Tag Archives: management

Practice Periphery, The Little Things, Again

Last time I chatted about pretending you are your own patient. Walk into your waiting room and what do you see? This time, let’s go outside and pretend you just drove into the parking lot and you are approaching the front door. First of all is the parking convenient? Are the walk ways accessible? As [...]

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Is Buy and Hold Dead: Cyclical Markets within Secular Markets

According to Ned Davis Research and utilizing the Dow Jones Industrial Averages,  since 1906 there has been four bear markets, 1906-21, 1929-42, 1966-82, and 2000 to ???, in contrast there has been three bull markets, 1921-29, 1942-66, and 1982-2000(DJIA Index). The average bear market lasts 14 years with an average cumulative return of -30.96%. The [...]

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A Road Map for Physicians and Dentists-Part One

The rise of managed care over the past decade or so has caused physicians to consider the need for better fiscal management.  One common strategy is the creation of a sound business or strategic plan. Over my 25 years of financial and practice management I have determined that their are two types of physicians. First, [...]

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