Diagnosing Practice Financial Diseases

This session examines the financial diseases that plague practice financial health. It starts with the symptoms practice owners and managers should be tracking. It then addresses treatment plans that can help heal the practice. It also covers the most important KPI's from a financial management perspective.

Here's what you'll learn:

  • Attendees will learn important accounting terms to help them understand and interpret their financial statements.

  • They will learn how to assess the financial health of their business.

  • They will also learn the industry benchmarks needed to diagnose financial diseases and then how to prepare a treatment plan to improve their practice's financial health.

Course curriculum

  • 1

    Diagnosing Practice Financial Diseases

    • Diagnosing Practice Financial Diseases

    • Quiz: Diagnosing Practice Financial Diseases (Required for CE Credit)

Instructor

MS, CVA

David McCormick

David McCormick is a veterinary practice appraiser, broker and transaction specialist. Over the last 20 years he has focused on veterinary practice valuation, facilitating transactions and helping current and future practice owners reach their goals. He teaches regionally, nationally and internationally on topics such as practice value & practice financial health, buying/selling a practice, exit planning and practice ownership issues. He operates the Simmons & Associates offices of Simmons Mid-Atlantic and Simmons Great Lakes with his partner and father, Larry McCormick, DVM, MBA, CBA.