BUSINESS
or her production. Due to the potential monthly vagaries of
the wellness plan, how much the associate produces ver-
sus what the client actually pays can vary widely. How does
the practice owner reconcile these numbers in an equitable
way? The answer to this will determine just how desirable a
workplace your practice is for future associates—which can
influence a potential buyer’s interest.
ty of potential buyers to choose from. On the other
hand, a practice that uses this operational model may,
justified or not, frighten off some potential buyers, in-
cluding corporates.
MediWallet
Which leads us to our final question …
VETERINARY FINANCE
6. Is there a stigma attached to wellness plans?
Along those same lines …
5. Do wellness plans make your practice less desirable
to a potential buyer?
If there was one, it appears to be dissipating. In the
end, high-quality medicine, satisfied clients, a happy
staff and healthy profits ought to be the goals of every
well-balanced practice owner. Operationally, how he
or she gets there should be considered secondary.
GROW YOUR PRACTICE WITH MEDIWALLET VETERINARY FINANCE
Opinions seem to differ on this question. As in real estate,
a home with a swimming pool can eliminate certain buy-
ers from the market and seal the deal for others. A well-
ness-plan-driven practice has the same potential. On the
one hand, a healthy, profitable practice should have plen-
MediWallet
MediWallet
MediWallet
VETERINARY FINANCE
MediWallet
VETERINARY
FINANCE
Tom McFerson, CPA, ABV, is partner at the veterinary
accounting firm Gatto McFerson in Santa Monica,
California.
REDUCE YOUR BAD DEBT
With more people unable to afford unex-
pected veterinary costs, MediWallet pro-
VETERINARY
FINANCE
vides your customer with an easy method
IMPROVE
to finance their purchase in your practice.
YOUR CASH
VETERINARY FINANCE
GROW
YOUR
PRACTICE
WITH MEDIWALLET
VETERINARY FINANCE
GROW YOUR
PRACTICE
WITH MEDIWALLET
VETERINARY FINANCE
FLOW
GROW YOUR PRACTICE WITH MEDIWALLET VETERINARY FINANCE
BENEFITS:
YOUR BAD DEBT VETERINARY FINANCE
GROW
WITH MEDIWALLET
GET YOUR PRACTICE REDUCE
•
We
take
your
bad debt BAD DEBT
With more people
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to afford
unex-
REDUCE
YOUR
SETTLED
pected veterinary costs, MediWallet pro-
• We settle
you
weekly
vides your customer
an easy
method
REDUCE
YOUR
DEBT
WEEKLY IMPROVE
With with
more
people
unable BAD
to afford
unex-
Higher
invoice
to finance their •
purchase
in your
practice. value
YOUR CASH
pected
veterinary
costs,
pro-
With
more
people
unable MediWallet
to afford DEBT
unex-
FLOW
REDUCE
YOUR
BAD
•
No
integration
cost
vides your
customer
with
an easy method
IMPROVE BENEFITS: pected
veterinary
costs,
MediWallet
pro-
•
SMS
Pre-Approval
within
seconds
With
more
people
unable
to
afford
unex-
NO
to
finance
their
purc hase
in
your
practice.
YOUR
CASH
GET
vides
your customer
with an easy method
IMPROVE • We take your
bad
debt
•
Established
client
base
SETTLED
pected
veterinary
costs,
MediWallet pro-
BAD
DEBT
FLOW
to weekly
finance their purchase in your practice.
YOUR
CASH • We settle you
WEEKLY
vides
value your customer with an easy method
IMPROVE • Higher invoice
FLOW
integration
BENEFITS:
to cost
finance
their purchase in your practice.
YOUR CASH • • No
SMS
Pre-Approval
within seconds
NO
GET
FLOW • Established client
base
BENEFITS:
BAD DEBT
• We
take your bad debt
SETTLED
GET
We
settle your
you bad
weekly
• • We
take
debt
BENEFITS:
WEEKLY
SETTLED
Higher
invoice
value
GET
• • We
settle
you weekly
WEEKLY
•
We
take
your
bad
No integration
cost debt
SETTLED
• • Higher
invoice value
• SMS
We settle
you weekly
Pre-Approval
WEEKLY
• • No
integration
cost within seconds
NO
•
Higher
invoice
value
• SMS
Established
client
base
•
Pre-Approval
within seconds
BAD
DEBT
NO
• No integration cost
•
Established
client base
BAD DEBT For more information:
For
more
information:
•
SMS
Pre-Approval
within seconds
NO
[email protected][email protected]
BAD DEBT 0861 007709 • Established client base
0861 007709
or sign up at www.mediwallet.co.za
or sign up at www.mediwallet.co.za
Issue 03 | JUNE 2017 | 5