A lot of big, impressive-sounding words are thrown around when it comes to strategically analyzing a practice.  Rather than getting stuck in your own or someone else’s ideas, here’s a simpler way.  Give your practice  a score from 1-10 (10 being perfect) at how you rate in terms of the broad categories of finance, marketing and operations.  Then improve whatever you are weakest at until that is no longer your weakest area.  Then move on to the  next weakest area and the next until you are at least an 8 or a 9 in each of the 3 aspects.

David Zahaluk, MD is a practice optimization expert and the author of The Ultimate Practice Building Book.  His firm, Ultimate Practice Builder, takes physicians to the top 10% of their specialty – in income, time off and quality indicators - within 3 years… guaranteed.  Learn more at www.UltimatePracticeBuilder.com.

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