biología. Los estudiantes trabajaron en equipos para preparar y presentar exposiciones usando diferentes estrategias de trabajo. También difundieron información a la comunidad escolar, elaboraron maquetas, y tuvieron momentos memorables.
Este documento describe las variedades de plátano que se cultivan en la región, incluyendo sus características, así como información sobre suelos, clima, siembra y prácticas culturales para el cultivo del plátano. Se detallan variedades como Gros Michel, Cavendish, plátano enano y plátano macho, y sus características. También cubre temas como distancias de siembra, preparación del terreno, riego y drenaje, deshojado y deshijado. El objetivo es proporcionar una guía sobre
Actividades realizadas durante el 4 bimestreOmar Biologia
La pandemia de COVID-19 ha tenido un impacto significativo en la economía mundial. Muchos países experimentaron fuertes caídas en el PIB y aumentos en el desempleo debido a los cierres generalizados y las restricciones a los viajes. Aunque las vacunas ofrecen esperanza de una recuperación económica en 2021, el panorama a corto plazo sigue siendo incierto dado el resurgimiento de casos en algunas partes del mundo.
Как разработать тест, чтобы он работал
Содержание темы 1
Методика составления тестовых заданий.
Основные этапы и рекомендации.
Дистракторы.
Основные правила составления дистракторов.
Виды тестовых заданий.
Закрытые задания. Открытые задания. Задания на соответствие. Здания на установление последовательности. Задания на вставку символа или числового значения.
Este documento presenta información sobre la biodiversidad y la teoría de la evolución de Darwin. Explica los conceptos de biodiversidad específica, genética y ecológica. Resume las ideas clave de Darwin sobre la selección natural y la evolución gradual de las especies. También cubre teorías posteriores como la teoría sintética y la teoría de los equilibrios interrumpidos.
El documento presenta el material digital que fundamenta un seminario sobre análisis del discurso dictado en un doctorado. El material se estructura en cinco secciones: diccionarios, metodología de investigación, epistemología, análisis del discurso y otros materiales. Cada sección incluye una lista de libros y artículos sobre esos temas que conforman los contenidos del curso.
Este documento proporciona una lista y breve descripción de los principales grupos de animales invertebrados y vertebrados que viven en los arrecifes, incluyendo esponjas, cnidarios, moluscos, anélidos, artrópodos y más. Describe las características distintivas de cada grupo y algunos ejemplos comunes como medusas, corales, caracoles, cangrejos e incluso peces, reptiles y mamíferos que habitan los arrecifes.
3º ESO FUNCIÓN DE RELACIÓN UD 5 POWERPOINTbeabio75
El documento describe los sistemas nervioso y endocrino. El sistema nervioso se compone del sistema nervioso central (encéfalo y médula espinal) y el sistema nervioso periférico (nervios craneales y espinales). El sistema nervioso central procesa la información de los estímulos a través de las neuronas y genera respuestas. El sistema endocrino regula funciones a través de hormonas secretadas por glándulas como la hipófisis, tiroides, páncreas y glándulas suprarrenales.
La respiración tiene cuatro fases: la inspiración donde se toma aire a los pulmones, el intercambio de gases donde el oxígeno pasa a la sangre y el dióxido de carbono sale, la espiración donde se expulsa el aire de los pulmones, y el transporte de oxígeno a las células a través de la sangre. La respiración es vital para que cada célula obtenga el oxígeno necesario para producir energía a través de la alimentación.
The document provides information on BKP Medical Alliance's proposal to physicians and private practitioners. BKP Medical Alliance aims to create medical facilities and provide business services to reduce costs and administrative burdens for private practices. This includes building medical office buildings with centralized services like reception, billing, HR, and IT support shared between tenants. It is proposed that these shared services can significantly reduce private practice overhead and allow physicians to focus on patient care rather than business management. Specific cost savings examples are provided comparing private practice operating costs to the estimated costs using BKP Medical Alliance's services.
