When most people think of a successful careerist, including medical professionals, they think of someone who can afford a lavish lifestyle and its entrapments—a home in a gated high-rise community, a swanky car or two, and the best educational institutions for their children. If these successful careerists are queried on…
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To avoid a cash-flow crunch, ensure that your revenue is adequate for your practice
Physicians who run their own clinics have many responsibilities: patients, employees, facilities, and their own income. Carefully tracking revenue and expenses must be a top priority, however, because a clinic cannot survive without adequate funding. “Financial review is a must for any business. In addition to stimulating growth, a review…
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