Recent Developments in Dental Businessĭuring the fourth quarter, Henry Schein’s global dental sales increased 9.4% compared with the same period last year. The increasing awareness of dental health and the ensuing demand for a range of dental care services are driving the market.
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Per a report by Business Wire, the global market for Dental Practice Management Software was $1.70 billion in 2020 and is projected to reach $2.70 billion by 2026, at a CAGR of 8.2%. With Jarvis Analytics, dental practices can turn data into dollars using analytics to help identify other revenue streams. Per Henry Schein’s management, as more data is generated everywhere, businesses need analytics in every part of their operation to drive growth. It helps dental teams maximize data to make more informed, strategic decisions that can impact operational success. The latest version of Jarvis Analytics provides private dental practitioners with a simple, powerful tool to help improve practice success through data-driven decisions.
Benefits of Jarvis Analytics for Private Practicesĭata analytics is the new vehicle for accelerating dental business growth. Jarvis Analytics further extends the tools of its DSO version to the independent practice with new, simplified features that make it simple for every member of the dental team to see practice data, automate practice workflows, identify operational strengths and weaknesses, understand patient behavior, and make data-driven decisions with least training and IT investment. The forecast reports generated by Jarvis Analytics enables dental office managers to identify opportunities to improve revenue, including hygiene recall, patient retention, case acceptance, and bill collection. Jarvis Analytics simplifies the compilation of data from the practice management system and other sources and presents it in real-time reports, dashboards, and other methods.
Jarvis Analytics works with several practice management systems, including Dentrix, Dentrix Ascend, Eaglesoft, Open Dental, Denticon, and others, making Jarvis Analytics a seamless solution for most practices in the United States with a practice management system. In May 2021, Henry Schein One acquired an 80% ownership interest in Jarvis Analytics. Jarvis Analytics is a software company that develops comprehensive business analytics tools to help dental practitioners and their teams use data to diagnose problems, strengthen decision-making, and improve business performance. The latest development will support Henry Schein’s objective to provide the best-quality solutions to dental practices. HSIC recently announced that its subsidiary, Henry Schein One, has introduced a version of its dental analytics platform for dental service organization (DSO) - Jarvis Analytics - to help private dental practices accelerate business growth.
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