HIMSS - Optimize Your Patient Portal for Patient EngagementBret Wagner
The document discusses how to optimize a patient portal to grow revenue, capture savings, and enhance patient engagement. It provides tips for establishing a framework driven by business and patient needs, quantifying opportunities by asking the right questions, addressing common portal shortcomings, and collecting patient reported outcomes. The document discusses strategies for increasing revenue, capturing savings through reduced no-shows and more efficient communication, and engaging patients at different activation levels including messaging, telehealth and collecting health data from patients.
In this webinar slide deck, we review tips and best practices to improve your patient payment collections. This includes details on patient statement configuration and online bill payment options.
This document discusses strategies for healthcare practices to improve financial viability through increased transparency and improved front-end collection methods. It recommends defining costs and billing upfront to set clear patient expectations. Practices should invest in tools to check insurance benefits and eligibility in real-time. Staff should be trained to educate patients on their financial responsibilities. Providing cost transparency builds trust with patients and increases referrals through positive word-of-mouth. Overall, transparency can lead to higher profitability through reduced bad debt and improved revenue cycle management.
Omni-Med offers the Option-Pay program to provide patient financing for elective medical care. The program requires no setup costs, equipment, or credit checks. It aims to increase case acceptance by offering financing to more patients. The program allows practices to set financing terms and control the process. It offers high approval ratios, enhanced reporting, and the ability to monitor accounts online. The document addresses common challenges practices face with patient financing and insurance gaps. It presents the Option-Pay program as a solution to increase revenue by expanding access to care.
This document discusses the important role of agents and brokers in selecting health plans and ensuring successful employee enrollment. It notes that 90% of employers rely on brokers for health insurance assistance. While 90% of employers shopped for different plans, most made no change, showing the influence of brokers. The document also outlines strategies brokers can take to educate clients and employees about new types of plans like consumer-driven health plans. This includes becoming more strategic advisors focused on utilization reduction and engagement. Finally, it emphasizes that agents who become experts in consumer-driven health plans will be very successful in the market.
The document discusses how parent portals can improve productivity for therapists, clinics, and parents. It outlines specific ways that parent portals allow for more efficient scheduling, approval of treatment plans, communication of announcements, and completion of forms. Using parent portals can result in tangible cost savings from reduced administrative time and improved engagement among employees and parents. While some benefits are difficult to quantify, overall parent portals enhance the client experience and promote retention.
Actividades realizadas durante el 3 bimestreOmar Biologia
El documento resume las actividades realizadas durante el tercer bimestre en la clase de Ciencias I con énfasis en Biología. Los estudiantes trabajaron en equipos para preparar y presentar exposiciones usando diferentes estrategias de trabajo. También difundieron información a la comunidad escolar, elaboraron maquetas, y tuvieron momentos memorables.
Este documento describe las variedades de plátano que se cultivan en la región, incluyendo sus características, así como información sobre suelos, clima, siembra y prácticas culturales para el cultivo del plátano. Se detallan variedades como Gros Michel, Cavendish, plátano enano y plátano macho, y sus características. También cubre temas como distancias de siembra, preparación del terreno, riego y drenaje, deshojado y deshijado. El objetivo es proporcionar una guía sobre
Actividades realizadas durante el 4 bimestreOmar Biologia
La pandemia de COVID-19 ha tenido un impacto significativo en la economía mundial. Muchos países experimentaron fuertes caídas en el PIB y aumentos en el desempleo debido a los cierres generalizados y las restricciones a los viajes. Aunque las vacunas ofrecen esperanza de una recuperación económica en 2021, el panorama a corto plazo sigue siendo incierto dado el resurgimiento de casos en algunas partes del mundo.
Как разработать тест, чтобы он работал
Содержание темы 1
Методика составления тестовых заданий.
Основные этапы и рекомендации.
Дистракторы.
Основные правила составления дистракторов.
Виды тестовых заданий.
Закрытые задания. Открытые задания. Задания на соответствие. Здания на установление последовательности. Задания на вставку символа или числового значения.
