Have you made the courageous decision to buy an audiology practice? Now what? Are you prepared to take a deep look into the business you are buying? Do you know how to evaluate the overall health of the business? Do you know how to evaluate the existing database and past financials? Will you be an S-Corp or an LLC? Where will you get the funding to pay for the business? Jumping into ownership is a difficult leap. With this amazing module led by former practice owner and mentor, Dr. Amit Gosalia, you will learn how to accurately evaluate your purchase and prepare yourself for ownership.
On the other hand, maybe you’re ready to sell your practice. You’ve built a practice of hundreds, maybe thousands of patients that you have helped over the years. Now, it’s time to plan for a transition. Do you know the value of your practice? Will you stay on after the sale? Will the patients who have trusted you for many years stay with the practice? Will the new owners take care of your patients as you have? These are stressful thoughts, but there are solutions! Dr. Amit Gosalia will share the pearls and pitfalls of selling your practice as well as strategies to make sure you don’t leave any money on the table!
Goals of this course include:
Would your bottom line benefit from a source of predictable diagnostic income? Learn how to leverage your existing staff, clinic space, and equipment to generate (or revitalize) a revenue stream from VA compensation and pension exams. Even if you have tried and failed at this endeavor before, with improved direction, success can be yours. Capitalize on diagnostic work happening in your neighborhood now and see your revenue stream grow with proven methods I use in my own practice. This is not limited to practices in a specific geographic area or proximity to VA facility. New and experienced business owners are welcome!
Course objectives:
Have you ever had a patient report they have tinnitus? Do you pray they don't bring it up while your counseling so you don't have to address it directly? Have providers in your community reached out for help with a difficult patient? Do you have a plan of action or do you lose this opportunity?
Tinnitus and tinnitus management don't have to be a daunting skill set to incorporate into your practice. Not only do many of your already existing patients report tinnitus but roughly 50 million Americans report experiencing it too. Use your skills as an Audiologist to not only manage your patient's hearing loss but address their tinnitus needs. Market to your community for tinnitus awareness and tinnitus management. It not only expands your patient reach but also your marketability.
In this course you will learn how to: