𝐍𝐨𝐭 𝐬𝐮𝐫𝐞 𝐰𝐡𝐞𝐫𝐞 𝐲𝐨𝐮𝐫 𝐦𝐞𝐝𝐢𝐜𝐚𝐥 𝐬𝐩𝐚’𝐬 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐚𝐫𝐞 𝐠𝐨𝐢𝐧𝐠? 😓

It can be frustrating and stressful when revenues are great, but there’s nothing left to show for it. If your expenses are eating into your profits, it’s time to get strategic.

Here’s 𝐡𝐨𝐰 𝐭𝐨 𝐟𝐢𝐧𝐝 𝐞𝐱𝐭𝐫𝐚 𝐜𝐚𝐬𝐡 in your business:

𝟏. 𝐀𝐮𝐝𝐢𝐭 𝐲𝐨𝐮𝐫 𝐞𝐱𝐩𝐞𝐧𝐬𝐞𝐬 –

Look at every cost and cut what isn’t necessary.

𝟐. 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐩𝐫𝐢𝐜𝐢𝐧𝐠 𝐟𝐨𝐫 𝐥𝐨𝐰-𝐦𝐚𝐫𝐠𝐢𝐧 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬 –

Some treatments might need a price adjustment. Review the costs of providing each service.

𝟑. 𝐓𝐫𝐚𝐜𝐤 𝐥𝐚𝐛𝐨𝐫 𝐞𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 –

Review utilization and ensure both your providers and front office staff are working at optimal capacity.

These steps will help you understand where your profits have been going so you can stop the money leaks ✨