Given the dramatic impact of COVID-19 on ophthalmology practices, exercising financial discipline is more important than ever before. This interactive session will introduce the concept of financial forecasting and how it can be used to project revenue, manage cash flow, assess appropriate staffing levels, and right-size cost structure in today’s business environment. Attendees will also learn about and receive BSM Consulting’s new Operating Forecast Tool to help their practices forge a pathway to recovery.
After the webinar, attendees will know:
Key lessons learned from practices related to financial management during the COVID-19 crisis.
The concept of business forecasting and how it can be used as a bridge to financial recovery.
How to use BSM’s Operating Forecast tool to help with their own business recovery.
Refocus on how to effectively manage an efficient revenue cycle management process