Due to economics, you may be reluctant to add more space to your practice. Although the upfront costs are intimidating, additional space means increased capacity, which equals more income.
When deciding to expand, do the following:
- Evaluate current practice space;
- Plan appropriately to add more providers;
- Review available benchmarks for practice space per full-time provider; and
- Calculate how reconfiguring the practice will affect patients.
For more details on enhancing your practice, download the ACR’s practical business manual for rheumatologists, “The Business Side of Rheumatology” at www.rheumatology.org/practice.
For additional information on this topic or other practice management questions, contact the ACR Practice Management Senior Specialist, Cindy Gutierrez, MBA, at [email protected] or (404) 633-3777, ext. 310.