Thrive Certification Flashcards
What happens if the client does not hit their 80% thrive commitment?
They will be removed and no longer eligible to receive Thrive Benefits
How does the 2% rebate work?
- The customer must meet their 80% consumable overhead spend commitment
- Their year-over-year supply spend must be above what it was last year
Their 80% commitment is derived from their signed Thrive Service Agreement
-New customers who meet their 80% commitment get a 2% rebate on all supplies purchased through Henry Schein
Example of 2% rebate
- Customer meets their 80% commitment
- 12-months (before Thrive) - $25,000
- 12-months (after Thrive) - $40,000
- +$15,000 Growth
- 2% of $15,000 = $300 rebate (given in the form of a check)
Who is a Thrive target?
ANY private practice customer – existing or new – is a target for Thrive if they are not a current multi-site customer or a member of one of our Alternative Purchasing Channel (APC) partners
What are the Thrive KPIs
-Key Performance Indicators that quickly show key metrics for a dental practice – these include daily performance, analytics, and trends
A typical dashboard costs?
Ranges $300-$500 per month
What should be a practices reappointment rate
80-85%
A one dentist practice should typically see how many new patients per month?
25-30
What are the two most impactful KPIs
Patient not rescheduled and reschedule opportunity
How does the 2% rebate work for new thrive customers
Customers who meet their 80% commitment get a 2% rebate on all supplies purchased through henry schein
Currently Thrive KPI’s only work with what software?
- Dentrix core
- Open Dental
- Eaglesoft
What is the membership cost for thrive?
1,000 per year
What are the thrive member benefits
- Analytics package ($2,650 Value)
- Thive App
- Shipping included ($700 Value)
- Equipment & Technology Certificate ($1,000 Value)
- Premium Service ($900 Ave. Value)
- Annual 2% rebate on incremental merch spend
- Thrive Exclusive special Offers Across the complete HS portfolio ex. $,5000 discount on DBI tuition
- First to know about limited-time or quantity inventory drops and product specials
- Access to Thrive by Henry Schein events
- Concierge team access—a dedicated team to help ensure a premier experience
Whats included in the Analytics Package benefits for thrive?
- Free HSPA
- Key Performance Indicators (KPIs) snapshots
- You can continually monitor your success
Explain the Shipping Included benefit
Free shipping on merchandise orders over $199