Este documento presenta información sobre la biodiversidad y la teoría de la evolución de Darwin. Explica los conceptos de biodiversidad específica, genética y ecológica. Resume las ideas clave de Darwin sobre la selección natural y la evolución gradual de las especies. También cubre teorías posteriores como la teoría sintética y la teoría de los equilibrios interrumpidos.
El documento presenta el material digital que fundamenta un seminario sobre análisis del discurso dictado en un doctorado. El material se estructura en cinco secciones: diccionarios, metodología de investigación, epistemología, análisis del discurso y otros materiales. Cada sección incluye una lista de libros y artículos sobre esos temas que conforman los contenidos del curso.
Este documento proporciona una lista y breve descripción de los principales grupos de animales invertebrados y vertebrados que viven en los arrecifes, incluyendo esponjas, cnidarios, moluscos, anélidos, artrópodos y más. Describe las características distintivas de cada grupo y algunos ejemplos comunes como medusas, corales, caracoles, cangrejos e incluso peces, reptiles y mamíferos que habitan los arrecifes.
3º ESO FUNCIÓN DE RELACIÓN UD 5 POWERPOINTbeabio75
El documento describe los sistemas nervioso y endocrino. El sistema nervioso se compone del sistema nervioso central (encéfalo y médula espinal) y el sistema nervioso periférico (nervios craneales y espinales). El sistema nervioso central procesa la información de los estímulos a través de las neuronas y genera respuestas. El sistema endocrino regula funciones a través de hormonas secretadas por glándulas como la hipófisis, tiroides, páncreas y glándulas suprarrenales.
La respiración tiene cuatro fases: la inspiración donde se toma aire a los pulmones, el intercambio de gases donde el oxígeno pasa a la sangre y el dióxido de carbono sale, la espiración donde se expulsa el aire de los pulmones, y el transporte de oxígeno a las células a través de la sangre. La respiración es vital para que cada célula obtenga el oxígeno necesario para producir energía a través de la alimentación.
The document provides information on BKP Medical Alliance's proposal to physicians and private practitioners. BKP Medical Alliance aims to create medical facilities and provide business services to reduce costs and administrative burdens for private practices. This includes building medical office buildings with centralized services like reception, billing, HR, and IT support shared between tenants. It is proposed that these shared services can significantly reduce private practice overhead and allow physicians to focus on patient care rather than business management. Specific cost savings examples are provided comparing private practice operating costs to the estimated costs using BKP Medical Alliance's services.
HIMSS - Optimize Your Patient Portal for Patient EngagementBret Wagner
The document discusses how to optimize a patient portal to grow revenue, capture savings, and enhance patient engagement. It provides tips for establishing a framework driven by business and patient needs, quantifying opportunities by asking the right questions, addressing common portal shortcomings, and collecting patient reported outcomes. The document discusses strategies for increasing revenue, capturing savings through reduced no-shows and more efficient communication, and engaging patients at different activation levels including messaging, telehealth and collecting health data from patients.
In this webinar slide deck, we review tips and best practices to improve your patient payment collections. This includes details on patient statement configuration and online bill payment options.
This document discusses strategies for healthcare practices to improve financial viability through increased transparency and improved front-end collection methods. It recommends defining costs and billing upfront to set clear patient expectations. Practices should invest in tools to check insurance benefits and eligibility in real-time. Staff should be trained to educate patients on their financial responsibilities. Providing cost transparency builds trust with patients and increases referrals through positive word-of-mouth. Overall, transparency can lead to higher profitability through reduced bad debt and improved revenue cycle management.
Omni-Med offers the Option-Pay program to provide patient financing for elective medical care. The program requires no setup costs, equipment, or credit checks. It aims to increase case acceptance by offering financing to more patients. The program allows practices to set financing terms and control the process. It offers high approval ratios, enhanced reporting, and the ability to monitor accounts online. The document addresses common challenges practices face with patient financing and insurance gaps. It presents the Option-Pay program as a solution to increase revenue by expanding access to care.
