During the first quarter we will be adding a new function to our website. It will be call T.R.A.D.E. The Residents and Doctors Exchange. This will be a site for residents and doctors to search for associates and associates to find doctors looking for associates. We are excited about this [...]
On August 25, 2009 at 9:00 p.m. eastern time Mike Crosby of Provider Resources, LLC and John Guiliana, DPM will host and moderate a conference call on How Financially Healthy is your Practice and Key Benchmarks. To particiapate in this timely call contact the AAPPM office at office@AAPPM.org or call (978) 646 9091. Included on this [...]
A new service is being offered by Provider Resources, LLC. The RPM Program. Call and find out about this way to enhance practice operations through web based services and exclusive access to practice resources. Call (888) 776 2430. Ask about RPM.
Provider Resources, LLC President Mike Crosby will be one of the guest moderators on the July 28th conference call regarding Associateships, Partnerships and Buy-Ins. Also moderating the call will be John Guilliana, DPM from New Jersey and Nicole Potochar, PNC Bank, New Jersey. Call AAPPM at 978 646 9091 to register for the call.
Recently while speaking at a meeting the question was raised “How do I know when it is time to add an associate?” After a brief discussion the point was raised about volume. The answer derived was based on the law of diminishing returns:
“Adding an associate makes sense when your volume grows to the point
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What matters most is a common phrase used in today’s business environment. It is no different in a podiatric medical practice. What really matters is always at the top of the list and in this article we will explore what matters most in today’s practice environment.
Cash Flow
The most prevalent question [...]
As a practice management consultant I often receive phone calls asking the question “When is the best time to add an associate?” While most individuals are looking for a specific answer, the reply is quite involved and requires a very serious review and analytical look at the situation of the practice, the market, and the [...]
Today, the majority of new practitioners are coming out of residency training with significant school related debt. Because of this and a lack of knowledge about running a business, most want to join a practice as an associate with an option to buy-in. Many agree this approach gives the associate and the owner the opportunity [...]
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mcrosby@providerresources.com |
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888.776.2430 |
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skype: provider.res1 |
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