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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