Irving, TX (PRWEB) April 19, 2012
OrthoSynetics, a national provider of non-clinical support for orthodontic and pediatric dental practices, recently launched the web-based software tool PinPoint. PinPoint allows practices to obtain an instant overview of their key business performance and market indicators.
“OrthoSynetics consults orthodontic and pediatric dental practices on business growth and efficiency. We developed PinPoint because we found that when practices needed to make important business decisions, key information was not easily accessible from their software,” said Jessica Lynch, Director of OrthoSynetics’ Practice Development. “Without this information, many practices were basically flying blind. They were making decisions without crucial facts. It’s hard to run a successful business like that.”
While PinPoint displays vital information which a doctor can use to make key decisions, the software also allows for more efficient day-to-day operations of a practice. When PinPoint is opened in a browser, a dashboard displays a selection of essential, real-time information including new patients trends, production dollars, collection dollars and a two-year trend graph of revenue and expenses.
The PinPoint software contains a number of tools and functions that are invaluable to any practice. The statistical reporting tool mines practice data to display patient absentee rates and the percentage of prospects converted to patients. A mapping service will generate a custom map with icons notating patient homes allowing doctors to obtain a clear visual understanding of where their business is coming from and where untapped markets may be found.
The financial reporting tool makes it easy to compare one period’s financial data with another period. The user can extract custom reports comparing entire years, first quarters, or any time periods that might be helpful to the doctor. The tool can also drill down into detailed metrics of financial performance such as expense-as-percent-of-revenue. PinPoint also stores detailed images of invoices paid by the practice. If a practice has more than one location, the financial reporting solution allows doctors to compare the financial performance of each office. The software even features regional reporting tools.
“OrthoSynetics works with hundreds of practices around the country,” said David Marks, President and CEO. “PinPoint allows users to compare their data with other practices within their perspective regions. Doctors can additionally measure their practice’s performance relative to their peers nationwide.”
PinPoint is integrated with practice software so doctors or staff never need to pull information from separate programs or manually enter data. All data in PinPoint is available in real time, and because the program is cloud based, it can be accessed from any computer with an Internet connection.
PinPoint is now available to all OrthoSynetics clients. For more information on PinPoint and other practice performance tools from OrthoSynetics, call 888-622-7645.