ECONOMICS of GENERAL PRACTICEDR.AVINASHBHONDWE
CLINIC SPACE200-300 Sq. FtPurchase    5000/-  to 10,000/- per SqFtInterest at 12% p.a.Rent : Installment : 5000/- to 30,000/- per monthUp to Rs. 30/- per Patient in 40 patients a day
STATIONARYPrescription PadsCertificatesBills & ReceiptsReferral padsDispensing PacketsFilesAverage Expenses-    Rs. 1000/- per MonthRs. 1/- per Patient
RECORD  KEEPINGCase PapersAccounts	               Printing Charges Rs. 1/- perFiles                          pageMaintenance of records- FilesComputersPrinters, UPS, InvertersSoftwareElectricityAverage Rs. 2000/- per MonthRs. 2/- per patient
Equipments & MaintenanceStethoscopeWeighing ScaleBP ApparatusTorches, CellsGlucometerNebuliserECGSurgical InstrumentsIf Rs. 1,00,000/-  initiallyRs. 20000/- per year & 1667/-  per MonthRs.1.67 per patient
STAFF SALARIESMinimum Rs.5000/- per staffMore the patients more the staffAdvertisementsBonusGiftsMin. Rs. 5/- per staff    per every patient seen
MEDICINES PURCHASEMin. purchase Rs. 5000/- per monthMore the patients    more the expensesRs. 10/- per patient
INVESTIGATIONS & LABCollection Charges- Rs. 5 per sampleCleaningCommunications
     TAXES & DUTIESSociety Maintenance- 2000/-Municipal Tax- 4000/-Professional Tax- 2500/-Shop Act- 3000/-Biomedical Waste- 2000/-Income Tax- 40000/-Insurance- Vehicles, Indemnity, Accident, LIC Rs.25000Total 78,500/- per year; Rs. 6500 per monthRs. 6.50 per patientPay Taxes & Be a Good Citizen
DONATIONS & CONTRIBUTIONSProfessional Organizations- IMA,GPAFestivals: Ganpati,Holi, GokulashtamiMandirs- RenovationsTrusts & Social CauseRs. 10,000/- per year   Rs. 833/- per month    Rs.8.33 per patient
SELF EDUCATION CMEConferencesBooksMedical MagazinesCDsRs. 15000/- per yearRs.1250/- per monthRs. 1.25 per patient
TRAVELTo & fro DailyVisitsVehicle- interest,     Maintenance, Petrol,    PUC, InsuranceRikshaw, BusRs. 5000/per monthRs.5/- per patient
ELECTRICITY & WaterElectricity- Rs. 500/- to 1000/- per monthWater- Rs. 500/- per monthRs. 1.50 per patient
CLEANING & SANITATIONCleaning of ClinicSweeperMaintenance- Dustbins,    Bags, Phenyle, Soaps, Brooms,DustersPlumberAvg Rs. 1200/- per monthRs. 1.20 per patient
ENTERTAINMENTTea –Coffee LunchNewspapers, MagazinesAvg  Rs. 3000/-  mthRs.3/- per patient
CONSULTATION FEESYOUR FEES SHOULD BE MORE THAN THE EXPENSES INCURREDDON’T GO BY NEAR BY COMPETITORS RATESPROFESSION DOES NOT MEAN SOCIAL SERVICE
ACCOUNTSKEEP BOOKS OF ACCOUNTS FROM DAY 1KEEP ALL PAYMENTS BY CHEQUESKEEP A FILE FOR EXPENSESKEEP A DAILY REGISTER OF PATIENTS SEEN WITH FEES COLLECTEDTAKE A REVIEW EVERY MONTHTRY TO ANALYSE THE PROFITABILITYREVISE YOUR CHARGES AS PER INFLATION
Economics of General Practice

Economics of General Practice

  • 1.
    ECONOMICS of GENERALPRACTICEDR.AVINASHBHONDWE
  • 2.
