The factors that make your practice salable include a good management team, steady profits, patient/client loyalty, a solid reputation, predictable transferability and…
10 Steps You Must Do Before Selling Your Practice
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Articles
The goal of The Practice Solution Magazine is to provide practice owners with practice management information that will assist them in achieving success.
How To Keep Your Team On-Task Over The Holidays
The holiday season is here, and with it comes every distraction that could push your employees off-task. Candy, costumes, decorations, vacation…the list is endless.
In this article, we’ll share…
5 Biggest Mistakes Practice Owners & Managers Make In Handling Employees Over The Holidays
The holidays can be a fun and festive time in your practice, but they also bring a few HR headaches to watch out for.
Here are the most common mistakes to avoid this holiday season…
How to Increase Your Collections
Every doctor has a different idea about what a good collection percentage is as well as how to collect money for services rendered.
Resolving Negativity in Your Office
Since dealing with staff bickering and personality conflicts can be a major source of stress in an office, knowing how to deal with it can be extremely useful. When you let employee situations linger too long…
How to Handle Confrontation With Your Staff
A very common confession I hear when I analyze practices is that the executive isn’t good with confrontation and thus lets things slide when they shouldn’t. I want to address this issue for a number of reasons:
Where is Your Net Profit?
Where is your net profit? Did you work hard all week just to earn less money? The bank balance should be going up, not down!
Presenting Treatment Plans – the Do’s and Don’ts
Proper treatment-plan presentation can boom your practice, give your patients the best quality of care and can give you the ability to demonstrate how much you care for your patients. It can also generate more referrals from happy patients and help the practice to grow to its fullest.
Discussing Payment: How to be Both Polite and Effective
You should always assume that a patient/client can afford the recommended treatment when discussing payment with him. Don’t be shy, embarrassed or apologetic about the cost of your services. This can give the appearance that the treatment isn’t worth the fee being charged…
14 Steps to Safeguard Your Practice From Embezzlement
More than likely, you’ve heard the horror story about a colleague whose trusted employee embezzled money from his/her practice. To preclude this from happening to you, there are steps that you could take to minimize the risk of embezzlement.