Topic
7 ways to boost profits in the medical practice industry
Instructions
Write an article analysis on 7 ways to boost profits in the medical practice industry
Answer Preview
If you are paying staff for overtime hours, you may consider cutting down on that expensive and adding that to your profits. Many of the times, there are several staff members staying behind to help in on one thing or other, while in reality only one employee could do that. The overtime payment going to the extra workers is a waste. The way to address this is to document a requirement that before any employee stays over for overtime, they secure approval prior to doing so. This way, you can be sure that you are paying overtime hours that convert to real work, not wasting money on the average. If it occurs that you have to regularly pay for overtime hours, then it is time to consider adding more staff members to your facility and save on the overage.
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