This document discusses the important role of agents and brokers in selecting health plans and ensuring successful employee enrollment. It notes that 90% of employers rely on brokers for health insurance assistance. While 90% of employers shopped for different plans, most made no change, showing the influence of brokers. The document also outlines strategies brokers can take to educate clients and employees about new types of plans like consumer-driven health plans. This includes becoming more strategic advisors focused on utilization reduction and engagement. Finally, it emphasizes that agents who become experts in consumer-driven health plans will be very successful in the market.
The document discusses how parent portals can improve productivity for therapists, clinics, and parents. It outlines specific ways that parent portals allow for more efficient scheduling, approval of treatment plans, communication of announcements, and completion of forms. Using parent portals can result in tangible cost savings from reduced administrative time and improved engagement among employees and parents. While some benefits are difficult to quantify, overall parent portals enhance the client experience and promote retention.
This webinar presentation discussed using Lean healthcare methodologies to improve the patient experience. It began with housekeeping items about the webinar format and then provided information about the speakers' backgrounds working with major healthcare institutions. The presentation objectives were to understand the difference between emotional and functional needs, learn some Lean techniques that can be used in clinics, and identify tools for future efficiency projects. Various Lean concepts and methods were then explained like process mapping, identifying waste, and creating ideal patient flows. An example was provided of how these techniques were used to improve wait times in a thoracic surgery clinic by changing a physician's schedule and adding a floating physician role. The results were improved on-time performance and higher patient satisfaction scores.
The document provides 10 ways to reduce patient statement volume and costs, including segmenting patients and tailoring statements, reducing unnecessary information on statements, encouraging earlier payments, optimizing address data and return mail, providing multiple payment options including online payments without logging in, and collecting payments at the point of service. It stresses applying analytics to statements to understand which methods are most effective.
The document provides 10 ways to reduce patient statement volume and costs, including segmenting patients and tailoring statements, reducing unnecessary information on statements, encouraging earlier payments, optimizing address data and return mail processes, providing multiple channels for payment notifications, making e-statements easy to opt into, allowing online payments without logins, providing statement access through patient portals, collecting payments at the point of service, and applying analytics to understand which methods are most effective.
This document provides information about the creative team of Kaiser Permanente. It discusses the three main categories of work produced: promotional, informational, and strategic. For each category, it describes the purpose, concepts created, and creative process involved. The goal of all the work is to support Kaiser Permanente's mission of improving health and service.
ADPM Article - So you're thinking of buying a dental practice...Julie Parker
This document provides advice and considerations for dentists looking to purchase an existing dental practice. It outlines both the positives and negatives of owning a dental practice, and provides a detailed guide on evaluating potential practices. Key areas to examine include practice location, financial records, services offered, marketing, equipment, staff, and premises. Conducting thorough due diligence on these factors can help ensure a newly purchased practice has the foundations for success. The author recommends buying an established practice with a proven income track record to improve chances of success over starting a practice from scratch.
“Surviving the Changing World of Patient Collections”PYA, P.C.
Many factors brought on by healthcare reform are affecting patient collections—new health exchange plans, newly insured individuals, more high-deductible plans, increased patient co-insurance responsibilities, and higher co-pays. Medical practices and their staff must become more diligent in patient collections to maintain healthy bottom lines. PYA Consulting Principal Lori Foley recently presented “Surviving the Changing World of Patient Collections” during the Business of Medicine Program at Kennesaw State University.
Revenue Cycle Management in healthcare encompasses the entire administrative process involved in getting paid for the services you provide to your patients. The process begins when a patient first calls to schedule an appointment and ends when all fees have been collected and verified.
Medical billing is becoming increasingly more complex. It is only going to get more difficult as new codes are added and more detailed patient information is required to be submitted with the claim. Add to that, physicians and other service providers are required by various insurers to provide details not previously necessary.
One small error can result in the claim not being paid promptly, completely or possibly even being denied.
Learn from Ethan Chazin business coach and growth strategist how to implement a new customer on-boarding program that creates maximum happiness and lifetime value.
