Read! Books you need!

Read! Books you need!

In which we shamelessly self-promote our books by pointing out how we've thought through your biggest problems and solved them ALL (mostly). (Note: We're giving away free content from the books here. Really. Like scheduling tools, employee incentive programs and more.)

I need to train my receptionist!
Of course you do. And good on ya for realizing this. You're halfway here. Here's the kind of advice and tools you'll find in the recently revised dvm360 Veterinary Receptionist's handbook, Third Edition:

Scheduling well pet services
Filling out an appointment-times chart gives you a good idea how long a wellness exam with vaccinations will take. But that's only part of what you need to know.

When a client calls for a wellness exam, ask whether the pet is having any problems that need the doctor's attention. If a pet has an allergy, for example, a routine 20-minute appointment could easily stretch into 40 minutes. So try to determine everything that needs to be done while the pet is at the clinic.

 

Time allotment for clinic services

Purpose of visit  Schedule in a.m.  p.m.  Minutes to allow 

Special instructions

Wellness exam (dog) 

       

Wellness exam (cat)

       

First puppy visit

       

First kitten visit 

       

Follow-up puppy visits

       

Follow-up kitten visits

       

Exam—sick pet

       

Doctor release surgery

       
Doctor release hospitalized pet        

Suture removal

       

Clip nails

       

X-ray

       

Heartworm check only

       

Fecal check only

       

FeLV test only

       

Bath

       
Other (specify):         

 

Buy the book here.  

I need help motivating my team!

Better business means you can practice better medicine, amiright? But first you've got to get your team motivated. Check out this advice from the recently revised Art of Veterinary Practice Management, Second Edition:

Incentive programs

In a well-established practice, you can put 10 percent of the increase of gross from one quarter—as compared to the same quarter of the previous year—into an employee incentive fund. At the end of each quarter, ask employees to evaluate themselves. The owner or manager will also evaluate each employee.

Give each completed evaluation a numerical value, anywhere between 0 and 100 percent. Adjust the scores based on the number of hours the employee worked. For example, say an employee gets an 80 percent but worked 20 hours a week. You'll convert that 80 score to a 40 because the employee worked half the hours of a full-time employee. Divide the adjusted figure into the fund to determine how much each employee receives. Say you have $1,000 in the fund and two employees. One received a 60 percent score and the other received a 40. You'd give $600 to the higher scoring employee and $400 to the other.

The VMC Inc. Employee Incentive Program

Here's how ABC Animal Hospital determines its bonuses using the VMC Inc. Employee incentive program.

1. Determine employee bonus fund amount

Gross income this quarter $110,000

Less prior year's gross income for same quarter -$105,000

Equals increase in gross income for same quarter $5,000

Multiply by 10% x 0.10

Total employee bonus fund $500

2. Determine bonus fund value per share

A. Total the evaluation scores for all the practice's full-time employees.

70 (Judy) + 80 (Jackie) + 100 (Claire) = 250

B. For all part-time employees, take the average number of hours worked and divide by 40 (a full-time week). Multiply this by the employee's evaluation score to determine the adjusted evaluation score.

17.5 hours worked / 40 = 0.4375

0.4375 x 80 = 35 (April's adjusted evaluation score)

C. Total all evaluation points scored by full-time and part-time employees.
250 + 35 = 285

D. Divide the total employee bonus fund by the total points scored.

$500 / 285 = 1.75 (bonus fund value per share)

3. Calculate individual employee bonuses
Multiply each employee's score by the bonus fund value per share.

Judy 70 x 1.75 = $122.50

Clare 100 x 1.75 = $175

Jackie 80 x 1.75 = $140

April 35 x 1.75 = $61.25

Buy the book here. 

 

I need help setting fees!

Who doesn't? That's why the crack teams at WTA Veterinary Consultants and Veterinary Economics (yep, that's us!) conduct the annual Benchmarks Study of Well-Managed Practices. Cause even the best practices in the country really, really wanna know what their colleagues are charging—and why.

Want a sneak peek at Benchmarks data? Click here to look at whether pharmacy sales have dropped. Or here to see what's stressing you out. Over here for a look at which new services Well-Managed Practices are adding. Click this for a link to buy the book. 


I need MORE financial help!

Every other year, Benchmarks looks at some of the deeper underlying challenges facing veterinary practices. In 2016, they're tackling leadership, boosting ROI with your tech toolbox and transition planning. Need help? We're here! (Err, click here. You know. For the book.)