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Townie® Poll

Finance

Poll conducted from 2/17/2021 To 3/9/2021

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%
2019-2020
9%
2018-2017
14%
2016 (or before)
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
May 2021
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