Shortly after monetary policy became less restrictive in September 2024, a host of macroeconomic indicators took a decisive turn for the better. As the record-high prime lending rate of 11.75% began to fall, banks' impairments as a percentage of total assets also declined.

Medical school prepares you to save lives, not to run a practice. Yet whether you like it or not, if you're in the medical profession, you are a practice owner. You have turnover, staff, payroll, COIDA obligations, and endless admin. The time for hiding from this reality is long gone.

As healthcare professionals, you dedicate your days to patient care, but how much attention are you giving to your practice's financial health? Understanding and tracking the right practice metrics can be the difference between a thriving practice and one that's merely surviving.