Continued from page 1
Easy Return on Investment – A conservative scenario of $50 per treatment with just 5 treatments per day would yield $1,250 per week or $5,375 per month. The return on your investment could be less than 2 months for a typical cordless unit.
Reduced overhead – Income is
balance between gross revenues (collections) and practice overhead (total expenses). The more efficient and effective systems a practice has in place,
higher its production capacity. Higher production leads to lower overhead. Every reduction in overhead immediately translates into gains in
clinician’s income. Laser treatments can be performed by trained staff, freeing up
clinician for diagnosis and other clinician only tasks.
Make
right choice
Too many clinicians endure overly busy, stressful days without having nearly enough to show for it. Focusing carefully on income with a well thought out strategy is
only
first step in gaining control over your financial future. The second critical step is to make
right choices to improve practice productivity, and manage overhead.
James Ko, MPT, is a national consultant and successful private practice owner in Southern California. He may be reached via email at jamesko@IndeFree.com or by phone at 1.800.513.7060 This article is sponsored by www.830laser.com your source for information. Look for future articles on exciting topics such as:
Loving Your Profession Cold Laser Therapy – Look at
Business Decision Considering Laser Therapy?
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