Townie^® Poll

Finance

Poll conducted from 10/3/2018 To 11/1/2018

Do you offer in-house financing?	51 total votes

8%
Yes, with interest

90%
Yes, no interest

2%
No


Do you participate in PPO fee schedules?	35 total votes

60%
Yes

40%
No


What percentage of your fee is requested at start?	35 total votes

23%
Less than 10 percent

40%
10-20 percent

6%
More than 20 percent

31%
Varies by patient


How often do you review overhead?	35 total votes

51%
Monthly

17%
Quarterly

9%
Semi-annually

23%
Annually


Do you offer bonuses or incentives for employees?	35 total votes

54%
Yes

46%
No


Have you ever hired a consultant to assist with your practice finances?	35 total votes

29%
Yes, and it was beneficial

17%
Yes, but it was not worth it

31%
No, but I am open to the idea

23%
No, and I never will


Do you rent or own your office?	35 total votes

46%
Rent

54%
Own


When did you last increase your fees?	35 total votes

34%
This year

43%
2016-2017

9%
2014-2015

14%
Before 2014


Who or what do you turn to for most financial advice regarding your practice?	35 total votes

20%
Colleague/peer

31%
Financial adviser

26%
Articles, books or other research

14%
Continuing education

9%
Other


Have you ever outsourced any of your billing?	35 total votes

20%
Yes

80%
No

Orthotown Magazine

January/February 2019

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Townie® Poll

Finance

Do you offer in-house financing?

Do you participate in PPO fee schedules?

What percentage of your fee is requested at start?

How often do you review overhead?

Do you offer bonuses or incentives for employees?

Have you ever hired a consultant to assist with your practice finances?

Do you rent or own your office?

When did you last increase your fees?

Who or what do you turn to for most financial advice regarding your practice?

Have you ever outsourced any of your billing?

January/February 2019

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