We grow plastic surgery practices an average of 45% a year. For over a decade, Mentor Solutions has helped build successful, better managed and more profitable cosmetic practices. Learn more about our individual surgical practice consulting services.
Pinpointing Practice Growth Opportunities With Your Statistics
Using Conversion Data to Refine Sales Strategies
Conversion rates offer an important method of evaluating and growing your practice. By combining procedure, source, physician and staff data, you can take advantage of your practice’s strong points or identify weaknesses that inhibit achievement of your goals. Most importantly, you can use conversion data to pinpoint opportunities for growth.
Understanding Revenue Per Hour Concepts
Revenue Per Hour (RPH) is another method that can help you pinpoint revenue growth opportunities. RPH varies per surgeon and market as it reflects both operating times and market rates for professional fees. Mentor Solutions pioneered using RPH as a mechanism for evaluating various procedures relative to your revenue goals.
Focusing on Profitable Procedures
Not all surgical procedures are of equal value. This course uses revenue and scheduling data to help you find your optimum procedure mix. While surgeons may choose to focus on procedures that produce lower revenue and/or are harder to schedule, having information to make informed decisions is clearly advantageous.
For more information about our staff development services call us at 800-994-6367 or contact us online.
