Implement a Formal Reactivation Strategy to Enhance Your Medical Practice’s Profitability
Is it costing you a small fortune to attract new patients? It’s time to make calling lapsed patients a standard procedure and reap the rewards. Dr. Kim’s dental practice spent a small fortune on marketing efforts that were supposed to bring in a steady flow of patients. When she ran the numbers, however, she found […]
Implement a Formal Reactivation Strategy to Enhance Your Medical Practice’s Profitability
Is it costing you a small fortune to attract new patients? It’s time to make calling lapsed patients a standard procedure and reap the rewards. Dr. Kim’s dental practice spent a small fortune on marketing efforts that were supposed to bring in a steady flow of patients. When she ran the numbers, however, she found […]
Find Your “Sweet Spot”
Identifying your practice’s “sweet spot” can bring big results but only after you understand your constraints and have brainstormed multiple ideas to push them back. What is currently your practice’s single biggest constraint to growth? What is the one ingredient that, if you had more of it, would allow your practice to grow most effectively? […]
Expand Your Capacity by Bringing on Another Provider
It’s scary to take a leap and hire another physician when it could cost $80,000 a year. But for this doctor, risk-taking paid off handsomely. It all started with one PA. Whether you’re a small solo-provider practice looking to bring on your first employed provider, a large multi-clinic, multi-provider practice with numerous offices, or somewhere […]
Cultivate a Positive Culture
How can you make your patient’s day and add to your profitability? By building a positive culture that appreciates patients, employees, and providers. Follow these six tips. Make their day. That’s the motto of one of my coaching students, Dr. Challa. You might ask, “Make whose day?” The answer is simple: Make your colleague’s day, […]
Six More Vital Tips for Enhancing Your Practice’s Profitability
The number of ways to enhance the profits in your medical practice are endless. Consider implementing these six additional tips. A previous blog post featured six tips for making your practice more profitability. This list includes six more vital tips to integrate into your practice. 7. Centralize your scheduling. My company works with a physician […]
Six Vital Tips for Enhancing Your Practice’s Profitability
Your practice is your business, but it won’t continue unless it makes money. Don’t overlook these proven ways to boost your profit. How can you make your medical practice more profitable? These six vital tips will get you started. 1. Know your financials. When you’re trying to understand a patient’s health status, you first check […]
Build Your Master System
Build Your Master System Put your team’s know-how about running your medical practice in a tangible format versus locked in the brains of individuals. Dr. Challa is a highly successful gastroenterologist and founder of the Kansas Medical Clinic, a large and growing medical practice with offices across Kansas. As his practice expanded, however, Dr. Challa […]
Conducting a Sweet Spot Analysis™ to Find the Best Leverage Points to Grow Your Medical Practice
Here is that tool – I call it the Sweet Spot Analysis™ Tool. We developed this tool to help our medical practice coaching clients have a simple way to determine the very best ideas that they could implement each quarter to grow their practice in the face of too much to do and not enough time in which to get it all done.
3 Simple Steps to Create a 1-Page Quarterly Action Plan for Your Medical Practice
Growing a medical practice the right way requires that you balance keeping a clear focus on those fewer, better things that will make a leveraged difference for your practice and that you stay flexible to learn and adjust as you go.
