#23 Step by Step Guide To Setting Prices For Your Medical Practice [Pediatric Practice Management AwesomeCast]

At the end of last year, Chip and I talked about New Years resolutions. I shared a few things I had on my list of things I wanted to accomplish in 2014 and Chip provided several suggestions we could do as a practice. One of Chip's resolutions for practices, was to adjust our pricing. I wrote his suggestion down. The truth is, I haven't looked at our pricing in a couple of years. So I knew it was time. The thing is, I wasn't sure if I was … [Read more...]

#9 Marketing Your Pediatric Practice [Practice Management VideoCast]

Marketing is a topic that most private practices are interested in. Who doesn't want to get the word out about their practice and draw more patients, right? When we think about marketing, however, we often focus on the tactics. In other words, we think about whether an ad in the paper or a post-card or social media is better than mailing a letter to daycares in the area announcing the new doc that joined the practice.  But marketing is much … [Read more...]

#7 Key Metrics We Should Use to Gauge the Financial Health of Our Medical Practice [Practice Management VideoCast]

In his 20 plus years in practice management, Chip has advised thousands of medical practices. So it occurred to me,  why don't I ask Chip how he assesses a practice? In other words, when he is preparing to counsel a practice, what reports, data sets or financial instruments he uses to identify whether or not the practice is a financially healthy practice. You don't want to miss this episode because Chip share with us some of the key metrics he … [Read more...]

First Ever Pediatric Practice Management Video Cast

When Chip Hart and I get together, we usually have very interesting conversations regarding practice management issues. I usually ask questions or share some of the challenges I'm currently facing at our practice. Chip brings his pediatric practice management consultant insights into the conversation. After we are done with our conversations I always wish we would have recorded the talk. I suspect that if I found the conversation valuable, … [Read more...]