by drcfo | Dec 11, 2019 | Financial Advice, Owner Personal Development
Have you ever walked around your house and wondered “Why did I buy this?” when you have only used the item once or maybe never? The same thing may happen with medical and dental equipment if you are not really evaluating the Return On Investment (ROI) and...
by drcfo | Nov 21, 2019 | Employee Management, Owner Personal Development, Practice Marketing
A doctor’s reputation will influence the individual success of the doctor, but also has an impact on the public’s view of the specific field of medicine or dentistry. Sometimes, patients will visit your office for a second opinion and it may seem all too...
by drcfo | Nov 7, 2019 | Employee Management, Owner Personal Development, Practice Manager
From our experience in medical consulting and dental consulting we know that employee salary, bonuses, and raises are a strategic way to motivate your best employees to stay and your poor performing employees to leave. If done smartly, your poor performing employees...
by drcfo | Oct 25, 2019 | Financial Advice, KPI, Owner Personal Development, Practice Manager
Our previous article discussed the essential ingredients of an employee appraisal. In our opinion, employee reviews are over complicated with lengthy appraisals that are subjective instead of objective. In order to create an objective appraisal void of grey areas, we...
by drcfo | Oct 25, 2019 | Owner Personal Development, Practice Marketing
For the sake of patient autonomy, often doctors feel inclined to give their patients a multitude of treatment options. While patients ultimately have the final say in whether they will accept their provider’s recommended medical or dental treatment, a plethora...
by drcfo | Oct 23, 2019 | Employee Management, Owner Personal Development, Practice Manager
Holding regular employee evaluations is a required part of managing your practice. For employee performance to be monitored and employee growth to be tracked more frequently, we recommend that you have smaller reviews that take 10 minutes four times a year. If you...
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