Every practice leaks money. Like a leaky faucet that continues to drip, money is dripping out of most offices every day. Most practice owners do not know they are leaking money, and when they do, they don’t know where the source of the leak is coming from.
One of the first things a practice owner does when the practice does not bring in enough money is to spend money trying to get more patients. This is really the last thing to do. What should be done is to go through this money leak checklist and see where you can tighten the ship and plug the leaks.