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Unlike Many, sikka.ai Hasn’t Been Shocked by Inflation – Its “Dental Inflation Indicator” Predicted It

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When inflation recently hit its highest year-over-year increase in more than 30 years, it showed what sikka.ai was already seeing in dental recall appointments. Dentists see patients more often in a year than physicians, on average, and are a primary line of healthcare contact…leading to explosive improvements in both diagnostic and economic indicators.” — CEO and Founder Vijay Sikka SAN JOSE, CA, USA, November 24, 2021 — The American Farm Bureau estimates that the prototypical Thanksgiving dinner costs 14% more this year than last, used cars continue to fly off lots, and dollar stores chains are being forced to revisit both their pricing strategies and even their names. Indeed, inflation is the word on everyone’s lips these days. Enter  sikka.ai ’s Dental Inflation Indicator™,  as discussed recently on CNBC’s “The Exchange” . “Dentists see patients more often in a year than physicians, on average, and are a primary line of healthcare contact with the population. This is leading to exp

sikka.ai Presents Insightful Newsletter #7: You Can Find Successful Practices Anywhere

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If you haven’t had the chance to check out the rankings of states by average dental practice scores from our Sikka Success Report™, do it today –  it’s fascinating . When we noticed that Vermont had long been holding down its lofty perch at or near the top of the rankings, we asked the question, “Is this just because it’s a ‘rich’ state?” For that matter, is the success of a state’s average practice tied to its per capita income? We’re happy to report that it’s not: Show Me More Trends The correlation is negligible, at 0.056 (i.e., any difference in per capita income only explains 5.6% of the change in Practice Success Score, and vice versa). And Vermont isn’t a particularly high-income state, anyway, as you can see. In effect, it “punches above its weight” in the success of its dentistries. But we didn’t stop there – we were having too much fun making scatter plots. So next we tried correlating the average state resident’s yearly dental spend with our success scores: This time, we do

Optimization & Automation for the Rapidly-Changing Veterinary Landscape

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We’re busy, overbooked, stressed, mentally exhausted and – on top of it all – we’ve fallen behind on our practice management tasks. Instead of focusing on the obstacles we currently face in the veterinary industry, let’s shift the conversation towards strategies, solutions and new approaches that we can use to create a more sustainable work-life balance. Watch the webinar We’re delighted to invite you to a discussion on cutting-edge best practices and tools for reclaiming invaluable “me time”! Join us for a webinar entitled “Optimization & Automation for the Rapidly-Changing Veterinary Landscape.” In this webinar, you’ll learn about: How automation can assist with daily practice management tasks What customers want and how to optimize customer experience from start to finish How technology can help build your brand with reputation management

Veterinary Industry-Leading Payments Platform SikkaPay™ Now Compatible with Apple Pay and Google Pay

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sikka.ai has released a host of updates to both the guts and the look of its revolutionary payment-processing (and payment-obtaining) interface. SAN JOSE, CA, USA, October 20, 2021 — The all-new version of SikkaPay™ adds a dizzying array of vet-centric functionalities, highlighted by the ability to accept Apple Pay, Google Pay, Samsung Pay and other NFC-based payment standards. But the improvements don’t stop there, as the platform incorporate several social distancing-friendly “killer apps” for your pet parents’ safety and convenience, including: – contactless in-person options such as tap-to-pay and the aforementioned Apple Pay and Google Pay; payments in the exam room! – mobile app-based payments, using sikka.ai’s Practice/Patient Mobilizer suite; payments collected before the pet owner returns for pickup and/or for those curbside visits! – online payments, branded with your practice logo and details; a link can be integrated into your existing website in just minutes – installments

Smoking Gums – Using Oral Care Data To Identify Self-Reported Misinformation for Life Insurance

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Continuing our insurtech webinar series, I’m delighted to invite you to a discussion about cutting-edge topics in life insurance entitled “Smoking Gums – Using Oral Care Data To Identify Self-Reported Misinformation for Life Insurance.” Jeff Pickett  (AVP, Growth Marketing at Sikka) will moderate this roundtable on addressing applicant misinformation. The panelists are  Lewis Goldman  (General Manager of Sikka Insights’ Insurance Business),  Dan Brown  (AVP, Chief Underwriter, Baltimore Life),  Brian Lanzrath  (Director of Analytics, ExamOne) and  Nick Irwin  (Director, Life Underwriting, Verisk). Watch the webinar In this webinar, you’ll learn about: The problem of applicant misrepresentation, either unintentional or deliberate, and its impact on underwriting The cost of misrepresentation, especially by so-called “smoking liars,” both to carriers and to nonsmokers that end up paying higher premiums The challenges with existing data sources in indicating various preexisting conditions

sikka.ai Presents Insightful Newsletter #6: Data Is Your Safeguard Against Inflation

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“ Insightful ” Newsletter #6, October 2021 Between August 2020 and August 2021, the PCE price index tracking consumer spending, from the U.S. Bureau of Economic Analysis,  rose 4.3% –the fastest pace of inflation since 1991 . See Fees for Your Zipcode We’ve seen the same phenomenon in the dental world. The average fee for an adult prophy  increased 3.1% between 2020 and 2021 , which is higher than the change over the past two years (2018-2020) combined. To stay up-to-date with the retail healthcare industry, subscribe to our monthly data-focused newsletter here:  https://bit.ly/3uwLhiE

SikkaPay™, Premier Payments Platform for Dentistry, Launches New User Interface

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SikkaPay™ integrates with all major practice management systems and versions, and it allows patients to pay from anywhere, anytime. “One of the most efficient ways to take control of our finances to get paid faster. Collecting payments through text2pay and web2pay has been a game changer…improving our collections by 15%.” — Roy Reynolds, Office Manager at Nova Family Dentistry of Tyrone, GA SAN JOSE, CA, USA, September 28, 2021 — SikkaPay™, the leader in dental payments processing since its inception two years ago, has gone and made a good thing even better, refreshing its user interface with a clean, up-to-the-minute look. As demonstrated in a new, humorous video entitled “ Don’t Get FOMO, Get SikkaPay™ ,” the new UI brings the quality of SikkaPay’s look in line with its performance – namely, an array of functionalities that reflect dental practices’ specific requirements. This ever expending list of “killer apps” already includes: – automatic payment posting to the majority of the pr