Expanding your practice and increasing its profitability
Hunter, C.
Journal of Medical Practice Management Mpm 18(4): 192-198
2003
ISSN/ISBN: 8755-0229 PMID: 12661480 Document Number: 556313
Part One of this article identifies specific operational aspects that each practice should consider to enhance its future position including increased work efficiencies and financial opportunities, capitalizing on technological resources. Part Two discusses provider expansion, expansion of procedural services, and implementation of successful marketing initiatives. By addressing these topics, the practice will strengthen its internal morale and teamwork while increasing existing revenue streams. It will also reduce operational expenses and consider new revenue sources that fit the goals and objectives of the partners.