Entries by Andrew Clark.

Remove seasonality from your financial metrics

May 6, 2016 by Andrew Clark

Does the seasonality of your practice undermine your confidence when you need to make decisions based on your financials?  While doing the research before building www.ismypracticehealthy.com, we... [ Continue Reading ]

Topics: Featured 3 ,Finance ,Financial Friday

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Profit and Cash are Not The Same

Apr 29, 2016 by Andrew Clark

Unfortunately, I often hear the managing partner of a veterinary business say “I don’t understand what is wrong.  At the end of the year, our accountant... [ Continue Reading ]

Topics: Featured 3 ,Finance ,Financial Friday

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Develop Accurate Bookkeeping Habits

Apr 22, 2016 by Andrew Clark

Strive to consistently record financial results in the same file every month.  Imagine what would happen if every once in a while your lab recorded BUN results in the... [ Continue Reading ]

Topics: Featured 3 ,Administration ,Finance ,Financial Friday

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Treat Your Practice Like a Patient

Apr 15, 2016 by Andrew Clark

When you look at lab results on a veterinary patient, you look at a summary page that you can scan efficiently to make your diagnostic or treatment decision.  You... [ Continue Reading ]

Topics: Featured 3 ,Finance ,Financial Friday

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Learn to read the financial story of a practice

Apr 1, 2016 by Andrew Clark

Imagine financial statements as a 3 to 12 page book that tells the financial story of a business.  Everybody has time to read and understand a 12 page book!  The table... [ Continue Reading ]

Topics: Featured 3 ,Finance ,Financial Friday

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Provide both exemplary veterinary care and customer care

Mar 17, 2016 by Andrew Clark

Customer service is a phrase that we use too much with too little understanding of its true meaning to our practices.  The measure from which to look at customer... [ Continue Reading ]

Topics: Featured 3 ,Provide Exemplary Care ,Service Thursday

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Financial Friday will help you get your financials in order

Mar 5, 2016 by Andrew Clark

Financial Friday - March 4, 2016 The mission of www.ismypracticehealthy.com is to lead our readers on an educational journey, presenting weekly veterinary business knowledge using brief, easily understandable, impactful management... [ Continue Reading ]

Topics: Finance ,Financial Friday

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Question of the Week

Sep 28, 2015 by Andrew Clark

Dr Ed Blach and I have specifically designed ismypracticehealthy.com to provide simple, accessible, and searchable business education for veterinarians.  We’ve received very positive reviews from many... [ Continue Reading ]

Topics: Getting Started ,Management

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Finding Opportunity III Look For Opportunity in Your Service Mix

Sep 11, 2015 by Andrew Clark

Equine practitioners, like most people, are creatures of habit.  We do what we do because we do what we do because we’ve always done it.  Perhaps... [ Continue Reading ]

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“I want to manage my practice better.  Where do I start?...Start With Your Financials!

Aug 24, 2015 by Andrew Clark

Andrew R Clark, DVM, MBA Veterinary School does not provide sufficient business training for veterinarians to manage their businesses well. Recognizing this gap, Dr. Ed Blach and I built ismypracticehealthy... [ Continue Reading ]

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