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Financial Strategies for Medical Practices: Interview with Fractional CFO Carl Stoddard | Medicine and Money Show

Want to maximize your medical practice profits? In this episode, host Ryan Smolarz interviews Carl Stoddard, a fractional CFO specializing in medical practice financial strategies. Carl discusses the critical financial aspects doctors face when running their practices.

🎯 CHAPTERS & TIMESTAMPS:
0:00 - Introduction to Medical Practice Financial Management
3:30 - Carl Stoddard: Fractional CFO for Medical Practices
7:00 - Understanding Practice Profit Margins
11:15 - Key Financial Metrics Every Doctor Should Track
16:00 - CFO vs. CPA: Which Does Your Practice Need?
20:30 - Revenue Cycle Management for Physicians
25:00 - Managing Medical Practice Overhead
29:45 - Tax Strategies for Medical Professionals
34:15 - Building Wealth While Running a Practice
39:00 - Preparing Your Practice for Sale or Partnership
44:30 - Financial Forecasting and Planning
49:00 - Action Steps for Practice Owners
54:15 - Final Thoughts and Resources

📚 WHAT YOU'LL LEARN:
- Key financial metrics every doctor should track
- The difference between CFO and CPA services
- How to maximize medical practice profit margins
- Revenue cycle management best practices
- Tax strategies specifically for medical professionals
- How to manage practice overhead effectively
- Building personal wealth while running a practice
- Preparing for practice sale or partnership opportunities

💬 ENGAGEMENT HOOK:
What's your biggest financial challenge as a practice owner? Are you tracking the right metrics? Share your questions in the comments!

🎁 RESOURCES:
Subscribe to the Medicine and Money Show for weekly content on practice management, physician wealth building, and financial strategies.

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