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BECOME A WELL-MANAGED PRACTICE®
Remember the day you opened the doors to your own practice? It was great for a while. You
worked hard to build your client base and the practice grew. Now, you haven't had a Saturday
off in four months and rather than healing animals you're spending your time trying to manage
a business that takes you further and further away from practicing medicine and enjoying life.
Some practice owners view management and medicine as opposite ends of the spectrum. Not true.
If you neglect management, your medicine will eventually suffer. Good management is not really
about the money; it is about the ability to practice good medicine.
Now is the time to make the decision to become a Well Managed Practice® (WellMP).
Why? WellMPs typically:
- Have the financial resources to offer the best in medical care. WellMPs have the cash
to invest 3% to 5% of their annual revenue in new equipment, vehicles, and technology;
they have the resources to hire the best and brightest staff and doctors and keep them
well-trained and well-compensated; and they routinely upgrade their facilities for greater
medical efficiency and accessibility.
- Pay you (the WellMP owner) higher compensation - $210,000 to $245,000 versus the national
average of $109,000.
- Give you more time for yourself and your family - working 40 to 45 hours per week versus
the national average of 52 hours.
- Sell for a higher value - almost twice the value of average practices of similar size and
revenue.
Well-Managed Practices operate efficiently. They continue to improve medical care as well as
productivity. They enjoy a high average charge per transaction and strong client compliance.
They know how to attract and retain clients. And, they provide personal financial independence
for their owners.
Becoming a Well-Managed Practice® doesn't happen over night. It's a step-by-step process and some
steps take longer than others. Using our extensive experience, the process will go smoothly, quickly,
and painlessly. We're here to guide you every step of the way. And, we're here to help you avoid
information anxiety from sorting through the mountains of information that end up on your desk.
We'll separate the wheat from the chaff and show you how to focus on what's really important. See On-Site Management Services and Distance Management Services.
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