The AGD and Levin Group, Inc. Tip of the Day Reducing practice overhead by a few percentage points can make a huge difference in practice profitability. For example, a practice grossing $800,000 in revenue with an overhead of 66% is spending $528,000, while the practice with 60% overhead incurs $480,000 in expenses. Even a 3% reduction is a savings of $24,000. Overhead is a necessary part of running a practice, but eliminating unnecessary expenses can improve the practice’s financial health.
Posted on: Fri, 02 May 2014 12:30:00 +0000
Trending Topics
Recently Viewed Topics
© 2015