PRACTICE TRANSFORMATION

Transform your practice and get back on track to success

With Collaborate’s Practice Transformation Program

Practice Transformation

Program overview

Practice Transformation will help you redefine your vision and ambition, reset goals and targets, fix team issues, overcome obstacles, remove barriers to growth and success, reverse decline, boost performance and get back on track to achieving growth success faster with knowledge, advice, and support from a team of experienced dentists, dental practice owners and senior exec-level corporate operators.

‘’Collaborate have been an invaluable partner in our journey to transform our practice for modern day dentistry. They have helped us in the introduction of new dental software, updated our compliance, streamlined our accounting and HR, and recruited a Practice Manager, amongst much more. ’’

Michael Weider

Practice Principal

Maldent Dental Practice & Implant Centre

Program benefits

N

Define your vision, ambition and goals

We’ll help you define your vision, ambitions, and goals so we can identify objectives and a strategy and plan of action to achieve them.

N

Refocus on achievable goals and targets

Maintains clarity, boosts motivation, ensures resource efficiency, and promotes sustained growth, enabling practices to navigate challenges and better results faster.

N

Achieve success faster

Accelerated growth, increased income and wealth generation create opportunity and choice.

N

Data-driven smarter decision making

Enhanced insights and strategic alignment, optimised operations, reduced risks, improved efficiency, increased competitiveness, and sustained growth and success.

N

Improve operational efficiency and productivity

Save time, cost, and effort, optimise practice resources for faster delivery, enhance customer satisfaction, and increase competitiveness and overall profitability.

N

Increase revenue and profitability/EBITDA

Improved practice performance establishes financial stability and creates opportunities for investment and growth to increase income, practice value, and wealth.

N

Identify and fix barriers to growth and success

Unlocking potential, ensuring adaptability, sustaining competitiveness, fostering innovation, and maximising opportunities are crucial for achieving and maintaining practice growth and success, especially in increasingly competitive local marketplaces.

Identifying issues impacting you and the business and how to fix them is crucial to improving productivity, growth, and success..

Download the factsheet

Practice Transformation

Download our Practice Transformation factsheet (a print-ready version of this page) for further reference.

Program deliverables

Comprising expert knowledge, advice, tools, and solutions to fix issues, address key challenges, overcome obstacles, create opportunity and facilitate growth, success and wealth.

1. Define vision, ambition & goals

Guides strategy, motivates teams, fosters growth, and ensures long-term success

2. Practice health check

Assessment of your business’ performance and wellbeing.

3. Transformation strategy and plan of action (member action plan)

Guides strategy, motivates teams, fosters growth, and ensures long-term success.

4. Financial forecasting and budgeting

Mitigates risks, ensures financial stability, guides decisions, and facilitates strategic planning

5. Performance monitoring (KPI Dashboard)

Identifies strengths and weaknesses, informs decisions, and ensures ongoing improvement.

6. Quarterly performance reviews

Evaluates progress, adapts strategies, enhances decision-making, fosters continuous improvement.

7. Financial reporting (P&L)

Evaluates profitability, guides decisions, informs strategy, ensures financial health.

8. Regulatory compliance & dummy CQC inspection

Avoids penalties, ensures patient safety, maintains trust and legal adherence.

9. Marketing audit

Evaluate the effectiveness of current marketing activity in achieving business objectives.

10. Marketing strategy and plan of action

Guides efforts, attracts customers, ensures brand consistency, and fosters growth.

11. Project Management

Organizes tasks, ensures efficiency, meets goals, minimises risks, fosters collaboration. 

Program tools

As well as expert advice and support, we’ve developed a suite of proprietary, bespoke, and specially adapted dental practice systems, procedures, protocols and SAAS tools that are easily adapted, implemented, and managed to boost the performance of all practice types

Financial forecasting

Mitigates risks, ensures financial stability, guides decisions, and facilitates strategic planning. 

Based on a review of the previous 3 years’ P&L, income streams and productivity, and MAP (Member Action Plan) targets, we’ll identify potential revenue and cost control/reduction.      

Online compliance platform

Simplifies compliance, reduces risks, ensures accuracy, and promotes efficiency. 

Our cloud based CQC compliance tool provides templated policies, procedures, schedules of requirements, performance tracking tools, dummy CQC inspections and GAP analysis reports.

Project management

Enhances collaboration, streamlines tasks, improves efficiency and ensures project success. 

Our feature-rich, easy-to-use project management framework lists key ‘transformation’ activities, tasks, actions, timeframes and targets, and monitors progress.

Practice health check

Assessment of your business’ performance and wellbeing. 

Using our KPI dashboard, we’ll compare your KPIs against industry standards for three to six months, during which our experts analyse, interpret, and evaluate the data.      

Member action plan

Guides decisions, align efforts, promotes growth, and ensures long-term success. 

KPIs are benchmarked against industry standards, and required actions to improve performance are prioritised by our RICE matrix, financial planning, and treatment profitability reports.

KPI dashboard

Identifies strengths and weaknesses, informs decisions, ensures ongoing improvement. 

Feature-rich cloud-based dashboard that collates more in-depth KPIs than any system from various data sources, which are then analysed, interpreted, and evaluated by our experts, driving faster, smarter decision-making.

Treatment profitability

Identifies your most profitable treatments and helps set treatment pricing to maximise profit. 

Identify which treatment is most profitable and set prices that 1) best reflect treatment value, 2) what patients are prepared to pay, and 3) strategic implications for long-term growth.      

Marketing audit

Identifies strengths, weaknesses, and threats, enhances strategy, and ensures marketing effectiveness. 

Audit including SWOT analysis of current marketing that compares against industry-standard practice marketing benchmarks/KPIs for patient acquisition, retention, and value maximisation.

Performance roadmap

Guides growth, sets goals, optimises performance, and ensures strategic alignment. 

Online operations and a performance roadmap provide a bird’ s-eye view of the key business changes, ensuring we are on target for success.

Tactical modules

Integrated into your Practice Transformation Program are additional stand-alone ‘Tactical Modules’ that optimise crucial business functions essential to growth and success:

Expert Support

Your Practice Transformation Team

Join the Practice Transformation Program and expand your team with a program director, program pilot, and program administrators with support from preferred specialist service providers. 

Program Director

  • Research, strategy, and planning 
  • Knowledge-share, advice, and support
  • Program direction  
  • Monthly performance review, report, and recommendations 

Administrative Support

  • Program administrator

  • Practice administrator

Program Pilot

  • Implementation and management
  • On-going performance monitoring and reporting
  • Operational knowledge, advice, and support
  • Practice management support

Expert Partners

  • Marketing
  • HR
  • Law
  • Finance

Download the factsheet

Practice Transformation

Download our Practice Transformation factsheet (a print-ready version of this page) for further reference.

5 star rated

Member testimonials

ACT NOW, AND GET YOUR VISION, AMBITIONS AND GOALS BACK ON TRACK

Book a free, informal, no-obligation chat with one of our dental business experts

And discover how Collaborate’s knowledge, advice, tools, solutions and support can help you achieve success faster.

All programs

Practice Support Program

Our 5 Practice Support Programs provide essential support to dentists wherever they are in their practice ownership journey.