The document discusses how customer service impacts the bottom line for healthcare practices. It notes that practices with good customer service are less likely to be sued, even if treatment outcomes are not favorable. The document outlines some common customer service issues healthcare practices face, including long wait times, rude staff, and unkempt offices. It emphasizes the importance of scheduling patients efficiently, training staff to be attentive and polite, and soliciting patient feedback. The document estimates that the lifetime value of a patient could be over $100,000, so retaining patients through good customer service is important. However, disruptive patients may need to be terminated carefully to avoid legal issues like abandonment. The presentation then introduces Kareo's role in helping practices
This document discusses how customer service impacts the bottom line for healthcare practices. It begins with an introduction and schedule for the presentation. It then discusses how customer service has traditionally been non-existent in healthcare, except for certain specialties. Poor customer service can result in longer wait times, rude staff, an unkempt practice environment, and poor administrative follow-up. However, practices with great customer service are less likely to be sued. The presentation provides tips for improving customer service and reducing wait times. It emphasizes the financial value patients provide to a practice over their lifetime and stresses the importance of patient retention through strong customer service. Finally, it introduces Kareo's role in helping practices improve customer, scheduling, and billing functions.
Similar to 10 Steps to Improved Profitability for your Dental Practice. (20)
KYC Compliance: A Cornerstone of Global Crypto Regulatory FrameworksAny kyc Account
This presentation explores the pivotal role of KYC compliance in shaping and enforcing global regulations within the dynamic landscape of cryptocurrencies. Dive into the intricate connection between KYC practices and the evolving legal frameworks governing the crypto industry.
Budgeting as a Control Tool in Government Accounting in Nigeria
Being a Paper Presented at the Nigerian Maritime Administration and Safety Agency (NIMASA) Budget Office Staff at Sojourner Hotel, GRA, Ikeja Lagos on Saturday 8th June, 2024.
Introduction to Metro in India by cosmo soil.pptxcosmo-soil
The metro system in India is a vital part of urban mobility, providing eco-friendly, efficient, and affordable transportation. This article explores its history, benefits, and future developments, highlighting how metros enhance quality of life and drive urban development.
5 Compelling Reasons to Invest in Cryptocurrency NowDaniel
In recent years, cryptocurrencies have emerged as more than just a niche fascination; they have become a transformative force in global finance and technology. Initially propelled by the enigmatic Bitcoin, cryptocurrencies have evolved into a diverse ecosystem of digital assets with the potential to reshape how we perceive and interact with money.
Vadhavan Port Development _ What to Expect In and Beyond (1).pdfjohnson100mee
The Vadhavan Port Development is poised to be one of the most significant infrastructure projects in India's maritime history. This deep-sea port, located in Maharashtra, promises to transform the region's economic landscape, bolster India's trade capabilities, and generate a plethora of employment opportunities. In this blog, we will delve into the various facets of the Vadhavan Port Development: what to expect in and beyond its completion, and how it stands to influence the future of India's maritime and economic sectors.
CRYPTOCURRENCY REVOLUTIONIZING THE FINANCIAL LANDSCAPE AND SHAPING THE FUTURE...itsfaizankhan091
Cryptocurrency, a digital or virtual form of currency that uses cryptography for security, has revolutionized the financial landscape. Originating with Bitcoin's inception in 2009 by the pseudonymous Satoshi Nakamoto, cryptocurrencies have grown from niche curiosities to mainstream financial instruments, reshaping how we think about money, transactions, and the global economy.
The birth of Bitcoin marked the beginning of the cryptocurrency era. Unlike traditional currencies issued by governments and controlled by central banks, Bitcoin operates on a decentralized network using blockchain technology. This technology ensures transparency, security, and immutability of transactions, fundamentally challenging the centralized financial systems that have dominated for centuries.
Bitcoin was conceived as a peer-to-peer electronic cash system, aimed at providing an alternative to the traditional banking system plagued by inefficiencies, high fees, and lack of transparency. The underlying blockchain technology, a distributed ledger maintained by a network of nodes, ensures that every transaction is recorded and cannot be altered, thus providing a secure and transparent financial system.
