BizQuiz: What can a manager do for you? (Answer 1b)

1) B-Close, but it's a little more than 12 hours.

According to results from Benchmarks 2006: A Study of Well-Managed Practices, study participants say their managers have saved them an average of 15 hours a week. In addition, they report lower overall staff cost as a percentage of revenue (by about 1 percent). Per-doctor production averages are $46,000 higher than in practices without a manager. To study these results in detail, see "I save the owner 25 hours a week-and then some."

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