6 ways to improve your practice finances

As a physician, you have little control over managed care and governmental oversight, but you can improve your financial stability and profitability with careful planning and strategic decision-making. Here are six specific areas you can control that will enhance your practice finances, ensuring a healthier financial future.

Thomas R. Loeblein, CHBC, CFP, is president and CEO at Healthcare Management Consultants.

Shane Tenny, CFP, is the managing partner and a financial planner at Spaugh Dameron Tenny, LLC.