Profit Potential Analysis: Small Changes, Big Rewards

A key job of ExecTech consultants is to find the fastest ways to increase profits with the least amount of effort.

ExecTech's Profit Potential Analysis finds opportunities you are missing. For example, are you attracting sufficient numbers of new patients? Are you collecting what is owed and easily available? Is your overhead at the right level?

During the Profit Potential Analysis, we calculate the effects of minor improvements.

For example, a 5% fee increase is usually better than a 10% overhead reduction. Or a 3% collections percentage increase can mean a $100,000 annual profit boost.

Getting tougher on cash patient collections may boost your monthly profits by $2,000. But adding five new patients per week can increase your monthly bottom line by $25,000.

For the most part, you boost your profit by rearranging your management priorities.

With the Profit Potential Analysis, you determine the profit potential of each change. You then make the easiest changes first. Every practice has different losses and opportunities.


Click here to begin the Profit Potential Analysis.

 

 
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