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    Boost your revenue in 2017 and beyond

    Not as busy as you’d like?

    Tip: Consider patient convenience.

    Are fewer patients scheduled each day? Ask your office manager to give you a  monthly count off of appointments scheduled for 2016 and 2015. Did you grow, stay flat, or decline? You need to see patients to generate revenue. Have you considered the convenience of the patient?

    Patients are busy. Fitting in a medical appointment during the workday when patients have to coordinate time off and other schedule commitments make alternative care models very appealing. Your patients may be visiting a retail clinic that opens earlier than your practice or stays open later. Your patient may be going online for a teleconsult.

     

    Related: How to overcome payment obstacles in 2017

     

    Increase your revenue by changing your appointment calendar and promoting your new availability. Open earlier or start your day later and extend your hours, depending on the desire of your patients.

    Spending too much on expenses?

    Tip: Reduce even small expenses.

     

    Popular online: 5 mistakes doctors make that can cause big problems

     

    New revenue is good but can also increase variable costs, such as medical supplies. Reduce expenses and you increase profitability. 

    Even small expense reductions can add up.

    Next: Do you have room for more revenue?

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