By the Numbers: Monitoring the Vital Signs of Your Practice

Top practice owners know you should run your practice like you might have to sell it – even if you never intend to. Focusing on the key numbers that drive practice valuation is also the key to having a thriving practice that can sustain through any ups and downs in the economy (and even through a pandemic!). Terry O’Neil will share the key metrics that top practice owners follow closely in order to maximize their profitability, improve their own lifestyle, and set themselves up for success no matter what the future may bring.

• 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.