Consider adding one more hour of patient visits

Written by Reed Tinsley | November 8, 2007

If you have patients waiting to be seen—perhaps scheduled weeks or months ahead—consider the economics of adding one hour to your office visit schedule. The resulting extra take-home pay may be enormous.

There is a tremendous dollar value in seeing additional patients. If adding another exam room allows you to see one more patient every other hour, you may realize an extra $18,000 of income per year. The same is true if you change your appointment patterns so more patients can be accommodated within the same time.

Considering the sorry state of reimbursement these days, this almost seems like a necessity!

About the Author

Reed Tinsley CPA

This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on accounting & tax, practice management, and financial planning. Schedule a Free Consultation.

Have questions? I’m here to help.

Categories
Accounting and Tax Services Litigation Support Managed Care Consulting Managed Care Contract Negotiations Medical Practice and Healthcare Entity Valuation Medical Practice Assessment Medical Practice Brokerage Medical Practice Embezzlement Consulting Medical Practice Management Medical Practice Merger Advice Medical Strategic Planning Newsletter Personal Financial Planning Oversight Physician Compensation Models Physician Compliance Physician Financial Management Services Retirement Uncategorized