{"id":6170,"date":"2021-08-26T12:40:33","date_gmt":"2021-08-26T18:40:33","guid":{"rendered":"https:\/\/www.planetdds.com\/?p=6170"},"modified":"2025-03-05T12:21:42","modified_gmt":"2025-03-05T20:21:42","slug":"why-every-dso-should-centralize-with-a-cloud-based-practice-management-solution","status":"publish","type":"post","link":"https:\/\/www.planetdds.com\/blog\/why-every-dso-should-centralize-with-a-cloud-based-practice-management-solution\/","title":{"rendered":"Why Every DSO Should Centralize with a Cloud-Based Practice Management Solution"},"content":{"rendered":"

Centralizing non-clinical functions is a common trend<\/a> among DSOs.\u00a0And for good\u00a0reason.\u00a0By centralizing, DSOs relieve much of the burden of running a practice so that individual offices can focus on patient care. There are three main reasons why a DSO\u00a0should\u00a0use a centralized practice management solution to support its practices effectively: 1)\u00a0standardized workflows, 2) scalability, and 3)\u00a0accurate, enterprise reporting.<\/span>\u00a0<\/span><\/p>\n

Before we get into the reasons,\u00a0let\u2019s\u00a0talk about, \u201cwhat IS centralization?\u201d In the context of a DSO, centralization means to bring non-clinical support\u00a0services\u00a0under centralized control.\u00a0The easiest and fastest way for a DSO to centralize is by moving to a cloud-based practice management solution.\u00a0<\/span>\u00a0<\/span><\/p>\n

Pitfalls of Decentralized Systems<\/span><\/b>\u00a0<\/span><\/h2>\n

For most DSOs, achieving steady and scalable growth is one of the primary business goals of the organization. With this in mind,\u00a0let\u2019s\u00a0look at how a decentralized system impedes and even prevents\u00a0DSOs from reaching their growth goals.<\/span>\u00a0<\/span><\/p>\n

One step to achieving steady and scalable growth is for DSOs to accurately track and benchmark their locations by collecting data. However, when each individual practice is\u00a0operating\u00a0on a different practice management solution,\u00a0collecting\u00a0and synthesizing data becomes difficult, if not impossible, to complete and\u00a0identify\u00a0trends. Additionally, as DSOs look to grow by\u00a0acquiring\u00a0new locations, it becomes increasingly complex to add a practice that has yet another practice management solution. All this together makes have a decentralized system inefficient and creates complex workflows for DSOs, wasting time and money.<\/span>\u00a0<\/span><\/p>\n

Frustratingly, by running on a decentralized system, a DSO struggles with the very thing\u00a0they\u2019re\u00a0tasked to\u00a0do:\u00a0provide\u00a0steady and scalable growth via centralized support services<\/span>.<\/span>\u00a0<\/span><\/p>\n

Contrast this with a DSO that has\u00a0centralized access to all locations through a common cloud-based practice management solution. The right practice management solution can support the steady growth of a DSO to excel in each of these\u00a0key\u00a0areas: efficiency, scalability, and reporting.<\/span>\u00a0<\/span><\/p>\n

Why Centralization Pays<\/span><\/b>\u00a0<\/span><\/h2>\n

As a DSO organization grows, it needs to become\u00a0even\u00a0more efficient as it manages more office locations, staff, patients, IT systems, etc.\u00a0A cloud-based practice management solution provides this much-needed efficiency through centralized access.<\/span>\u00a0<\/span><\/p>\n

Centralized Access to\u00a0Patient\u00a0Data<\/span>\u00a0<\/span><\/p>\n

First, the DSO can increase efficiency through centralized access to data. That means all patient X-rays, charts, billing, and other records are accessible as a single record from any location. Offices don\u2019t need to waste time transferring patient records or images, allowing for easy <\/span>referrals within the DSO<\/span><\/a>.\u00a0Patients can visit multiple locations within the DSO and still have a single patient record,\u00a0eliminating\u00a0duplicate records across the DSO.\u00a0This streamlined workflow helps each location by allowing dentists and staff to do their jobs more effectively and\u00a0provide\u00a0a better patient experience.\u00a0<\/span>\u00a0<\/span><\/p>\n

Enabling Centralized Support<\/span>\u00a0<\/span><\/p>\n

Going beyond patient data, a cloud-based practice management solution can also support practices with centralized functions, including\u00a0<\/span>scheduling<\/span><\/a>, marketing, and billing. Enabling this central access means schedules can be accessed and updated in real-time across all locations. The DSO can also lead marketing efforts and patient engagement through centralized\u00a0<\/span>patient communication<\/span><\/a>\u00a0via\u00a0emails, texts, ads, and social media posts. And with a central\u00a0<\/span>billing office<\/span><\/a>\u00a0that can view billing records for all locations, a DSO can take on billing and collections for the\u00a0different locations\u00a0as well.<\/span>\u00a0<\/span><\/p>\n

Smaller IT Footprint\u00a0<\/span>\u00a0<\/span><\/p>\n

Having one practice management solution across all locations also allows\u00a0for\u00a0a smaller IT footprint. As the DSO grows,\u00a0if your IT team\u00a0has to\u00a0work with different systems both\u00a0on-premise\u00a0and in the cloud, it will become increasingly more difficult to manage each location\u2019s IT.\u00a0With piecemeal work arounds, you increase your DSO\u2019s vulnerability for cyberattacks and put unneeded stress on your IT team.\u00a0<\/span>\u00a0<\/span><\/p>\n