June 20, 2024
CRYPTOCURRENCY: REVOLUTIONIZING THE FINANCIAL LANDSCAPE AND SHAPING THE FUTURE
Cryptocurrency: Revolutionizing the Financial Landscape and Shaping the Future
Cryptocurrency, a digital or virtual form of currency that uses cryptography for security, has revolutionized the financial landscape. Originating with Bitcoin's inception in 2009 by the pseudonymous Satoshi Nakamoto, cryptocurrencies have grown from niche curiosities to mainstream financial instruments, reshaping how we think about money, transactions, and the global economy.
#### The Genesis of Cryptocurrency
The birth of Bitcoin marked the beginning of the cryptocurrency era. Unlike traditional currencies issued by governments and controlled by central banks, Bitcoin operates on a decentralized network using blockchain technology. This technology ensures transparency, security, and immutability of transactions, fundamentally challenging the centralized financial systems that have dominated for centuries.
Bitcoin was conceived as a peer-to-peer electronic cash system, aimed at providing an alternative to the traditional banking system plagued by inefficiencies, high fees, and lack of transparency. The underlying blockchain technology, a distributed ledger maintained by a network of nodes, ensures that every transaction is recorded and cannot be altered, thus providing a secure and transparent financial system.
#### The Proliferation of Altcoins
Following Bitcoin's success, thousands of alternative cryptocurrencies, or altcoins, have emerged. Each of these altcoins aims to improve upon Bitcoin or serve specific purposes within the digital economy. Notable examples include Ethereum, which introduced smart contracts – self-executing contracts with the terms of the agreement
PFMS, India's Public Financial Management System, revolutionizes fund tracking and distribution, ensuring transparency and efficiency. It enables real-time monitoring, direct benefit transfers, and comprehensive reporting, significantly improving financial management and reducing fraud across government schemes.
Application Of mathematics in Finance- Time Value of Money
10 Steps to Improved Profitability for your Dental Practice.
1. 10 STEPS TO IMPROVED
FROM THE HEALTHCARE SOLUTIONS TEAM AT
PROFITABILITY
2. 1 IMPROVE YOUR SCHEDULING
THE NUMBER ONE WAY TO IMPROVE
YOUR PROFITABILITY IS TO IMPROVE
YOUR SCHEDULING EFFICIENCY!
• Have a daily production goal
• Schedule to that production goal
• Determine the best time of day for most
productive procedures
• Delegate! Improve production by
understanding doctor’s time vs assistant’s time
MY TARGET: $2,500/DAY
($2,000 CLINICAL TEAM, $500 HYGENIST)
DAILY SCHEDULE
7:00
7:15
7:30
7:45
8:00
8:15
8:30
8:45
9:00
9:15
9:30
9:45
10:00
10:15
10:30
10:45
11:00
11:15
11:30
11:45
12:00
12:15
12:30
12:45
1:00
1:15
1:30
1:45
2:00
2:15
2:30
2:45
3:00
3:15
3:30
3:45
4:00
4:15
4:30
4:45
5:00
= PRODUCTIVE TIME = APPOINTMENT
= ASSISTANT
CLEANING
= DENTIST
CLEANING
CLEANING
CLEANING
CLEANING
CLEANING
CLEANING
CLEANING
CLEANING
CLEANING
CLEANING
CLEANING
CLEANING
CLEANING
CLEANING
1 HOUR APPOINTMENT
3. 1 IMPROVE YOUR SCHEDULING
• Have a great scheduling tool
• Start your day with a 10-minute morning huddle:
• Review yesterday (how’d we do)
• Today (what’s on tap and what’s our target)—
majority of discussion time
• Tomorrow (what’s coming up)
TIME TO UPGRADE TO NEW PRACTICE
SOFTWARE? TALK TO US ABOUT A LINE
OF CREDIT TO GET THAT PURCHASE
COMPLETED SOONER!
