“It has put life back into our practice. I used to dread coming into the office. Now, I feel totally re-energized.” Such were the words of a Scottsdale, Arizona physician when talking about integrating cash and ancillary income strategies into his practice.
Welcome to our series on auditing your medical practice! Auditing your practice may seem unnecessary, or even counterproductive, when you know you have all the required processes in place for keeping the practice running smoothly. But that’s precisely when an audit should occur, because standardized policies and procedures could lead to your practice falling into a rut that causes you to miss out on additional income opportunities, among other things. After all, auditing your practice does not mean that you will necessarily make changes; it simply means that you are open to new ideas that could benefit your practice.