Week of October 12, 2024: Save money on medical practice essentials + Halloween marketing ideas

Cutting costs is vital for your practice’s success. This week, Dr. John Scala shares simple, practical tips to help you save on essential supplies. Optimizing your revenue cycle is also crucial — we’ll show you how to develop a dashboard with key performance indicators, so you can stay on top of your practice’s financial health with ease.

Additional top stories in this week’s newsletter:

Also, the decision to go solo is a dream for many practitioners — but not all that glitters is gold. Here's how to weigh the costs and benefits before starting a solo practice — and a free playbook with key strategies to succeed.

In this month's installment of "The Business of Medicine," Dr. Scala shares tips on how to save money when buying necessary medical practice items — such as office supplies and equipment, medications, and vaccines. 

Managing the purchase of these items is not just about finding the best deals — it’s about balancing cost, cash flow, and quality to maintain a well-equipped practice. Whether you’re setting up a new office or streamlining operations in an established one, leveraging buying groups, exploring used equipment, and maintaining multiple supply accounts can lead to significant savings.

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