Financing, capital, and bookkeeping for medical practices.
A medical practice valuation is a formal estimate of what your practice is worth: the fair market value a willing buyer would pay a willing seller. Most practices are valued using one of three approaches (income, market, or asset-based), and the number that matters most is not revenue but adjusted earnings. As a rough benchmark,…
Working capital for medical practices is the cash a practice keeps on hand to cover day-to-day operating costs, such as payroll, rent, supplies, and software, while it waits for insurance reimbursements and patient payments to arrive. Because healthcare carries one of the longest accounts-receivable cycles of any small business, even a profitable practice can run…
Physician compensation models are the structured formulas a medical practice uses to decide how much each physician earns. The most common physician compensation models are straight salary, productivity-based pay (usually measured in work RVUs), net collections, equal share, base salary plus incentive, and value-based or quality-driven plans. Today most practices use a hybrid physician compensation…
Medical practice financing is the set of lending and capital options a physician-owned practice uses to fund growth, cover short-term cash flow gaps, buy equipment, or open a new location. The seven most common medical practice financing options are SBA loans, conventional term loans, business lines of credit, working capital loans, equipment financing and leasing,…
Medical practice overhead costs average nearly 60% of revenue. Learn 9 proven, practical ways to cut expenses and protect your practice’s margins.
Bookkeeping for medical practices made simple: 8 best practices to keep clean books, improve cash flow, and make confident financial decisions.
The Equipment Challenge for Growing Practices Medical equipment represents one of the largest capital expenditures a practice faces. Whether you are opening a new clinic, expanding into additional specialties, or replacing aging equipment that no longer meets clinical standards, the financial decisions you make around equipment acquisition directly impact your practice’s cash flow, tax position,…
