8 Strategies for Practice Success in Tough Times

We went through a multi-day strategic planning session last fall. In our case, that essentially meant Tara and I sequestered away in a cheap hideaway where we could focus on the big-picture of the business, and do some great hiking when we needed a break. It was three days very well spent. One of the […]

How Much Does it Cost You to See a Patient?

On August 31, 2007, in measuring success, by Dan

The latest podcast from SoundPractice.net is an interview with Owen Dahl, MBA,, author of Think Business! Medical Practice Quality, Efficiency, Profits on the topic of the true cost of seeing a patient. It’s mainly for MD’s, but the principles are the same for any CAM practice. If accounting isn’t your strong suit, there’s a good […]

Practice Finances Podcast

On February 13, 2007, in measuring success, by Dan

The latest podcast from SoundPractice.net is “How To Stay On Top of Practice Finances”. While all the podcasts are for MD’s, there’s usually something good in there… SoundPractice.Net

Yellow Pages for Your Alternative Medicine Practice?

On August 28, 2006, in marketing, measuring success, by Dan

The new yellow pages came out in our area last week, so as usual, I took a spin through to check out the competition. To my surprise, some of the newer practitioners in the area had chosen not to advertise. Our area is pretty thick with chiropractors, and the number of naturopaths and TCM practitioners […]

Free Online Practice Assessment

On July 25, 2006, in measuring success, online resources, by Dan

At E-Myth Worldwide, you can complete a short questionnaire that ranks your business on a few different scales. While the results are generally geared towards getting you to buy E-Myth products and services, the questions themselves and the simple results might get you thinking. dan PS – For those wondering what the E-Myth is, I’ll […]

Tracking Patient Referrals for Your CAM Practice

On July 24, 2006, in measuring success, referrals, by Dan

It’s one thing to understand the types of referrals, but quite another to know which type is growing your practice. I’ve touched on this briefly before, but I want to stress it further. Tracking your referrals is actually pretty straightforward, but often neglected. For the most part, it’s a front-line job, and needs to happen […]

CAM Practice Metrics: Active Patients

On July 6, 2006, in measuring success, by Dan

Based on the last metrics post on new patients, we’ve got some idea of how many new patients we’ve got coming in the door for any given time period. Let’s go a little further, and see how many active patients you have in your practice. The term active is going to mean something a little […]

CAM Practice Metrics: New Patient Visits

On June 30, 2006, in measuring success, by Dan

The first post in our new category of “Practice Metrics” – the numbers that affect your alternative health practice. Let’s start with some basic data on new patient visits. Even the most robust practice will eventually start to dry up without a supply of new patients. For starting your tracking your new patient numbers, you’ll […]

New Patient Referrals: The 5 P's

On April 10, 2006, in measuring success, referrals, by Dan

I like to think of every new patient as a referral, even the ones that come in from direct advertising – I find it’s an easier way to build a new-patient strategy. Here’s a way to break down your referrals into 5 categories. You can break each down into sub-categories as required, and track each […]

Q: How Do I Value A Chiropractic Practice? (Part 2)

On March 23, 2006, in chiropractic marketing, measuring success, by Dan

(Click here for Part 1) When you buy a practice, you’re making an investment – you’re putting your money somewhere in anticipation of it multiplying. So just like stocks, mutual funds, or your savings account, you want the best return on your investment (ROI). The simple formula for ROI is: ROI = (benefits/costs) x 100 […]

Q: How Do I Value A Chiropractic Practice? (Part 1)

On March 22, 2006, in chiropractic marketing, measuring success, by Dan

“I’ve got an opportunity to buy some patient files from another chiropractor, but I think the price is high. How do I know how much to pay?” Good question. Let’s assume for the moment that buying files in general is a good idea. (I think it is.) Valuing a practice – or any business – […]

Looking for something?

Use the form below to search the site:

Still not finding what you're looking for? Drop a comment on a post or contact us so we can
take care of it!

Visit our friends!

A few highly recommended friends...

Join thousands of practitioners and get new articles for free!
No spam. Just great practice advice.