4. 2 IMPROVE YOUR EQUIPMENT
INVESTING IN NEW
TECHNOLOGY CAN
MAKE CURRENT
PROCEDURES MORE
EFFICIENT AND
CAN ALLOW YOU
TO INTRODUCE
NEW, PROFITABLE
PROCEDURES TO
YOUR PRACTICE.
COMMUNITY BANKS OF COLORADO
OFFERS LOANS SPECIFICALLY FOR
DENTISTS SEEKING NEW EQUIPMENT
AND TECHNOLOGY.*
WITHCOMPETITIVEFIXED-RATETERMSUP
TOTENYEARS,DENTISTSCANGET100%
FINANCINGPLUS20%FORSOFTCOSTS
INCURREDFORINSTALLATIONANDSHIPPING.
5. KEY QUESTIONS TO CONSIDER
• How will this new equipment improve my efficiency?
• How will this new equipment improve my patient care?
• What kind of training will my staff and I need to master this equipment?
• What slowdown, if any, will my practice see while we get up-to-speed on
this new equipment?
• How will this equipment affect my marketing to prospective patients?
• How long will it take for this new investment to pay off in improved efficiency
or higher billable rates?
2 IMPROVE YOUR EQUIPMENT
6. 3 IMPROVE PATIENT COMMUNICATION
HAVING A COMPREHENSIVE
COMMUNICATION PLAN FOR
PATIENTS CAN HELP CUT DOWN
ON NO-SHOWS AND BETTER
EDUCATE PATIENTS ON
WHAT TO EXPECT AT
THEIR APPOINTMENT.
7. 3 IMPROVE PATIENT COMMUNICATION
• Postcard reminders of appointments
• Emails with appointment details (date & time,
duration, parking, quick summary of procedure,
steps for rescheduling)
• Phone call reminders
• Streamlined checkouts (handle insurance
and collections)
• Regular eNewsletters with practice updates
PATIENT CHECKLIST
NAME
APPOINTMENT DATE
2 WEEK REMINDER: APPOINTMENT POSTCARD
1 WEEK REMINDER: EMAIL
1 DAY REMINDER: PHONE
CHECK-IN. ISSUES:
APPOINTMENT OVERVIEW (ASSISTANT)
APPOINTMENT RECAP (DENTIST)
CHECKOUT - INSURANCE
CHECKOUT - COLLECTIONS (CO-PAY)
SCHEDULE FOLLOW-UP
SCHEDULE NEXT APPOINTMENT (APPOINTMENT CARD)
SIGNED UP FOR NEWSLETTER? YES NO
8. 4 ADDITIONAL STAFF TRAINING
MORE LEARNING CAN LEAD TO
MORE EARNING!
Training your staff on your new equipment can
improve its efficiency. Brush-up sessions on existing
equipment can help save time and teaching new
skills allows you to delegate.
• Have a new staff training program (everyone does
procedures the same and profitable way)
• Offer brush-up clinics quarterly
• Host new equipment training sessions
• Have associate training plans: add one new skill
each year
ASSOCIATE TRAINING PLAN
ASSOCIATE
ANNUAL UP-TRAINING
NEW EQUIPMENT TRAINING
YEAR GOAL
EQUIPMENT
NAME
2016
2017
2018
PROCEDURE
NAME
PROCEDURE
TYPES
SKILLS
OUTLINE
SKILLS
OUTLINE
TRAINING
RESOURCE
TRAINING
RESOURCE
TIMEFRAME
TIMEFRAME
LICENSING
REQUIREMENT
(IF ANY)
LICENSING
REQUIREMENT
(IF ANY)
CURRENT POSITION CURRENT LICENSING
YEARS OF SERVICE
9. 5
CREATE A CLEAR PAYMENT AND COLLECTIONS
GUIDELINE, AND THEN STICK TO IT! CONSIDER:
• When do we quote costs to patients?
•When do we expect payment?
• What payment types do we offer?
• When do we send statements?
