Cost Saving Strategies to Save Your Practice Money

cover_DDI_Win2013_CostSavingStrategies_CB_Page_1Doctors Direct Insurance – Winter 2013
Cheyenne Brinson, MBA, CPA

Like most practices, you want to save money. Unfortunately, there likely isn’t a pot of gold hiding in your office, so focusing on ways to save $1,000 here and $1,000 there is in order. Often, we find these straightforward strategies are overlooked as they are dismissed as small dollars. These small dollars do add up to provide a sizable savings for your practice. Think of it this way — a $10,000 total reduction in overhead is 47 Level 3 established patient office visits (99213) at Medicare rates.

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