930: What’s It Cost to Produce your Production?
From a recent keynote by Dr. Mark Costes
It’s so important to understand our costs of doing business. Once these numbers are known for every single procedure your office offers, you can start to make some really sophisticated business decisions. You will be able to make much more accurate projections on new hires, raises, and which PPOs will be profitable for you. This stuff isn’t sexy, but it’s absolutely necessary.
During the show, I cover:
- How to calculate cost per procedure
- Using this knowledge to make more sophisticated decisions
- How cost per procedure plays in to new hires and raises