Irvine Family Dental
HomeBankingCardsAIMore

Virtual CFO

AI-powered financial insights and assistance

ClinAI
Virtual CFO
CLIN Assistant
Very High confidence
Hello Dr. Parker! I'm your Virtual CFO. How can I help you with your practice finances today?
05:06 PM

Practice Growth Strategy Simulator
AI Powered

Projected Annual Revenue
$0
+0% growth
Projected Annual Profit
$0
0% margin
Patient Growth
1850 → 1850
+0% in 12 months
Growth Levers
Monthly New Patients
28
10
50
Patient Retention Rate
75%
50%
95%
Treatment Acceptance Rate
65%
40%
90%
Hygiene Reappointment Rate
78%
60%
98%

Key Factors to Meet Your Growth Target

Based on your practice data, focusing on hygiene reappointment rate and new patient acquisition will deliver the most impactful results. Our analysis shows that a 10% improvement in reappointment rate increases annual revenue by approximately $$0.

Implement a hygiene recare program with automated patient reminders
Optimize your Google My Business profile to attract 3 more new patients monthly
Introduce treatment financing options to improve case acceptance by 7-10%

Revenue Forecast
AI Prediction

Total Forecast
$624K
Next 6 months
Monthly Average
$104K
Projected
Growth Projection
+19.4%
Apr → Sep
Monthly Breakdown
MonthRevenueMoM Change
AprCurrent$95K—
May$98K
+3.9%
Jun$103K
+4.7%
Jul$107K
+3.6%
Aug$109K
+2.5%
Sep$113K
+3.3%

ClinAI Insight

Your revenue is projected to increase by 19.4% over the next 6 months. This growth is primarily driven by increased procedure volume in cosmetic services and improved insurance claim acceptance rates.

Cost Optimization Insights
AI Recommendation

Total Potential Annual Savings
$33K
Based on your current spending across 4 service categories
Payroll Processing
ADP → Clin Payroll
Save $2K/yr
44% reduction
Payment Processing
Square → ClinPay
Save $5K/yr
32% reduction
Practice Management Software
Dentrix → Clin Practice Suite
Save $900/yr
21% reduction
Insurance Claim Processing
Current Solution → Clin Claims
Save $25K/yr
0% reduction

ClinAI Insight

We've analyzed your current service provider costs against market alternatives and Clin offerings. Implementing these recommendations could reduce your operational costs by up to $33K annually, while potentially improving integration with your other financial systems.

Expense Analysis

Expense to Revenue Ratio
70.0%
0%
60%
70%
80%
100%
Staff & Payroll
36.0%+0.5pp
Stable
Dental Supplies
12.0%+4.2pp
+8.2%
Facilities
10.0%-0.5pp
Stable
Marketing
6.0%+1.8pp
-4.5%
Equipment
4.0%-2.1pp
-12.3%
Other Expenses
2.0%-0.3pp
Stable

Cost Optimization Opportunity

Your supplies expenses are 4.2% higher than the industry benchmark for practices of similar size. Negotiating with your top 3 suppliers could save approximately $14,200 annually based on your current order volume.

Financial Health Score

78
Good
+3%
0100

Key Health Indicators

  • Stable cash flow position
  • Good expense management
  • Reliable insurance reimbursements
  • Consistent patient collections
  • Adequate financial reserves

Financial Insights

AI-generated
Prediction
Very High
positive

Cash Flow Forecast

Projected positive cash flow of $12,450 for next month

Projected Cash Flow
$12,450
+14% YoY
Based on historical patterns and current accounts receivable, I project your practice will have a positive cash flow of $12,450 next month. This projection includes: • Expected insurance reimbursements: $72,340 • Patient payments: $24,800 • Regular expenses: $84,690 This represents a 14% improvement over the same period last year.
Alert
High
negative

Expense Alert

Supply costs increased 8% above 6-month average

Your dental supply expenses have increased to $12,320 last month, which is 8% higher than your 6-month average of $11,407. Primary increases were in: • Impression materials (+15%) • Disposable items (+12%) • Office supplies (+9%) Consider reviewing your inventory management practices and supplier contracts.
Recommendation
High
positive

Revenue Opportunity

Increasing hygiene appointments could add $4,200/month

Based on your current hygiene appointment utilization (76%) and industry benchmarks, increasing utilization to 90% could generate approximately $4,200 in additional monthly revenue. This could be achieved through: • Improved scheduling efficiency • Implementing a recall system • Extended hygiene hours on select days Additionally, hygiene appointments typically lead to diagnosis of treatment needs, potentially generating additional procedure revenue.
Observation
Very High
warning

Insurance Optimization

Delta Dental claims taking 32 days vs. 18 day average

Average Processing Time
32 days
+14 days vs. average

Quick Actions