You have to spend money to make money, but in order to maximize your profitability, you need to keep medical office operating expenses under control before they eat your practice alive (not unlike an antibiotic-resistant MRSA).
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Topics: Operations, Practice Management, Financial
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Topics: Financial, Business Growth, Operations, Medical Billing
Research shows that today’s average medical practice overhead is actually between 60% and 70%.
Overhead is calculated as costs as a percentage of revenue. Basically, all revenues that don’t go into your pocket.
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Topics: Practice Management, Operations, Financial
