PRACTICE ASSESSMENT

Adding new dental clinics (or selling) presents unique business challenges. Our Practice Assessment solution provides affordable and rigorous operating, demographic and financial analysis. These reports are instrumental in succession planning; merger and acquisition decision making; practice expansion planning and more.

The proprietary algorithms behind the EDMS Platform and Assessment service offer unparalleled transparency and 100% accuracy for a more complete view of practice performance.

EDMS IS SOFTWARE AGNOSTIC.

We consolidate clinical data from ANY dental patient management software and financial/operational data from ANY reporting program to our cloud based service.

Once that data is in our warehouse, our program generates the following assessment reports:

FINANCIAL ANALYSIS – including breakdown of revenue, collections, reimbursements, payrolls, cash flow projection etc.

OPERATIONAL ANALYSIS – integrated with leases, leaseholds and operating expenses for a complete and accurate picture of clinic value.

TREND ANALYSIS – active patients, new patients, patient demographics, patient spending, patient retention, patient attrition, insurance coverage, historical data

ADDITIONAL FINANCIAL ANALYSIS – such as bad debt, financial fraud, any data issues, trends and changes- we have view into years worth of data.

VALUATION OF PHYSICAL ASSETS – net asset value of dental and technological equipment based on age, financing, service schedules and future use prediction