Healthcare competition is ramping up, and very quickly: by 2022, the ADA has predicted that we’ll have 16% more practices in the United States. For you, this means that you’re going to have to increase your efforts to get ahead of the curve.
You might be noticing the initial signs of tough competition ahead, such as a flattening or slight decrease in revenue, or a decline in your number of patients. Maybe you’re used to getting 20, 30, or even 40 new patients per month, and now that number has fallen to around 10-20. If you’re down to less than 10 new patients per month, this is a huge red flag.