In his 20 plus years in practice management, Chip has advised thousands of medical practices. So it occurred to me, why don’t I ask Chip how he assesses a practice? In other words, when he is preparing to counsel a practice, what reports, data sets or financial instruments he uses to identify whether or not the practice is a financially healthy practice.
You don’t want to miss this episode because Chip share with us some of the key metrics he uses to pin point the weaknesses and strength of a practice.
As always, we’ve made this episode available on various platform. Below are the links:
And of course, YouTube:
To follow along, you may want to view this chart that Chip uses as reference.