QCI's
These statistics gives us a way to measure key aspects of our business like laboratory, radiology and wellness
What is Quality of Care Indicators?
This information helps us benchmark key aspects of our practice
What is a Key Performance Indicator?
This is the average DVM production per year, per FTE DVM
What is $564,000?
This is the number series for Revenue accounts
What is 5000?
These are the key elements of the golden circle in order
What is first why, how and what?
We use these two numbers to calculate QCI's
What is production divided by opportunities (invoices)?
This report is a summary of practice financials for a specific period of time.
What is a profit and loss statement?
Name the 2 things impact Gross revenue the most
What is volume and ADT?
This is the number series for expense accounts
What is 6000?
These 3 things describe a why leader
What is an optimist, futuristic and imagines possibilities?
All items on the invoice are calculated for this QCI
What is dental QCI?
This figure represents the income coming into the business before expenses
What is Gross Income?
What is an average practices net income?
What is 10%?
This is the number series for Labor expenses
What is 7000 series?
These 3 things describe a How leader
What is practical, realistic and focused on processes?
Calculating QCI's is the initial step in the process. What is the other?
What is talk to my medical team coach?
Also accept
What is collaborate and get tips and tricks from fellow veterinarians
Average practice COGS is 27% of gross. What is BHC target?
What is 22%?
If doctors diagnose, treat and prescribe. Technicians should do this.
What is use their education and license?
These 4 things are included in payroll expense
What is wages, payroll taxes, benefits and meals?
This level of understanding in the Limbic brain associates with feelings, trust, loyalty, drives all behavior and decision making
What is the Why level?
EBITDA stands for this
What are earnings before interest, taxes, depreciation and amortization?
The national average for payroll is 48%. What is BHC's target for payroll?
What is 38% of gross income?
The staff controls the flow of the day and appointment schedule
What is leveraging our team?
Production compensation, management compensation, ROI and Rent are all ways do this in a veterinary practice.
What are the ways to compensate practice owners?
The level of understanding in the Neocortex level that associates with rationale, analytical thought, facts and figures, does not drive behavior
What is the What level?