As a hearing care professional, you’re busy treating patients while simultaneously running a practice. We don’t want to preach to the choir here, but that’s a lot to manage. You need tools that will help you reach your bottom line, every single day.
We’ve laid out a few simple yet effective tools that can help you grow your practice, retain current customers, and stay competitive in the audiology space.
Industry-Leading Physician Reporting
Earlier this month, The Hearing Journal published a piece on The Power of Partnerships – discussing the value of strong audiologist-physician collaboration when it comes to patient care. The article points out that building relationships with physicians may not be the standard approach, but it can certainly provide a number of benefits like new growth opportunities for your practice, increased referrals, and improved patients outcomes.
We couldn’t agree more. Physician referral channels have changed a ton over the past 5-10 years, and the markets are getting more competitive. This reality makes it especially important for practices to build strong relationships with local practitioners. Nurtured physician relationships create a healthy space for improved patient care and a great way to acquire new patients.
We built out Sycle PRO Industry-Leading Integrated Physician Reporting, so you can create clear, professional reports to send back to your referring doctors – in only a fraction of the time. Plus, it’s more customizable and powerful than ever before; the Physician Reporting tool automates physician reports and nurtures your physician relationships, which means more time with your patients. The best part? It’s FREE and included with Sycle PRO. That’s a $59/month value.
Watch the new Sycle PRO Industry-Leading Integrated Physician Reporting video now.
For decades, practices have been going digital to improve efficiency and stay competitive within the hearing care industry. Over the past 15 years, we have witnessed an exciting rate in adoption of cloud-based solutions in all types of private practices – including hearing care.
There are tons of benefits when your practice goes digital – increased efficiency, significant cost savings, and seamless transfer of files from one location to another. Let’s look specifically at how going digital saves you from the hefty costs associated with a paper-based system.
- 15% of a company’s revenue is spent creating, managing, and distributing paper-based documents.
- A single four-drawer file cabinet costs nearly $2100 to maintain.
- It costs $25k a year in paper and employee time to fill one filing cabinet.
With digital software like HIPAA complaint, private cloud-based Sycle eDocs you can save money and help make your business processes more structured and intuitive.
Download the Sycle eDocs infographic to see how this paperless solution can save you time, money, and space.
What exactly is business intelligence? Great question. In its simplest form, business intelligence is the technology-driven process used to interpret data and provide actionable information necessary to make smart business decisions.
It’s a data-driven world, which makes it especially important that your practice has the tools necessary to capture and analyze data so you can use it to benefit your big picture.
Did you know that:
- Companies that use an analytic insight process are 5x more likely to make faster decisions.
- Poor understanding of data can cost businesses 20-35% of their operating revenue.
- Business intelligence tools can improve employee satisfaction.
With Sycle’s Business Intelligence you get a comprehensive view of patient data and charts with a customizable dashboard, so you can leverage your practice to a whole new level.
- Gain key insights into what’s happening in your practice
- Make data-driven decisions with easily accessible metrics and sales data
- Grow revenue and increase competitive advantage
Want to learn more? We thought you just might. Teach me more about Business Intelligence.
Now that you’ve heard from us, we want to know – what are some of your favorite tools you use to boost your practice?