4 ms·
A private practice owned by the MDs reporting relatively low net margins is meaningless without knowing what the MDs are taking out as income.
by InefficientRed 4y ago
A private practice owned by the MDs reporting relatively low net margins is meaningless without knowing what the MDs are taking out as income.
- kstrauser 4y agoHer practice, as are most, is an S Corp. In other words, the net income is her take-home income. Put another way, the rent, employee pay, supplies, malpractice insurance, etc. etc. etc. add up to about 85% of her gross revenue. That 15% difference is how much she personally makes.