What!?! Exit strategy? Why so soon? If you are a healthcare practice owner in Canada, you might think that planning your exit strategy is something you can do later, when you are ready to retire or sell your practice. After all, you have just started your journey as a business owner and you have many
What does it take to create a seriously profitable practice. Let’s explore some key strategies that can turn your practice into a profitable enterprise. Trust me, it’s not rocket science, but it does require some intelligent moves and a sprinkle of creativity. Uniqueness First things first, let’s talk about the power of differentiation. In a
Artificial Intelligence (AI) is transforming many aspects of our lives, including the healthcare fields. AI-powered applications can help diagnose diseases, recommend treatments, monitor patients, and provide information. And the speed with which you can tap into this information is mind-boggling. While Artificial intelligence (AI) is changing the way we communicate, including in the healthcare sector,
Have you ever noticed times when you and the rest of the team start off the morning happy and energetic and then someone comes in last and the mood and energy of the rest of the team goes down? If it is always the same person creating that effect, this may be a sign that
Staffing your healthcare practice is the number one frustration in most practices. This is a universal situation, and it was made much worse thanks to a certain pandemic and the aftermath. Here’s a question for you: What is the real problem? Is it a shortage of staff that are available on the market right now?
Three years since the pandemic rocked our world and turned it upside down, and still it continues today with no clear end in sight. Although we are learning to “live with it”, there are many resultant effects that are holding us back from fully recovering our equilibriums and returning to pre-pandemic energy levels. Healthcare Practices
If you don’t have a blog that you write from time to time and you don’t know how it can affect your practice growth, read on. This is a very simplified series of explanations that even I can understand. What is a blog? For healthcare professionals, it is usually a short article that you post
With all that has been going on in our lives for the last few years, many practice owners are experiencing daily stress from the ups and downs and unknowns we have all being going through. Consequently, many have found themselves just reporting in for work every day and are not feeling the passion they once
Our world shattered over the last 2-1/2 years and is reassembling itself in new patterns and necessities. The good thing is that people in general are coming back to life and getting together again. Back to Normal? This has included practices, most of which suffered one way or another, due to the lockdowns and the
We have recently lived through very disturbing and confusing times. Now, as that seems to be fading away, we are experiencing the fall-out from it that is making it harder than ever to run a stable, productive practice. Currently, many practices are experiencing difficulties with inflation affecting the cost of everything they need to buy
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