The basic math of our practice model

·         Assume $70 per visit (which is low)

·         Assume each patient per day generates approx. $17,000 per year

·         Traditional practice employs 3.5 to 7 staff per clinician

·         Assume average employee costs practice $40,000 per year

·         Assume office expenses $3,000 per month ($36,000 per year)

·         Our practice model employs 1-2 staff per clinician

·         Scenario #1, traditional practice; 16 patients per day; 4 employees

o   Annual Revenue:  $272,000

o   Annual employee costs:  $160,000

o   Annual office expenses:  $36,000

o   Your take home = Revenue – expenses = $76,000

·         Scenario #2, IMP practice; 16 patients per day; 1 employee

o   Annual Revenue:  $272,000

o   Annual employee costs:  $40,000

o   Annual office expenses:  $36,000

Your take home = Revenue – expenses = $196,000