The Group Practice Exchange

Episode 103 | [Money Matters] Increase Profits without Adding Any Clinicians or Services


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Hey Group Practice listeners! In this money matters episode, I'm talking all about how to increase profits in your group practice without adding any new clinicians or services. In this episode I cover:

  • Getting discounts with your operating expenses to increase your profits
  • Checking alternative services who's costs may help increase your profits
  • Increasing out of pocket and insurance rates
  • Becoming an affiliate

This episode is sponsored by TherapyNotes. TherapyNotes is an EHR software that helps behavioral health professionals manage their practice with confidence and efficiency. I use TherapyNotes in my own group practice and love its amazing support team, billing features, and scheduling capabilities. It serves us well as a large group practice owner. Do you ever wish for a financial therapist who could relieve you from the last few months' bookkeeping, talk you off the edge when you're running into issues with Quickbooks, or help you work through a profit plan for growth? GreenOak Accounting does just that! GreenOak Accounting is an accounting firm that specializes in working with group practices. Their value goes WAY beyond bookkeeping; they can help you get on track for financial success. Schedule a free consultation by going to http://greenoakaccounting.com/tgpe

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The Group Practice ExchangeBy The Group Practice Exchange

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