Sometimes, looking at practice metrics and numbers can feel discouraging, especially in a time where practice owners are feeling the effects of staffing shortages, inflation and rising costs. Yet despite the volatility, the newest Cain Watters & Associates (CWA) benchmarking report shares that practices continue to show their resilience, and there are multiple reasons to be encouraged by the numbers.
CWA Partner Hunter Satterfield joins Charles on this episode to discuss the recent trends and patterns surrounding practice collections, direct and fixed costs and even net income. They go into detail on what solutions owners should focus on to respond and grow.