Practice overview? Where to begin

[Guest guest]

I haven't followed this listserv all that much although I've gotten all

the emails for a long time, so I'm not too familiar with the " do's and

don'ts " . Would it be acceptable for me to post some specific

information about my practice in the hope of getting some good useful

feedback?

(These aren't the details I'm referring to.) Eight years ago I stopped

doing everything hospital-related, including tons of ob; back then, it

didn't matter what I did or didn't do, I still made plenty of

money. When I stopped all of that during a seven-year period of

burnout, I went from no interest in practice management and making a

lot of money to no interest in practice management and making less than

a beginning school teacher. Since then I have followed with

interest the ideas put forth from this group with great interest.

A couple years ago I was paying $94,000 annually in salaries, down now

to $65,000 in 2006, and the possibility of $40,000 or less for salaries

this year.

My lowest net was in 2005, up significantly last year, and expect to

continue the upward trend this year. There's so much more I could

be doing to increase my efficiency and bottom line, but it's hard to

really know where to begin.

Looking forward to some good feedback.

Shirley Pigott MD

texas