Existing Location Growth
Scaling Physician Practices Part 4. Explore options to grow your practice without opening another location.
Measuring existing location growth, or same-store sales as it is referred to by the retail industry, is a helpful gauge to measure clinic and ASC performance. It is one of the most important success drivers and provides insights around the financial health of the practice as well as patient satisfaction and experience, which is becoming even more important in the age of healthcare consumerism. Further, understanding business trends at your locations can help shape important strategies. For instance, it influences decisions pertaining to marketing or where to expand locations.
This is the fourth part in a 5-part series on scaling a multi-site physician services practice. Subscribe to our email list or follow us on LinkedIn and Twitter for updates on our latest blog posts. To go back to our series overview, click here.