    CLINIC SPACE200-300 Sq.FtPurchase 5000/- to 10,000/- per SqFtInterest at 12% p.a.Rent : Installment : 5000/- to 30,000/- per monthUp to Rs. 30/- per Patient in 40 patients a day
  • 3.
    STATIONARYPrescription PadsCertificatesBills &ReceiptsReferral padsDispensing PacketsFilesAverage Expenses- Rs. 1000/- per MonthRs. 1/- per Patient
  • 4.
    RECORD KEEPINGCasePapersAccounts Printing Charges Rs. 1/- perFiles pageMaintenance of records- FilesComputersPrinters, UPS, InvertersSoftwareElectricityAverage Rs. 2000/- per MonthRs. 2/- per patient
  • 5.
    Equipments & MaintenanceStethoscopeWeighingScaleBP ApparatusTorches, CellsGlucometerNebuliserECGSurgical InstrumentsIf Rs. 1,00,000/- initiallyRs. 20000/- per year & 1667/- per MonthRs.1.67 per patient
  • 6.
    STAFF SALARIESMinimum Rs.5000/-per staffMore the patients more the staffAdvertisementsBonusGiftsMin. Rs. 5/- per staff per every patient seen
  • 7.
    MEDICINES PURCHASEMin. purchaseRs. 5000/- per monthMore the patients more the expensesRs. 10/- per patient
  • 8.
    INVESTIGATIONS & LABCollectionCharges- Rs. 5 per sampleCleaningCommunications
  • 9.
    TAXES & DUTIESSociety Maintenance- 2000/-Municipal Tax- 4000/-Professional Tax- 2500/-Shop Act- 3000/-Biomedical Waste- 2000/-Income Tax- 40000/-Insurance- Vehicles, Indemnity, Accident, LIC Rs.25000Total 78,500/- per year; Rs. 6500 per monthRs. 6.50 per patientPay Taxes & Be a Good Citizen
  • 10.
    DONATIONS & CONTRIBUTIONSProfessionalOrganizations- IMA,GPAFestivals: Ganpati,Holi, GokulashtamiMandirs- RenovationsTrusts & Social CauseRs. 10,000/- per year Rs. 833/- per month Rs.8.33 per patient
  • 11.
    SELF EDUCATION CMEConferencesBooksMedicalMagazinesCDsRs. 15000/- per yearRs.1250/- per monthRs. 1.25 per patient
  • 12.
    TRAVELTo & froDailyVisitsVehicle- interest, Maintenance, Petrol, PUC, InsuranceRikshaw, BusRs. 5000/per monthRs.5/- per patient
  • 13.
    ELECTRICITY & WaterElectricity-Rs. 500/- to 1000/- per monthWater- Rs. 500/- per monthRs. 1.50 per patient
  • 14.
    CLEANING & SANITATIONCleaningof ClinicSweeperMaintenance- Dustbins, Bags, Phenyle, Soaps, Brooms,DustersPlumberAvg Rs. 1200/- per monthRs. 1.20 per patient
  • 15.
    ENTERTAINMENTTea –Coffee LunchNewspapers,MagazinesAvg Rs. 3000/- mthRs.3/- per patient
  • 17.
    CONSULTATION FEESYOUR FEESSHOULD BE MORE THAN THE EXPENSES INCURREDDON’T GO BY NEAR BY COMPETITORS RATESPROFESSION DOES NOT MEAN SOCIAL SERVICE
  • 18.
    ACCOUNTSKEEP BOOKS OFACCOUNTS FROM DAY 1KEEP ALL PAYMENTS BY CHEQUESKEEP A FILE FOR EXPENSESKEEP A DAILY REGISTER OF PATIENTS SEEN WITH FEES COLLECTEDTAKE A REVIEW EVERY MONTHTRY TO ANALYSE THE PROFITABILITYREVISE YOUR CHARGES AS PER INFLATION