• What is our process if a patient objects?
• Do we offer patient financing? If so, who qualifies and how?
• How do we follow up on past due accounts?
• When do we refer an account to a collections agency or
small claims court?
IMPROVE YOUR COLLECTIONS
10. 5 IMPROVE YOUR COLLECTIONS
Share the complete set of financial guidelines with your staff, but also create
clear, easy-to-understand financial guidelines documents for patients.
Communicate openly, honestly and often about fees.
MOBILE DEPOSIT*
*Based on approval
MERCHANT SERVICES REMOTE DEPOSIT CAPTURE*
11. 6 IMPROVE YOUR SPACE
INVESTING IN A REMODEL OF YOUR SPACE CAN HELP
ATTRACT AND KEEP NEW PATIENTS WHO ARE LOOKING
FOR DENTISTS THAT PROVIDE THE BEST SERVICE IN THE
BEST ENVIRONMENT.
LOAN APPLICATION CHECKLIST
WHAT SHOULD I BRING TO MY APPOINTMENT?
3 YEARS OF BUSINESS TAX RETURNS
3 YEARS OF PERSONAL TAX RETURNS
PURCHASE ORDER OR SALES CONTRACT (IF LOOKING TO PURCHASE)
PERSONAL FINANCIAL STATEMENT
2 MONTHS OF RECENT BUSINESS ACCOUNT BANK STATEMENTS
BUSINESS FORMATION DOCUMENTS (I.E. CERTIFICATION
OF CORPORATION)
12. 7 STREAMLINE YOUR PAYROLL
Make your payroll process easier and turnkey with online ACH services,*
saving
you both time and money!
YOUR OFFICE COBNKS ONLINE
COMMUNITY BANKS
OF COLORADO
ASSOCIATE’S BANK ASSOCIATE
*Based on approval
13. LAST BUT NOT LEAST, SOMETIMES YOU
NEED TO GET OUT FROM UNDERNEATH
YOUR OLD DEBT TO START TO FIND
THAT IMPROVED PROFITABILITY.
• Consider restructuring debts to get lower
monthly payments or a reduced interest rate
• Consolidate your loans into one payment that
allows you to better handle the monthly expense
GET OUT FROM UNDER OLD DEBT
COMMUNITY BANKS OF COLORADO
OFFERS GREAT RESTRUCTURING
PROGRAMS.
TALK TO US TODAY.
8
14. 9 TAKE CONTROL OF YOUR INVENTORY
Start with a budget for your supplies, track your
spending against that budget and start paying close
attention to how much you’re using and where you
might be able to save.
• Create a supplies inventory sheet
• Note how much you pay for each item (cost per unit)
• Estimate how often you’ll use it and have an
estimated annual cost
• Keep track of how often you use each item
• How does your estimate compare to actuals? Can
you cut down? If you ordered more at once could
you save? Can you find a cheaper product that fits
your needs?
15. 10
IT’S SIMPLE, MORE PATIENTS MEANS MORE PROFITABILITY.
BUT HOW DO YOU FIND AND KEEP NEW PATIENTS?
• Create a patient referral program
• Offer an associate incentive program when patients accept treatment plans
• Add services that attract new types of patients
• Have a great website that features your team, services and easy ways to
make an appointment
• Try email marketing, especially eNewsletters
featuring services
INCREASE YOUR INFLOW
16. • Register with Google Business and make sure your business (and details) are
on Google Maps
• Encourage patient reviews on places like Yelp!
• Have first-time patient offerings
• Don’t forget about tried-and-true community marketing:
•Bulletin boards
•Chamber of Commerce
•Sponsorship of youth teams
•Good outdoor signage at your practice
•Local newspapers and magazines
INCREASE YOUR INFLOW10
17. CONTACT US TODAY!
cobnks.com/dentist
*All financing is subject to credit approval. Longer terms may be available; ask your banker for additional details. Loan limits may vary based
on industry. Existing debt currently serviced by NBH Bank may not be eligible for consolidation or refinance.