With a single solution across all offices, your IT team\u00a0can manage IT centrally with ease. The best practice management solutions also offer\u00a0<\/span>added security<\/span><\/a>\u00a0and control for IT team to track user trails and control permissions.\u00a0It\u2019s\u00a0the\u00a0easier\u00a0and more secure way\u00a0to manage IT for\u00a0an\u00a0DSO.\u00a0<\/span>\u00a0<\/span><\/p>\n

The Power to Scale<\/span><\/b>\u00a0<\/span><\/h2>\n

For a DSO to grow their existing locations, as well as\u00a0acquire\u00a0and open new ones, it needs the right software solutions in place to scale its growth. Without the right solutions in place, bottlenecks will begin to arise as it relates to accessing location and patient data, managing IT services, and supporting\u00a0different locations\u00a0non-clinical needs.\u00a0<\/span>\u00a0<\/span><\/p>\n

However, with a centralized solution that can scale, a DSO can quickly\u00a0provide\u00a0support and resources to integrate a new office now and into the future. The technology of the practice management solution must meet your DSO\u2019s needs today just as much as it needs to meet them for your DSO tomorrow.<\/span>\u00a0<\/span><\/p>\n

Accurate and Reliable Reporting<\/span><\/b>\u00a0<\/span><\/h2>\n

Another aspect of the business\u00a0where a DSO should not compromise is\u202f<\/span>reporting<\/span><\/a>.\u00a0Consistency in data, reporting metrics, and\u00a0KPIs\u00a0are essential to ensure success across the entire organization and its multiple locations.<\/span>\u00a0<\/span><\/p>\n

When a DSO tries to\u00a0consolidate\u00a0data across locations without a centralized practice management solution,\u00a0much\u202f<\/span>time is wasted<\/span><\/a>\u202fmanually collecting data.\u00a0And there\u00a0could be\u00a0numerous\u00a0discrepancies and inaccuracies that make the data unreliable when making important business decisions.\u00a0It\u2019s\u00a0incredibly challenging to run a successful DSO without having access to\u00a0accurate\u00a0and reliable data.<\/span>\u00a0<\/span><\/p>\n

Fortunately,\u00a0there\u2019s\u00a0a better way. With a centralized practice management solution, practices can\u00a0enable enterprise level reporting by\u00a0easily\u202f<\/span>running\u00a0reports<\/span><\/a>\u202fand viewing\u00a0dashboards to visualize the health of each office and the entire DSO with a click of a button.\u00a0There\u2019s\u00a0no difficulty in comparing and aggregating data across 4 locations or even 100.\u00a0With enterprise level reporting based on real-time,\u00a0accurate\u00a0data and analytics, DSOs can make better business decisions.\u00a0\u00a0<\/span>\u00a0<\/span><\/p>\n

With far better reporting and financial control,\u00a0it\u2019s\u00a0no wonder why\u00a0DSOs that\u00a0have centralized operations\u00a0tend to command the\u00a0<\/span>highest valuations<\/span><\/a>\u00a0by private equity firms. Centralizing =\u00a0increasing the value of your DSO.\u00a0<\/span>\u00a0<\/span><\/p>\n

Centralizing with\u00a0Denticon\u00a0for Growth<\/span><\/b>\u00a0<\/span><\/h2>\n

Are you interested in learning more about the benefits of centralization?\u00a0Migrating to a cloud-based practice management solution is the fastest way you can centralize your DSO.\u00a0<\/span>\u00a0<\/span><\/p>\n

Nearly half\u00a0of the\u00a0<\/span>top 25 largest DSOs<\/span><\/a>\u00a0in the\u00a0US now\u00a0use\u00a0Denticon.\u00a0We would love to chat with you about\u00a0how we can help your DSO\u00a0centralize too for\u00a0better reporting, scalability, and more efficiency.\u00a0No other solution comes close when it comes to helping DSOs grow their business.\u202f<\/span>Contact us today<\/span><\/a>.<\/span>\u00a0<\/span><\/p>\n

To learn more about how\u00a0Denticon\u00a0makes DSOs more valuable to private equity firms, read\u00a0our\u00a0<\/span>ebook<\/span><\/a>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Centralizing non-clinical functions is a common trend among DSOs.\u00a0And for good\u00a0reason.\u00a0By centralizing, DSOs relieve much of the burden of running a practice so that individual offices can focus on patient…<\/p>\n","protected":false},"author":3,"featured_media":6171,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,1416],"tags":[710,202,711,712,158,685,686,161,30,11,713,378,66,687,13,43,176,714,405,143,169,715,237,716,717,718,719,417,308,720,384,721,59,198,150,74,722,723],"class_list":["post-6170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-practice-management","category-growth","tag-accurately","tag-acquiring","tag-adding","tag-best","tag-business","tag-central","tag-centralized","tag-clinical","tag-cloud","tag-data","tag-decentralized","tag-decisions","tag-dental","tag-dental-service-organization","tag-dentistry","tag-dso","tag-efficient","tag-fastest","tag-goals","tag-grow","tag-growth","tag-inefficient","tag-it","tag-locations","tag-migrate","tag-multiple","tag-non-clinical","tag-practice-management-solution","tag-practices","tag-private-equity","tag-reporting","tag-scalability","tag-scale","tag-staff","tag-standardize","tag-support","tag-system","tag-valuation"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/posts\/6170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/comments?post=6170"}],"version-history":[{"count":0,"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/posts\/6170\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/media\/6171"}],"wp:attachment":[{"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/media?parent=6170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/categories?post=6170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/tags?post=6170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}