There are multiple costs associated with running a medical practice, including staffing, rent, office equipment, infrastructure, medical devices, training and software. Keeping up with all these costs can be challenging at the best of times, and especially during a global pandemic.
Over the last 12 months, many practices have had impacts beyond keeping up-to-date with new technology. From a reduction in patients seeking care for routine or preventative health matters, through to the need to invest in new technology and education for telehealth and other remote technologies, COVID-19 has left its mark on healthcare practices across the country.
To help reduce costs, and improve your practice’s cashflow, understanding where your expenditure comes from – and if it’s necessary is the first step.
Read our report to learn about: