Michael Spellman

Lucrative Practices Michael Spellman

Starting and owning a well-run, successful practice are two of the most rewarding activities in which a healthcare professional can engage. However, staying ahead of the curve in our ever-changing industry environment can feel burdensome and can be disheartening. The fact is that at the end of the day, clinicians are trained in their science, not in business. This can ultimately result in a costly, inefficient, trial-and-error approach to practice management.

Written as a business reference guide for healthcare executives, office managers and professionals in independent practice, Lucrative Practices includes detailed "how to" discussions and instructions, tips, forms, templates and guides that steer professionals away from problems and toward forward moving, financially successful management practices.



What will this book help you do?

Organize, structure, and operate your business so that it is as profitable and rewarding as it can be. Learn from the successes and failures of others to avoid costly mistakes and make more profitable decisions. Free-up the time your practice deserves and needs to prosper by implementing the strategies in Lucrative Practices. Stay ahead of the curve in our ever-changing healthcare environment with "how to" instructions and discussions for all phases of private practice management. Maximize your practice's profitability by creating a buffer between managers and the financial challenges they face. Find new inspirations and renewed motivation to build your practices to the fullest, most lucrative, potential.



There is no substitute for knowledge and experience. No matter how bright and clever a manager is, they are destined to make costly errors and miss valuable opportunities if they manage through trial-and-error and best guesses. Lucrative Practices serves as a concise, practical handbook in which other people's mistakes and successes are synthesized.