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BizQuiz: What can a manager do for you? (Answer 2a)

February 26, 2010

Taking the BizQuiz? This is the answer to question 2 of "What can a manager do for you?"

2) A-More than that-it's actually close to double the revenue.

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The 2009 Veterinary Economics State of the Industry Study revealed that practices with a manager earned an average gross revenue of $1.2 million compared with $646,000 for practices without a manager. In addition, the average revenue per full-time-equivalent (FTE) doctor at a practice with a practice manager was $400,000. It was $50,000 less ($350,000) for FTE doctors at a practice without a practice manager. Get more details from "Hiring a practice manager is profitable."

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