By the Numbers: Monitoring the Vital Signs of Your Practice

Top practice owners understand the importance of running their practice as though they might sell it – even if they have no intention of doing so. The key to a thriving practice is focusing on the critical numbers that drive practice valuation, ensuring sustainability through economic fluctuations or unexpected challenges, like a pandemic. In this session, Dr. Mark de Wolde will interview Raj Raheja in an extension of the newly formed CLUB250, where Raj will share the essential metrics that top practice owners follow to maximize profitability, improve their lifestyle, and set themselves up for success, regardless of what the future may hold.

• List the 4 key numbers that determine a practice’s financial health.
• Assess how these numbers impact valuation and exit strategy as well as ongoing practice management.
• Use metrics to drive profitability and practice value.