Whitepaper: Building a Variable Cost Model for Practice Management
Learn how Provider Enterprises can redefine their operating models and become more resilient to revenue fluctuations.
As organizations address the surge of challenges before them both during and in the wake of the COVID-19 pandemic, a critical strategy to their success will remain in the areas in which they are able to create a variable administrative budget. Groups that can mitigate, maintain, or even profit during this time by identifying lean operating models that will scale up and down with their volumes, will not only be in a position to ride out this crisis but will perhaps do so in a position to grow, acquire, and further gain leverage in the years to come.
Read this whitepaper to learn:
- The challenge of fixed recurring costs
- Approach to reducing fixed costs & redesigning the practice
- The value of a variable cost model
- Strategies to migrate to a Variable Cost Model