Our platform has led to an entirely new industry framework for developing successful animal health practices
(PRWEB) November 26, 2014
Sikka Software, the leading small business healthcare cloud company, today announced the release of its latest Animal Health Success Report, which found that Wisconsin ranks among the best states for veterinary care. The report, which uses data from more than 1,600 active opt-in animal health practices, also found Georgia and Minnesota rank among the lowest performing states for quality animal care.
“Our platform has led to an entirely new industry framework for developing successful animal health practices,” said Vijay Sikka, CEO of Sikka Software. “These data-driven insights can help virtually any veterinarian improve their quality of animal care, as well as the viability of their practice. Furthermore, we are able to identify the top-performing markets for veterinary care through a study of state-by-state average scores.”
Through data analysis from the company’s cloud-based platform, Sikka Platform Utility®, Sikka has identified the 10 success criteria that are key to a high-performing, financially viable veterinary practice. Sample best practices include successful veterinary practices having all new patients undergo comprehensive exams, as well as all pet patients undergoing testing for Heartworm, a common condition. Based on Sikka’s analysis, successful practices typically have more than 60% of all active patients undergo heartworm testing.
Using these criteria, Sikka provides a raw score for participating practices, with a maximum possible score of 660. The highest scoring practice in the Sikka network of more than 1,600 opt-in practices scored 438, while the lowest scoring practice was 103. The three highest performing states were Wisconsin (score: 401); Florida (score: 339); and North Carolina (score: 328). The three lowest performing states were California (score: 206); Minnesota (score: 198) and Georgia (score: 171). Because of a lack of statistically valid data, 15 states were excluded from the national analysis.
Sikka Software’s Practice Monitor Animal Health is a powerful and free Business Intelligence tool that helps practices understand and monitor basic KPIs. A paid Practice Optimizer is available for advanced fee analysis, profit and loss reports, marketing ROI analysis and sophisticated business analytics dashboards. The product integrates seamlessly with existing practice management software and is powered by the Sikka platform, the industry leader in practice intelligence and optimization technology.
Key features of Practice Monitor Animal Health include:
- Compliance report and actionable lists of clients to contact
- Fee optimizer
- Dashboards and business analytics with Patients Now button
- Success report and score
- Profit and loss analysis
- Morning meeting report and consultant style reports daily, weekly and monthly
As the business intelligence authority in the animal health industry, Sikka Software has seen significant year-over-year growth, with a 136 percent increase in bookings and 80 percent revenue increase. Meanwhile, Sikka has a near-perfect retention record among customers.
Sikka Software’s solutions to big data in outpatient healthcare are not limited to the veterinary industry. The company also offers business intelligence apps to optimize Dental, Hearing Care, Optometry, and Chiropractic practices. Using data from the company’s cloud-based platform, Sikka Platform Utility®, Sikka has identified 10 success criteria that are crucial to the both the quality of care and overall financial health of successful practices. Sikka customers can access their own Success Reports after registering online at: https://www.sikkasoft.com/sikka-success-report/
About Sikka Software
Sikka Software provides a platform for small and medium-sized business healthcare apps. The company's products help healthcare providers and other small businesses optimize their business via a series of easy to use cloud-based applications. With over 26 apps built on Sikka Platform Utility with over 12,800 installations, Sikka Software is the leader in the U.S. Dental, Animal Health and Hearing Care markets. The company is now supporting a real time optimization and information network with providers, patients, consultants, manufacturers and financial service providers.
A privately-held company, Sikka Software is headquartered in Milpitas, California with offices in the United States and in India. More information including may be found at http://www.sikkasoftware.com.