Outpacing Inflation in Private Practice

What this episode covers

Outpacing Inflation in Private Practice Lifestyle creep is hard to fend off even during normal times. Parkinson’s Law basically state that expenditures rise to meet income. As you earn more money, your needs increase and you end up spending more money. When you are living in a high inflation economy, it is even worse, and hard to overcome. In this episode, I outline 6 ways to outpace inflation in private practice. Each one of these six could help you grow 10% but adding them all up will allow you to not only outpace inflation, but exponentially grow as well. These 6 strategies are: • Improve Profit Margin: Understanding and Improving Your $OVA • Improve Profit Margin: Optimizing Your Hourly Capacity • Stop Doing $20/Hour Tasks • Fill Your Schedule • Cut Your Costs • Develop Your Team I am also giving you a full series on outpacing inflation in private practice where I dive deep into each of these topics in short lessons that provide you with actionable steps. You can find this full series here https://bit.ly/mcminflation We would like to also thank our sponsors: New free SEO training for chiropractors https://propelyourcompany.com/register-chiropractic-seo-workshop/

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