What does losing a therapist cost you?
Turnover is one of the most expensive things that happens to a practice. See what you lose each month while the chair sits empty, plus the cost to replace. Your real number, not an industry average.
Turnover is one of the most expensive things that happens to a practice. Replacing a therapist easily runs into the tens of thousands once you count the billings lost while the chair sits empty, plus the cost to rehire. This is your number below, so retention has a price tag. Figures are before employer payroll taxes and benefits. (A cost-of-departure estimate, not a prediction about anyone.)
The full written answer, formula and all: what it costs to lose a clinician →
This is one slice. The full Snapshot shows every clinician, your own real hourly rate, and where the money actually goes. Free, about five minutes, nothing leaves your browser.
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Link to this page and attribute it to Keystone Practice:
Keystone Practice. "What does losing a therapist cost you?" https://keystonepractice.co/tools/cost-of-losing-a-therapist
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