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The Doctor's Mentor® Show: Ideal Medical Practice | Business of Medicine | Entrepreneurship | Exit Strategies | DocgitimacyAuthor: Lori L Barr MD: Practice, Career and Lifestyle Mentor and Radiologist
Before medical school you want to help people feel better. Once you start training and get into your practice,whether it is private, hospital-based, institutional, academic or corporate, you discover the distress of toxic work habits, stressed health professionals and bureaucracy. You are in danger of becoming a faceless white coat that doesn't have a clue how to feel good! This show meets doctors and allied health professionals where they are, from medical school, residency, fellowship, practice and through retirement and helps them refocus on what is really important in life: to live, to laugh, to love and to build legacy. Get a timely dose of the skinny, skills and science doctors need for maximum vitality as leaders. You hear humor, success and failure from surgeons, radiologists, anesthesiologists, cardiologists, pediatricians, family practice docs, chiropractors, dentists, physician assistants, physical therapists, psychologists, bestselling authors, doctorpreneurs, online entrepreneurs, military leaders, lifestyle design experts, celebrities, performing artists, financial experts. From burning man to big data to biohacking, learn actionable strategies for medical practice optimization, personal productivity and professional power and influence so you implement a better practice daily. When a doctor's life improves, those who live and work with the doctor also experience more joy, more fun, and more moments worth living. Join us weekly and find out what is possible! Language: en Genres: Business, Entrepreneurship, Health & Fitness, Medicine Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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How to See Hidden Revenue in Your Practice
Episode 3
Tuesday, 31 March, 2026
You're working harder than you were five years ago, and your take-home hasn't changed or it's gone down. You can feel the gap, but you can't pinpoint where it is. That's because the biggest revenue problems in independent practice aren't on the surface. They're structural — hiding inside pricing you haven't revisited, patients who drifted away and were never reactivated, and referral systems that were never built. In this episode, Dr. Lori Barr, aka The Doctors Mentor®, introduces the seven revenue levers in every independent practice and goes deep on the two most commonly neglected: Price Optimization and Reactivation Potential. Using anonymized stories from real physician conversations, she walks through the math of what these overlooked levers are actually costing you — and gives you a DIY audit you can start before the episode ends. In this episode, you'll learn: The seven revenue levers hiding inside every independent practice and why most owners are only managing two or three of them Why a five-year-old fee schedule could be silently costing you $40K–$64K per year The inactive patient math: how a simple quarterly reactivation campaign can generate $15K–$50K without a single dollar in ad spend Why smart, credentialed practice owners still miss these patterns (hint: it's not intelligence, it's proximity) How optimizing just three levers can compound into $86K+ in additional annual revenue without adding patients or staff A three-step revenue audit you can run this week with no outside help References: [1] Ekeh O, Simmons A, Farmer A, Hunter K, Zheng L. Current status of healthcare financial literacy among medical trainees and junior hospitalists: An observational survey study. Medicine. 2025;104(7):e41581. doi:10.1097/MD.0000000000041581 [2] Igu JA, Zakaria S, Bar-Or YD. Systematic review of personal finance training for physicians and a proposed curriculum. BMJ Open. 2022;12(12):e064733. doi:10.1136/bmjopen-2022-064733. PMID: 36572491; PMCID: PMC9806052. [3] Berenson RA, Rich EC. US approaches to physician payment: the deconstruction of primary care. J Gen Intern Med. 2010;25(6):613-618. doi:10.1007/s11606-010-1295-z. PMID: 20467910; PMCID: PMC2869428. Resources mentioned: Practice Growth Launchpad (virtual 2-week sprint): thedoctorsmentor.com/practice-growth-launchpad Discovery Day (live 1-day implementation workshop): thedoctorsmentor.com/discoveryday Practice Growth Mastermind: thedoctorsmentor.com/mastermind 2026 Discovery Day Dates: June 8, 2026 Portland, ME | September 16, 2026 Kanab, UT | December 8, 2026 Pensacola, FL
