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Practice Management Rotation. Taught practice management since 2002 Developed rotation in 2007 to expose DVM students to “real world” and as outreach to practice owners
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Practice Management Rotation • Taught practice management since 2002 • Developed rotation in 2007 to expose DVM students to “real world” and as outreach to practice owners • With Novartis & Hill’s support, program has achieved great accolades (seen in UGA CVM Annual Report, Georgia Magazine, Georgia Trend) • 90 practices have participated in rotation and/or outreach efforts. Each receiving 200+ hours of work. • MBA grad assistants also helped with data collection • New collaboration, two students from U of FL CVM will be participating in PMR
Practice Management Rotation Services • 2. Financial Analysis (compare with industry benchmarks) • P.M. Software Audit (review categories, mark-ups, discounts) • 3. Fee Analysis (activity based costing services) • 4. Revenue/Compliance Analysis (Preferences, DVM performance) • Marketing Audit/Strategic Marketing/Demographics • Buy/Sell Hospital Valuations • 1. Workflow/Communication Observations (most favorite!) • Break-even/feasibility analysis for new equipment • Whatever else the owner wants and we think is doable.