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What are your biggest management challenges?
What will you do differently this week to improve the way you do business?
I'd love to hear your ideas.
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| Successful Medical Practice |
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| Monday, 18 January 2010 21:50 | |||
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It was only a few years ago when I did some financial consulting for a doctor (whose name will remain anonymous). This doctor was making a couple million a year in a very successful practice. My job was to see how I could increase business and save money on expenses. I was shocked to find that even with a CPA on staff the practice was losing money. There were 3 issues identified that was losing money:· The first lost was the opening of a HMO practice that was bleeding the regular practice. · The second lost was hiring a bookkeeper who was skimming off the money collected for services rendered. · The third lost was hiring interns who didn't understand "business". The third issue is the one I want to focus on. I would hope that medical schools are now equipping physicians with the basics of "building a successful practice". I do believe that it is most important for doctors to learn to save lives, but they must also learn to protect their practice or they won't be around long. There are certain factors that a physician can start today to build their practice, save money and have money available for expansion, buying equipment and hiring staff. I have written a Free report about: How to build a Successful Medical Practice". It's free. I have been a patient of doctors my whole life with one thing or another and I believe that they really care. So, I have written this short report for you.
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