Managing Up-How to Use Financials to Impact Your Practice

Member Price: $69; Nonmember Price: $99

Financial statements reveal the health of a veterinary hospital. But how do you, as a practice manager, utilize them to effect change at your hospital? This session will not just cover the basics of financial statements – it will explain how you can use them to change data into information, information into knowledge, and knowledge into performance improvement. It will also explore how to create a financial partnership with the hospital owner, including how often to meet, what checks and balances should be in place, and what key performance indicators to review to help make the biggest impact.

VHMA 2021 Annual Meeting and Conference

Original Recording:

Thursday, September 9, 2021

1:45 PM-3:15 PM Eastern

Credit CEU1:1.5

Tag(s) Financial

Description

Speaker: Beth Scott

Beth Scott is a partner in Katz, Sapper & Miller's Business Advisory and Veterinary Services Groups. Beth works with clients to provide strategic and a actionable solutions to their complex business challenges.

As a member of the Veterinary Services Group, Beth provides hospitals with benchmark and profit-enhancement consulting to help increase their profits as well as the values of their practices. In addition to the day-to-day management of one of the largest national veterinary benchmarking databases, Beth actively participates in speaking engagements and industry membership groups across the U.S

Beth was instrumental in working with the American Animal Hospital Association (AAHA) and Veterinary Management Group (VMG) to combine their chart of accounts that was subsequently released and accepted as the veterinary industry's standardized chart of accounts.