An associate doctor is the highest salaried employee in a practice outside of the owning doctor, so bringing an associate on can be a daunting idea. Knowing exactly what costs come with adding an associate can better prepare you as you transition doctors or grow your practice.
CWA Associate Planner Jack Bauer joins this episode to discuss the financial aspects that come with bringing on an associate, including salary, infrastructure, fixed and direct costs and staff. The guys break down the numbers to give a better idea of what growing your practice may cost.
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