The Tip of the Day will focus on bringing ideas to help you best manage the practice issues associated with this rapidly evolving virus outbreak and prepare your practice for the upcoming recovery.
When you are able to reopen, understanding the practice cash flow will be a week-by-week focus. Calculate all expected receivables from patients and insurance. Do the same for expenses. Then compare the two to determine whether the practice will have positive cash flow that week or not.
Dr. Levin is now posting 2-minute “COVID-19 Insights” videos for GPs and Specialists. Visit and subscribe to our YouTube Channel at http://www.youtube.com/c/LevinGroupInc to hear his thoughts and ideas.