Free clinic calculators › Should I Hire an Associate?

Should I Hire an Associate?

See what an associate needs to bring in before they add profit, what they'd really add once you count patients they take off your own schedule, and how much time they free up.

The associate

$
% of collections
$
Yearly base, if any. They get whichever is higher.
% of collections
Frames, lenses, contacts and lab on what they sell
$
Extra staff, equipment, an exam room, benefits, licences
%
The rest are patients you'd have seen yourself. Those cost you the associate's pay but bring in nothing new.

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Added profit a year

–

Per month–
Their yearly collections–
Their yearly pay–
Break-even collections–
Break-even per day–
Time it frees for you–

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How it works

Break-even uses the cheat sheet formula: added fixed costs ÷ (1 − pay % − product %). With the example numbers: $70,000 ÷ (1 − 0.25 − 0.25) = $140,000 in collections before the associate adds a dollar of profit.

Added profit counts only new patients as new money: new collections × (1 − product %) − their pay − added fixed costs. Patients moved from your schedule to theirs still pay the clinic, but you now pay the associate to see them.

That's the trap: an associate who mostly sees your existing patients buys you time, not profit. That can still be worth it. Just know which one you're paying for.

Educational estimates only. Not financial, lending, tax or legal advice. Numbers vary by location, clinic type and situation, and most published benchmarks are US. Check any decision with your accountant and lender.

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Want the benchmarks behind this?

The Clinic Numbers Cheat Sheet has the P&L ranges, the 7 checks before you buy a clinic, and 8 formulas to run on your own practice.

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