Increase Your Practice Profits By Developing A 2019 Budget (Online-Only Article)
Are you happy with your practice’s current profitability? If you’re like most doctors, the answer is “no.” That means you need to spend more time working on your practice, rather than in your practice, to produce better results.
Projecting 2019 Income
You should start by analyzing your practice’s production. Are you operating at full capacity, meaning being as busy as you want to be? If you’re lucky enough to join the 5% of doctors who are, you can afford to spend only a minimal amount of time and money (1% of collections) on marketing. Otherwise...
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