Is your overhead “low”—like less than 40% or less of gross monthly collections, not including your salary as part of your expenses?
If not, do you wish that it was?
Be careful what you wish for.
Here’s why…
Low overhead rarely means high gross profit.
Typically, practices with “low overhead” collect less than 10k a month.
…and to the doctors who own them, the thought of higher overhead, even if it means way more profit, is usually scary to them.
And if you are reading this email, then odds are, the subject interests you.
It shouldn’t.
Because, it’s not about low overhead, it’s about how much money after taxes you get to take home each month.
…and how do you increase that?
By focusing on new patients, referrals, and reactivations.
- Marketing
- Clinical outcomes
- Patient Satisfaction
- List building
- On and offline value added communication
- Accurate thinking
- Time management
- Getting things “done”
- Etc..
