The Hidden Reasons Behind Low Practice Profits

Most owners intuitively know what their business needs - more staff, more space, more patients. Using data can remove some of the uncertainty that may be inhibiting your decision-making and practice growth. CEPA Nathan Hayes of IDOC shares some surprising results drawn from a newly released report on financial benchmarks that can help you understand where your practice might be missing the mark.

Standards for cost of goods are changing, inflation is impacting practice revenue, and much of our historic understanding of healthy financial ratios is in need of a rethink. Digging into financial benchmarks can help you clarify your understanding of your practice performance and formulate a plan for your business's future.

Download the Report Here

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