Dr. Lona sits down with TRP coach Dr. Chris Grier to unlock the secrets of essential metrics that drive practice growth. Whether you're just starting out or are a seasoned CEO, understanding your numbers can make a world of difference. Dr. Chris breaks down four critical metrics—conversion rate, total active patients, retention rates, and collection visit average—culminating in the ultimate indicator of success: net momentum. Listen in to discover how these metrics can transform your practice from a mere job into a thriving business that helps restore health to countless lives.

Key Highlights

00:30 - The importance of metrics for both new and seasoned practitioners.

01:29 - The need to run businesses on metrics rather than emotions to achieve better outcomes.

02:28 - An introduction to net momentum as the most important metric, which indicates whether the practice is growing, stagnant, or shrinking.

05:05 - The first metric, conversion percentage, which measures how many new patients start care.

09:03 - The second metric, total active patients, which includes individuals who are following recommendations, scheduled ahead, and paying.

13:54 - The third metric, R4 stick rate, which measures the percentage of patients who continue care after the initial care plan.

17:27 - The fourth metric, collection visit average, which measures the average amount collected per visit.

20:05 - The final metric, net momentum, which measures the difference between new patients and those who stopped care.

Resources Mentioned

Register now for the Remarkable Attraction Immersion here: https://theremarkablepractice.com/attraction-immersion/

To schedule a Strategy Session with Dr Lona: https://go.oncehub.com/DrLonaBuildPodcast

To schedule a Strategy Session with Dr Bobby: https://go.oncehub.com/DrBobbyBuildPodcast

Learn what it takes to be Remarkable!: https://theremarkablepractice.com/

Learn more about the Build Your Remarkable Practice: https://theremarkablepractice.com/build-your-remarkable-practice-podcast/

Learn more about the Remarkable CEO Podcast: https://theremarkablepractice.com/podcast/

Learn what it takes to be Remarkable!: https://theremarkablepractice.com/