Data - The Untapped Gold Mine in Your Practice
Manage episode 439175501 series 3599207
Unlock the Gold Mine in Your Business with Data-Driven Strategies
In this episode, Zack highlights the immense value of data for businesses and health practices. Detailed are key data points such as client demographics, visit frequency, treatment efficacy, and lifetime value. Zack explains how to gather, analyze, and leverage this data to enhance marketing efforts, tailor services, and boost profitability. Ethical data collection and practical strategies for reducing no-shows and increasing referral rates are also covered, providing a comprehensive guide for maximizing business growth through data-driven decisions.
00:00 Intro
00:42 Patient Demographics
03:09 Visit Frequency
06:42 Treatment Efficacy
10:23 LTV
12:54 Referrals
14:06 Satisfaction Scores
15:50 No show rates
21:41 Service Line Profitability
23:38 Wrap up
5 episodes