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What’s The Real Problem? Too Much Staff Or Not Enough Product Sales?

By Jerry Hayes OD | in
  • article discussions
| 10/14/2009 - 5:13 pm

Dear Jerry,

I started cold over twenty years ago and am now the proud owner of a two OD practice that did $1.2 Million in collected gross revenue in 2008.

Our combined net, my take home of $160,000, plus

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Todd Noble O.D.'s picture

Dr. T If you haven't

Todd Noble O.D. - 05/15/2009 - 17:36 pm

Dr. T

If you haven't already, you should consider adding ERM and going paperless (or at least chartless). Since adding our computer system over a year and a half ago, our staff went from being a little overworked and behind to having quite a bit of extra time on their hands (although, I always have something for them to do). We had good growth last year and have not had to add any new staff - I thought we were at maximum production per staff member before the addition of the computer system. The extra efficiency our system added helped my opticians reduce errors and get more done at a faster rate.

Stephen Kepley's picture

He could also realize

Stephen Kepley - 05/14/2009 - 12:01 pm

He could also realize additional savings in payroll taxes, benefits and workman's comp. insurance by reducing his staff by two. I know he could do it; I have three non-optical staff and one optical staff with a $700K gross.

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