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.
During this COVID-19 crisis, businesses have understandably gone through a great deal of panic. In trying to save their practices they are taking the knee-jerk reaction of cutting every expense possible. Unfortunately, if you cut everything down to the bone your recovery will be harder, take longer, and you might not recover at all. Of course practices that want to survive must carefully monitor and reduce expenses. The best way to approach this is to list every practice expense in order from largest to smallest. Then look at each one and challenge every expense in your mind.
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.