The Profitable Practice Paradox:
Growing Without More Chairs
Do you feel like you're working more, adding chairs, or hiring extra staff just to hit financial goals? What if profitability isn’t about doing more but optimizing what you already have?
This webinar will reveal how to close profit gaps—like uncollected production and hidden overhead—so you can grow without increasing your workload or burning out.
Key Takeaways:
- Understand Your Write-offs: Small oversights in write-offs and collection processes can lead to significant revenue loss. Fixing them can instantly boost your bottom line without additional hours worked.
- Insurance Adjustments: Most practices write off 30-40% of gross production due to contractual agreements with insurance carriers. Learn how to minimize these losses.
- Membership Plan Adjustments: See how membership plans can help retain uninsured patients and ensure that your fees support the discounts provided.
- Elective Adjustments: From “Friends & Family” discounts to “Senior Citizen Courtesies,” find out how to keep tabs on what you’re giving away.
- Collect What You Produce: A key to growing your revenue is collecting 100% of what you net produce. Learn how to improve your collection processes and avoid revenue loss from overdue accounts.
Final Takeaways:
- By maximizing your existing resources, you can unlock hidden profits without working longer hours or expanding your practice. Taking control of your overhead and managing expenses efficiently can significantly impact your bottom line, allowing you to increase profitability without additional stress. By closing financial gaps, such as uncollected production and unnecessary overhead, you can achieve sustainable growth while maintaining balance and avoiding burnout.
Speaker Bios
Learn more about Kirk Behrendt & Miranda Beeson.
Computer Requirements
This course will be conducted online via a Zoom meeting. You will need a computer and internet connection to participate in this Webinar. Participation will be via online chat, only.
CE Credits
Participants are eligible to earn 1 (one) continuing education credit for this Webinar.