To boost the profitability of your practice, you as a physician must not only provide quality healthcare but also effectively employ other innovative strategies to help achieve your set revenue targets.

But what happens when you adopt all those strategies and still fail to reach your income goals? While patient acquisition and retention strategies may theoretically seem to guarantee higher profitability, that’s unfortunately not always the case.

This brings us to the most pertinent question: What can still undermine a medical practice’s profitability even after all profit-maximization strategies are implemented? The answer is INEFFICIENCIES.

Doctors unfortunately see higher risks of burnout than most other careers. In fact, according to a Mayo Clinic study, 44 percent of doctors reported feeling at least one symptom of burnout. It can be detrimental, leaving you feeling helpless, and it can even put your practice at risk. Knowing the signs of burnout and how to avoid it as a practice owner can help you stay motivated and on track.

Doctors unfortunately see higher risks of burnout than most other careers. In fact, according to a Mayo Clinic study, 44 percent of doctors reported feeling at least one symptom of burnout. It can be detrimental, leaving you feeling helpless, and it can even put your practice at risk. Knowing the signs of burnout and how to avoid it as a practice owner can help you stay motivated and on track.