Evaluating the success of your practice can be daunting. What metrics should you use? Are there accurate benchmarks to compare to? Where do you start? Benchmarking your productivity and profitability is simple with the new edition of Financial & Productivity Pulsepoints. New data in this edition: * How AAHA-accredited practices, nonaccredited practices, and nonmembers differ * Types of managers * Administrative employees, technicians, assistants, receptionists, and kennel employees per veterinarian * Statistically significant changes from 2003 to 2005 * Revenue per nonveterinarian employee * Net income before owner compensation per owner * Evening and weekend hours * Number of full-time veterinarians within a one-mile radius and a three-mile radius * Audited medical records in last year for how often treatment recommendations were made when indicated * Audited medical records in last year for rate of client compliance with treatment recommendations Financial & Productivity Pulsepoints gives benchmarks for: * Productivity, including income per veterinarian, average transaction charge, active clients per veterinarian, number of new clients, and more * Revenue, including revenue per square foot, revenue per hour of operation, dentistry income as a percentage of total income, laboratory income as a percentage of total income, and more * Expenses, including staff salaries, drugs and medical supplies, laboratory, food, over-the-counter products, employee benefits, marketing, communications, rent, professional fees, and more * Other gotta-have-it data, including frequency of fee increases and number of competitors nearby This resource helps you: * Keep up with the competition * Set standards for doctor and technician productivity * Develop accurate reports on practice progress that you can give to owners, managers and doctors * Manage more efficiently and improve the practice's bottom line
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