This tool has been designed to help you and your practice meet your financial goals. It is designed to demonstrate the mechanics of fee for service and to help you understand how practice billing may affect your income and the lifestyle you wish to achieve. The calculator will help to guide you on setting an appropriate consultation fee, as well as the number of services you would need to bill to meet your goal. Experimenting with different calculations will help you to determine how many sessions, individual consultations and thus the number of clinical staff your practice will need to meet your ideal financial goal.
Note: decisions relating to financial management are extremely important, so it is essential you seek professional advice (eg accountant, financial advisor, lawyer) relevant to your individual circumstances. This calculator is not intended as a comprehensive accounting tool and is provided for general guidance only.
Adjust the levels using the arrows or by entering values into the appropriate boxes.