Archimedes, Leverage, and Modern Healthcare

Abstract

Healthcare faces simultaneous declining reimbursements and rising overhead costs. As a result, physicians’ incomes are losing ground. The challenge becomes figuring out how to be both more efficient and smarter at achieving productivity goals. Multiple ways are available to add leverage in your practice to improve the throughput of providing care to our patients. This article discusses the philosophical and financial concept of leverage and recommends eight examples of how small actions can lead to profound improvements in your practice.