You're Wasting Money on Payroll Without This with Host, Eric Miller & Guest, Will Humphreys episode artwork

EPISODE · Mar 20, 2026 · 38 MIN

You're Wasting Money on Payroll Without This with Host, Eric Miller & Guest, Will Humphreys

from The Financial Beast Podcast for Practice Owners · host Econologics Financial Advisors

Payroll is usually the biggest expense in any healthcare practice. But most owners are not actually losing money because they pay people too much. They are losing money because they do not have the right structure, the right metrics, or the right leadership systems in place to make payroll productive. In this episode of the Financial Beast Podcast, Eric Miller sits down with Will Humphreys of Virtual Rockstar to break down one of the biggest hidden profit leaks in healthcare businesses: wasted payroll. They discuss: • Why purpose and profit must be connected in every organization • The payroll percentage metric every practice owner should know • Why admin overstaffing quietly destroys margins • How to tell whether your team expense is out of control • Why many healthcare owners struggle with money conversations • How to identify employees who are hurting your business • A practical framework for making difficult people decisions • How leadership clarity improves both culture and profitability If you own a veterinary, PT, dental, optometry, or other healthcare practice, this episode will help you understand where payroll waste is hiding and what to do about it. _________________________________________________________________________________ Want to schedule a free consultation? Visit www.econologics.com or call us at (727) 588-1540 or schedule directly at: https://hubs.li/Q03z6vvs0  Get Social With Us Website: https://www.econologicsfinancialadvisors.com  LinkedIn: https://www.linkedin.com/company/econologics  Facebook: https://www.facebook.com/econologicsfinancial  Instagram: https://www.instagram.com/econologicsfinancialadvisors  X / Twitter: https://x.com/FinancialBeasts  Vimeo: https://vimeo.com/econologics  🔒 Disclaimer Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors. Full disclosure: https://econologicsfinancialadvisors.com/legal-disclosures/ 

Payroll is usually the biggest expense in any healthcare practice. But most owners are not actually losing money because they pay people too much. They are losing money because they do not have the right structure, the right metrics, or the right leadership systems in place to make payroll productive. In this episode of the Financial Beast Podcast, Eric Miller sits down with Will Humphreys of Virtual Rockstar to break down one of the biggest hidden profit leaks in healthcare businesses: wasted payroll. They discuss: • Why purpose and profit must be connected in every organization• The payroll percentage metric every practice owner should know• Why admin overstaffing quietly destroys margins• How to tell whether your team expense is out of control• Why many healthcare owners struggle with money conversations• How to identify employees who are hurting your business• A practical framework for making difficult people decisions• How leadership clarity improves both culture and profitability If you own a veterinary, PT, dental, optometry, or other healthcare practice, this episode will help you understand where payroll waste is hiding and what to do about it. _________________________________________________________________________________ Want to schedule a free consultation?Visit www.econologics.com or call us at (727) 588-1540 or schedule directly at: https://hubs.li/Q03z6vvs0  Get Social With UsWebsite: https://www.econologicsfinancialadvisors.com LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial Instagram: https://www.instagram.com/econologicsfinancialadvisors X / Twitter: https://x.com/FinancialBeasts Vimeo: https://vimeo.com/econologics  🔒 DisclaimerEconologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.Full disclosure: https://econologicsfinancialadvisors.com/legal-disclosures/

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You're Wasting Money on Payroll Without This with Host, Eric Miller & Guest, Will Humphreys

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This episode was published on March 20, 2026.

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Payroll is usually the biggest expense in any healthcare practice. But most owners are not actually losing money because they pay people too much. They are losing money because they do not have the right structure, the right metrics, or the right...

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