Smart Medical Practice Toolkit: Understanding Financial Statements and What They Reveal About Practice Performance
Wednesday, December 3
Presenters: Carrie Lapka
Financial statements aren’t just documents for your accountant—they’re powerful tools for managing and growing a successful medical practice. Your balance sheet, income statement, and cash flow statement reveal the true financial health of your practice and help you make data-driven decisions with confidence.
In this short, 15-minute on-demand session, Carrie Lapka, CPA, CPPM, walks through the fundamentals of reading and interpreting key financial statements so practice owners, managers, and administrators can better understand what the numbers really mean.
What You’ll Learn:
- Why financial statements matter for every practice
- How to read the balance sheet, income statement, and cash flow statement
- What these reports reveal about financial health and performance
- Common ratios to monitor and how to use them to guide decisions
- Tips to strengthen financial oversight and planning
Why Watch:
A strong financial understanding leads to stronger operations. Learn how to monitor trends, spot concerns early, and support long-term success by getting comfortable with your practice’s financial data.
Get Practical Resources for Your Practice
Yeo & Yeo’s Smart Medical Practice Toolkit is your go-to resource for navigating the financial, operational, and regulatory complexities of practice management. This collection includes brief, high-impact webinars, downloadable tools, and practical guidance—all built around the real challenges physicians and practice managers face.