Improving Efficiency for Increased Profitability

Henry Schein Medical

Healthcare practices have faced ongoing financial pressure in recent years. While profit is increasing across the industry, payment rates have also grown for consumers, costs are rising, and margins remain unstable. With changing patient demographics, growing concerns about spending, and increased competition among healthcare providers, future profitability is uncertain – and will require agility to maintain.

In a recent article from Henry Schein Medical, experts identify potential solutions for maintaining profitability through increased efficiency. Adding telehealth capabilities, bringing lab services in-house, and turning to inventory management expertise are all viable paths for more efficient operations that both improve margins and increase patient satisfaction.

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