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Master of Science, Healthcare Administration. Certified Healthcare Business Consultant. Certified Business Appraiser. Certified Valuation Analyst.

Tuesday, August 31, 2010

On the Flipside: When trimming overhead in a medical practice goes too far

I wrote an article about managing medical practice overhead expenses by looking for some creative ways to cut cost. Also found this blog entry on MGMA about being mindful about not going too far. When margins get leaner it can be tough to manage all of these aspects, but cash flow in the practice tantamount to operating a successful practice. The important thing is ascertain which expenses need to go and which cuts would cause strife within the practice. Running an efficient operation is also very important to the pre-sale planning process when a selling doctor is looking to transition out.

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