and can anyone tell me how much with a specialization in cardio or neruological theapy? do they make more that regular therapist? if yes how much more?
2006-09-25 10:11:14 · 4 answers · asked by sportsfan24 1 in Business & Finance ➔ Careers & Employment
I totally agree with the other responders. In my experience with a small medical practice, the order of concerns are:
1. Finances (under capitalization will doom any entrepreneur)
2. Employees
3. Insurance payments and contracts
4. Co pays (payments not insurance nor write offs)
5. Professional colleagues
6. Marketing
Initially your concern will be staying in business. A large salary disbursement to the owner is not likely for some time. Remember that you are at the mercy of the market, not the other way around.
2006-09-25 10:45:37 · answer #1 · answered by db79300 4 · 0⤊ 0⤋
First five years Nope unless you are saying gross revenue.
You personally will be lucky to take home 20,000 $
after taxes & expenses and thats on 50 -60 hr work week.
Now if you survive five years a personal take home of 60-80000 in possible again on 50 - 60 hr week.
go with luck and knowledge and you will not be in bankruptcy court.
2006-09-25 17:21:26 · answer #2 · answered by Anonymous · 0⤊ 0⤋
If you didn't take insurance and only took cash-paying patients, then MAYBE you'd see a hundred grand.
Most insurance companies will not creditial any single practitioners anymore - they want groups.
2006-09-25 17:19:26 · answer #3 · answered by zippythejessi 7 · 0⤊ 0⤋
after taxes, rent, utilities, equiptment,license,
advertising, I dont think so
at least for a few years
2006-09-25 17:20:35 · answer #4 · answered by Mopar Muscle Gal 7 · 0⤊ 0⤋