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How to Help Your Medical or Dental Practice Survive the COVID-19 Pandemic
Medical and Dental practice owners are facing unprecedented times as they try to figure out how to survive the partial and potentially full
Doctors CFO
Mar 19, 20207 min read
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The Importance of Synergy for Continual Improvement in Your Medical or Dental Practice so 1+1=5.
It is impossible for one person to summon all the knowledge necessary to make an idea complete. Therefore it is better to bring 'seeds' or s
Doctors CFO
Feb 17, 20207 min read
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What Do Financial Statements Tell You About Your Medical or Dental Practice?
Though the profit and loss, statement of cash flow, and balance sheet are necessary for any business, financial statements for a Medical or
Doctors CFO
Jan 23, 20207 min read
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Why Is It Important to Understand Your Practice's Financial Condition?
Whether they specialize in dental, chiropractic, podiatry, dermatology, integrative medicine or any other medical or dental specialty; it is
Doctors CFO
Jan 8, 20206 min read
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What is a Chief Financial Officer (CFO)?
Like a doctor, a CFO needs experience in and out of the classroom. Typically they have an accounting degree and a Masters in business.
Doctors CFO
Dec 30, 20197 min read
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How to Make Smarter Purchases for Your Practice.
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?
Doctors CFO
Dec 11, 20195 min read
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Reputation Protection: When You Throw a Doctor Under the Bus, You Throw the Profession Under the Bus
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
Doctors CFO
Nov 21, 20196 min read
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How to Plan for Employee Salary and Raises
From our experience in medical consulting and dental consulting we know that employee salary, bonuses, and raises are a strategic way to mot
Doctors CFO
Nov 7, 20196 min read
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What is the Most Important Question to Ask Yourself When Evaluating an Employee?
Holding regular employee evaluations is an important part of managing your practice. Performance can be monitored and employee growth can be
Doctors CFO
Oct 23, 20196 min read
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What is Better, More or Less Patient Treatment Options?
For the sake of patient autonomy, often doctors feel inclined to give their patients a multitude of treatment options. While patients ultima
Doctors CFO
Oct 10, 20198 min read
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Why Should My Reporting System Be Different From My Medical/Dental System?
The focus of today's article will be on the importance of having a reporting system that is independent from your medical or dental system (
Doctors CFO
Sep 9, 20196 min read
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What are the Top Priorities of the Practice Owner? Part 6
Last week's blog post focused on a practice owner's obligation to "Stay Relevant". In our last weekly poll, we asked "Have you ever performe
Doctors CFO
Feb 5, 20195 min read
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What are the Top Priorities of the Practice Owner? Part 5
Previously, we focused on how the owner will 'Lead the Direction of Patient Care'. Because the owner has the most training and knowledge in
Doctors CFO
Jan 29, 20196 min read
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What are the Top Priorities of the Practice Owner? Part 4
Last week's post detailed how the owner should share their "story" within any marketing that is done for the practice. Though most marketing
Doctors CFO
Jan 23, 20195 min read
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What are the Top Priorities of the Practice Owner? Part 3
This post is about the owner providing their unique vision to serve as the focal point of all marketing strategies.
Doctors CFO
Jan 15, 20195 min read
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What are the Top Priorities of the Practice Owner? Part 2
This week, we will explain how to "Build a Winning Team" which is the second most important job of an owner. You should clearly share your v
Doctors CFO
Jan 10, 20195 min read
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What are the Top Priorities of the Practice Owner? Part 1
For several weeks, we discussed the priorities of the practice manager (aka office manager or team leader) and now we are going to spend sev
Doctors CFO
Jan 4, 20194 min read
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Do You Know What Your Practice Managers Most Important Job Is?
Last week we ran a poll to see what are reader thought the most important job of the practice manager was. The selections were: Manage Spe
Doctors CFO
Nov 9, 20184 min read
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