When did you last increase your fees? |
50 total votes |
|
| 18% |
| This year |
|
| 24% |
| 2024-2021 |
|
| 20% |
| 2020-2016 |
|
| 38% |
| 2015 (or before) |
|
|
What percentage of your fee is requested at start? |
17 total votes |
|
| 18% |
| Less than 10 percent |
|
| 41% |
| 10-20 percent |
|
| 24% |
| More than 20 percent |
|
| 18% |
| Varies by patient |
|
|
Do you offer family or sibling discounts on treatment? |
17 total votes |
|
| 76% |
| Yes |
|
| 24% |
| No |
|
|
Do you offer in-house financing? |
17 total votes |
|
| 18% |
| Yes, with interest |
|
| 65% |
| Yes, no interest |
|
| 18% |
| No |
|
|
Do you rent or own your office? |
17 total votes |
|
| 41% |
| Rent |
|
| 59% |
| Own |
|
|
How often do you review overhead? |
17 total votes |
|
| 24% |
| Monthly |
|
| 29% |
| Quarterly |
|
| 18% |
| Semi-annually |
|
| 29% |
| Annually |
|
|
What percentage of overhead does payroll account for in your practice? |
17 total votes |
|
| 35% |
| Less than 20% |
|
| 53% |
| 20–30% |
|
| 12% |
| More than 30% |
|
|
Do you offer bonuses or incentives for employees? |
17 total votes |
|
| 59% |
| Yes |
|
| 41% |
| No |
|
|
Do you create an annual budget for your practice? |
17 total votes |
|
| 35% |
| Yes, detailed and tracked monthly |
|
| 29% |
| Yes, but loosely followed |
|
| 35% |
| No formal budget |
|
|
Have you ever outsourced any of your billing? |
17 total votes |
|
| 18% |
| Yes |
|
| 82% |
| No |
|
|
Have you ever hired a consultant to assist with your practice finances? |
16 total votes |
|
| 31% |
| Yes, and it was beneficial |
|
| 19% |
| Yes, but it was not worth it |
|
| 13% |
| No, but I am open to the idea |
|
| 38% |
| No, and I never will |
|
|
Who or what do you turn to for most financial advice regarding your practice? |
16 total votes |
|
| 6% |
| Colleague/peer |
|
| 25% |
| Financial adviser |
|
| 19% |
| Articles, books or other research |
|
| 25% |
| Continuing education |
|
| 25% |
| Other |
|
|
Do you participate in PPO fee schedules? |
16 total votes |
|
| 38% |
| Yes |
|
| 63% |
| No |
|
|