3% SECOND QUARTER END FEE INCREASE
Dear Practice Owner: Yes - it’s that time of year again. This is your 2nd Quarter Fee Increase nudge to pull the trigger and increase your fees by 3% across the board. Don’t forget that the cost of living increased this last year, creating a relative drop in your fees. The answer to this problem is small scheduled quarterly fee increases to either or both your front-end fees (I.e. quotable items such as exams, spays, neuters etc…) and back-end fees (I.e. radiographs, lab work, surgery fees etc…).
As of this June 30th 2009 we recommended the following fee increases:
- 3% Front-end fee increase (q6Mo)
- 3% Back-end fee increase (q3Mo)
Next fee increase: Third quarter ending Sept 30, 2009