Every fourth month, most practices hit a production "Plateau". This is followed by a decline for two months, then three months of incline followed by a Plateau again in the fourth month. This pattern continues until eventually, a practice will hit a Plateau at a certain Stage of Practice Growth and remain there for some amount of time, either months or years. The following chart represents the Stages of Practice Growth. You can easily see the Stage of Practice Growth in which your Practice has reached a Plateau.
Category |
The Stages of Practice Growth |
Start-up |
Low |
Average |
Moderate |
High |
Peak |
Beyond |
New Patients: |
10 |
15 |
20 |
30 |
50 |
70 |
90 |
Office Visits: |
100 |
300 |
550 |
750 |
950 |
1200 |
1500 |
Services Rendered |
$5,000.00 |
$15,600.00 |
$35,700.00 |
$45,000.00 |
$65,000.00 |
$85,000.00 |
$120,000.00 |
Total Collections: |
$3,250.00 |
$11,700.00 |
$28,600.00 |
$38,250.00 |
$58,500.00 |
$79,900.00 |
$115,200.00 |
Collection Ratio %: |
65% |
75% |
80% |
85% |
90% |
94% |
96% |
Office Visit Average: |
$45.00 |
$55.00 |
$65.00 |
$95.00 |
$130.00 |
$185.00 |
$225.00 |
Life-time Matinenance Visits: |
0 |
150 |
350 |
600 |
850 |
1000 |
1300 |
Life-time Maintenance Services: |
0 |
$7,500.00 |
$17,500.00 |
$30,000.00 |
$42,500.00 |
$50,000.00 |
$65,000.00 |
New Patient Visits: |
100 |
150 |
250 |
350 |
450 |
550 |
750 |
New Patient Retention: |
7 |
10 |
13 |
15 |
16 |
18 |
20 |
When a practice reaches a Plateau and stays there, it stops growing. When a practice stops growing for a period of time there is a tendency to decline. This often leads to doctors taking actions out of frustration and disempowerment.
The STATUS Practice Success Program produces growth at each Plateau Stage of Practice Growth toward Maturity. Once you Register, as a Member of STATUS, you get your own personal Practice Management Website.
First, we analyze your practice to determine why you have stopped growing.
Second, you start to enter your practice statistics daily online, so that you and we together can monitor the performance and production of your practice.
Third, we help you to set “stretch” goals to break through the Plateau. On your member website you have 15 Online Reports. We produce a Quarterly Report for you to monitor productivity.
Fourth, we put you through a training program to equip you and your staff to perform at a higher level to increase production Plateau after Plateau. Register Today. Start Growing. |
