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Jul 18, 2011

Its been a while!!

Sorry folks for the long pause.... its been just a little over a year since updating!

Here's whats happened. We opened our practice in the First Quarter of 2010... right when we opened, we headed into a whirlwind of a year. As you can imagine, we've been busy.. I've been averaging 60-70 hour weeks doing business stuff and practicing. You really wear two hats :)

Quick Highlights:

  • Our practice grossed $550,000 in its first year. We are just seeing some of our patients come back (20-30% returning, but I guess not everyone comes back every year). Overall we are up 20% from Year 1.
  • Hire slow, fire FAST!!!
  • It took us a year to get on every medical panel
  • Its a good idea to have $40,000 in working capital. We had a $300K loan 
I'll let you know which months are slow and what my thoughts are on timing. I have so much to share, and I haven't forgot about you guys.... I've kept meticulous records, so stay tuned!

Its been a while!!

Sorry folks for the long pause.... its been almost a year since updating!

Here's whats happened. We opened our practice in the First Quarter of 2010. I'll let you know which months are slow and what my thoughts are on timing.

Our practice grossed $550,000 in its first year. We are just seeing some of our patients come back (20-30% returning, but I guess not everyone comes back every year). Overall we are up 20% from Year 1.

I have so much to share, and I haven't forgot about you guys.... I've kept meticulous records, so stay tuned!